GSI Commerce and Fireswirl expand cooperation in China

GSI Commerce and Fireswirl expand cooperation in China

The partnership enables and localizes innovative omnichannel solutions for the Chinese market

KING OF PRUSSIA, Pennsylvania and VANCOUVER, British Columbia–(BUSINESS WIRE)– GSI Commerce, a leading provider of omnichannel commerce and interactive solutions, and Fireswirl Technologies, Inc., (TSXV:FSW)(“Fireswirl”) provider of integrated technology platforms and services, are pleased to jointly announce the expansion of their partnership in China with the addition of VendorNet Commerce Suite. Fireswirl is an established e-commerce platform offering end-to-end services that help brands run online stores in China.

GSI serves more than 1,000 retailers and brands around the world, providing commerce technology, order fulfillment, customer service and marketing services. With the continuous development of e-commerce in China and the strong interest in leading international brands among the Chinese population, there is huge growth potential for retailers and brands in China. GSI wants to provide consumers with easy access to the retailers and brands they want, while offering an enhanced shopping experience across multiple channels.

“Over the past six months, Fireswirl has been an extremely valuable partner in facilitating rapid market entry in China for top retailers and brands using GSI’s commerce services,” said Tobias Hartmann, general manager of global operations at GSI. “With this expansion, Fireswirl will help us localize and make our innovative omnichannel commerce solutions powered by VendorNet, including in-store pickup and ship-from-store, available to the China market. These solutions will be valuable to retailers already operating in China to attract customers to their stores, optimize inventory and reduce transportation costs. Increased availability of product selection across all channels and the ability to pick up products in store will improve the consumer experience and increase customer loyalty.

The GSI and Fireswirl collaboration has already proven successful with the launch of a mono-brand store for a leading US retailer. “We are very excited to extend our partnership with GSI,” says Tony Lau, CEO of Fireswirl. “This strategic partnership and the launch of GSI’s VendorNet solution in China will provide both companies with further growth opportunities.”

About GSI Commerce

GSI Commerce® enables multi-channel commerce, multi-channel retail and digital marketing for global businesses in the US and around the world. GSI’s e-commerce services, which include technology, order management, payment processing, order fulfillment and customer service, are available in modular form or as part of an integrated solution. GSI Marketing Services includes innovative digital marketing products and services that include database management and segmentation, marketing distribution channels, a global digital agency providing strategic and creative direction, and an advanced advertising analytics and attribution management platform. GSI is headquartered in King of Prussia, Pennsylvania, with service offices in New York, Los Angeles, Barcelona, Spain, London, the United Kingdom and Beijing, China. More information can be found at gsicommerce.com. GSI is an eBay Inc. company. (US: EBAY) business.

About Fireswirl Technologies Inc.

Fireswirl Technologies Inc. (TSXV: FSW) focuses on generating transactional revenue by designing e-commerce and mobile solutions for content providers. The Company’s technology has broad applications for those who require multiple payment interfaces, multi-currency and multiple language capabilities. It can be adapted to any industry looking for high-volume or micropayment solutions that engage a broad user base via web-based or wireless applications.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release contains certain forward-looking statements that reflect Fireswirl Technologies Inc.’s current views and/or expectations. with respect to its results, operations and future events. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including, but not limited to, those relating to market developments, potential deterioration in economic conditions, currency fluctuations, general demand, competition and our ability to implement our business plans and strategy on time or at all. These risks and others could cause actual results and events to differ materially. Fireswirl Technologies Inc. undertakes no obligation to publicly release any changes to update any voluntary forward-looking statements.

Available photo/multimedia gallery:http://www.businesswire.com/multimedia/home/20130110005274/en/

GSI Trading
Kelly Henry, 610-491-7474
Director of Corporate Communications
Fax: 610-265-2866
Twitter: @GSICommerce
[email protected]
Or
Fiery vortex
Ji Yoon, 604-540-8805 ext. 214
Interim CFO
Fax: 604-677-6613
[email protected]
www.fireswirl.com

KEYWORDS: United States Asia Pacific North America Canada China California Pennsylvania

INDUSTRY KEYWORDS:

The article GSI Commerce and Fireswirl Extend Partnership in China originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We may not all be fools of the same opinion, but we all believe that considering a variety of insights makes us better investors. The Motley Fool has a disclosure policy.