ChannelAdvisor and Extrastock partner to offer
channel management software, services in Australia
Partnership Offers Australian Merchants a Strategic Advantage in the eBay.com.au Marketplace

Research Triangle Park, NC and Sydney, Australia - January 06, 2003 - Extrastock Pty Ltd, the leading Australian provider of marketplace management services, and ChannelAdvisor, the top US vendor of enterprise solutions for online marketplaces have partnered to bring ChannelAdvisor's software to the Australia marketplace managed by Extrastock. The companies will work together to enable ChannelAdvisor customers in the US (such as Dell, IBM, Motorola, Intel and Kodak) to sell products via the eBay.com.au (NASDAQ: EBAY) marketplace in Australia. Extrastock will also work with Australian manufacturers, distributors and retailers that want to sell via this dynamic online channel.

"Expanding internationally is a key part of ChannelAdvisor's strategy. We chose Extrastock as our partner because of their knowledge and expertise in Australia," says Scot Wingo, CEO and President of ChannelAdvisor.

ChannelAdvisor provides technology and services that enable industry-leading companies, small businesses and individuals to use online marketplaces to acquire customers and maximize inventory yield. ChannelAdvisor's solutions combine best practices, innovative software applications and integration technology to dramatically accelerate marketplace performance. ChannelAdvisor's strategic alliances in the US include eBay, Yahoo! and Amazon Auctions.

"We look forward to bringing ChannelAdvisor's superior technology platform and industry- leading client base to the Australian eBay Marketplace. The growth is here and now it's time to offer the best available technology and services," says Cornelius Geary, Director of Strategy of Extrastock Pty Ltd.

In addition to the Extrastock and ChannelAdvisor partnership, Wingo has agreed to join Extrastock's Advisory Board. "Scot is an experienced entrepreneur and will be a valuable asset to Extrastock and our Advisory Board. He will be consulted at every step of Extrastock's growth," says Geary.

About Extrastock Pty Ltd
Extrastock Pty Ltd, recently named an eBay.com.au Preferred Service Provider, provides strategic, full-service marketplace management for retailers, distributors and manufacturers. Extrastock's enterprise-level solution enables merchants to create a brand presence on eBay - then use it to increase sales, acquire new customers and accelerate inventory sales. Extrastock's powerful technology provides a seamless solution that integrates with businesses' existing technology infrastructures, including inventory databases, payment and fulfillment systems, to reduce time to market and maximize profits for online channel sales.

Extrastock's customers include Pepper Tree Wines, an award-winning Australian wine label, Scala Leathergoods, a manufacturer of premium leather products and Image Depot, one of the US's largest distributors of quality photographic supplies and accessories. For more information visit www.extrastock.com.au

About ChannelAdvisor Corporation
ChannelAdvisor Corporation provides technology and services that enable leading online retailers to maximize their products across multiple e-commerce marketplaces such as eBay, Amazon.com and Overstock.com, comparison shopping engines such as Shopping.com, Shopzilla, Nextag and Google Product Search and search engines such as Google, Yahoo! and MSN. In 2006, ChannelAdvisor managed over $1.6 billion in gross merchandise value (GMV) on behalf of its customers. ChannelAdvisor solutions combine best practices, on-demand software and integration technology to help retailers sell more products, faster, by automating labor-intensive, manual functions so they spend less time optimizing campaigns and more time solving marketing and business issues. ChannelAdvisor's customers include, GSI Commerce, Sears, Brookstone, Abebooks and Motorola. ChannelAdvisor Corporation is headquartered in Research Triangle Park, NC with offices in Seattle, the United Kingdom and Germany. For more information, visit http://www.channeladvisor.com/.