ChannelAdvisor Integrates ChannelAdvisor Merchant with Netsuite as Part of the Netflex Applications Program

Research Triangle Park, NC and san Mateo , Calif., January 12, 2006 – ChannelAdvisor today announced that it has become one of the inaugural partners of NetSuite’s NetFlex Applications Program. ChannelAdvisor has extended NetSuite’s One System Architecture with new capabilities to meet the needs of eBay’s top merchants. The NetFlex Application platform goes beyond other on-demand development environments by being the first to allow third-party applications to integrate rich transaction data – orders, inventory, invoices and shipments – with their own applications. For more information about the NetFlex Applications Program, go to www.netsuite.com/NetfFlexapps.

NetSuite’s order management, inventory management, shipping management, payroll and financial data are the lifeblood of most companies, and now such data can be accessed for new Web services-based applications, including ChannelAdvisor’s technology that caters to the E-Commerce industry. Because NetSuite holds the most important data of a company, the applications that are built on NetSuite using NetFlex are much more powerful and business critical. For example, the ChannelAdvisor NetSuite connector built on NetFlex not only enables the transmission of inventory and order information, but also does so in real-time without cumbersome, error-prone and manual file import/exports.

ChannelAdvisor provides technology and services that enable industry-leading retailers and manufactures to sell their products across multiple online marketplaces such as eBay, Amazon.com, Overstock.com, comparison shopping engines such as Shopping.com, Shopzilla, Nextag, Froogle and search engines such as Google and Yahoo! ChannelAdvisor processes over $90 million per month (more than $1 billion per year) in gross merchandise volume on behalf of its customers.

“NetSuite helps a company manage its core back-office/ front-office processes. The NetFlex Applications Program allows third-parties to leverage this ‘system of record’ to extend NetSuite into a host of important applications,” said Zach Nelson, CEO of NetSuite. “ChannelAdvisor has brought E-Commerce capabilities by allowing NetSuite customers to link to key marketplaces and comparison shopping sites such as eBay, Google’s Froogle, Shopzilla, and NexTag on the Internet today. This provides our customers with increased distribution channels and hence the ability to grow revenues.”

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/.