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
clients 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 ChannelAdvisor Corporation
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. Our
solutions combine best practices, innovative software applications and
integration technology to dramatically accelerate marketplace performance.
ChannelAdvisor`s customers and strategic alliances include IBM, Dell,
Sears, Motorola, Ingram Micro, West Marine, Omaha Steaks, eBay, Yahoo! and
Amazon Auctions. ChannelAdvisor Corporation is headquartered in Research
Triangle Park, NC. For more information visit
channeladvisor.com.
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 clients 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
Ashley Trotter
Public Relations Manager
ChannelAdvisor Corporation
5001 Hospitality Court | Suite 100
Morrisville | North Carolina | 27560
919.465.3541
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