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Press Releases Monday, February 21, 2005   
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CHANNELADVISOR LAUNCHES INTO EUROPEAN MARKET: OPENS OFFICE IN UNITED KINGDOM

European Expansion brings ChannelAdvisor Solutions® to the International Market; Announces Country Manager and Several New Customers

Research Triangle Park, NC– February 21, 2005 – ChannelAdvisor, the leading provider of channel management solutions (CMS), announced today the opening of its new office in the United Kingdom and have signed up several top eBay (NASDAQ: EBAY) sellers. Reflecting the increasing global demand for online channel management solutions, the UK office enables ChannelAdvisor to increase its level of service to businesses of all sizes and eBay sellers in the United Kingdom and France. In addition, ChannelAdvisor has named Elias Moubayed as ChannelAdvisor’s country manager for the United Kingdom and France.

The following customers are using ChannelAdvisor to automate their business and sell their products in Europe and the United Kingdom. The new customers include:
• Happy Crocodiles is a sporting goods seller that specializes in selling name brand bicycles. You can find their products on eBay UK under the seller id ‘sterlinghouseuk’.
• Rock Bottom Golf is the top eBay discount golf retailer that offers a wide variety of name brand golf merchandise including Callaway, Mizuno, Adams, Wilson, Taylor Made, Nike and more. You can find their products on eBay UK under the seller id ‘rockbottomgolf’.
• PCFreemarket is a top seller who provides the best deals in computer hardware selling products such as computers, scanners, printers, modems and PDAs. You can find their products on eBay France under the seller id ‘pcfreemarket’.
• Scovic Ltd. is a top seller of digital cameras, computer components and accessories. Their products can be found on eBay UK under the seller id ‘scovic33’.

ChannelAdvisor has successfully developed its channel management software in the US with a suite of products and is now focusing on rolling out their product line in the United Kingdom, France and Germany to meet the needs of the European market. ChannelAdvisor opened its UK office to provide better support to its multinational clients and to meet the growing demand for channel management software in Europe.

“Due to the increasing demand from small to Global 2000 businesses for our solutions globally, ChannelAdvisor is taking important steps to broaden our geographic reach,” says Scot Wingo, Chief Executive Officer and President of ChannelAdvisor. “By establishing our first international presence in the United Kingdom, ChannelAdvisor is now poised to bring its channel management software and services to the growing international market.”

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 throughout the product lifecycle. Our solutions combine best practices, innovative software applications and integration technology to dramatically accelerate marketplace performance. ChannelAdvisor`s clients and strategic alliances include IBM, Best Buy, Sears, Motorola, eBay, Overstock.com Auctions, Yahoo! and Amazon.com. ChannelAdvisor Corporation is headquartered in Research Triangle Park, NC. For more information, visit http://www.channeladvisor.com/ or call 866-264-8594.

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