SAN MATEO, CA, October 10, 2008 — Vendio Services, Inc., provider of the leading on-demand eCommerce platform for small and medium-sized businesses, today announced it has been chosen by Silicon Valley/San Jose Business Journal as one of the "Fast 50"-a designation given to the fastest-growing private companies in Silicon Valley, as a result of its strong revenue and percentage of growth over a three-year period from 2005 to 2007.

"We are honored to have been selected as one of the "Fast 50" by the Silicon Valley/San Jose Business Journal," said Rodrigo Sales, co-founder and CEO at Vendio Services. "This award is especially important, given the competitive peer group in the Silicon Valley. It is also testament to the hard work and dedication of our entire team."

Vendio's continued success is a result of understanding and addressing the ever-changing needs of online merchants. As these merchants become more sophisticated and branch out into more and more sales channels, the applications they use to sell must rise to the challenge. It is the ability to enable business to shift from 'online seller' into 'multi-channel merchant' that drives Vendio's innovation and growth.

Vendio Services, Inc. helps merchants acquire customers and manage transactions online. Vendio has grown from one of eBay's first developer partners into an award-winning innovator across the Web's leading marketplaces, recently celebrating its fifth continuous year of profitable growth.

About Vendio
Founded in 1999, Vendio provides a suite of award-winning, affordable merchandising tools that address each phase of the e-commerce sales cycle–from inventory management to processing transactions. The company’s products and services meet both the sophisticated needs of larger merchants while also addressing and the straightforward requirements of small to medium-sized stores. Over one hundred thousand merchants use Vendio to sell more than $1 billion in merchandise each year across multiple channels, including eBay and Shopping.com. Vendio is headquartered in San Mateo, CA, with offices in Bucharest, Romania and Bangalore, India. For more information, please visit www.vendio.com.

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