Vendio Press Release - May 12, 2005

Vendio Launches New Web Hosting Service

Expands to new market, leverages its experience providing cost effective, scalable online solutions

SAN BRUNO, Calif. May 12, 2005 — Vendio, a leading provider of sales management and merchandising services for online sellers, expanded its service platform today by launching Vendio Web Hosting (www.vendioweb.com). A recent survey conducted by Vendio showed that nearly 50% of its sellers are looking to build upon their success in online marketplaces by creating branded stores from which they can sell through multiple online channels. Vendio's entrance into the shared hosting market answers this anticipated need, while positioning the company to take advantage of a new market opportunity. The new service further leverages Vendio's extensive knowledge of cost effective, reliable, and scalable online solutions as they enter the large and growing market for general hosted applications.

"Since 1998, Vendio has provided services to help hundreds of thousands of merchants successfully build businesses on eBay and other marketplaces," said Rodrigo Sales, CEO of Vendio. "Over that time, we have built our brand as a leading provider of reliable and affordable services that have scaled with the growth of our customers businesses. With Vendio Web Hosting, we are extending Vendio's services to meet the growing demands of online merchants and all individuals and businesses who require an affordable and trusted partner to host their online presence, content or service."

Vendio offers a selection of personal and business plans designed to give individuals and small businesses a simple and affordable solution to serve any of their online needs—from file and photo sharing, to online applications and information, to complete websites and online stores. Plans start as low as $3.95 per month, with up to 4 GB of storage, 100 GB of traffic, unlimited email, and eCommerce available. Customers who sign up for a 12 or 24-month plan receive a free domain and account setup, and all plans come with a satisfaction guarantee.

Vendio will apply its online services expertise to continue developing additional applications that enhance the Web Hosting platform. These services will make creating and maintaining websites and online content easier for all users, including those with limited or no knowledge of HTML. For merchants using Vendio's services to sell online, Vendio will also integrate custom stores in the Web Hosting environment with its leading online sales management service, Sales Manager Inventory Edition (SMIE). This integration will enable online merchants to make their goods available for sale wherever buyers may be shopping online with the convenience Vendio already offers marketplace sellers. Through one central inventory, checkout, and post sale management and communication system, sellers will be able to leverage marketplaces like eBay, Yahoo, and Amazon, as well as search engines like Google, and comparison shopping sites. The combined strengths of SMIE and Vendio Web Hosting will provide more sales opportunities for small businesses with a minimal investment of their precious time and resources.

About Vendio

Founded in 1999, Vendio Services, Inc. (www.vendio.com) helps small to medium-sized merchants (SMM's) succeed by offering them an integrated solution to manage their sales seamlessly and cost-effectively across multiple online sales channels including their online store, Amazon.com, eBay, Google, Shopzilla, and more. Each year over 80,000 merchants use Vendio's award winning multi-channel platform and applications to sell nearly $2 billion in merchandise. The company also operates Dealio (www.dealio.com), a shopping and coupons site for consumers. Vendio is headquartered in San Mateo, California with a development office in Romania.