ORLANDO – March 20, 2007 – Channel Intelligence (CI), a leader in technology innovation for Web-initiated commerce, today announced the promotion of three vice presidents and the continued expansion of its staff as a key component of the company’s planned growth following funding obtained in late 2006.

CI accessed internal leadership resources to head up the company’s growing organizations, promoting the following leaders to vice president positions: Steven Roth to Vice President of Product Management, Shawn Seipler to Vice President of Retail Sales, and Shailesh Adhav to Vice President of Sales Americas/EMEA – Manufacturing.

“We’re experiencing phenomenal growth, and I’m delighted to be at the helm of the product management team with its aggressive lineup of exciting, cutting-edge products planned for release this year,” commented Steven Roth, vice president of the Product Management Group. “The rapid growth of our Product Management team allows CI to remain close to our customers and markets as we identify and deliver new innovative solutions.”

“Expanding our leadership in our sales and product organizations is essential to driving our market share and bringing our solutions to more organizations that can benefit from them,” noted Lanny Tucker, Senior Vice President of Sales and Marketing. “As we continue to grow rapidly, our key staff members are fulfilling critical roles and developing our base of talented resources to support our foundation of technological innovation in e-commerce.”

CI continues toward its goal of doubling staff in 2007, achieving a 35 percent increase in staff to date. Key areas planned for ongoing growth include product management/engineering, sales/marketing, finance/administration, and operations/client support.

About Channel Intelligence

Based in Orlando, Florida, with offices in Geneva, Switzerland, Channel Intelligence is a leading provider of innovative data solutions that make it easy for online shoppers to find and buy products whether they start at retailer sites, manufacturer sites or destination shopping sites. CI’s patented optimization technology and data solutions currently manage and syndicate over $3 billion in product value to over 50 destinations every day. CI customers include nearly 200 of the best known retail and manufacturing brands such as Best Buy, Baby Universe, Black & Decker, Canon, Circuit City, Electronic Arts, eToys Direct, Fujifilm, HP Home and Home Office, ICE.com, Idea Forest (Joann.com), LG Electronics, Northern Tool + Equipment, Neiman Marcus Group, Olympus, Panasonic, PC Mall, PETCO, Smart Bargains, Target, The Inside Store and Things Remembered. CI is an ICG (Nasdaq: ICGE) partner company based in Orlando, Florida, with offices in Geneva, Switzerland. For more information, visit the company’s website at http://www.channelintelligence.com.

Joy Lee
Channel Intelligence, Inc.

# # #

Published on: 12:00AM on 20th March 2007