Geneva, Switzerland - 7 June, 2007 – Channel Intelligence (CI) announced today the addition of two new European staff members, Niall O’Gorman and Richard Fenn, to serve the growing demand in Europe for its innovative data solutions helping retailers, manufacturers, and publishers reach online shoppers through product data feed optimisation and related services to improve buyer awareness and conversions.

Niall O'Gorman, former Global eCommerce Director at Iomega, joined the company as Managing Director for CI Europe, based in Geneva. “Channel Intelligence is working with major manufacturers and retailers at the forefront of the growing online shopping sector throughout Europe,” said O’Gorman. “With an impressive client base representing market leaders like Philips, Bosch/Siemens Hausgeräte, Iomega, Epson and more, I’m looking forward to building on our existing infrastructure and driving expansion into other key markets. CI’s online shopping data services are in high demand by companies to help consumers find and buy products through their preferred channel.”

Richard Fenn, who hails from a background of new product promotion and senior account management for the Thomson Group, will be providing a base of support for CI clients in the UK as Multi-Channel Sales Manger for CI. Fenn is expected to play an instrumental role in building the growing Channel Intelligence team, providing local client support.

Shailesh Adhav, Vice President Sales for Americas & EMEA for CI, commented, “Demand for improved product data management and optimisation of shopping data is growing as more organisations are turning their attention to online marketing programmes. This applies to retailers selling direct to consumers, manufacturers who want to better manage channel partners, and publishers that syndicate and offer content for improved multi-channel shopping experiences. To continue to meet this growing demand, we expect to expand upon our existing partnerships and add several new staff members in addition to Richard and Niall to serve the European market this year.”

CI established its local European presence with an office in Geneva, Switzerland in 2005 to provide sales and marketing support for its clients operating in Western Europe. The increased recognition of the online medium as an initiation point of commerce and the ease of implementing channel sales solutions have paved the way for CI’s expanded presence in Great Britain, Germany, France, Spain, Italy, the Netherlands and most recently the Nordics.

Channel Intelligence currently serves multiple vertical markets for manufacturers, including consumer electronics, computing, consumer packaged goods, hardware and DIY industries, in addition to retailers selling products directly online. CI expects to hire additional European positions in client services, multi-channel sales, account managers, programme management, and business development in 2007.

About Channel Intelligence
Powered by the patented CommerceIQ™ technology platform, Channel Intelligence (CI) web-initiated commerce solutions make it easy for online shoppers to find and buy products whether they start at retailer sites, manufacturer sites, destination shopping sites, or mobile shopping applications. Using a series of robust data optimisation techniques offered through the CommerceIQ platform, CI significantly improves the quality of product data and the placement of products on the Internet. Every day CI manages and syndicates millions of products valued at over $3 billion dollars through its three primary services – SellPath® Manufacturer Solutions, SellCast™ Retailer Solutions, and SellCore™ Publisher Solutions. CI customers include hundreds of the world’s best known brands including Best Buy, Black & Decker, Canon, Circuit City, Epson, Fujifilm, Iomega, Kodak, LG Electronics, Mitsubishi, Neiman Marcus Group, OfficeMax, Olympus, Palm, Panasonic, PETCO, Skechers, Spiegel, The Stanley Works, Target, and UK Digital Cameras. Channel Intelligence (www.channelintelligence.com), a partner company of Internet Capital Group (Nasdaq: ICGE), is based in Orlando, FL, with offices in Europe.

Contact:
Shailesh ADHAV, Vice President Sales
Americas & EMEA - Manufacturing
Channel Intelligence
+41 (0)79 824 5649 Europe Mobile
+1 407 704 9518 US Mobile
shailesh.adhav@channelintelligence.com

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Published on: 12:00AM on 7th June 2007