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SHOP.COM Named 2006 Retail Systems Achievement Award Finalist

Posted on: Thursday, 27 April 2006, 12:00 CDT

SHOP.COM, the destination online marketplace where consumers enjoy one-stop shopping from thousands of trusted brands using a single account, today announced that the company has been named a 2006 Retail Systems Achievement Award Finalist. SHOP.COM, one of only three finalists in the Best in IT/Business Alignment category, leverages BSM software from ProactiveNet that enables SHOP.COM's operations team to proactively find and fix developing IT glitches before site performance is impacted.

"SHOP.COM's continued successful traffic growth has led to a dramatic increase in the number of merchants, brands and products available to our shoppers -- with one cart, consumers can now shop from among more than 1,600 trusted merchants. As a result, more and more shoppers are becoming satisfied buyers," said Bruce Sellers, SHOP.COM president. "This recognition from Retail Systems Group is important. It gives our current and prospective merchant-partners the confidence to know that they're partnering with a company with a rock solid engineering team and IT infrastructure that can easily handle exponential growth in online shopping transactions and continue to delight their customers."

The 8th Annual Retail Systems Achievement Awards ceremony, to take place Tuesday May 23rd in Chicago during the Retail Systems Conference, will honor outstanding examples of systems and innovative applications that have resulted in more effective customer service and improved business processes. The awards recognize individuals and companies whose efforts and company-wide dedication to information technology and effective business processes have raised standards throughout the industry. The award category Best in IT/Business Alignment will be presented to a retailer or consulting firm that has used innovative management or technology practices to successfully couple systems development in concert with new strategic directions.

The appeal of the SHOP.COM marketplace to merchants is its highly-efficient and merchant-friendly CPO (cost-per-order) business model. Unlike the less predictable CPC and CPM (cost-per-click and cost-per-impression) models where merchants invest to drive traffic to their own sites in an effort to convert traffic to sales, SHOP.COM delivers incremental completed orders to participating merchants for fulfillment. Merchants pay a pre-negotiated commission for each order they receive, and enjoy the full value of any subsequent orders those customers might place directly with the merchant.

"We're extremely pleased with the success that SHOP.COM continues to enjoy," said Ajay Singh, president and CEO of ProactiveNet. "With their innovative approach to business and utilization of information technology, the company is truly deserving of the positive recognition it garners."

About SHOP.COM

SHOP.COM is the destination online marketplace designed to help consumers more conveniently and efficiently shop on the web. SHOP.COM organizes millions of products from more than a thousand merchants in a single location, allowing consumers to shop and buy across them all -- start to finish -- with one personal password-protected account. SHOP.COM is a privately-held company headquartered in Monterey, Calif. For more information, visit the company's website at www.SHOP.COM.

About ProactiveNet

ProactiveNet, Inc. is the "Time-to-Value" leader in Business Services Management software solutions for Global 2000 and leading e-commerce companies. The company's end-to-end solutions deliver unique capabilities to customers with requirements to align IT services to business priorities, seamlessly link business process performance to IT service and infrastructure behaviors, and maximize IT's value to the business. Achieving value within weeks, ProactiveNet customers measurably improve the availability and performance of IT services, reduce SLA non-compliance, and shorten problem resolution time, while streamlining IT operations and reducing costs.

ProactiveNet customers include E*TRADE FINANCIAL, Hoover's Online, MoneyGram, and McKesson. ProactiveNet delivers key capabilities to companies implementing ITIL best practices and has been offering end-to-end business and IT services management solutions since 1997. The company is headquartered in Santa Clara, California with international offices in India and the UK. For more information about ProactiveNet, visit www.proactivenet.com and download customer ROI studies, or call (877) 277-6686.

About Retail Systems Achievement Awards:

The Retail Systems Achievement Awards are presented by Chain Store Age and Retail Systems Alert Group. The Retail Systems Achievement Awards are a part of the S.T.A.R. Awards, which bring together two prestigious industry awards programs -- The Retail Systems Achievement Awards and the WWDEXECTECH 2006 CIO Awards (presented by Women's Wear Daily ad RILA). These annual awards pay tribute to the extraordinary achievements of both successful organizations and individuals within the retail industry. For more information, please visit http://www.retailsystems.com.

 Press Contacts: SHOP.COM Catherine Norman 415.407.5151 Contact via http://www.marketwire.com/mw/emailprcntct?id=ED0E2D982DB9CFB7  ProactiveNet, Inc. Jim Azevedo 408.454.4514 Contact via http://www.marketwire.com/mw/emailprcntct?id=FFA63B76FFC95155  

SOURCE: ProactiveNet

Source: MARKET WIRE

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