 |
  |
 |
About Us | News & Events | Customers |  |
Global Solution |  |
Multicurrency Localization | International Payment | Global Logistics | Service & Returns |  |
News & Eventsdrugstore.com to Expand Sales Internationally Bellevue, WA, and New York, NY - July 28, 2008 – drugstore.com, inc. (NASDAQ:DSCM), a leading online retailer of health, beauty, vision and pharmacy products has entered into a contract to utilize E4X, Inc.’s FiftyOne Global Ecommerce Solution (www.fiftyone.com) to power the expansion of sales internationally. drugstore.com (www.drugstore.com) expects to be able to provide a wide selection of over-the-counter products to customers in 34 countries before year end. “drugstore.com is one of the top 50 online retailers in the United States, the time is right to accelerate our growth by adding international markets,” said Dawn Lepore, CEO and chairman of drugstore.com, inc. “We’re seeing increasing demand for our over-the-counter products from outside of the US and we believe the FiftyOne Global Ecommerce solution from E4X will enable a cost-effective expansion opportunity in a short period of time.” “This is an unprecedented opportunity for U.S. retailers to extend their ecommerce sites internationally, and gain access to an entirely new and previously untapped market of 500 million consumers in 34 countries,” said Michael DeSimone, Chief Executive Officer, E4X, Inc. “International shoppers are streaming to U.S. ecommerce websites to buy virtually all categories of consumer products, and for good reason. The low U.S. dollar means they’re going to save significantly--as much as 40% in some instances--even when shipping costs, import tariffs, and taxes are included.” The FiftyOne Global Ecommerce solution from E4X simplifies international ecommerce for both retailers and consumers. Shoppers visiting a retailer’s U.S. based ecommerce site from outside the U.S. are shown only the merchandise, pricing, and delivery options available in their country. Meanwhile, to the retailer, international sales are managed to look the same as any domestic sale. The FiftyOne solution addresses all aspects of an international transaction – including local country merchandising, multi-currency payments, global logistics and delivery, and post-sale customer support. This solution will enable drugstore.com to facilitate market expansion with:
About drugstore.com, inc. The drugstore.com pharmacy is certified by the National Association of Boards of Pharmacy (NABP) as a Verified Internet Pharmacy Practice Site (VIPPS) and operates in compliance with federal and state laws and regulations in the United States. About E4X, Inc. This press release contains forward-looking statements regarding future events and expectations of drugstore.com, inc. Words such as "believe," "may," "will," and similar expressions, are intended to identify forward-looking statements. Forward-looking statements are based on current expectations, are not guarantees of future performance and involve assumptions, risks, and uncertainties. Actual performance may differ materially from those contained or implied in such forward-looking statements. Risks and uncertainties that could lead to such differences could include, among other things: effects of changes in the economy, changes in consumer spending, fluctuations in the stock market, changes affecting the Internet, online retailing and advertising, changes in senior management, risks related to systems interruptions, possible governmental regulation and the ability to manage a growing business. Additional information regarding factors that potentially could affect the business, financial condition and operating results of drugstore.com, inc. is included in the company's periodic filings with the SEC on Forms 10-K, 10-Q and 8-K. drugstore.com, inc. expressly disclaims any intent or obligation to update any forward-looking statement, except as otherwise specifically stated by it. ### Media Contacts: For drugstore.com: For E4X, Inc.: Investor Relations: The Blueshirt Group for drugstore.com |
||