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| "The application they provided for us and their service are fantastic." |
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| Ross Appenzeller - XL Aerospace |
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Customers On Warp 9 E-Commerce Platform Capture Double Digit Growth Despite Recession
Warp 9 Re-signs 3 Customers; Sees Stronger Product Interest in Sales Pipeline
September 10, 2009 -- Santa Barbara, CA -- Warp 9, Inc. (OTCBB: WNYN), the premier provider of robust e-commerce platforms and services, today announces the re-signing of three catalogers on the Warp 9 Internet Commerce System (ICS) platform: ShapeFX (a Spiegel Brand), CTA, and Forplay Catalog.
"These catalogers and other clients on our platform are experiencing double digit growth during a time when many of their competitors are seeing a dramatic downturn in their businesses. Warp 9's Software as a Service ("SaaS") model and robust feature set -- which is constantly augmented to keep our client's competitive -- is clearly working for our growing customer base. The Warp 9 ICS, along with the professional expertise we offer in marketing consultation, graphic design, and software engineering services, is a great platform for retailers to grow sales and increase customer acquisition without having to deal with the complexity of multiple vendors and the associated high cost and difficulty of integrating those solutions," commented Warp 9's CEO.
According to the U.S. Department of Commerce and the Internet audience measurement company comScore Inc. internet retailers' sales were down 3% to 8% for Q2 2009 compared to Q2 2008.
| 2009 Q2 Year-Over-Year Internet Retailer Sales | | |
| | | U.S. Internet Retailers As A Group | | |  | Down
3%-8% | | | | |
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| | | Warp 9 Customers | | |  | Up
20%+ | | | | |
| | | | Source: Department of Commerce and the Internet audience measurement company comScore Inc. |
Many Warp 9 customers experienced over 20% growth for the same period. Additionally Warp 9's customers have seen: - Consistent growth in sales revenue and site conversion metrics
- Greatly increased page exposure with search engines
- Significant growth in natural search (SEO) driven sales and traffic
"The Warp 9 ICS' open platform architecture allows us to integrate best-of-breed technologies. We constantly strive to partner with our customers and bring them the most relevant tools and advice to help them achieve their goals. Having an advanced e-commerce platform with features that provide a competitive advantage helps our clients consistently grow their businesses -- even despite harsh economic conditions," concluded Warp 9's CEO.
Warp 9 powers some of the most successful e-commerce websites for retailers such as www.magellans.com, Craft Supplies USA flagship site www.woodturnerscatalog.com, Lehman's www.lehmans.com, and Spiegel Brands' www.shapefx.com.
About WARP 9
Warp 9, Inc. is the premier provider of robust e-commerce platforms and services for the catalog and retail industry. Its comprehensive and scalable suite of software platforms are designed to help online retailers maximize the Internet channel by applying Warp 9's advanced technologies for online catalogs, e-mail marketing campaigns, and interactive visual merchandising. With a proven track record and years of experience in the industry, Warp 9 helps businesses leverage the Internet channel to lower costs and increase sales. Offered on a fully managed software-as-a-service model, Warp 9 products allow customers to focus on their core business, rather than technical implementations.
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Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.
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