PFSweb to Present at Needham Growth Conference Jan 12 Leading Growth Companies and Institutional I


January 12, 2005 -- PFSweb, Inc. (NASDAQ: PFSW), a global provider of integrated business process outsourcing solutions (BPO), will present at the Seventh Annual Needham Growth Conference at the New York Palace Hotel, Jan. 11-14. The event, considered one of the largest and most prominent emerging growth technology conferences in the United States, is expected to attract about 1,500 institutional attendees during the four-day program.

PFSweb, which provides web commerce, customer relationship management, order management, fulfillment, logistics, transportation and supply chain management solutions, will present at 11:30 a.m. Eastern time on Wednesday, Jan. 12. Mark Layton, chief executive officer, and Tom Madden, chief financial officer, will present PFSweb's business and financial overview and discuss the company's progress, including the company's strong revenue growth, new client additions and recent consecutive profitable quarters.

Needham & Company, Inc., a privately held, full service investment bank based in New York City, specializes in technology and biotechnology/life sciences. The firm, which also has offices in Boston, MA; Menlo Park and San Francisco, CA, also provides institutional sales and trading, asset management and venture capital services. Needham's research department ranked Seventh Overall in the Wall Street Journal's "Best on the Street" 2004 survey.

More than 20 industry sectors are expected to be represented, including applications software, business services, customer relationship management, medical technology, semiconductor and wireless. Managers will discuss recent advances, strategic missions, trends and investment potential in their companies.

"This event will show our support and strong commitment to helping entrepreneurs build better companies," said George Needham, chairman and CEO of Needham & Company. "Hopefully, it will provide more than 1,500 of the nation's money and portfolio managers focused on growth and technology with an incisive look into various sectors for 2005."

Conference attendance is by invitation only for investors and companies. Members of the media interested in attending may contact Ingrid Rodriguez at e-mail protected from spam bots or 212-705-0384.

PFSweb, known as "the brand behind the brandSM," supports both B2B and B2C initiatives on behalf of Fortune 1000 and global brand name clients in a wide array of industries, from technology manufacturers to direct marketers. Clients include Adaptec (NASDAQ: ADPT), CHiA'SSO, FLAVIA Beverage Systems, Hewlett-Packard (NYSE: HPQ), iGo/Mobility Electronics (NASDAQ: MOBE), International Business Machines (NYSE: IBM), Nokia (NYSE: NOK), Pfizer, Inc. (NYSE: PFE), Raytheon Aircraft Company, Ren Furterer USA, Roots, Inc., Smithsonian Institution and Xerox (NYSE: XRX), among others.

About Needham & Company, Inc.
Principle activities are public and private financings; corporate finance advisory services, including mergers, acquisitions and divestitures; equity research; sales and trading primarily for institutional investors; and asset management through public and private funds. Since its founding in 1985, the firm has acted as lead or co-manager in more than 450 public offerings -- including 145 IPOs, raising in excess of $25 billion -- and as placement agent in more than 55 private offerings. (www.needhamco.com/)
   
PFSweb, Inc.
When the world's brand names need proven, fast and secure business infrastructure to enable traditional and e-commerce strategies, they choose PFSweb for comprehensive outsourcing solutions. The PFSweb team of experts designs diverse solutions for clients around a flexible core business infrastructure. PFSweb provides solutions that include: professional consulting services, order management, web-enabled customer contact centers, customer relationship management, international distribution services, kitting and assembly services, managed web hosting and site design, billing and collection services and ERP information interfacing utilizing the Entente Suite (SM).

To find out more about PFSweb, Inc. (NASDAQ: PFSW), visit our website at www.pfsweb.com.

This release can be found at the company Web site -- www.pfsweb.com -- which is not a part of this release. PFSweb is a registered trademark All rights reserved.
    
The matters discussed in this news release, particularly information regarding future revenue, earnings, business plans and goals, consist of forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are subject to and involve risks and uncertainties, which could cause actual results to differ materially from the forward-looking information. Such statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. These statements are based on assumptions and estimates that management believes are reasonable based on currently available information; however, management's assumptions and the Company's future performance are both subject to a wide range of business risks and uncertainties, and there is no assurance that these goals and projections can or will be met. Any number of factors could cause actual results to differ materially. The Company undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking information contained herein is subject to the risk factors and uncertainties described in the Company's filings with the Securities and Exchange Commission, which risk factors and uncertainties are incorporated by this reference as though fully set forth herein.

Contact: Mark C. Layton,Senior Partner and Chief Executive Officer
or Thomas J. Madden, Senior Partner and Chief Financial Officer
(972) 881-2900
OR
Preston F. Kirk, APR
Senior Associate-IR & PR
Michael A. Burns & Associates
Austin, Texas
(830) 693-4447; e-mail protected from spam bots




PFSweb to Present at Needham Growth Conference Jan 12 Leading Growth Companies and Institutional I



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