PRESS RELEASES

Mercado Hires Retail Industry Veteran Michael Klein to Lead its Growing Merchandising Consulting Practice

Team expansion and development of new programs underscore company's commitment to innovation in eCommerce merchandising.

PLEASANTON, CA, March 12, 2008 - Mercado, a leading eCommerce solution provider, today announced the hiring of Michael Klein in the role of Director of Worldwide Merchandising Consulting to head up its growing team of online merchandising specialists.

Michael brings to Mercado more than a decade of retail, direct marketing and consulting experience, working for companies like Harry & David, eLuxury.com, Wine.com and Discovery Channel Stores. Most recently he worked as an independent merchandising consultant with clients such as Cosentino Winery, where he was able to combine his two biggest passions.

Over the past three years, Mercado has dramatically grown its merchandising consulting services team and offering, working closely with more than one hundred retailers to execute their online merchandising programs. In 2007, Mercado introduced its Red Carpet on-site merchandising program and currently has merchandising specialists placed within leading brand multi-channel retailers. Mercado has plans to continue to grow its suite of merchandising services and education, including the soon-to-be launched eMerchandising University – a Web-based training program for its on-demand customers.

"I'm extremely excited to be joining Mercado – a company dedicated to helping online retailers be successful," said Klein. "I'm a merchant at heart, and I'm looking forward to working with Mercado's great people and technology to develop new and creative merchandising techniques, and innovative approaches to online selling that go beyond the bounds of merchandising as we see it today."

"We enthusiastically welcome Michael to Mercado, and are excited to introduce him to our customers," said David Leibow, Vice President of Worldwide Professional Services at Mercado. "Michael brings years of real-world merchandising experience, plus a passion for eCommerce and technology – a combination that will enhance our customers' success as well as the growth and creativity of Mercado's industry-leading offerings."

About Mercado

Mercado is a leading eCommerce solution provider, offering site search & navigation, merchandising and storefront solutions to more than 200 multi-channel, pure-play & SMB Internet retail and B2B eCommerce brands in the United States, Canada and Europe. Mercado enables a rich shopping experience and equips eCommerce professionals with a powerful platform on which to execute merchandising strategies and ignite revenue growth. As a result of deploying Mercado's software and on-demand solutions, online retailers commonly realize immediate and significant conversion rate and average order value (AOV) increases. Macy's, Overstock.com, Ted Baker, Williams-Sonoma Inc., Sears Holdings Corp., Charles Tyrwhitt, OfficeMax, GUESS?, Inc., REI, and B&H Photo-Video are some of the online businesses who have partnered with Mercado.

Contacts

Mark Shapiro
Mercado PR Department
(858) 578-7861
press@mercado.com