ECOST.COM, INC.

Nov 10, 2005 (BUSINESS WIRE) -- PFSweb, Inc. (Nasdaq: PFSW), a global provider of integrated business process outsourcing (BPO) solutions, and eCOST.com (Nasdaq: ECST), a leading online discount retailer, announced today they have entered into a non-binding Letter Of Intent (LOI) for the merger of PFSweb and eCOST.com. Under the terms of the proposed merger, PFSweb will issue to eCOST.com shareholders one PFSweb common share for each outstanding share of eCOST.com in a tax-free, share-for-share transaction. As a result, eCOST.com will become a wholly owned subsidiary of PFSweb. For the trailing twelve months ended September 30, 2005, eCOST.com reported revenue of $192.4 million. PFSweb and eCOST.com's combined revenue for the trailing twelve months ended September 30, 2005 is $528 million. The transaction is subject to due diligence, the execution of a definitive agreement, the approval of the respective Boards of Directors and shareholders of each company and other customary conditions. PFSweb, known as "the brand behind the brand," currently warehouses, manages and fulfills more than $1.6 billion annually in merchandise and transactions for its clients from distribution facilities located worldwide

PFSWEB, ECOST.COM: COMBINED REV FOR TRAILING 12 MOS IS $528M 4:15 PM PFSWEB, ECOST.COM TO MERGE IN STOCK TRANSACTION 4:14 PM PFSWEB, ECOST.COM INK LETTER OF INTENT TO MERGE 4:12 PM ECOST.COM TO BECOME SUBSIDIARY OF PFSWEB 4:13 PM