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Press Release


Vendio™ Launches Version 2.0 of Its Dealio™ Comparison Shopping Toolbar

Adds "Deals of The Day" Feature, Product and Merchant Ratings; Ups Convenience Factor


SAN MATEO, Calif. August 30, 2006 — Vendio™, the leading independent provider of services that empower merchants to reach consumers and manage online transactions, today announced the immediate availability of Dealio Toolbar™ 2.0, an enhanced version of its innovative and intuitive shopping toolbar (www.dealio.com). This version brings a range of new features and functionality to what was already the fastest and most comprehensive toolbar-based shopping search engine on the Web. Foremost among these is "Deals of the Day," which displays in real time the hottest discounts as they are posted to leading deal news and discussion sites covering the latest price reductions, sales promotions and other breaking bargain news. Also new are product and store ratings now displayed with Dealio search results. Further, the Dealio Toolbar has a new, improved look and feel that makes it even quicker and easier to use, and integrates more fully with the upcoming Microsoft Internet Explorer 7® Web browser.

"Dealio is about offering consumers the fastest and most convenient way to save money while shopping online, and the enhancements in version 2.0 reflect this vision," said Rodrigo Sales, CEO of Vendio. "With Dealio 2.0, we deliver the Internet's hottest bargains to our users' browsers in a timely and unobtrusive manner. These new capabilities will make online shopping faster, easier and more effective for our growing installed base of online shoppers."

Dealio's search results reflect the inventories of more than 100,000 qualified online merchants who collectively offer well over 30 million products of all kinds via the Web. The inclusion of tens of thousands of eBay listings (both traditional auction and fixed price/storefront listings) further sets Dealio apart, providing the consumer with the most complete "snapshot" of current pricing for virtually any product sold online.

New features in Dealio 2.0 include:
  • Deals of the Day: Dealio now lets users view the hottest deals on everything from laptop computers and digital cameras to apparel, books, video games, home and garden products and more, all from the toolbar itself. It does this by aggregating RSS feeds from leading deal news and discussion sites such as Dealnews, Fatwallet, Slickdeals, and Techbargains, and displaying them inside the toolbar. Now users can view the latest sales promotions, price reductions and other bargain news in real time as they are posted without having to use a separate RSS reader or checking each individual RSS feed. New deals are posted throughout the day, ensuring that users always see fresh deals as they happen.
  • Merchant and Product Ratings: Dealio's search results now include merchant and product ratings to assist Dealio users in gauging the relative quality and overall experience that other consumers have had with the product or e-tailer in question. Merchant ratings comprise buyers' feedback about their shopping experience and different dimensions of quality. Product ratings are based on user reviews.
  • Other Enhancements: The new version includes changes to Dealio's search algorithm to improve the search relevancy of automatic searches, resulting in even more accurate results. Also included in this version is a new look and feel designed to integrate more effectively with the imminent Microsoft Internet Explorer 7 release.
The Dealio Toolbar is free to consumers and quick and easy to install and use. Dealio can perform automated searches, or users can search manually by keyword. The Dealio Toolbar is not adware or spyware - it does not record consumers' individual Web movements or adversely affect system or Internet connection performance, and it does not generate pop-ups or any other advertising. Dealio is free to consumers and available for download at www.dealio.com.

About Vendio
Vendio is a leader in eCommerce, providing hosted software-as-a-service (SAAS) solutions for merchants. Vendio's consumer offering, Dealio, is one of the top Web 2.0 shopping sites providing coupons, comparison shopping, and user generated deals. Dealio is a direct descendant of Auctionwatch, Vendio’s pioneering comparison shopping search engine for auctions created in 1998. Today Dealio provides some of the best bargains and product depth of any shopping site by leveraging the thousands of stores hosted by Vendio.

Vendio was founded in January, 1999 and is the independent leader in multi-channel online sales. Each year, tens of thousands of merchants use Vendio's sales management and merchandising services to sell over $1.6 billion of merchandise on both their own branded stores as well as the Web's leading marketplaces such as eBay. Vendio is a profitable Silicon Valley startup which acquired the assets of long time competitor Andale in 2006. The company is headquartered in San Mateo, CA with offices in Bucharest, Romania and Bangalore, India. Vendio is backed by Lighthouse Capital Partners and MVC Capital.
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Vendio and Dealio are trademarks of Vendio Services, Inc. All other trademarks and registered trademarks are the property of their respective owners, without intent to infringe.

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