Press Releases Jun 05, 2008

Shutterfly Again Scored in Top 100 on Internet Retailer 500 List

REDWOOD CITY, Calif., Jun 05, 2008 (BUSINESS WIRE) — Shutterfly, Inc. (NASDAQ:SFLY), the leading Internet-based social expression and personal publishing service, today announced that it has been ranked 76 on the Internet Retailer 500, the definitive listing of America’s largest e-tailers. Shutterfly ranked number 5 in the Specialty/Non-apparel retailer category and was among the top five scores for customer satisfaction.

Shutterfly’s rank increased to 76 from 93 in 2007 based on total net revenues of $186.7 million. Net revenue was up 51% from 2006, helping propel Shutterfly forward in the rankings. In related research from ForeSee Results, Shutterfly received one of the top five scores for customer satisfaction among the Internet Retailer Top 100, alongside companies such as Amazon, QVC and Apple.

“We’re extremely proud of our ranking on this year’s Internet Retailer 500 because it highlights the incredible growth we experienced in 2007 while continuing to surprise and delight our customers,” said Jeffrey Housenbold, president and chief executive officer of Shutterfly. “As more customers come to Shutterfly to share their stories with us and each other, we will continue to provide a simple yet flexible experience that exceeds their expectations.”

“Shutterfly’s rise in the Internet Retailer 500 rankings is confirmation that the company’s singular focus on delivering an industry-leading online retail experience is paying dividends,” said Kurt Peters, editor in chief of Internet Retailer. “The company continues to harness the Internet to deliver innovations in personal publishing that were near-inconceivable in the past, and grow a profitable retail business in the process.”

CEO Jeffrey Housenbold will also present at the Internet Retailer 2008 Conference and Exhibition in Chicago on June 11, 2008. Mr. Housenbold will address “The Internet’s new made-for-me markets,” in a session that begins at 9 a.m.

Internet Retailer’s definitive ranking and analysis of America’s 500 largest e-retailers is based on annual 2007 Internet sales, researched by Internet Retailer and confirmed by retailers. This report includes company financial, operational and performance data, as well as vendors in 18 key categories.

About Internet Retailer

Published by Chicago-based Vertical Web Media LLC, Internet Retailer is a monthly national business magazine, web site conference and directory that serve the retailing community. The Internet Retailer family of products focuses on the Internet’s vital role in a wide array of retailing activities, including web merchandising, supply chain management and multi-channel integration. Its 40,000+ subscribers are senior executives primarily from retail chains, independent stores, catalogs, virtual merchants and brand name manufacturers. Internet Retailer’s circulation represents the largest multi-channel readership base of any retailing magazine. The magazine also publishes the most widely read e-mail newsletter in retailing, IRNewsLink, which is distributed twice-weekly to 35,000 opt-in subscribers, operates the largest retailing information web site,, sponsors the largest conference in the e-retailing industry and publishes an annual ranking of the 500 largest web sites.

About Shutterfly

Founded in 1999, Shutterfly, Inc. is an Internet-based social expression and personal publishing service. Shutterfly provides high quality products and world class services that make it easy, convenient and fun for consumers to preserve their digital photos in a creative and thoughtful manner. Shutterfly’s flagship product is its award-winning Photo Book line, which helps consumers celebrate memories and tell their stories in professionally bound coffee table books. More information about Shutterfly (NASDAQ:SFLY) is available at Shutterfly and are trademarks of Shutterfly, Inc.

SOURCE: Shutterfly, Inc.

Shutterfly, Inc.
Media Relations:
Gretchen Sloan, 650-610-5276

Copyright Business Wire 2008

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