SPS Commerce Announces Date of Third Quarter 2010 Financial Results and Extension of Lock-Up Period
MINNEAPOLIS, Oct 12, 2010 (GlobeNewswire via COMTEX News Network) -- SPS Commerce (Nasdaq:SPSC), a leading provider of on-demand supply chain management solutions, today announced that it will issue its financial results for the third quarter ended September 30, 2010 after the market close on Thursday, October 28, 2010. SPS Commerce will host a call to discuss the results at 3:15 p.m. Central Time (4:15 p.m. Eastern Time) on the same day.
To access the call, please dial (877) 312-7508, or outside the U.S. (253) 237-1184, at least five minutes prior to the 3:15 p.m. CT start time. A live webcast of the call will also be available at www.investors.spscommerce.com under the Events and Presentations menu. An audio replay will be available between 6:30 p.m. CT October 28, 2010 and 10:59 p.m. CT November 11, 2010 by calling (800) 642-1687 or (706) 645-9291, with Conference ID 16024652. The replay will also be available on our website at www.investors.spscommerce.com.
Automatic Extension of Lock-Up Period
SPS Commerce also announced that the lock-up agreements entered into with its underwriters in conjunction with its initial public offering will automatically be extended 18 days beyond the Company's October 28, 2010 earnings release. The lock-up period was originally due to expire on October 19, however, the Company's underwriting agreement provided for an automatic extension, depending on the timing of SPS Commerce's quarterly earnings press release. Therefore, the first sales of shares restricted by the underwriter's lock-up may now take place on Monday, November 15, 2010.
About SPS Commerce
SPS Commerce is a leading provider of on-demand supply chain management solutions, providing integration, collaboration, connectivity, visibility and data analytics to thousands of customers worldwide. We deliver our solutions over the Internet using a Software-as-a-Service model to improve the way suppliers, retailers, distributors and other customers manage and fulfill orders. Our SPSCommerce.net platform features pre-built integrations used by current and new customers alike, spanning 2,700 order management models across 1,300 retailers, grocers and distributors, as well as integrations to over 100 accounting, warehouse management, enterprise resource planning, and packing and shipping applications. More than 35,000 customers across more than 40 countries have used SPSCommerce.net, making it one of the largest trading partner integration centers. SPS Commerce has 38 consecutive quarters of increased revenues and is headquartered in Minneapolis. For additional information, please contact SPS Commerce at 866-245-8100 or visit www.spscommerce.com.
SPS Commerce is a registered trademark of SPS Commerce, Inc. SPSCommerce.net and the SPS Commerce logo are the property of SPS Commerce, Inc. All other names and trademarks are the property of their respective holders.
The SPS Commerce logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7184
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SOURCE: SPS Commerce
CONTACT: The Blueshirt Group Investor Relations Todd Friedman todd@blueshirtgroup.com Stacie Bosinoff stacie@blueshirtgroup.com 415-217-7721 SPS Commerce Kay Rindels 866-245-8100 krindels@spscommerce.com PAN Communications Kim Baker 978-474-1900 spscommerce@pancomm.com
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