.: Marketworks Release: Genesis Capital :.

Marketworks Raises $7 Million in Additional Financing, New Funding to Accelerate Product Development Initiatives and International Expansion
(Atlanta, GA - June 16, 2005) Marketworks - the Atlanta-based leading provider of sales automation software and marketing services for multi-channel online selling, and eBay's (EBAY) first Certified Solution Provider, announced today it has secured an additional $7 million of equity financing. The financing was led by new Marketworks investor, Council Ventures, a Nashville-based venture capital firm focusing on companies with proven, technology-driven value propositions and strong revenue momentum. Several existing investors also participated in the round including San Francisco-based Crosslink Capital, which led Marketworks first institutional round of equity financing. "We are delighted with the confidence and excitement both our new and existing investors have demonstrated," states Marketworks President and Chief Financial Officer, Doug Hadaway. "It's a strong testament to our remarkable growth in customers and revenues, but more importantly, to our future opportunities. Over the past year, we've been developing some truly ground-breaking product functionality that will allow us to continue setting the standard for marketplace management." Marketworks has recently expanded its geographic and multi-channel capabilities, enabling merchants to quickly access millions more buyers from the Marketworks platform. "The additional financing will greatly accelerate these and other strategic initiatives currently underway," adds Hadaway.
"We are impressed by Marketworks' proven ability to help customers grow their online businesses. We believe they have the right combination of technology and marketing services to create significant value for online merchants globally," stated Gary A. Peat, Partner, Council Ventures. "We are particularly excited about the opportunities associated with global, multi-channel selling and believe that Marketworks is uniquely positioned to lead the charge," added Peat. Marketworks enables over 4,000 merchants in 37 countries to sell to hundreds of millions of shoppers across a number of online marketplaces, search engines, and shopping comparison channels from a single platform. Earlier this month the company announced its integration with Overstock.com Auctions (OSTK), further expanding its multi-channel offering. "The company has demonstrated their product delivers against the needs of the market and their execution is outstanding, commented Jim Feuille, General Partner CrossLink Capital. "We were excited about building on our previous investment in Marketworks", added Feuille. About Marketworks: Marketworks is a leading provider of sales automation software and marketing services for multi-channel online selling. As eBay's first and largest Certified Solution Provider, and with an international presence in six countries, Marketworks is committed to driving customers' sales and profits by eliminating operational, channel and geographic barriers associated with selling online. For further information on the Atlanta-based company, please go to www.marketworks.com. About Council Ventures: Council Ventures is a venture capital firm founded in July 2000 and headquartered in Nashville, TN. In working towards its mission of creating great returns, Council Ventures and the Council Ventures' CEO Council provide a balanced mix of traditional venture capital experience needed to analyze opportunities and structure deals and, with the Council Ventures CEO Council, senior executive operating experience needed to help portfolio companies to grow. For more information, visit www.councilventures.com. About Crosslink Capital: Since 1989, Crosslink Capital, headquartered in San Francisco, California, has invested in growth equities through venture capital, hedge funds and crossover funds. The current venture fund (the firm's fourth) is a $240 million fund formed in 2000. Currently, its venture investing activities are focused on the software, core technology/semiconductor and business services industries. Crosslink invests in very early, seed stage financings all the way through later-stage private opportunities and into the public market. This strategy allows Crosslink to remain a long-term partner to its portfolio companies. Crosslink Capital was the first venture capital firm in the U.S. to integrate public and private technology investing. To learn more about Crosslink Capital visit www.crosslinkcapital.com.