Andale Unveils Research Pro, Providing Market Intelligence for the High Volume eBay Sellers

The latest in Andale's innovative new Pro suite of downloadable products.

MOUNTAIN VIEW, CA, -- May 18, 2004 - Andale, Inc. (app.vendio.com), the leading provider of eBay market intelligence and auction management services to more than 1.5 million online sellers worldwide, today announced the launch of its latest Andale Market Intelligence product - Research Pro. This patent-pending product is a downloadable application that provides market research to high-volume sellers sell on eBay.

Andale Research, powered by Andale's proprietary Market Intelligence technology, uses closed eBay auction data to provide users with unparalleled information and intelligence on the eBay marketplace. This research tool for high volume sellers is the first one of its kind, and provides businesses looking at eBay as a potential high-volume sales channel with detailed market information. These sellers are able to research a wide range of inventory items at the same time.

Andale Research Pro is a Microsoft Excel plug-in that's easy to download and appears as an additional menu option in a user's existing Excel Toolbar. It is a downloadable client version of Andale's most popular Research products.

With Research Pro, users get average sale price, conversion rate, number of listings and other selling information along with eBay specific selling recommendations for multiple products in a single query. By using keywords, ISBN or UPC information, sellers can get research thousands of items in their inventory with just a few clicks.

The company's patent pending "Market Intelligence" TM technology is at the core of Andale Research Pro. This technology combines proprietary information sources with other Andale intellectual property to aggregate, organize, and analyze tens of billions of dollars in product sales that occur on eBay each year.

Says Andale customer Steve Farrar of Shopesales.com, "As a seller with a large inventory of items, Research Pro serves my needs well. It's an easy download and takes no time to learn to use. With its recommendations I know when and where to list on eBay, and what pricing I should use."

"We realize there's an entire segment of high-level eBay sellers - people who sell in large volumes, who could use an industrial strength Research tool", said Linda Hayes, CEO at Andale. "For their vast inventory of items, these sellers can maintain a competitive advantage with advance eBay pricing knowledge and invaluable information on how best to sell any product on this dynamic, ever-changing marketplace".

Research Pro is priced at $49.95 per month for unlimited use. To learn more about Andale Research Pro, visit http://research.vendio.com/researchpro/res_pro_quickstart.jsp , or call Andale toll-free at 1-877 4ANDALE.

About Andale
Andale is the leading and largest provider of auction management and research and analytics services to auction sellers of all sizes. Through the company's counter service, Andale's 1.5 million registered users worldwide now drive more than 80% of all listings on eBay each week. Andale provides auction sellers with research and analytics services to help them make "smarter" business decisions and automation tools designed to help them grow their auction business. Andale's customers are auction sellers of all types -from casual sellers to high volume auction merchants, including small and medium size online businesses. Andale has secured exclusive technology integration and distribution partnerships with eBay, the leading online auction marketplace and PayPal, a leading global online payment service. Andale has received $61 million in financing from Bowman Capital Management, Texas Pacific Group (TPG), Tarrant Venture Partners, Accel Partners, Mohr Davidow Ventures, Oak Hill Venture Partners and other angel investors. Founded in 1999, Andale is headquartered in Mountain View, California and opened an office in Bangalore, India in 2002. For more information visit app.vendio.com

Sales Contact:
Brandon Huff
650-230-3003
brandon@andale.com

Copyright 2004 Andale, Inc. All rights reserved.