updated 12/3/2010 8:15:56 AM ET 2010-12-03T13:15:56

MINNEAPOLIS, Dec. 3, 2010 (GLOBE NEWSWIRE) -- SPS Commerce (Nasdaq:SPSC), a leading provider of on-demand supply chain management solutions, today announced the public offering of 2,871,240 shares of common stock at a price to the public of $12.25 per share. Of the shares being offered, SPS Commerce is offering 100,000 shares and selling stockholders are offering 2,771,240 shares. In addition, SPS Commerce and the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 430,686 shares of common stock at the public offering price to cover over-allotments, if any.

Stifel Nicolaus Weisel is the book-running manager for the offering. William Blair & Company, JMP Securities and Needham & Company, LLC are lead managers, and Canaccord Genuity and Craig-Hallum Capital Group are co-managers of the offering.

A registration statement relating to this offering was declared effective by the Securities and Exchange Commission on December 2, 2010. This offering is being made solely by means of a prospectus, copies of which may be obtained from Stifel Nicolaus Weisel, Attn: Prospectus Department, One Montgomery Street, Suite 3700, San Francisco, California 94104, by calling 415-364-2720, or via fax request to 415-364-2799.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

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 3,000 order management models across 1,500 retailers, grocers and distributors, as well as integrations to over 100 accounting, warehouse management, enterprise resource planning, and packing and shipping applications. More than 38,000 customers across more than 40 countries have used SPSCommerce.net, making it one of the largest trading partner integration centers. SPS Commerce has 39 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

CONTACT:  The Blueshirt Group
          Investor Relations
          Todd Friedman
            Todd@blueshirtgroup.com
          Stacie Bosinoff
            Stacie@blueshirtgroup.com
          415-217-7722
          
          SPS Commerce
          Kay Rindels
          866-245-8100
          krindels@spscommerce.com
          
          PAN Communications
          Kim Baker
          978-474-1900
          spscommerce@pancomm.com

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

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