FAIRFAX, Va., May 9, 2011 (GLOBE NEWSWIRE) -- ThinkGeek, a Geeknet (Nasdaq:GKNT) company and the premier retailer for the global geek community, is proud to announce that it jumped 40 spots to rank #192 on Internet Retailer's 2011 list of America's 500 largest e-retailers. On hearing the news, ThinkGeek staff remarked that the ranking was fitting given that 192 is the sum of ten consecutive primes.
"While many factors played into the growth, it really comes back to amazing products and our fanatical devotion to improving the overall customer experience," said Caroline Offutt, President and CEO of ThinkGeek. "We're humbled by the results, because they reflect the dedication and hard work of each and every ThinkGeek employee and the loyalty of our customers."
Overall, ThinkGeek experienced a phenomenal 55% growth in 2010. The blockbuster success of custom products such as the Star Trek Pizza Cutter and the ThinkGeek Electronic Rock Guitar Shirt helped fuel the demand, while ThinkGeek's special blend of commerce and entertainment kept customers, fans, and the media coming back for more.
"This is a highly competitive field," said Ken Langone, Executive CEO and Chairman of Geeknet. "ThinkGeek continues to exceed expectations. We couldn't be more thrilled with growth of this magnitude."
Internet Retailer's definitive ranking and analysis of America's 500 largest e-retailers is based on annual 2010 Internet sales, researched by Internet Retailer and confirmed by retailers. This report includes company financial, operational and performance data, as well as vendors in key categories.
For more information, visit www . thinkgeek . com or contact PR representative Jessica Darrican at 305-576-1171 x.16.
ABOUT THINKGEEK
ThinkGeek is the premier retailer for the global geek community. A wholly owned subsidiary of Geeknet, Inc. (Nasdaq:GKNT), ThinkGeek was founded in 1999 to serve the distinct needs and interests of technology professionals and enthusiasts. Today, ThinkGeek has grown to become the first choice for innovative and imaginative gifts that appeal to the geek in everyone. For more information, please visit www . thinkgeek . com or call 1-888-GEEKSTUFF.
ABOUT GEEKNET
Geeknet is the online network for the global geek community. We serve an audience of over 54 million users* each month and provide the tech-obsessed with content, culture, connections, commerce, and all the things that geeks crave. Want to learn more? Check out geek . net.
(*March 2011 Unique Visitors 54.3M. Source: Google Analytics and Omniture)
Geeknet is a trademark of Geeknet, Inc. SourceForge, Slashdot, ThinkGeek, and freshmeat are trademarks of Geeknet, Inc. in the United States and other countries. All other trademarks or product names are property of their respective owners.
The Geeknet, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7330
ABOUT INTERNET RETAILER
Published by Chicago-based Vertical Web Media LLC, Internet Retailer is a monthly national business magazine that is at the core of the leading retail information web site, an e-commerce conference and four directories that serve the retailing community. Internet Retailer's 42,500 subscribers and 250,000 monthly web readers represent senior executives primarily from retail chains, independent stores, catalogs, virtual merchants and brand name manufacturers. Internet Retailer's circulation represents the largest multichannel readership base of any retailing magazine.
CONTACT: MEDIA CONTACTS Jessica Darrican Max Borges Agency 305-576-1171 x.16 305-299-3449 (m) Jessica@maxborgesagency.com Shane Peterman PR Manager ThinkGeek.com 703-839-8614 shane@thinkgeek.com
