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Grocery Shopping Network Receives Patent For Displaying Product Varieties Online

June 29, 2010

MINNEAPOLIS--(BUSINESS WIRE)--

Grocery Shopping Network, Inc. (GSN), a leader in technology and advertising solutions for retail grocers, is pleased to announce today that it has been awarded a patent from the United States Patent and Trademark Office for "Product Variety Information" which includes GSN's processes for displaying product varieties from weekly ads, circulars, and flyers displayed online. The patent was issued on June 8, 2010 and is listed as U.S. Patent 7,734,514.

"This achievement represents a milestone in the company's history that illustrates the amount of ongoing focus the company puts into product development and innovation to deliver the best consumer experience and retail performance," said Andy Robinson, CEO of Grocery Shopping Network. "We are pleased to bring a significant business process to the online grocery community and look forward to working with more retail chains to offer this patented technology."

If a consumer is viewing an interactive flyer online, this patent covers the displaying of available varieties of "on-sale" products. For instance, if a top selling product is on sale, the patented process is a method for taking a general sales item and helping shoppers find exactly the items they want by displaying all varieties of an available product at a specific brick and mortar location. This solution helps shoppers while significantly increasing basket size and sales for retailers.

Grocery Shopping Network offers retailers a broad range of services that are designed to interact with consumers via store websites and manages over 7 million unique visitors planning over 21 million shopping trips monthly, over 35 million loyalty cards, and boasts a survey/email panel of over 2 million users. Some of the solutions for retailers include a display advertising network with revenue share, food and wellness content, coupons, personalized offers, interactive circular creation, online planning as well as buying, and much more. Grocery Shopping Network is now in more than 6,300 retail locations across North America.

About Grocery Shopping Network, Inc.
Grocery Shopping Network, Inc. connects consumers, retailers and brands through its premier content, advertising, and software for supermarket websites. The company's platform enables consumers to quickly plan a grocery shopping trip or place an order online while providing bigger savings, food content, and ease of use. GSN StoreSite exclusively delivers over 6,000 retail grocery locations in the top US markets for brands to target shoppers as they plan grocery trips. GSN InSight provides advertising campaign ROI analysis backed by POS transaction data from over 35 million loyalty card holders. With GSN OutReach, brands can leverage behavioral targeting backed by purchase clusters which identifies premium buyers of products down to the neighborhood level. Find out more at www.groceryshopping.net.


Copyright Business Wire 2010

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