REDENVELOPE INC
SymbolREDE

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RedEnvelope.com Gets a High Ranking Gift From Internet Retailer's Top 500 Guide

2008-05-21 15:01 ET - News Release

SAN FRANCISCO, CA -- (MARKET WIRE) -- 05/21/08

RedEnvelope, Inc. (PINKSHEETS: REDEQ) announces its ranking in the Internet Retailer's Top 500 Guide. For 2007, RedEnvelope has been ranked as number 132 for its web sales and number four in the Top 500 flowers/gifts category.

Internet Retailer's definitive ranking and analysis of America's 500 largest e-retailers is based on annual 2007 Internet sales, researched by Internet Retailer and confirmed by retailers. This report includes company financial, operational and performance data, as well as vendors in 18 key categories.

"We're excited that we have ranked high in both overall web sales and the category of flowers/gifts," said Scott Sanborn, General Manager of RedEnvelope, Inc. "We thank our customers who continue to make RedEnvelope.com their definitive online retail destination for all of their gift giving needs."

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