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[PFSWEB LOGO]

FOR IMMEDIATE RELEASE
Contact: MARK C. LAYTON PRESTON F. KIRK, APR
Senior Partner and Chief Executive Officer Michael A. Burns & Associates
or THOMAS J. MADDEN (830) 693-4447
Senior Partner and Chief Financial Officer kirk@281.com
(972) 881-2900

PFSWEB ANNOUNCES $3.4 MILLION PRIVATE PLACEMENT OF COMMON STOCK

PLANO, TEXAS (NOVEMBER 7, 2003) -- PFSweb, Inc. (NASDAQ: PFSW), a leading
provider of business process outsourcing solutions for traditional and
e-commerce strategies, announced today that it has sold to certain institutional
investors 1,581,944 shares of common stock at $2.16 per share in a private
placement, resulting in gross proceeds of approximately $3.4 million. After
deducting commissions and expenses the net proceeds are approximately $3.2
million. The investors also received a one-year warrant to purchase 525,692
shares of common stock at an exercise prices of $3.25 per share and a four-year
warrant to purchase 395,486 shares of common stock at an exercise price of $3.30
per share. Bluffview Capital, LP served as a placement agent in the transaction.

"We believe this transaction further strengthens PFSweb's already solid
financial and cash position," said Thomas J. Madden, Senior Partner and Chief
Financial Officer. "We are pleased that our improved financial performance and
increased share price in the current year have enabled us to attract additional
investor interest in PFSweb. We believe our strong balance sheet, our world
class service offerings and our improved financial performance in the current
year clearly position us to capitalize on the opportunities ahead."

The securities sold in this private placement have not been registered under the
Securities Act of 1933 or any state securities laws and unless so registered may
not be offered or sold except pursuant to an exemption from, or in a transaction
not subject to, the registration requirements of the Securities Act of 1933 and
applicable state securities laws. However, PFSweb has agreed to file a
registration statement within 30 days for the resale of the shares of the common
stock, including all shares of common stock underlying the warrants. This
announcement is neither an offer to sell nor a solicitation of an offer to buy
any of these securities.

PFSweb provides services to Fortune 1000, Global 2000 and brand named companies
in North America and Europe including such clients as International Business
Machines (NYSE: IBM), Adaptec (Nasdaq: ADPT), the U.S. Mint, Avaya Communication
(NYSE: AV), Lancome, a cosmetics division of L'Oreal International (ADR: LORLY),
Xerox (NYSE: XRX), Thomson multimedia (NYSE: TMS), Pharmacia&Upjohn (NYSE: PHA),
Nokia (NYSE: NOK), Hewlett-Packard (NYSE: HWP), Smithsonian Business Ventures
and Roots

ABOUT PFSWEB, INC.

PFSweb provides comprehensive outsourcing solutions to provide proven, fast and
secure business infrastructure to enable traditional and e-commerce strategies.
The PFSweb team of experts designs diverse solutions for clients around a
flexible core business infrastructure. PFSweb solutions include: professional
consulting services, e-marketplace logistics, order management, web-enabled
customer contact centers, customer relationship management, international
distribution and fulfillment services, reverse logistics, billing and collection
services, kitting and assembly services and ERP information interfacing
utilizing its Entente Suite(SM).

The matters discussed in this news release (except for historical information)
and, in particular, information regarding future revenue, earnings and business
plans and goals, consist of forward-looking information under the Private
Securities Litigation Reform Act of 1995 and are subject to and involve risks
and uncertainties, which could cause actual results to differ materially from
the forward-looking information. These forward-looking statements are not
guarantees of future performance and involve risks, uncertainties and
assumptions that are difficult to predict. These risks and uncertainties
include, but are not limited to, our ability to retain and expand relationships
with existing clients and attract new clients; our dependence upon our
agreements with IBM; our reliance on the fees generated by the transaction
volume or product sales of our clients; our reliance on our clients' projections
or transaction volume or product sales; our client mix and the seasonality of
their business; our ability to finalize pending contracts; the impact of
strategic alliances and acquisitions; trends in the market for our services;
trends in e-commerce; whether we can continue and manage growth; changes in the
trend toward outsourcing; increased competition; our ability to generate more
revenue and achieve sustainable profitability; effects of changes in profit
margins; the customer concentration of our business; the unknown effects of
possible system failures and rapid changes in technology; trends in government
regulation both foreign and domestic; foreign currency risks and other risks of
operating in foreign countries; potential litigation involving our e-commerce
intellectual property rights; our dependency on key personnel; our ability to
raise additional capital or obtain additional financing; our relationship with
and our guarantees of the working capital indebtedness of our subsidiary,
Supplies Distributors; our ability or the ability of our subsidiaries to borrow
under current financing arrangements and maintain compliance with debt
covenants; our ability to file an effective registration statement for the
private placement; and whether warrants sold in the private placement will be
exercised in the future. A description of these factors, as well as other
factors, which could affect the Company's business, is set forth in the
Company's Form 10-K for the year ended December 31, 2002.

In addition, some forward-looking statements are based upon assumptions as to
future events that may not prove to be accurate. Therefore, actual outcomes and
results may differ materially from what is expected or forecasted in such
forward-looking statements. We undertake no obligation to update publicly any
forward-looking statement for any reason, even if new information becomes
available or other events occur in the future. There may be additional risks
that we do not currently view as material or that are not presently known.

To find out more about PFSweb, Inc. (NASDAQ: PFSW), visit our web-site at
www.pfsweb.com. The PFSweb web-site is not part of this release. PFSweb is a
registered trademark. Entente Suite is a service mark of PFSweb. All rights
reserved.