HSN REVIEWS

HSN, Inc. (NASDAQ: HSNi) is a leading interactive multi-channel retailer, with eight unique, proprietary and compelling lifestyle brands. HSNi offers innovative, differentiated retail experiences on TV, online, in catalogs, and brick and mortar stores. The Company`s two operating segments, HSN and Cornerstone, have exceptional direct-to-consumer expertise, shipping 50 million products and handling 50 million inbound customer calls annually. HSN comprises the Company`s TV network which reaches 90 million homes and hsn.com, one of the top 10 most trafficked e-commerce sites. Cornerstone consists of seven lifestyle brands (Ballard Design, Frontgate, Garnet Hill, Improvements, Smith+Noble, The Territory Ahead, and Travelsmith) that mail 400 million catalogs annually and operate seven separate e-commerce sites. E-commerce currently comprises approximately 33% of HSNi`s sales. The Company is also the leader in advanced TV technology in the U.S., with Shop By Remote available in more than 15 million homes.