Exhibit 99.3

MBS INSIGHT, INC.

Financial Statements

March 31, 2010

MBS INSIGHT, INC.

Condensed Balance Sheets

March 31, 2010 and December 27, 2009

		March 31,				December 27,
Assets		2010				2009
		(Unaudited)
Current assets:
Cash and cash equivalents		$	1,399				2,257
Accounts receivable, net			2,102,785				2,359,067
Prepaid expenses			620,528				526,933
Total current assets			2,724,712				2,888,257
Other assets			76,972				105,800
Property, plant, and equipment, net			2,894,309				3,079,426
Goodwill			6,583,324				6,583,324
Total assets		$	12,279,317				12,656,807

Liabilities and Stockholder’s Equity		2010				2009
Current liabilities:
Borrowings from parent		$	2,367,716				2,391,743
Accounts payable			200,188				532,357
Accrued payroll			296,677				327,827
Accrued expenses			565,574				888,651
Deposits			8,645				9,430
Deferred income taxes			60,048				60,048
Income taxes payable			139,982				—
Total current liabilities			3,638,830				4,210,056
Long-term liability:
Deferred income taxes			940,190				940,190
Stockholder’s equity:
Common stock, $1.00 par value. Authorized 10,000 shares; issued and outstanding 1,000 shares			1,000				1,000
Additional paid-in capital			3,181,180				3,181,180
Retained earnings			4,518,117				4,324,381
Total stockholder’s equity			7,700,297				7,506,561
Total liabilities and stockholder’s equity		$	12,279,317				12,656,807

See accompanying notes to condensed financial statements.

MBS INSIGHT, INC.

Condensed Statements of Earnings

Fiscal periods ended March 31, 2010 and March 31, 2009

		Fiscal period ended
		March 31,				March 31,
		2010				2009
		(Unaudited)
Operating revenue		$	4,280,850				4,140,812
Operating expenses:
Cost of materials			211,143				300,093
Labor costs			3,021,820				2,626,956
Depreciation			98,425				111,000
Amortization			10,870				—
Other			579,426				589,036
Total operating expenses			3,921,684				3,627,085
Operating income			359,166				513,727
Other expense:
Interest expense to parent			(25,448	)			(48,194	)
Earnings before income taxes			333,718				465,533
Income tax expense			139,982				193,222
Net earnings		$	193,736				272,311

See accompanying notes to condensed financial statements.

MBS INSIGHT, INC.

Condensed Statements of Cash Flows

Fiscal periods ended March 31, 2010 and March 31, 2009

		Fiscal period ended
		March 31,				March 31,
		2010				2009
		(Unaudited
Cash flows from operating activities:
Net earnings		$	193,736				272,311
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization			109,295				111,000
Changes in assets and liabilities
(Increase) decrease in:
Accounts receivable			256,282				169,267
Prepaid expenses and other			11,055				(4,163	)
Increase (decrease) in:
Accounts payable			(332,169	)			96,987
Accrued expenses			(354,227	)			21,479
Deposits			(785	)			(2,721	)
Income taxes payable			139,982				193,222
Net cash provided by operating activities			23,169				857,382
Cash flows from investing activities:
Additions to property, plant, and equipment			—				(358,599	)
Net cash used in investing activities			—				(358,599	)
Cash flows from financing activities:
Net repayment of borrowings from parent			(24,027	)			(499,255	)
Net cash used in financing activities			(24,027	)			(499,255	)
Net decrease in cash and cash equivalents			(858	)			(472	)
Cash and cash equivalents at beginning of year			2,257				4,562
Cash and cash equivalents at end of period		$	1,399				4,090
Supplemental disclosure of cash flow information- cash paid during the period for:
Interest		$	25,448				48,194

See accompanying notes to condensed financial statements.

MBS Insight Inc.

Notes to Condensed Financial Statements March 31, 2010

(1) Description of Business

Organization and Nature of Business

MBS Insight, Inc. (the Company) is a wholly owned subsidiary of World Marketing, Inc. (Parent), which is a wholly owned subsidiary of the Omaha World-Herald Company (OWHC). The Company provides a variety of services, including database management and direct marketing activities. The Company’s primary operations are located in Central Islip, New York.

(2) Basis of Presentation

Accounting Period

The Company has adopted a 52 – 53 week fiscal year ending the last Sunday in December. The results of operations for the fiscal period ending March 31, 2010 reflect the period December 28, 2009 to March 31, 2010. The results of operations for the fiscal period ending March 31, 2009 reflect the period from December 29, 2008 to March 31, 2009.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. The current economic environment has increased the degree of uncertainty inherent in those estimates and assumptions.

(3) Goodwill

Goodwill at March 31, 2010 is $6,583,324. The carrying value of goodwill is reviewed for impairment at least annually. The Company must make various estimates and assumptions in determining fair value. Changes in these estimates or related assumptions could result in the recording of an impairment charge.

(4) Borrowings from Parent

The Company has an intercompany revolving note held by the Parent. Any outstanding borrowings are recorded on the balance sheet of the Company. The note has a maximum principal amount of $6,000,000 and is due April, 2011. At March 31, 2010, the Company had $2,367,716 borrowed against the note. The note has a variable interest rate, and at March 31, 2010, the rate was 4.25%.

(5) Major Customers

Through the period ending March 31, 2010, two customers accounted for approximately $1,346,000 or 31% of revenue. These customers accounted for approximately $748,000 or 34% of outstanding receivables at March 31, 2010. Through the period ending March 31, 2009, the same two customers accounted for approximately $1,245,000 or 30% of revenue.

(6) Related Party Transactions

The Company was involved in transactions with related parties for the periods ended March 31, 2010 and March 31, 2009 as follows:

		2010				2009
Management fee expense		$	5,979				6,252
Interest expense			25,448				48,194

The Company has borrowings from Parent for $2,367,716. See note 4 for additional information.

(7) Subsequent Events

On April 30, 2010, e-Dialog, a wholly owned subsidiary of GSI Commerce, Inc., acquired 100% of the issued and outstanding stock of the Company for approximately $22.5 million.