(BSNS WIRE) PFSweb's Blue Chip Client List Expands; E-logistics Firm App
PFSweb's Blue Chip Client List Expands; E-logistics Firm Appoints Two New VPs
Business Editors & Technology Writers
PLANO, Texas--(BUSINESS WIRE)--March 9, 2000--PFSweb, Inc.
(Nasdaq: PFSW), a leading international provider of e-logistic
services for both traditional and e-commerce companies, added 15 new
customers during 1999. To support and develop these and future
clients, PFSweb has created a new Technology team that will be engaged
in research and development of leading edge processes.
PFSweb services include order management, call center, email
support, distribution, billing and information services.
"This past year was a very exciting year for PFSweb," stated Mark
C. Layton, chairman, president and CEO of PFSweb. "We added
approximately 15 new clients, most of which became operational during
the last four months of the year in order to meet their holiday season
needs."
Some of the clients include retailers, e-tailers and
manufacturers such as Hewlett-Packard Company (NYSE: HWP), Nokia
Mobile Phones (NYSE: NOK), Thomson Consumer Electronics (NYSE: TMS),
Global Sports Interactive (Nasdaq: GSPT), a new division of IBM
(NYSE: IBM), Daisytek International (Nasdaq: DZTK), The Sharper Image
(Nasdaq: SHRP), Roots Canada, Adaptec (Nasdaq: ADPT), Yardmart, an
office products distributor, and several other dot.com businesses
including a leading brand fashion manufacturer.
"In addition, we also expanded our international operations by
opening a new distribution center in Liege, Belgium. The European
operation facilitated the expansion of our existing relationship with
IBM and also created the opportunity to service ISA International
(FTSE: ISA), a United Kingdom-based computer supplies firm," Layton
said.
"Our ongoing sales pipeline and marketing efforts remain strong.
During the coming months, we should see the development and
announcement of more strategic alliances and new clients. To provide
the current and future clients with leading edge services and
technologies, we have created a new E-commerce Technology team. This
team will continually strive to strengthen and expand our systems
architecture," he said.
Michael Willoughby has been appointed vice president of
e-commerce technologies to lead a team of IT developers in support of
PFSweb's invention, acquisition, development, integration and support
of e-commerce technologies. Willoughby brings 16 years of experience
in the information technology and e-commerce development fields.
"Michael is an exciting addition to our team - a true recognized
leader in his field," Layton said. "Before joining us he founded two
successful businesses, and I think his experience and entrepreneurial
spirit will be an asset to PFSweb."
"We were lucky enough to get someone who is right out of that
arena and who was the founder of an e-commerce software company to
lead our expanded team of e-commerce researchers and inventors," said
PFSweb's Chief Technology Officer Steve Graham.
"Willoughby was the founder of Design Technologies, Inc., the
company that co-developed PFSweb's e-commerce software engine,
currently called the business system interface, which greatly enables
rapid implementation of clients' business," Graham said. "This
proprietary software provides real-time, high-level connectivity with
our customers, vendors and partners."
PFSweb's e-commerce technologies group handles the company's Web
applications, such as catalog and order management; real-time
interfaces to PFSweb systems for business-to-business and
business-to-consumer transaction management, and real-time interfaces
to vendor support services, such as payment processing, export
compliance and fraud management.
PFSweb also announced that it has promoted Valarie Remmers to
vice president of Information Technology. The 17-year veteran of the
IT field has been with PFSweb for two years. Remmer's responsibilities
at PFSweb include leading the implementation and client support teams
in the IT organization, as well as guiding the overall IT development
for the PFSweb company infrastructure.
"Valarie has been a key figure in helping PFSweb develop its IT
organization," Graham said. "She will work with the e-commerce
technology team to ensure the smooth operation of our IT
infrastructure as well as our clients' success."
Remmers served at PFSweb as a director of IT, prior to her
appointment to vice president. Before joining PFSweb, she spent three
years at PageNet, three years as a manager and senior manager at
Sprint, and nine years at Andersen Consulting. She earned her
bachelor's degree in accounting, with a specialization in computer
science, from the University of Illinois.
About PFSweb, Inc.
PFSweb is a leading international provider of transaction
management and e-commerce logistics business services. PFSweb's
comprehensive outsourcing solution provides both traditional and
Web-based companies with a virtual back-end infrastructure that
facilitates the rapid implementation of their e-commerce strategies.
PFSweb's services include order management, customer care services,
billing services, distribution services and information management.
PFSweb provides everything "from the click of the mouse to the knock
at the house."(SM)
PFSweb, Inc., a subsidiary of Daisytek International Corporation
(Nasdaq: DZTK), completed an IPO in December 1999. PFSweb continues to
be owned 80 percent by Daisytek. Daisytek has announced that it plans
to complete a spin-off of its remaining ownership of PFSweb in
calendar year 2000.
The matters discussed in this news release 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 risks
and uncertainties include, but are not limited to, our reliance on the
fees generated by the transaction volume or product sales of our
clients; the impact of strategic alliances; 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; effects of changes in profit margins; the unknown effects
of possible system failures and rapid changes in technology; trends in
government regulation; and our relationship with and separation from
Daisytek. A description of these factors, as well as other factors,
which could affect the Company's business, is set forth in the
Company's Prospectus dated December 2, 1999.
This news release and more information about PFSweb are available
at www.pfsweb.com. PFSweb is a registered trademark. Daisytek is a
registered trademark of Daisytek, Incorporated. All rights reserved.
--30--DH/na*
CONTACT: Michael A. Burns & Associates
Craig McDaniel, 214/521-8596 or 214/616-7186 mobile
cmcdaniel@mbapr.com
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