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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 244.25-2.0%3:59 PM EST

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To: Peter Church who wrote (10567)7/16/1998 8:30:00 AM
From: Glenn D. Rudolph  Read Replies (4) of 164684
 
From: AOLNews@aol.com
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Subject: Amazon.com Appoints Former Wal-Mart Logistics Executive...
Date: Thu, 16 Jul 1998 08:25:38 EDT
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Amazon.com Appoints Former Wal-Mart Logistics Executive as Vice President And
Chief Logistics Officer

SEATTLE, July 16 /PRNewswire/ -- As part of its ongoing focus to provide
customers with outstanding selection, convenience, and service, leading
Internet retailer Amazon.com, Inc. (Nasdaq: AMZN), today announced the
appointment of Jimmy Wright to the position of vice president and chief
logistics officer.

Wright joins Amazon.com with more than 26 years of experience in logistics
management. He was recognized as one of the key logistics leaders within Wal-
Mart Stores, Inc., the world's largest retailer and a company globally known
for its logistics excellence. Wright joined Wal-Mart in 1985 and served as
vice president of distribution from 1990 to his retirement in 1998. During
that time he was responsible for more than 30 regional and specialty
distribution centers, which accounted for 38 million square feet of retail
distribution space, staffed by more than 32,000 employees.

Wright will be responsible for all global supply-chain activities at
Amazon.com, including management of the company's distribution centers,
product purchasing, distribution, and shipping.

Announcing the appointment, Jeff Bezos, founder and CEO of Amazon.com, said,
"Clearly, Jimmy's experience demonstrates that he has a broad and deep
understanding of retail operations, merchandising, systems, and logistics. His
focus will include helping the company achieve record levels of customer
service at low cost, high productivity, and outstanding quality. The
leadership and strategic vision Jimmy brings will strengthen Amazon.com's
ability to provide our customers with the ultimate level of customer service."

About Amazon.com

Amazon.com, Inc., is Earth's biggest book and music store. Amazon.com offers a
catalog of more than 3 million book, music, and other titles, plus easy-to-use
search and browse features, e-mail services, personalized shopping services,
secure Web-based credit card payment, and direct shipping to customers.
Amazon.com has virtually unlimited online shelf space and offers customers a
vast selection through an efficient search-and-retrieval interface, as well as
streamlined ordering through 1-Click(SM) technology. Amazon.com pioneered the
concept of syndicated selling on the Internet and has more than 60,000 members
in its Associates Program, including AOL.com, Yahoo!, Netscape, Excite, the
AltaVista Search Service, the @Home Network, and iVillage.

This announcement contains forward-looking statements that involve risks and
uncertainties that include, among others, Amazon.com's limited operating
history, the unpredictability of its future revenues, and risks associated
with capacity constraints, management of growth, and new business
opportunities. More information about factors that potentially could affect
Amazon.com's financial results is included in the company's Annual Report on
Form 10-K for the year ended December 31,1997 and quarterly report on Form
10-Q for the quarter ended March 31, 1998, both filed with Securities and
Exchange Commission.

Amazon.com, Earth's Biggest Bookstore, and 1-Click are either registered
trademarks or trademarks of Amazon.com, Inc. All other names mentioned herein
may be trademarks of their respective owners.

SOURCE Amazon.com, Inc.

CO: Amazon.com, Inc.

ST: Washington

IN: REA MLM

SU: PER

07/16/98 08:17 EDT prnewswire.com

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