TSQD up on auction block...
March 02, 1999 19:50
Tech Squared Names Chuck Reese as Chief Executive Officer; Board
Authorizes Company to Explore Strategic Alternatives
MINNEAPOLIS, March 2 /PRNewswire/ -- Tech Squared Inc. (OTC Bulletin Board: TSQD) today
announced the appointment of Chuck Reese as chief executive officer. Reese, who has been with the
company since August 1996, will continue to serve as president and chief operating officer. The former
chief executive officer, Rick Apple, is no longer with the company.
The board of directors also authorized management to make investigations and, if appropriate, enter into
preliminary negotiations regarding possible changes in the company's business, including, but not limited
to, strategic alliances, joint ventures, mergers, sale of the company's operating business and other
alternatives. Such investigation is at a preliminary stage and no prediction can be made as to what, if any,
transactions or changes will be effected.
Tech Squared Inc. is a national direct marketer and distributor of microcomputer hardware and software
products for personal computers.
Except for historical information, the information contained in this release is forward-looking and subject to
certain risks as described in the company's filings with the Securities and Exchange Commission,
including the company's annual report on Form 10-K for the year ended Dec. 31, 1997. Actual results may
differ significantly based on such risks.
CONTACT: Jeffrey F. Martin of Tech Squared Inc., 612-832-5622; or
Tom Langenfeld of Swenson NHB Investor Relations, 612-371-0000,
for Tech Squared Inc.
SOURCE Tech Squared Inc.
/CONTACT: Jeffrey F. Martin of Tech Squared Inc., 612-832-5622; or
Tom Langenfeld of Swenson NHB Investor Relations, 612-371-0000, for Tech
Squared Inc./
(TSQD)
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