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Microcap & Penny Stocks : HNV breaking out on Internet deal with Excite! -- Ignore unavailable to you. Want to Upgrade?

To: Instock who wrote (94)	2/10/1999 7:11:00 PM
From: paul t	Read Replies (1) \| Respond to of 101

Company Press Release biz.yahoo.com Richard M. Metzler to Join Hanover Direct as President of Keystone Fulfillment, Inc. WEEHAWKEN, N.J.--(BUSINESS WIRE)--Feb. 9, 1999--Hanover Direct, Inc. (AMEX:HNV - news) announced today that Richard M. Metzler has joined the Company as President of Keystone Fulfillment, Inc., effective February 8, 1999. Keystone, launched during 1998, is the Company's electronic and direct commerce third party fulfillment services subsidiary. In this position, Mr. Metzler will have full responsibility for growing Keystone's account portfolio significantly while making the Company a preferred e-commerce provider. He will report to Rakesh K. Kaul, President and Chief Executive Officer for Hanover Direct, Inc. ''Dick brings to Hanover broad and deep management experience in logistics, direct marketing, express delivery industries and customer service center operations. With Dick leading the team, our third party fulfillment business can successfully expand to meet all of the back-end fulfillment needs of internet and direct marketers,'' said Mr. Kaul. ''Growing Keystone will be key as we focus our efforts to become an industry leader in e-commerce.'' With over twenty years experience, Mr. Metzler comes to Hanover from GE Capital/Transport International Pool where he served as Senior Vice President for Worldwide Marketing and Customer Service. While at GE Capital he was responsible for global marketing and call center operations in North America. At Federal Express, Metzler launched their Catalog Business, which targeted the top 200 direct marketing and catalog companies. While there, he held senior level positions in FedEx Logistics, Catalog and Remail Services, and Marketing and Communications. Metzler has also worked at TNT Express Worldwide and Airborne Freight Corporation. Under the terms of a previously announced Excite partnership with Hanover Direct, Keystone Fulfillment was selected as the third party fulfillment services vendor to be exclusively promoted by Excite within its on-line shopping channel. Keystone currently provides third party services to a variety of clients covering a broad range of categories including fashion apparel, collectibles, books and home furnishings. Its advanced computer system allows it to perform the wide range of services required by e-commerce companies including telemarketing, order processing and credit card transaction processing. Keystone's distribution center is centrally located in Pennsylvania; its highly trained workforce, supported by an advanced system platform, is set up to flexibly fulfill for multiple and diverse operations. Hanover Direct, Inc. (AMEX:HNV - news) is a leading, specialty direct marketer with a diverse branded portfolio of home fashions, general merchandise, women's and men's apparel and gift catalogs and proprietary products delivered via direct mail and electronic commerce platforms. Its portfolio of brands includes: Domestications and Colonial Garden Kitchens (Home Fashions - Mid Market brands); The Company Store and Kitchen & Home (Home Fashions - Upscale brands); Improvements and The Safety Zone (General Merchandise brands); Silhouettes and Tweeds (Women's Apparel brands); International Male, Austad's and Undergear (Men's Apparel brands); and Gump's By Mail (Gift brands). The company owns Gump's, a retail store based in San Francisco, and recently launched Keystone Fulfillment Inc., offering third party fulfillment and proprietary electronic commerce services. Information on all of Hanover Direct's retail titles can be accessed on the Internet individually by name.