Alan Andreini Joins eB2B Commerce as Executive Chairman; Former InterWorld Vice Chairman to Drive Company Expansion.Business/Technology Editors NEW YORK--(BUSINESS WIRE)--July 6, 2000 eB2B Commerce, Inc. (eB2B.com) (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: EBTB), a leading developer, owner and operator of Internet-based business-to-business e-commerce solutions in multiple vertical industries, today announced the appointment of Alan Andreini as Executive Chairman. As Executive Chairman, Mr. Andreini will serve as Chairman of the Board of Directors and as an officer of the Company. He will also be a full-time executive on the Company's management team, working directly with Peter Fiorillo, President and Chief Executive Officer of eB2B Commerce, to guide the organization as it fulfills its current vertical industry initiatives and engages new markets. Mr. Andreini comes to eB2B Commerce with more than 23 years of executive management experience in e-commerce and information technologies. Most recently, he was Vice Chairman of InterWorld Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : INTW), a leading provider of e-commerce software solutions for manufacturers, distributors and retailers, where he was responsible for managing customer programs and pre- and post-sale initiatives worldwide. Prior to that, he was Chief Executive Officer of InterWorld for two years and guided the company through its IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. last May, 1999. Previously, he was an Executive Vice President, member of the Office of the President, and Director of Comdisco, Inc., one of the world's leading providers of solutions that help organizations reduce technology cost and risk, with total annual revenues in excess of $4 billion. Before Comdisco, Mr. Andreini served as Vice President of Salomon Brothers
Salomon Brothers was a Wall Street investment bank. from 1973 to 1978 in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and London. "Alan's tremendous leadership strength and wealth of industry experience will be extremely valuable to eB2B Commerce as we execute and expand our business model," said Peter Fiorillo, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of eB2B Commerce. "Additionally, his proven track record of building world-class teams will continue to allow eB2B Commerce to achieve the highest standards of customer satisfaction and deployment while achieving profitability." "eB2B Commerce is emerging as the definitive leader in several vertical industries, including Sporting Goods Noun 1. sporting goods - sports equipment sold as a commodity commodity, trade good, good - articles of commerce sports equipment - equipment needed to participate in a particular sport , Golf and the Chain Drug Store industries," said Andreini. "The Company has built a strong executive management team, has a definitive competitive advantage and has assembled a stellar list of customers in the vertical markets it serves. We will continue to rapidly expand eB2B Commerce's presence in those markets and others. About eB2B Commerce, Inc. Located in New York, NY, eB2B Commerce, Inc. is a leading developer, owner and operator of Internet-based, business-to-business e-commerce solutions that significantly improve the processing of transactions between buyers and suppliers in specific vertical industries. The Company's marketplaces provide direct links between buyers and suppliers utilizing a set of technologies capable of connecting any buyer with any supplier, regardless of disparate technology platforms. This unique connectivity capability creates an end-to-end solution (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved. Compare: turn-key solution. that facilitates e-business transactions, improves customer satisfaction and productivity and reduces the cost and risk of electronic commerce. For more information, visit the Company's Web site at www.eb2b.com. Certain statements contained in this news release which are not based on historical facts are forward-looking statements, as the term is defined in the Private Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Act of 1995, and are subject to uncertainties and risks that may cause actual results to materially differ from projections. Although eB2B Commerce believes that its expectations are reasonable assumptions within the bounds of its knowledge of its business operations, there can be no assurance that actual results will not differ materially from its expectations. This release and prior releases are available on the KCSA KCSA Krannert Center Student Association KCSA Kentucky Crushed Stone Association (Frankfort, KY) KCSA Kyiv City State Administration KCSA Kalamazoo Christian School Association KCSA Kentucky-Canadian Studies Association Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most Worldwide Web site at www.kcsa.com. |
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