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Barksdale Invests In, Joins HomeGrocer.com Board; On-line Grocery Service Attracts Former Netscape, FedEx Exec.


BELLEVUE, Wash.--(BUSINESS WIRE)--April 29, 1999--

HomeGrocer.com, the first fully integrated Internet grocery shopping and home delivery service, announced today that James Barksdale has joined its board of directors.

Barksdale, 56, is former 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 Netscape Communications Corporation (company) Netscape Communications Corporation - (Formlerly "Mosaic Communications Corporation", MCC) A company set up in April 1994 by Dr. James H. Clark and Marc Andreessen <marca@netcom. . His previous experience includes CEO of AT&T Wireless Services and Executive Vice President and Chief Operating Officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
 with Federal Express Corporation.

Barksdale currently heads The Barksdale Group, a full service investment and advisory group committed exclusively to growing leading Internet software and services start-ups. HomeGrocer.com, which has shown tremendous growth since launching a year ago, is The Barksdale Group's first investment.

"We are absolutely thrilled thrill  
v. thrilled, thrill·ing, thrills

v.tr.
1. To cause to feel a sudden intense sensation; excite greatly.

2. To give great pleasure to; delight. See Synonyms at enrapture.
 that Jim has invested in us and joined our board," said Terry Drayton, HomeGrocer.com's co-founder and CEO. "His experience with distribution, national roll-out, and the Internet are unparalleled. I personally look forward to working with a person I consider a wonderful mentor Mentor, in Greek mythology
Mentor (mĕn`tər, –tôr'), in Greek mythology, friend of Odysseus and tutor of Telemachus.
."

HomeGrocer.com is located on the Internet at http://www.homegrocer.com/ and offers customers a complete selection of groceries to meet their weekly shopping needs, including name-brands, fresh produce, meat, seafood seafood

Edible aquatic animals excluding mammals, but including both freshwater and ocean creatures. Seafood includes bony and cartilaginous fishes, crustaceans, mollusks, edible jellyfish, sea turtles, frogs, sea urchins, and sea cucumbers.
, dairy and specialty foods such as ethnic, natural and organic. The company stocks its own 75,000-square-foot private facility in Bellevue and delivers right to customers' kitchen counters with its own fleet of custom temperature-controlled vehicles and friendly, professional drivers. HomeGrocer.com is about to begin its national expansion.

"HomeGrocer.com has shown an entrepreneurial spirit and a true commitment to quality from its inception," said Jim Barksdale Jim Barksdale (born January 24, 1943) was the president and CEO of Netscape Communications Corporation from January 1995 until the company merged with AOL in March 1999. Early life
James (Jim) Love Barksdale was born in Jackson, Mississippi. He received a B.A.
, partner, The Barksdale Group. "The business model HomeGrocer.com created for an on-line grocery store is a winner and I look forward to combining our strengths with their proven successes."

HomeGrocer.com is the first Internet grocery shopping and home delivery service in the Seattle area, and one of the few in the world with free deliveries for orders more than $75. Members can call toll-free 800/688-0201 for customer support. An unconditional HEIR, UNCONDITIONAL. A term used in the civil law, adopted by the Civil Code of Louisiana. Unconditional heirs are those who inherit without any reservation, or without making an inventory, whether their acceptance be express or tacit. Civ. Code of Lo. art. 878.

UNCONDITIONAL.
 100 percent satisfaction guarantee underscores HomeGrocer.com's commitment to quality service.

"We at HomeGrocer.com pride ourselves on listening to our customers and responding to their needs," Drayton said. "Jim's customer service orientation is a great fit with our company."

The Barksdale Group is a full service investment and advisory group committed exclusively to growing leading Internet software and services start-ups. The Barksdale Group can be reached by sending email to ideas@barksdalegroup.com or calling 650/233-8140.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:May 3, 1999
Words:403
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