Carol Baker Joins Value America as Senior Vice President of Human Resources.Business Editors CHARLOTTESVILLE, Va.--(BUSINESS WIRE)--Feb. 7, 2000 Value America Value America or VA (valueamerica.com, va.com) was a dot-com company founded in Nevada in 1996[1] by Craig Winn and Rex Scatena, and relocated to Charlottesville, Virginia in February of 1998[1]. , Inc. (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 : VUSA VUSA Vancouver United Soccer Alliance (Vancouver, WA) VUSA Visit United States of America - Discounted Airtickets ), the leading online technology and office products superstore, today announced that Carol Baker, former Vice President of Human Resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. at Merisel, Inc. has been hired as Senior Vice President of Human Resources focusing on building the internal company culture and helping focus on the company's move to quality growth. Ms. Baker has more than 20 years of executive-level HR experience most recently with Merisel, Inc., a leading full-line distributor of technology products to resellers. During her tenure there, she managed all aspects of the company's HR, facilities and security, concentrating significant attention on the recruitment and development of the Merisel team. &uot;As Value America focuses on improving its business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets , Carol Baker will play an important role in developing the people, culture and morale of our company,&uot; said Glenda Dorchak, 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. . &uot;She brings a lifetime of executive experience and a keen understanding of the skills and pace needed to succeed in the online world.&uot; &uot;I came to Value America because I believe in the people and the mission,&uot; said Ms. Baker. &uot;And I am excited about helping build a team to achieve our goals.&uot; About Value America Value America, Inc. (Valueamerica.com), based in Charlottesville, Virginia, is the leading online electronics and technology superstore, offering the best selection, reliable service and competitive prices. Offering business, government and consumers comprehensiveness in PCs, electronics, peripherals, office products, DVDs and CDs, Value America brings the best features of bricks and mortar A store (shop, supermarket, department store, etc.) in the real world. Contrast with clicks and mortar. to Internet commerce, without the costs of inventory, warehouses or distribution. Forward-Looking Statements The matters discussed in this press release include forward-looking statements regarding, among other things, future operating results of the company. In addition, when used in this press release, the words &uot;intends to,&uot; &uot;believes,&uot; &uot;anticipates,&uot; &uot;expects&uot; and similar expressions are intended to identify forward-looking statements. Such statements are subject to a number of risks and uncertainties. Actual results in the future could differ materially and adversely from those described in the forward-looking statements as a result of various important factors, including: continued growth of electronic commerce; uncertainties and risks of Internet-based technologies employed by Value America; competition for sales over the Internet; anticipated operating loss operating loss The excess of operating expenses over revenue. As with operating income, operating losses exclude revenues and expenses from operations that are not considered a regular part of the business. Also called deficit. Compare operating income. by Value America; fluctuations in quarterly results; governmental regulation of electronic commerce; and the other risk factors set forth in (i) Value America's prospectus filed with the Securities and Exchange Commission on April 6, 1999; and (ii) Value America's quarterly report on Form 10-Q Form 10-Q See 10-Q. for the quarter ended March 31, 1999. We undertake no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect any future events or circumstances. |
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