Cedar Grove Partner Tom Hughes and Onvia.com Ceo Glenn Ballman Join Avolo Board of Directors.Business Editors SEATTLE--(BUSINESS WIRE)--July 7, 2000 New Economy Visionaries to Provide Strategic Counsel to Seattle-based Aviation Industry Marketplace and Application Service Provider Avolo, an independent online marketplace and application service provider for the aviation industry, today announced that Tom Hughes and Glenn Ballman have joined the company's board of directors. Founded in 1999 by Andrew Fedak, former 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 SunCommerce Corp., Avolo provides a broad range of applications that help both airlines and suppliers manage the complex and time-consuming process of parts and services procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. . Tom Hughes, the founder and former president of PhotoDisc, Inc. and Northshore Publishing, is a partner in Cedar Grove Cedar Grove can refer to: Locations
LLC - Logical Link Control . Recently, Hughes has served on the boards of Avenue A Media, Clique (mathematics) clique - A maximal totally connected subgraph. Given a graph with nodes N, a clique C is a subset of N where every node in C is directly connected to every other node in C (i.e. C is totally connected), and C contains all such nodes (C is maximal). .com, Talisma/Aditi software, Loudeye, and Vacationspot.com (recently sold to Expedia). Glenn Ballman is the founder and CEO of Onvia.com, the leading business-to-business exchange connecting small business buyers and small business users. Onvia has partnered with such companies as America Online See AOL. Inc., Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance & Company, and more than 20 small business associations, including the US Small Business Administration. Today, Onvia has more than 3.5 million unique visitors A count of how many different people access a Web site. For example, if a user leaves and comes back to the site five times during the measurement period, that person is counted as one unique visitor, but would count as five "user sessions. per month and over 420,000 registered small business users. "Tom and Glenn bring tremendous New Economy expertise to Avolo," said Andrew Fedak, CEO of Avolo. "Their hands-on experience and in-depth knowledge will provide valuable insight to the company as we continue to develop the Avolo marketplace and suite of services." "Avolo is firmly positioned to be the primary independent provider of e-services to the aviation industry," said Hughes. "The Avolo management team combines strengths and understanding in both e-commerce and aviation. This unique combination of talent gives Avolo a leading edge in the development of the online marketplace and services." "During our days together at Onvia and SunCommerce, Andrew demonstrated his expert knowledge in the e-commerce space, and I am pleased to play a role in the growth and success of Avolo -- the aviation industry's most advanced e-services solution provider," said Ballman. "I believe that Avolo has the potential to define the way the aviation industry uses the Internet." About Avolo Based in Seattle, Washington The reason for its protection is listed on the protection policy page. , Avolo is an independent, online marketplace and application service provider for the aviation industry. Avolo enables people to facilitate, manage and track the buying and selling of aircraft parts and services through the use of a secure and reliable Internet technology. Founded in 1999 by industry professionals with a clear vision of the aviation marketplace, Avolo takes advantage of the benefits of the Internet to help buyers and sellers improve efficiencies, increase profitability and grow their business. The company is privately held and funded by Cedar Grove Investments, Riverside Management Group, Cascadia Capital LLC, Allen & Co., and private investors. For more information about Avolo, visit www.avolo.com or call 206/903-1944. |
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