ChannelAdvisor Appoints New Board Member; Chief Executive Officer Receives Entrepreneur of the Year Award.RESEARCH TRIANGLE PARK Research Triangle Park, research, business, medical, and educational complex situated in central North Carolina. It has an area of 6,900 acres (2,795 hectares) and is 8 × 2 mi (13 × 3 km) in size. Named for the triangle formed by Duke Univ. , N.C. -- Tim Buckley, Former Vice President and COO of Red Hat, Joins Board of Directors ChannelAdvisor Corporation, the leading provider of small business and enterprise solutions for online marketplaces including eBay (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 :EBAY) and Amazon.com (NASDAQ:AMZN AMZN Amazon.com (NASDAQ symbol) ), announced today that Tim Buckley, former COO of Red Hat, has been appointed to its board of directors. The company also announced that Scot Wingo, 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. and President of ChannelAdvisor, was named 2004 Ernst & Young Entrepreneur of the Year in the Technology category at the Carolinas' award gala held on June 17. ChannelAdvisor's new director, Tim Buckley, is a 25-year veteran of the technology business. Buckley is the former 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. and Vice President of Red Hat Software (NASDAQ: RHAT RHAT Red Hat (stock symbol) RHAT Rainwater Harvesting Association of Tanzania RHAT Register Hba Attributes ), the leading developer and support provider of Linux operating system. Prior to Red Hat, Buckley was the Senior Vice President of Worldwide Sales at Seattle-based Visio Corp., where he grew the company from a start-up to an estimated $215 million in fiscal 1999. Visio was acquired by Microsoft (NASDAQ: MSFT MSFT Microsoft (stock symbol) MSFT Movimento Sociale Fiamma Tricolore (Italy) MSFT Multi-Stage Fitness Test MSFT Master of Science in Family Therapy MSFT Macalester Students for Fair Trade ) in 1999. Buckley has been instrumental in building some of the most successful start-ups in the computing industry, including Aldus, the company that created PageMaker, and Approach, a PC database company that was later sold to Lotus Development Corp. "I like to work with winners," says Buckley. "ChannelAdvisor has the leadership, the technology, the creativity and the team to dominate the industry. "I am looking forward to working with the Board and contributing to ChannelAdvisor's exciting future." The Entrepreneur of the Year program recognizes outstanding entrepreneurs who are building and leading dynamic and growing businesses. Wingo is now eligible for the National Entrepreneur of the Year awards program, which will culminate in Palm Springs, California Palm Springs is a famed Riverside County, California desert resort city, approximately 110 miles (177 km) east of Los Angeles and 140 miles (225 km) northeast of San Diego. As of the 2000 census, the city population was 42,807. in November 2004. "This award is about ChannelAdvisor, not Scot Wingo. Our team's hard work and dedication is reflected in it and we are honored to receive it," says Scot Wingo, CEO and President of ChannelAdvisor. "We are extremely pleased with our corporate performance thus far, and we look forward to continued success through the strong relationships we have built with our customers and partners such as eBay and Amazon.com." About ChannelAdvisor Corporation ChannelAdvisor provides technology and services that enable industry-leading companies, small businesses and individuals to use online marketplaces to acquire customers and maximize inventory yield throughout the product lifecycle. Our solutions combine best practices, innovative software applications and integration technology to dramatically accelerate marketplace performance. ChannelAdvisor's clients and strategic alliances include IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Best Buy, Sears, Motorola, eBay, Yahoo! and Amazon. ChannelAdvisor Corporation is headquartered in Research Triangle Park, NC. For more information, visit http://www.channeladvisor.com/. |
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