Chris Moore Joins dNet as President and CEO; Successful Entrepreneur to Lead Expansion Into the Immediate Delivery Marketplace for E-Commerce Purchases.Business Editors & High-Tech Writers SAN FRANCISCO--(BUSINESS WIRE)--March 13, 2000 dNet, the "Immediate Delivery" company, today announced the appointment of Chris Moore Moore, city (1990 pop. 40,761), Cleveland co., central Okla., a suburb of Oklahoma City; inc. 1887. Its manufactures include lightning- and surge-protection equipment, packaging for foods, and auto parts. as its new 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. and member of the Board of Directors. Moore is tasked with leading the company in the rapidly emerging marketplace for immediate local delivery, tackling the challenge of closing the chasm between the e-commerce allure of convenience and immediacy im·me·di·a·cy n. pl. im·me·di·a·cies 1. The condition or quality of being immediate. 2. Lack of an intervening or mediating agency; directness: the immediacy of live television coverage. , and the reality of putting goods promptly into the hands of customers. "E-commerce buyers are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. immediate gratification GRATIFICATION. A reward given voluntarily for some service or benefit rendered, without being requested so to do, either expressly or by implication. with their on-line purchases. Overnight delivery has been the standard for speed of delivery but just doesn't cut it in the age of 'Internet Time,'" said Moore. "dNet offers a revolutionary approach, make a purchase on-line and have it delivered to your door within 60 minutes." Until now there has been no method to provide immediate delivery of goods purchased on-line. Despite the promise of the Internet as a virtual marketplace, there is a huge gap between real-time purchase and payment, and delivery options which have historically been limited to slower overnight or multi-day service levels. dNet weaves local delivery providers into a qualified "network" that is far more powerful and marketable Marketable are securities that can be easily converted into cash. Such securities will generally have highly liquid markets allowing the security to be sold at a reasonable price very quickly. than the sum of its individual parts, enabling e-commerce firms to provide immediate delivery of electronic orders to their customers. "Chris Moore will be a tremendous asset to dNet because of his entrepreneurial en·tre·pre·neur n. A person who organizes, operates, and assumes the risk for a business venture. [French, from Old French, from entreprendre, to undertake; see enterprise. experience in building highly successful companies in emerging markets," said Greg Kidd, founder and chairman of the Board of Directors of dNet. "dNet's business model is very similar to the highly successful business Chris built at iPass and his leadership will ensure that dNet takes full advantage of the overwhelming market opportunity." Moore brings over 19 years of sales, marketing and development experience in the software and services industry to dNet. Before joining dNet, Moore was president and CEO of iPass, the leader in IP settlement services, a company he founded in January 1996. Prior to iPass, Moore was president of International Messaging Associates, and also served as managing director of General Magic's Asia-Pacific region. Moore also held engineering and marketing management positions at Touch Communications Touch Communications, Inc. an OSI networking company of the 1980s, was founded in 1985 in Santa Cruz, California. For several years Touch Communications was located in Scotts Valley, eventually moving to Campbell and being acquired by SAIC. (now Worldtalk) and The Wollongong Group (acquired by Attachmate). Moore has been a featured speaker at conferences such as Internet World, ISPCON ISPCON Internet Service Provider Convention (The Golden Group, Inc.) , and NetWorld + Interop. "Chris is a rare individual -- one who understands the challenges of quickly establishing a business in a new market space as well as knowing the kinds of business processes needed to sustain rapid revenue growth," said Tom Litle, general partner of Industry Ventures. "Under his guidance, I expect dNet to firmly establish a leadership position in the immediate delivery marketplace for e-commerce purchases." About dNet dNet, the "Immediate Delivery" company, enables delivery of e-commerce purchases within 60 minutes. Combining a unique business model with our strategic settlement platform, dNet links e-commerce vendors to local delivery firms throughout the world to provide immediate delivery of goods. dNet service is available today through more than 4,000 delivery personnel covering over 50% of the metropolitan U.S. population. dNet is headquartered in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden and is privately funded. Additional information can be found at http://www.dnet.com. |
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