ComAlliance Announces New Clients, Leases Additional Space for Accelerating E-Fulfillment Business.PORTLAND, Ore.--(BUSINESS WIRE)--Sept. 22, 1999-- Company is Exploring Strategies To Maximize Value ComAlliance, Inc. today announced that it has leased additional warehouse space to accommodate a growing list of clients for its logistics services. ComAlliance provides e-fulfillment, order processing and inventory management services to Internet retailers and wholesalers and to other businesses requiring just-in-time fulfillment. The company's primary distribution center is on the grounds of Airborne Freight Corporation's (NYSE NYSE See: New York Stock Exchange :ABF ABF Arbetarnas BildningsFörbund ABF American Breakfast (Thailand Hotels) ABF Associated British Foods plc (London, UK) ABF Association des Bibliothecaires Francais (French) ) private airpark air·park n. A small airport typically located near a business area or industrial park. in Wilmington, Ohio For other places with the same name, see Wilmington (disambiguation). Wilmington is a city in Clinton County, Ohio, United States. The population was 11,921 at the 2000 census. It is the county seat of Clinton County. . The new space is in nearby Columbus, Ohio Columbus is the capital and the largest city of the American state of Ohio. Named for explorer Christopher Columbus, the city was founded in 1812 at the confluence of the Scioto and Olentangy rivers, and assumed the functions of state capital in 1816. , close to a regional hub for Federal Express Corp., a subsidiary of FDX See full-duplex. fdx - full-duplex Corp. (NYSE:FDX). Michael Lightbourne, ComAlliance's Executive Vice President of Marketing said, "We need the additional space due to the surging square footage requirements of clients, I fully expect to utilize all of this additional space within 30 to 60 days. In light of these expectations, the company is taking immediate action to obtain aeb at http://www.comalliance.com. Ron Bere with the tools and the independence to fully lance President will appoint a Chief Financial Officer. ComAlliance's fulfillment operation can accept an online order with a credit card until midnight (ET) and deliver the product by noon the next day, using a variety of air and ground delivery options. The distribution center operates 24 hours a day, seven days a week. Ed Barnick, Executive Vice President of Distribution for ComAlliance said, "The hard work and attention to customer service provided by the warehouse staff has allowed us to expand our fulfillment services much faster than would otherwise have been possible. We look forward to continued growth as more Internet retailers recognize the quality of service we provide." Rentrak Corporation, through its PPT(R) system, is the world's largest distributor of pre-recorded videocassettes on a revenue-sharing basis. The company directly services retailers throughout the U.S. and Canada and, through affiliated companies Affiliated Companies A situation that occurs when one company owns a minority interest (less than 50%) in another company. Also refers to companies that are related to each other in some way. Notes: An affiliated company is sometimes referred to as a subsidiary. , supplies a growing number of international outlets in Japan and the United Kingdom. Rentrak's corporate Web site is http://www.rentrak.com. When used in this discussion, the words "anticipates," "expects" and similar expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. Factors that could affect the company's financial results include customer demand for videocassettes subject to company guarantees and Rentrak customers continuing to comply with the terms of their agreements. Additional factors that could affect the company's financial results are described in the company's March 31, 1999, annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. , filed with the Securities and Exchange Commission. Results of operations in any past period should not be considered indicative of the results to be expected for future periods. Investor Contact: Rick Nida, Rentrak Corporation, 503-284-7581, Ext. 295 or Don Kundinger, Jackson Hole Jackson Hole, fertile Rocky Mt. valley, c.50 mi (80 km) long and 6 to 8 mi (9.6–12.8 km) wide, NW Wyo., partly in Grand Teton National Park. Jackson Lake, 39 sq mi (101 sq km), a natural lake through which the Snake River flows, was dammed in 1916 to control Advisors, 307-886-3881. |
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