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CyberShop Appoints Former News Corp Executive Jeffrey Leist as Senior Vice President and Chief Operating Officer.


Long-Time News Corporation Executive Brings Years of

Operations and Technology Expertise to Leading Online Retailer

In its ongoing effort to provide customers with outstanding service and convenience, CyberShop(R) International, 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
: CYSP), a leading online retailer, today announced the appointment of Jeffrey Leist to the position of Senior Vice President and 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.
.

Leist, a veteran of Rupert Murdoch's News Corporation (NYSE NYSE

See: New York Stock Exchange
: NWS NWS National Weather Service
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NWS New World Symphony
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) brings 25 years of financial and administrative experience in print, broadcast, film and the Internet. Most recently, Leist served as Chief Operating Officer and Chief Financial Officer of News America Digital Publishing composed principally of News Corp's commercial Internet sites, which previously was part of a joint venture with MCI (1) (Media Control Interface) A high-level programming interface from Microsoft and IBM for controlling multimedia devices. It provides commands and functions to open, play and close the device.

(2) (Microwave Communications Inc.
 (NASDAQ: WCOM WCOM MCI/Worldcom (stock symbol)
WCOM Windows Component Object Model
WCOM Wireless Communication
). This operation included, TV Guide Online, the Fox Sports and the Fox News websites, Kesmai and News Internet Services. During Leist's tenure, News Corp's American properties grew from a $30 million business to a $17 billion company.

Leist will be responsible for all operations at CyberShop, including management of customer service, distribution and fulfillment, systems development, financial operations and merger and acquisition activity.

"We are extremely excited by the addition of Jeff Leist to the CyberShop ranks," said Jeff Tauber, CyberShop's Chairman 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. . "Jeff's years with the News Corporation and his well-demonstrated ability to effectively manage and grow technology based operations, will make him a welcome and invaluable asset to the company."

Leist will also assist in the further development of CyberShop's existing strategic marketing agreements with America Online (NYSE: AOL), Excite (NASDAQ: XCIT), Microsoft's MSN (NASDAQ: MSFTCyberShop's new COO. "Building on this foundation, I look forward to contributing to CyberShop's growth strat the paper's Chief Financial Officer.

About r Shopping channel or by using keyword 'cybershop.' egift can be found on the World Wide Web at http://www.egift.com and electronics.net, CyberShop's joint venture with Tops Appliance City (NASDAQ: TOPS) can be found on the World Wide Web at http://www.electronics.net.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:8AUST
Date:Feb 8, 1999
Words:324
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