Damark Completes ClickShip Direct Executive Team.Business Editors MINNEAPOLIS--(BUSINESS WIRE)--Feb. 17, 2000 Bob Adkinson Named VP &Chief Information Officer and Daniel Griffin Named VP Sales &Marketing DAMARK 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 : DMRK) announced today the appointment of Bob Adkinson as Vice President and Chief Information Officer and Daniel Griffin as Vice President Sales and Marketing for the Company's ClickShip Direct, Inc. subsidiary. &uot;We are delighted to have attracted these two extremely talented individuals to key leadership positions&uot;, said Mark A. Cohn, Chairman and Chief Executive Officer of DAMARK and ClickShip Direct. &uot;Bob and Dan both bring years of relevant experience and well-honed management skills to ClickShip Direct. They join a team of highly motivated and proven industry professionals committed to competing and winning in the exciting and fast growing e-fulfillment industry.&uot; Bob Adkinson comes to ClickShip Direct from Jostens, Inc. where he was Vice President and Chief Information Officer. At Jostens, he led a &uot;best practices&uot; reengineering effort of the information systems organization that was praised by a leading industry group as &uot;world class&uot; and resulted in lower costs and improved operating efficiency. Mr. Adkinson also spent more than 20 years in information systems at the former Dayton Hudson organization, now known as Target Corporation. Daniel Griffin has over 20 years of experience in technology sales and marketing. Most recently he was Vice President of Sales, Marketing, and Operations for Insignia Systems, with responsibility for developing and implementing cost-effective marketing strategy and managing corporate operations. Mr. Griffin has been employed by Lawson Software, Informix Software, J. D. Edwards J.D. Edwards, also called JDE, is a software company founded in March 1977 in Denver, Colorado by Jack Thompson, C.T.P."Chuck" Hintze, Dan Gregory and Ed McVaney. The company made its name building accounting software for IBM minicomputers, beginning with the System/34 and , Cullinet Software, and 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) Corporation in various sales management positions. ClickShip Direct, Inc. provides corporate clients in the &uot;e-tailing&uot;, &uot;clicks &mortar&uot; retailing, and consumer goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and manufacturing industries with enabling business-to-consumer e-commerce services including order management, product fulfillment, and customer care. These services are provided from a headquarters facility in Minneapolis, Minnesota; customer care centers in Junction City, Kansas Junction City is a city in Geary County, Kansas, United States. The population was 18,886 at the 2000 census. It is the county seat of Geary CountyGR6. Fort Riley, a major U.S. Army post, is nearby. and Fayetteville, North Carolina Fayetteville is a city located in Cumberland County, North Carolina. As of the 2000 census, the city had a total population of 121,015. It is the county seat of Cumberland County GR6, and is best known as the home of Fort Bragg, a U.S. ; and a distribution center in Brooklyn Park, Minnesota Brooklyn Park is a city in Hennepin County, Minnesota, United States. As of 2005, it had a population of 66,408. It is a northwestern suburb of Minneapolis, Minnesota. Geography According to the United States Census Bureau, the city has a total area of 68.8 km² (26. . ClickShip is currently a wholly-owned subsidiary of DAMARK International, Inc. incorporated in January 2000. DAMARK International, Inc., develops, markets, and manages leading edge membership programs that provide purchase price discounts and other benefits related to consumer and small business needs in the areas of shopping, travel, hospitality, entertainment, health/fitness, and finance. As of December 31, 1999, consumers enjoyed benefits provided through over 2.2 million DAMARK-managed memberships. The Company is headquartered in Minneapolis, Minnesota and was founded in 1986. Any statements herein regarding the business of ClickShip Direct, Inc. and DAMARK International, Inc., that are not historical facts are &uot;forward-looking statements&uot; intended to qualify for the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions from liability provided by the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. For a discussion of general risks and uncertainties that could cause actual results to differ from those implied by any forward looking statement, see &uot;Forward-Looking Information&uot; in DAMARK's most recent Quarterly Reports on Form 10-Q Form 10-Q See 10-Q. and Annual Report on Form 10-K as filed with the SEC. |
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