David Marsh Appointed Chief Executive Officer of RNetEC.SACRAMENTO, Calif.--(BUSINESS WIRE)--Nov. 3, 1999-- RNetEC is pleased to announce the appointment of David Marsh as President and Chief Executive Officer. Mr. Marsh brings a broad business and technology background to his new position. Prior to joining RNetEC, Marsh was VP and CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. of Pierce Leahy Corp, an information management firm headquartered in Philadelphia, PA. Previously, Mr. Marsh served in various management positions with: MIT MIT - Massachusetts Institute of Technology ; MEA MEA Multiple endocrine adenomatosis. See Multiple endocrine neoplasia. Management Systems; Public Service Company of New Hampshire New Hampshire, one of the New England states of the NE United States. It is bordered by Massachusetts (S), Vermont, with the Connecticut R. forming the boundary (W), the Canadian province of Quebec (NW), and Maine and a short strip of the Atlantic Ocean (E). ; Booz, Allen and Hamilton; and The Chase Manhattan Bank The Chase Manhattan Bank, now part of JPMorgan Chase, was formed by the merger of the Chase National Bank and the Bank of the Manhattan Company in 1955. The bank is headquartered in New York City. . Mr. Marsh holds Masters degrees in Management and Nuclear Engineering from MIT and a BS degree in Electrical Engineering from the University of Salford The University of Salford is a university situated in the city of Salford in Greater Manchester, England, United Kingdom. It was founded in 1896 as the Royal Salford Technical Institute, and gained its Royal Charter and full university status in 1967. , U.K. "We anticipated the present explosive growth in e-commerce when we formed RNet in 1996," said Michael Mauerer, Founder and Chairman of RNetEC. "Our vision is to be the ultimate electronic trade show creating friction free commerce for the retail industry. Mr. Marsh brings the background and experience to firmly establish RNet as a leader in this exciting new market." "RNet has a substantial technological and business head start in a market that is forecast to reach $1.3 trillion by 2003," said David Marsh. "Our rich catalog information will become a crucial ingredient to succeed in e-commerce. The people of RNet are capable and innovative and I am delighted to be a part of this organizational team." Mr. Marsh identified his immediate priorities as: "... finalizing our new business plan, completing an important third round of financing, establishing strategic alliances with other e-commerce players, and continuing to recruit the very best people. I am excited about the market opportunity RNet has and the company's future outlook," Marsh said. RNetEC provides electronic catalog and trading services that facilitate business to business and, in turn, business to consumer electronic commerce to the retail industry. Its services include Web based electronic catalog services, auctioning, order processing, direct partner trading, and other value-added services to the retail industry. RNet has an impressive list of over 60 companies currently using its catalog service, including Adidas, Columbia Sports Wear, Nautica, New Balance, Nike, The North Face, Puma, Reebok Ree´bok` n. 1. (Zool.) The peele. , Rockport, Stride Rite, Timberland and Wrangler wran·gler n. 1. One who wrangles or quarrels. 2. A cowboy or cowgirl, especially one who tends saddle horses. Noun 1. . For more information on RNetEC and its services, contact the RNet Marketing Department at 1-888-763-8334, or visit our Website: www.RNet-EC.com. |
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