LAS VEGAS, June 6, 2001 (PRIMEZONE) -- (WITH PHOTO) PurchasePro(r) (Nasdaq:PPRO) today announced a change to its senior management team designed to add greater focus to the company's systematic and structured approach to its strategy.
The company said that it has appointed Allen Winder, 44, senior vice president worldwide field operations, to the positions of executive vice president and chief operating officer, succeeding Shawn McGhee, who retains his position as president.
Richard L. Clemmer, vice chairman and chief executive officer, said, "We are very pleased to have Allen Winder move smoothly into the role of chief operating officer, where his packaged software expertise and strong management abilities will be key to the execution of PurchasePro's vision and refocused strategy."
With more than 21 years of sales, marketing and operations experience in the technology industry prior to joining PurchasePro, Mr. Winder previously served as Vice President and General Manager of J.D. Edwards World Solutions Company, where he was responsible for marketing, sales, business partner and channel management, and consulting services for private and public vertical industries. He was also responsible for the strategic direction of territory verticals worldwide. Winder created the first vertically oriented business unit within J.D. Edwards.
Mr. Winder, who will retain responsibility for worldwide sales, will add technology, marketing, consulting services, strategic alliances and channel management to his portfolio of charges. Mr. Winder said, "I look forward to the challenges that lie ahead. PurchasePro is a strong company with a bright future. Working with Richard Clemmer at the helm and the senior management team, I have absolute confidence that together with our loyal and dedicated employees, we will restore this company to stability and sustained growth."
About PurchasePro
PurchasePro(r), www.purchasepro.com, a leader in business-to-business e-commerce, operates the PurchasePro(r) global marketplace, encompassing more than 155,000 businesses and powering hundreds of private-label marketplaces. PurchasePro(r) provides the following business-to-business e-commerce solutions: e-Procurement for corporate procurement, v-Distributor for online distributors, e-MarketMaker for Internet market makers and e-Source for strategic sourcing.
This news release may include forward-looking statements, which are subject to the ``Safe Harbor'' created by Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements involve certain risks and uncertainties that can cause actual results to differ materially from those in the forward-looking statements. These forward-looking statements represent only the views of certain members of management and are based on limited information available to us now, which is subject to change. We have no current plan to update these statements. Actual results may differ substantially from what we say today and no one should assume at a later date that the forward-looking statements provided herein are still valid. They speak only as of today.
For more information about these risks and uncertainties, see the SEC filings of PurchasePro Inc., including the section titled "Factors That May Affect Results" in its 10-K filing for the period ended December 31, 2000, and its 10-Q for the quarter ended March 31, 2001, which are available from the company on request and on the Internet at the SEC's Website, www.sec.gov.
Note: PurchasePro is a servicemark of PurchasePro.com Inc. All other trademarks or registered trademarks are the property of their respective owners.
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