Speed Commerce Partners With Veterans Canteen Service to Provide End-to-End E-Commerce Solution

Engagement Builds Upon Speed Commerce's Successful Partnerships With Other Military Exchange Services


DALLAS, May 26, 2015 (GLOBE NEWSWIRE) -- Speed Commerce, Inc. (Nasdaq:SPDC), a leading provider of ecommerce technology and omni-channel solutions for retailers, has partnered with the Veterans Canteen Service (VCS), the resale entity for the Department of Veterans Affairs, to build and operate a direct-to-consumer ecommerce solution, including order management, fulfillment and customized customer care.

The VCS operates over 170 retail locations which provide a variety of products to its customer base of military veterans and their families. They are committed to providing exceptional quality, service and value by offering a wide range of products in health & beauty care, entertainment & electronics, gifts & stationary, and full lines of men's and women's clothing.

"Our multi-year agreement with the VCS is a testament to our fully-integrated ecommerce technology," said Richard Willis, president and CEO of Speed Commerce. "We are thrilled to have the opportunity to provide the millions of eligible VCS shoppers with a complete ecommerce solution that we expect to deliver a seamless online shopping experience. This engagement also builds upon our successful partnerships with the Army & Air Force and Navy Exchange Services, and we are proud to support their unique missions of better serving brave military members and their families."

Speed Commerce expects the new, fully-integrated solution to be live in time for the 2015 holiday season.

About Speed Commerce

Speed Commerce, Inc. (Nasdaq:SPDC) is a single-source provider of ecommerce technology and services that help retailers and manufacturers acquire new customers by providing personalized, relevant experiences. Services include ecommerce platform development; hosting, managed ecommerce, and marketing services; order and inventory management; pick, pack, and ship; returns processing; and 24/7 customer care. For additional information, please visit the company's website at www.speedcommerce.com.

Safe Harbor

The statements in this press release that are not strictly historical are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995 and are intended to be covered by the safe harbors provided therein. The forward-looking statements are subject to risks and uncertainties, and the actual results that the company achieves may differ materially from these forward-looking statements due to such risks and uncertainties, including, but not limited to: difficult economic conditions that adversely affect the company, or its customers and vendors; the company's revenues being derived from a small group of customers; pending or prospective litigation may subject the company to significant costs; the seasonal nature of the company's business; the company's ability to adapt to the changing demands of its customers or vendors; the potential for the company to incur significant costs and to experience operational and logistical difficulties in connection with its information technology systems and fulfillment infrastructure; the company's dependence on significant clients and vendors; the company's ability to meet significant working capital requirements; and the company's ability to compete effectively in the highly competitive retail distribution and e-commerce services industries. In addition to these, a detailed statement of risks and uncertainties is contained in the company's reports to the U.S. Securities and Exchange Commission (the "SEC"), including, in particular, the company's proxy materials, the company's Form 10-K filings, as well as its other SEC filings and public disclosures.


            

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