Current Report — Form 8-K
Filing Table of Contents
Document/Exhibit Description Pages Size
1: 8-K Other Events 4 15K
2: EX-20.1 Letter of Resignation 2 7K
3: EX-99.1 Press Release Dated March 25, 1998 2 8K
4: EX-99.2 Press Release Dated March 31, 1998 2 7K
EX-99.2 — Press Release Dated March 31, 1998
EX-99.2 | 1st Page of 2 | TOC | ↑Top | Previous | Next | ↓Bottom | Just 1st |
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EXHIBIT 99.2
PRESS RELEASE DATED MARCH 31, 1998
9
COMPANY RELEASE
SHOPPING.COM ANNOUNCES BOARD OF DIRECTOR CHANGES
MARCH 30, 1998 03:00 PM
CORONA DEL MAR, Calif., March 30 -- Shopping.com IBUY, Robert J. McNulty, Chief
Executive Officer of Shopping.com announced the following changes to the Board
of Directors of the company.
"Because of his commitment to his shareholders to devote his time to early stage
incubator companies and his commitment to them not to serve on boards of public
companies, Mr. Bill Gross has resigned as our chairman. During his term, Bills
intense knowledge of the Internet and technology has helped lead Shopping.com to
the state-of-the-art level at which we currently operate. Bill leaves
Shopping.com management with his vision toward the future, and as one of our
major shareholders we hope to continue to avail ourselves of his knowledge."
"We are also pleased to announce the addition of Mr. Frank Denny to our board.
Mr. Denny brings over 30 years of broad retail experience to the company. Mr.
Denny is a pioneer in the retail industry; his multi product category and store
format experience make him a perfect candidate to help direct our focus in the
emerging Internet retail industry."
Mr. Denny was the founder of Builders Square which, over a period of six years,
he expanded into a 145 store franchise operation with annual revenues of
approximately 2.0 billion dollars. In addition he held the position of president
and CEO of W.R. Grace home centers, the first national chain of home centers.
Mr. Denny was an officer of the Home Center institute and a charter member of
the National Home Center Congress and Exposition. He was a founder of the DIY
(Do It Yourself) Research Institute based in Indianapolis Indiana. Mr. Denny
completed the Harvard University Retail Management and Harbridge House Retail
Management School Programs.
Shopping.com is an innovative Internet-based electronic retailer that markets a
selection of brand name consumer and commercial products at low prices via its
website. Utilizing state-of-the-art proprietary technology, Shopping.com offers
Internet shoppers over one million products, ranging from automotive parts and
accessories to books, office supplies and music CDs. Visit Shopping.com at
www.shopping.com -SOURCE Shopping.com .
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Dates Referenced Herein
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Filed on / For Period End: | | 3/31/98 | | 1 | | | | | None on these Dates |
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