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C-ME.com NAMES SERENA KOKJER-GREENING CHIEF OPERATING OFFICER PASADENA, CA -January 18, 2000 - Cyber Merchants Exchange, d.b.a. C-ME.com (OTC-BB: CMEE), a business-to-business service provider to the retail industry today announced it has appointed Serena Kokjer-Greening Chief Operating Officer. As Chief Operating Officer, Ms. Kokjer-Greening will oversee day-to-day operations, participate in long-term strategic planning, and drive development of new system features and services. "We're pleased to welcome Serena Kokjer-Greening to our management team," said John F. Busey, president of Cyber Merchants Exchange. "Because of her experience, Serena has a unique understanding of the retail industry's merchandise sourcing and management information systems. We believe her addition to our team adds depth to our service capabilities and objectives as we continue to execute our business plan to become the retail industry's global sourcing solution." Ms. Kokjer-Greening joins Cyber Merchants Exchange, from BoutiqueVillage.com in San Jose where she was a co-founder and vice-president of merchandising. She brings more than 25 years of senior management experience to the Company from positions with domestic and international multi-billion dollar retailers. Prior to co-founding BoutiqueVillage.com, Ms. Kokjer-Greening held positions as acting vice president of business development at FitWiz.com; vice president, merchandise systems support and education at DFS Group Limited (Duty Free Shoppers); vice president, planning and distribution and merchandise information officer at the Broadway Stores, Inc.; and positions as vice president of both vendor relations and information management at the former Carter Hawley Hale Stores Inc. Previously, she was vice president, general merchandise manager for women's ready-to-wear at Emporium-Capwell. Ms. Kokjer-Greening was on the executive committee of the board of directors for the Voluntary Interindustry Commerce Standards, and was the conference co-chairperson for the Industry Quick Response Conference. She also sat on the board of directors for the Weingart Center, a Los Angeles homeless shelter and the USC Commerce Associates in Los Angeles, and was the co-chairperson of the Los Angles Athletic Club board of governors. Ms. Kokjer-Greening attended Pine Manor College in Chestnut Hill, Massachusetts and has completed additional coursework at the Chamberlain School of Retailing in Boston, University of Southern California, Business School in Los Angeles and MIT's Alfred Sloan School for Information Technology in Cambridge, Massachusetts. Cyber Merchants Exchange, Inc. d.b.a C-ME.com's (www.C-ME.com) mission is to create the retail industry's solution for global merchandise sourcing activities. The company builds and maintains Internet Sourcing Networks, private extranets that enable retail buyers to streamline front-end merchandise sourcing activities from their desktops. C-ME.com's current retail partners include Factory 2-U Stores (NASDAQ: FTUS) and Burlington Coat Factory (NYSE: BCF). The Company also provides its subscribing vendors custom web design and hosting and the Virtual Trade Show ™ ("VTS"), a vertical marketplace for vendors to display their product in an open environment. Certain of the statements made herein constitute forward-looking statements that involve risks and uncertainties. In such instances, actual results could differ materially as a result of a variety of factors including the risks associated with the effect of changing economic conditions at home and abroad, variations in cash flow, reliance on collaborative retail customers, reliance on intellectual property legislation, use of proprietary un-patented technology, dependence on the Internet and on new product development, variations in new product and service development, risks associated with rapid technological change, and potential of introduced or undetected flaws and defects in products and services and other risk factors detailed in forms filed with the Securities and Exchange Commission from time to time. |
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