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C-ME.com Appoints William Butler Executive Vice President ALHAMBRA, Calif., September 15, 1999 -- C-ME.com (OTC-BB: CMEE), a business-to-business e-commerce company, today announced the appointment of William Butler to Executive Vice President. He brings more than 11 years of professional management and legal experience to the company. Most recently, he served as vice president, business development for LiveToPlay.com, an e-commerce business-to-consumer sports auction company. "Bill Butler adds solid marketing and e-commerce experience that C-ME.com needs to serve our retail partners and suppliers and secure our position as the leading business-to-business retail e-commerce company," said Frank Yuan, chairman and CEO of C-ME.com. "Bill's successful track record of building relationships with Internet portals, web sites, investors, and strategic partners, his impressive retail sales and distribution experience, and his legal training and experience strengthen our senior management team." Previously, Butler spent five years in the military division of Weber Distribution, a consumer packaged goods distributor to military commissaries and exchanges in the Western United States and Pacific Rim countries and one of the 100 fastest growing private companies in Los Angeles County in 1998. While he was vice president, business development and sales strategy, sales increased from $180 million to $360 million. He also spearheaded the company's acquisition of three competitors before leading the successful sale of the division in 1998. Butler practiced business law focusing on intellectual property transactions for the Los Angeles office of Baker & Hostetler in Cleveland, and obtained litigation experience as an associate attorney with the West Los Angeles firm Wehner & Perlman. He received his B.A. in political science from the University of Colorado at Boulder, and his Juris Doctorate from the University of Southern California Law Center in 1991. In 1999, he completed the Council of Logistics Management's Third Party Logistics program, run by Ohio State University. Formed in 1996, C-ME.com provides Internet turnkey solutions to streamline retailers' merchandise sourcing activities. The company's solutions include its proprietary Internet Sourcing Network ("ISN") - a private extranet that links the company's retail partners with their suppliers. The ISN provides retailers a desktop solution to reduce the cost of front-end merchandise sourcing activities while expanding the retailer's supplier base. Other services include Internet EDI (Electronic Data Interchange) - a platform that provides a more efficient way to process purchase orders, invoices, packing lists and shipping information and the Virtual Trade Show ("VTS"), located at www.c-me.com - a product showcase forum that allows retail buyers to quickly search among thousands of suppliers. C-Me.com's major retail partners include Factory 2-U Stores (Nasdaq: FTUS) and Burlington Coat Factory (NYSE: BCF). 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 the company's prospectus. |
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