Former Rackable Systems CEO Joins Board of Leading E-Commerce Order Fulfillment Company
LAS VEGAS, NV -- November 11, 2008 -- Webgistix Corp., the leader in e-commerce order fulfillment, today announced the appointment of Thomas K. Barton to the Webgistix Board of Directors, effective October 24, 2008.
“I look forward to helping Webgistix accelerate its domestic and global expansion to meet rapidly growing demand by e-commerce retailers for fast, accurate and efficient order fulfillment services,” said Barton. “Consumers around the world want timely and cost-effective online order fulfillment and I see tremendous potential for Webgistix to seize this market opportunity with the e-commerce industry’s most advanced and reliable fulfillment platform.”
Barton brings extensive experience to Webgistix in general management, business development, sales and client services. Most recently he served as President, Chief Executive Officer and a member of the Board of Directors at Rackable Systems (Nasdaq: RACK). Prior to that he was a Venture Partner and Entrepreneur in Residence at Lightspeed Venture Partners. Previously, Barton was Senior Vice President of Client Services at Red Hat, Inc. (NYSE: RHT), which he joined via its acquisition of Cygnus Solutions. While at Cygnus Solutions, Barton held several leadership positions in business development, sales and client services as well as interim CEO.
Barton started his career at McKinsey Consulting and holds an A.B. in History, a B.S. in Industrial Engineering and an M.B.A. from Stanford University.
“Tom is a strategic addition to the Webgistix Board of Directors who will help us extend our leadership position in e-commerce fulfillment, the one segment of the e-commerce supply chain that is highly fragmented,” said Joseph DiSorbo, President of Webgistix. “Tom’s executive experience in managing rapid growth while leading Rackable Systems through its public offering will be invaluable for Webgistix. That experience, combined with his background in international business, client service, and mergers and acquisitions while at Cygnus Solutions, adds a wealth of knowledge and insight to the Webgistix board. In addition, his experience as a venture capitalist at Lightspeed Venture Partners enables him to bring an important perspective to the team.”
With online sales in the United States growing rapidly, e-commerce retailers represent a rapidly growing market segment that requires outsourced fulfillment services. Internet Retailer Magazine expects online sales in the United States to reach $1 trillion within the next ten years. In 2007, online retail sales in the U.S. reached $169.5 billion, an increase of 21.8 percent from a year earlier. Unlike traditional fulfillment companies that process orders manually, Webgistix has developed a state-of-the-art software as a service (SaaS) solution known as SmartFill that automates the entire fulfillment process. There is almost no human intervention, which improves order accuracy, reduces costs for retailers, and accelerates the delivery of merchandise to consumers.
About Webgistix
Webgistix is a global leader in e-commerce fulfillment. The Webgistix approach is based on its innovative SmartFill™ technology -- the e-commerce industry’s most scalable, efficient and reliable fulfillment platform. Webgistix’s automated solution helps ensure fast and accurate order fulfillment, and is fully customizable for e-commerce retailers of all sizes around the world. For more information, visit www.webgistix.com.