Eqos Appoints Joseph Laughlin to Board of Directors; U.S. Retail Executive Expands Global Perspective
Burlington, Mass, US & London, UK - Nov 21, 2006 - Eqos, Inc. (www.eqos.com), the leading provider of global sourcing and supplier management solutions for the retail supply chain, today announced the appointment of Joseph E. Laughlin to the company's Board of Directors. A well respected industry veteran, Laughlin was the CEO of Agentrics LLC and founder and CEO for its predecessor company, GNX (GlobalNetXchange). He has also held executive leadership positions with Sears, Roebuck and Co., Wells Fargo and Company, and Booz Allen & Hamilton.
Lee Tate, chairman of Eqos' Board of Directors, said, "Joe Laughlin brings a proven track record of leadership and success in global retail and technology to our Board. His market perspective, insight and understanding will be invaluable to Eqos as we drive aggressive market growth strategies throughout the retail sector, particularly in the U.S. We believe Joe's executive retail experience will be a tremendous asset to our company as we continue to extend the company's reach into the U.S. and other international environments.
Laughlin formerly served as CEO of Agentrics, a business-to-business electric marketplace and software and technology solutions provider for the global retail industry. Agentrics was formed as a result of a merger between GlobalNetXchange LLC (GNX), a company founded by Laughlin, and World Wide Retail Exchange LLC. Previously, Laughlin served as senior vice president of corporate finance and business development for Sears, Roebuck and Co. Prior to joining Sears, he was senior vice president for strategy at Wells Fargo Bank. Previously, Laughlin worked for the U.S. Treasury Department. Laughlin also served on the Board of Directors of Advance Auto Parts, Homelife Furniture Corp., and Sears of Mexico. In addition, he is a past Board member and volunteer for United Way of the Bay Area and Junior Achievement of the Bar Area.
Laughlin stated, "I am delighted to have the opportunity to serve on Eqos' Board of Directors and help the company accelerate growth in the global retail marketplace. Eqos offers the leading business-to-business collaboration technology platform and world class software applications that enable retailers and manufacturers to manage the global sourcing of private label products collaboratively with suppliers."
About Eqos, Inc
Eqos is a leading provider of global sourcing and supplier management solutions for the retail supply chain. Founded in 1997, Eqos has offices in the UK and the US. Eqos' solutions streamline processes from product concept through development, buying, manufacturing and delivery to the retailer. Eqos' solutions are built on its award-winning collaboration platform that enables the rapid configuration of processes between retailers, their suppliers, buying offices and other trading partners. Today, Eqos' solutions are used by major retailers such as Best Buy, Debenhams, Sainsbury's, Tesco and Virgin Megastores. More information can be found at www.eqos.com
For further information, please contact:
Dayna Guzik, DPR Group Inc, USA
Tel: +1 919 678 9200
E-mail: dguzik@dprgroup.com
Linda Laderman @ Laderman PR
Tel: +44 (0)20 7436 6676
Fax: +44 (0)20 7580 0555
E-mail: lindal@ladermanpr.co.uk
