Speed Commerce Nominates Lynn Atchison for Election to Its Board of Directors


MINNEAPOLIS, Sept. 12, 2013 (GLOBE NEWSWIRE) -- Speed Commerce (Nasdaq:SPDC), a vertically integrated, multi-channel platform of e-commerce services and distribution solutions, has nominated Lynn Atchison to its board of directors. She will stand for election at Speed Commerce's annual shareholder meeting, which will be held on October 23, 2013. The board of directors will remain at nine if Lynn is elected, with seven directors serving independently.

"Lynn will bring to Speed Commerce 30 years of finance and accounting experience with a specific focus on internet-based businesses," said Timothy Gentz, chairman of Speed Commerce. "We look to benefit from her advice and guidance as we continue to build our unique, end-to-end e-commerce services and retail distribution platform."

Since 2006, Lynn has served as CFO of HomeAway (Nasdaq:AWAY), an internet-based operator of the world's largest online marketplace for the vacation rental industry. She was previously CFO of Infoglide Software Corporation, an enterprise software provider. Prior to Infoglide, for seven years Lynn served as CFO and vice president of finance and administration of Hoover's, provider of the world's largest business directory, until it was acquired by Dun & Bradstreet in 2003. She began her career in public accounting, serving for eight years with Ernst & Young. Lynn earned her B.B.A. in accounting from Stephen F. Austin State University.

About Speed Commerce

Founded in 1983, Speed Commerce (Nasdaq:SPDC) provides a vertically integrated, multi-channel platform of e-commerce services and distribution solutions to retailers and manufacturers. The company uniquely offers retail distribution programs, web site development and hosting, customer care, e-commerce fulfillment, and third party logistics services. For additional information, please visit the company's website at www.speedcommerce.com.

Safe Harbor

The statements in this press release that are not strictly historical are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995 and are intended to be covered by the safe harbors provided therein. The forward-looking statements are subject to risks and uncertainties, and the actual results that the company achieves may differ materially from these forward-looking statements due to such risks and uncertainties. A detailed statement of risks and uncertainties is contained in the company's reports to the U.S. Securities and Exchange Commission. The forward-looking statements included in this press release are made only as of the date of this report and the company undertakes no obligation to update these forward-looking statements to reflect subsequent events or circumstances.



            

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