| [January 26, 2005] |
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Technology Veteran Ken Hawk Joins Newgistics Advisory Board; Seasoned Executive Brings Expertise to Leading Returns Management Company
AUSTIN, Texas --(Business Wire)-- Jan. 26, 2005 -- Newgistics, Inc., the leader in returns management solutions for direct retailers, today announced the appointment of Ken Hawk to the Newgistics Advisory Board. Hawk is a successful entrepreneur with over 20 years of experience building businesses involving mobile computing, wireless communications and semiconductors. He is currently Managing Director of Arbor Partners, an early stage venture capital investor in Ann Arbor, Michigan.
"Newgistics' SmartLabel solution shines a light on the black hole of merchandise returns," said Ken Hawk. "Leveraging innovative technology, Newgistics makes the return process seamless for retailers and consumers -- transforming returns from a hassle into a competitive advantage for retailers and a pain-free experience for consumers."
Prior to joining Arbor Partners, he was the CEO of NemeriX SA, a pioneer in low-power GPS chipsets and software. Hawk was the founder and CEO of iGo, which designs, develops and markets accessories for mobile devices. Ken lead iGo from startup through successful NASDAQ IPO in 1999 and sale of iGo to Mobility Electronics in early 2002. Hawk's high-tech career includes senior management positions at Microsoft, Venture Manufacturing Singapore (IPO on the SESDAQ in 1992), and Silicon Systems, Inc., (bought by TDK in 1988). Hawk holds a master's degree in business administration from Stanford University and a bachelor's of science in electrical engineering from the University of Michigan.
"Ken joins Newgistics' Advisory Board with a strong history in leading, managing and maintaining successful technology companies," says Ray Greer, president and CEO of Newgistics. "As Newgistics expands its capabilities in managing returns, Ken's experience in the industry will prove invaluable."
The Newgistics Advisory Board was created to ensure continued progress in returns management services for multi-channel retailers and guide the development of future services. The Newgistics Advisory Board consists of industry leaders whose insights and expertise ensure that SmartLabel (TM) continues to gain momentum as the leading retail returns management solution. Hawks' peers on the Newgistics Advisory Board include Richard Marcus, chairman of Zales and previous CEO of Neiman Marcus, Rob Bernard, CEO of Alloy, President and COO of J.Crew, and former CEO of The Limited Stores, Melanie Kusin, Senior Partner at Heidrick & Struggles, Cynthia Cohen, founder and president of Strategic Mindshare, a marketing and strategy firm and M. Shan Atkins, the managing director of Chetrum Capital LLC.
About Newgistics
Based in Austin, Texas, Newgistics, Inc. (www.newgistics.com) is the leader in returns management solutions for the direct retail industry. Newgistics' patent-pending Intelligent Returns solution delivers the most convenience for customers while maximizing control of the returns process for retailers. Newgistics' SmartLabel(R) drives customer loyalty and increases profitability for leading retailers like Neiman Marcus, J.Crew, Eddie Bauer and Abercrombie & Fitch.
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