KENT, Conn., Aug. 17--Outpost.com today announced that its Chief Technology Officer, Raymond Karrenbauer has resigned effective immediately. Robert Lagerman, Vice President of Information Technology and Ken Isaacson, Vice President of Technical Services will assume his duties temporarily. Mr. Karrenbauer has left to pursue an opportunity at ING Groep, N.V.
"Safe Harbor" Statement: This release may contain forward-looking statements that are based upon management`s current expectations and are subject to certain risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by the forward-looking statements. Risks include the fact that the Company`s common stock may be delisted from The Nasdaq National Market, the uncertainty that the planned merger with PC Connection, Inc. will close, and other risks described in the Company`s Securities and Exchange Commission filings, as well as the Form S-4 Registration Statement filed by PC Connection on June 19, 2001. All information set forth in this press release is as of August 17, 2001, and the Company undertakes no duty to update this information, unless required by law.
Outpost.com, established in 1995, is a leading Internet retailer of consumer technology products. Outpost.com has been named the top-rated consumer shopping experience on the Web by the on-line shoppers` rating service Bizrate.com, receiving the "Circle of Excellence Award" for Holiday 2000 and the 1999, 2000 and 2001 #1 PowerRanking for Computing by Forrester Research. Today, Outpost.com has an existing customer base of over 1.4 million. The company has partnered with leading consumer electronics retailer Tweeter Home Entertainment Group. As a full service provider (FSP), Outpost.com provides its partners with e-commerce solutions encompassing site design, site maintenance, order management and fulfillment.