WCO Appoints Joe Dugan Chief Executive Officer and David Parker Chairman
World Commerce Online, Inc. (OTCBB:WCOL), a leader in technology business solutions
for the global perishable products industries, announced management changes. As a result of the strategic actions
taken to focus World Commerce Online on providing e-commerce business solutions to the perishables
industry worldwide, the Board of Directors have approved the following changes in executive management.
March 12, 2001; ORLANDO, Fla.--(BUSINESS WIRE); http://www.thefreelibrary.com/WCO+Appoints+Joe+Dugan+Chief+Executive+Officer+and+David+Parker...-a071575726
Mr. Joe Dugan, currently President, will assume the additional role of
Chief Executive Officer. Mr. Dugan has had an extensive background in technology leadership for
Answerthink Consulting, Oracle and Cambridge Technology Group. Mr. Poole, who Mr. Dugan is succeeding
as CEO, will continue to serve WCO as a member of the Board of Directors.
Mr. David Parker, currently a member of the board, will assume the role of non-executive Chairman of
the Board of Directors. Mr. Parker will continue in his current role as Managing Partner of Interprise
Technology Partners, L.P., a major shareholder of WCO. Mr. Robert Shaw, previous Chairman of WCO will
continue to serve WCO as a member of the Board of Directors. Mr. Parker has had an extensive background
in leading companies in supply chain management, logistics and food distribution.
Mr. Parker stated, "The board has taken these actions to recognize Mr. Dugan for the leadership he has
provided in developing the e-commerce technology solution strategy and it's implementation. We also
want to thank Mr. Shaw and Mr. Poole for their enormous efforts in guiding the company to this point.
Both will continue to be valued as members of the board for their advice and counsel."
About World Commerce Online
Founded in 1994, WCO (OTCBB:WCOL) is a technology company that enables businesses in the
perishable products industries with e-commerce business solutions. With its Licensed and
Managed Services business solutions, WCO provides a suite of web-enabled applications,
which allow for trading and supply chain management over the Internet with existing or
new business partners, while providing maximum security and data integrity and complete
control over sensitive business information. WCO's Freshplex Technologies(tm) currently
powers numerous Private and Branded Trading Communities throughout the global perishable
products industries. WCO is headquartered in Orlando, Florida. For more information about
WCO and its e-commerce business solutions, visit our corporate web site: www.wconet.com.