PFSweb Announces Results of 2010 Annual Meeting of Stockholders
June 04 2010 - 4:15PM
Business Wire
PFSweb, Inc. (Nasdaq: PFSW), an international business process
outsourcing services provider of end-to-end web commerce solutions
and an online discount retailer, today announced that all corporate
proposals were approved at the Company’s 2010 Annual Meeting of
Stockholders held on June 4, 2010.
At the meeting, stockholders approved the election of Dr. Neil
W. Jacobs as a Class II director, ratified the appointment of Grant
Thornton LLP as the Company’s independent auditors for the fiscal
year ending December 31, 2010 and approved amendments to PFSweb’s
Non-Employee Director Stock Option and Retainer Plan to increase
the number of shares of Common Stock reserved for issuance by
75,000 shares and increase the number of shares subject to the
annual option grant to 10,000 shares.
About PFSweb Inc.
PFSweb develops and deploys comprehensive end-to-end eCommerce
solutions for Fortune 1000, Global 2000 and brand name companies,
including interactive marketing services, global fulfillment and
logistics and high-touch customer care. The company serves a
multitude of industries and company types, including such clients
as P&G, Carters, LEGO, AAFES, Riverbed, InfoPrint Solutions
Company (a joint venture company owned by Ricoh and International
Business Machines), Hawker Beechcraft Corp., Roots Canada Ltd. and
Xerox.
Through its wholly owned eCOST.com subsidiary, PFSweb also
serves as a leading multi-category online discount retailer of
high-quality new, "close-out" and manufacturer recertified
brand-name merchandise for consumers and small to medium size
business buyers. The eCOST.com brand markets approximately 275,000
different products from leading manufacturers such as Sony,
Hewlett-Packard, Denon, JVC, Canon, Nikon, Panasonic, Toshiba,
Microsoft, Dyson, Kitchen Aid, Braun, Black & Decker,
Cuisinart, Coleman, and Citizen primarily over the Internet and
through direct marketing.
To find out more about PFSweb, Inc. (NASDAQ: PFSW), visit the
company's websites at http://www.pfsweb.com and
http://www.ecost.com.
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