PFSweb Announces Results of 2010 Annual Meeting of Stockholders
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.
SOURCE: PFSweb, Inc.
PFSweb, Inc. Laura Cornstubble, 972-881-2900 x3574 Corporate Communications Manager lcornstubble@pfsweb.com or Investors: KCSA Strategic Communications Todd Fromer / Garth Russell 212-896-1215 / 212-896-1250 tfromer@kcsa.com / grussell@kcsa.com