Kenneth Kirkpatrick Joins Zones' Board of Directors
AUBURN, Wash. --July 26, 2005--Zones, Inc. (Nasdaq:ZONS), a single-source direct marketing reseller of name-brand information technology products, announces the addition of Ken Kirkpatrick to the Zones Board of Directors. Kirkpatrick was elected to Zones' board on July 25, 2005 at a regularly scheduled board meeting. The appointment increases the number of Zones directors to six. Kirkpatrick will serve on the Company's Audit Committee and its Compensation Committee.
Kirkpatrick is the President of US Bank for Washington State. Kirkpatrick is a 34-year veteran at US Bank, previously serving as President of Washington Commercial Banking and prior to that, Executive Vice President and Manger of the East King County Commercial Banking Office. He is the Board Chair of the US Bank Washington State Advisory Board of Directors and is a member of the Board of Directors of the Federal Reserve Bank, San Francisco, Seattle Branch.
"We are excited to add Ken to the Zones Board of Directors," said Firoz Lalji, President and CEO, Zones, Inc. "Ken's a seasoned executive whose mix of skills and acumen will provide insight as we focus on planning for future growth. Ken's appointment reaffirms our commitment to effective governance and enhancement of shareholder value."
Kirkpatrick holds a bachelor's degree in Finance from the University of Washington and has completed programs at Kellogg Executive program at Northwestern University and the Pacific Coast Banking School at the University of Washington.
Kirkpatrick is actively involved in the Seattle-area community. He is a board member of Junior Achievement of Washington, Cabinet Chair for the 2005-2006 King County United Way Campaign, Chairman of the Pacific Coast Banking School Board and Chair of the ArtsFund Board.
About Zones, Inc.
Zones, Inc. and its affiliates are single-source direct marketing resellers of name-brand information technology products to the small to medium sized business market, large and public sector accounts, while supporting their legacy Mac customers. Zones sells these products through outbound and inbound account executives, specialty print and e-catalogs, and the Internet. Zones offers more than 150,000 products from leading manufacturers including 3COM, Adobe, Apple, Cisco, Epson, HP, IBM, Kingston, Lenovo, Microsoft, Sony and Toshiba.
Incorporated in 1988, Zones, Inc., is headquartered in Auburn, Washington. Buying information is available at
http://www.zones.com, or by calling 800-258-2088. The Company's investor relations information can be accessed online at
www.zones.com/IR.
This press release may contain statements that are forward-looking. These statements are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated. These risk factors include, without limitation, future growth, vendor support, account executive hiring and productivity, increased expenses of being a public company, pressure on margin, competition, state tax uncertainties, rapid technological change and inventory obsolescence, reliance on vendor relationships, dependence on personnel, potential disruption of business from information systems failure, reliance on outsourced distribution, and other risks and uncertainties detailed in the Company's filings with the SEC.
CONTACT:
Ronald McFadden
Zones, Inc.
Chief Financial Officer
253-205-3000
