LAGUNA BEACH, CA, October 9, 2002 — hub360 Inc., the leading eMarketplace for the Action Sports industry, is celebrating its first complete year of online operations since launching the service in September 2001. From its inception, the company has experienced steady growth in marketplace participants and now boasts over 50 key manufacturers, 600 sales representatives, and 12,000 pre-approved retail buyers. hub360 maintains its focus on the unique needs of the industry and plans to release upgrades to their service later this month that will improve both functionality and performance.
"This has been a very successful year for hub360", commented Dan McInerny, hub360 Founder and CEO. "We originally set out to build a tool that would enhance the relationships between suppliers, sales representatives, and retailers, rather than one that would replace those relationships. Based on the rate at which the industry has embraced our service, it's clear we've accomplished that goal." Some of the more notable suppliers that have adopted the hub360 solution include Billabong, Body Glove, Clive, Dragon Optical, Globe, Hotline, Nixon, Quiksilver, Reef and Spy Optics.
Just recently, hub360 added Dave Cunniff as its' Retail Sales Manager and Kane Stewart as the Company's Technical Project Manager. " We are very excited about the addition of Dave and Kane to our team. Dave brings considerable knowledge, experience and relationships to our company and is well respected among industry veterans. Kane is creative, talented and well versed in the technical aspect of our business and will add greatly to our dynamic staff ".
About hub360 Inc.
Founded in 1999 by former Quiksilver Vice President Dan McInerny, hub360 Inc. has established itself as the leading eMarketplace for the Action Sports Industry. The hub360 service, which was launched in September 2001, provides a single online location where retail buyers, suppliers, and sales representatives can communicate and collaborate globally to conduct business securely, privately and efficiently. In addition to Dan McInerny, the Founder and CEO, the hub360 Board of Directors includes James C. Hormel, Peter Townend, Bert Fenenga, and John Millar. hub360 Inc. is a privately held company. For more information on hub360, please visit the hub360 web site at http://www.hub360.com or contact by phone at (949) 371-1360.