Data Exchange Corporation Announces New Senior Vice President of Sales & Marketing

    CAMARILLO, Calif.--June 5, 2002--Data Exchange Corporation (DEX), www.DEX.com, a leading global supply chain solutions provider for high tech industries, announced today that Steven L. Lonngren has joined the company as Senior Vice President of Sales & Marketing. Mr. Lonngren brings over 13 years of management experience in high-technology hardware, software and service sales.
    "Steve is an energetic, results-oriented sales team leader, and a strong addition to our management team," said Sheldon Malchicoff, Chairman and CEO of Data Exchange Corporation. "His experience in driving consistent sales growth, and his strength in building strategic alliances within our industry is a significant opportunity for DEX to expand our presence and to better serve our growing customer base."
    With over 20 years of experience in sales, Mr. Lonngren has held top sales positions at a number of high technology and services companies, including Vice President of Sales and Business Development at Infosys Corporation, a leading provider of information technology services, and Vice President, Sales and Operations at Minarik Corporation, a national leader in the distribution and manufacture of automation and control products. He holds a Bachelor of Science degree in Business Administration from the University of Maine.

    About Data Exchange Corporation

    Data Exchange Corporation (DEX) is a global supply chain solutions provider, specializing in logistical repair and replacement services for high tech industries. DEX programs provide customers with support in the before-sales and after-sales services market in the telecommunications, medical, computer and consumer electronics industries. North American and European operations consist of centralized supply chain operations integrated with Oracle-based operating systems. DEX offerings include reverse engineering, returns management, repair, contract manufacturing and assembly/box build, call center management, stocking and distribution, and procurement services. DEX headquarters are located in Camarillo, California. European headquarters are in Dublin, Ireland.