DAVACO Appoints Vice President of Information Technology

Dean Bishop tapped to enhance patented online sourcing platform, noted for saving clients an average of 25% on supply costs

DALLAS, Texas (March 29, 2004) – DAVACO Inc., (DAVACO) one of the nation’s leading providers of retail services and solutions, announces the appointment of Dean Bishop to the position of Vice President of Information Technology. Bishop will lead the enhancement of the company’s patented online sourcing platform, as well as manage all aspects of the company’s information technology.

Bishop noted, “DAVACO’s Sourcing and Procurement Platform generates impressive and tangible results for our clients. I’m excited to lead the future development efforts for this platform and to identify other technology tools to increase our levels of client service and corporate strategy.” DAVACO’s Sourcing and Procurement Platform saves clients an average of 25% on supply costs and reduces time spent on sourcing or procurement by up to 50%.

“Innovative technology is a critical part of our value for clients, from providing 3-D modeling of store layouts to offering an online sourcing tool that can dramatically reduce supply costs,” commented Rick Davis, CEO of DAVACO. “Dean’s experience in enterprise systems and e-commerce will ensure our focus on client satisfaction is fully supported on the technology side.”

Bishop brings over 12 years of experience in Information Technology management to his role. Prior to joining DAVACO, he managed large system implementations and outsourcing engagements for EDS, Perot Systems, and Accenture. He also worked with several Internet start-ups leading development and implementation of e-commerce platforms for nationwide retailers.

An alumnus of the University of Texas at Dallas, he earned master’s of science degrees, in Information Technology and Accounting. He received his undergraduate degree from Texas Tech University.