Speed Commerce Appoints Jyoti Lynch as Chief Information Officer

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MINNEAPOLIS, Oct. 16, 2013 (GLOBE NEWSWIRE) -- Speed Commerce, Inc. (Nasdaq:SPDC), a vertically integrated, multi-channel platform of e-commerce services and distribution solutions, has promoted Jyoti Lynch to chief information officer, effective October 10, 2013.

Under the new title, Lynch's primary responsibility will be to develop and execute the overall information technology strategy and roadmap for Speed Commerce and each of its subsidiaries.

"Jyoti has been fully committed to our team over the last two years and proven herself as a highly effective leader," said Richard Willis, president and CEO of Speed Commerce. "Having held several positions of increasing global responsibility in previous roles, I believe her extensive IT leadership experience will prove invaluable as we work to grow our unique, end-to-end e-commerce services and retail distribution platform."

Lynch brings over 20 years of business facing IT leadership experience, most recently holding a position with SpeedFC as the vice president of IT shared services. Prior to joining speed in 2011, she held director and vice president positions managing areas to include retail technologies, business development, application development, network services and operations. Lynch started her career at ABB, a leader in power and automation technologies. She completed both her undergraduate and graduate studies in electrical engineering from the University of Missouri in Rolla, Missouri.

About Speed Commerce

Speed Commerce, Inc. (Nasdaq:SPDC) provides a vertically integrated, multi-channel platform of e-commerce services and distribution solutions to retailers and manufacturers. The Company uniquely offers retail distribution programs, web site development and hosting, customer care, e-commerce fulfillment, and third party logistics services. For additional information, please visit the Company's website at www.speedcommerce.com.

Safe Harbor

The statements in this press release that are not strictly historical are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995 and are intended to be covered by the safe harbors provided therein. The forward-looking statements are subject to risks and uncertainties, and the actual results that the Company achieves may differ materially from these forward-looking statements due to such risks and uncertainties. A detailed statement of risks and uncertainties is contained in the Company's filings with the U.S. Securities and Exchange Commission. The forward-looking statements included in this press release are made only as of the date of this press release and the Company undertakes no obligation to update these forward-looking statements to reflect subsequent events or circumstances.

CONTACT: Investor Relations Liolios Group, Inc. Cody Slach (949) 574-3860 SPDC@liolios.com

Source: Speed Commerce