DBL Distributing, Inc. Announces Senior Level Executive Promotions In Sales And Marketing

Key promotions mark new era as company enters 2006 prepared for continued double-digit growth.

SCOTTSDALE, AZ. – January 2, 2006 -- DBL Distributing, Inc., one of the largest wholesalers of consumer electronics accessories in the United States, today announced several executive promotions in the area of sales and marketing, enabling the company to further leverage the depth of its senior management team. The promotions announced today are:

Tim Butler, DBL’s former executive vice president and chief financial officer, has been promoted to executive vice president and chief operating officer;
Bob Wikes, DBL’s former vice president of marketing, has been promoted to senior vice president, merchandising and marketing;
Dan Halaburda, DBL’s former director of fulfillment services business development, has been promoted to vice president, national accounts; and
Michael Slover, DBL’s former national sales manager of fulfillment services has been promoted to director of fulfillment services.
Tim Butler, Executive Vice President and Chief Operating Officer:
Reporting to president and chief executive officer David Lorsch, Butler is responsible for overseeing DBL’s day-to-day operations with a span of oversight that includes sales, merchandising, distribution, finance, information technology and human resources organizations. Butler will have responsibility for managing DBL’s overall long-term growth and ensuring that the company’s organizational, capital and operating resources are effectively aligned with strategic profitability objectives. Butler has been with the company since 1999 and has over 20 years of experience in finance and operations with Platinum Technology International, New England Business Service, Inc. and Chesebrough-Ponds, Inc.

Bob Wikes, Senior Vice President, Merchandising and Marketing:
Reporting to executive vice president and chief operating officer Tim Butler, Wikes will be responsible for overseeing DBL’s merchandising, marketing, purchasing and publishing operations. Wikes will focus on managing growth and driving efficiencies within DBL’s purchasing, marketing and merchandising operations and capitalize on potential synergies across said units. Wikes joined DBL as director of merchandising in April 2004 and has been the driving force behind productivity improvements and cost efficiencies across multiple programs including design, print and production of DBL’s award wining catalog, vendor marketing programs, advertising, corporate communications and DBL’s annual charity event. In addition to his experience at DBL, Wikes brings more than 25 years of industry experience with nationally recognized brand name consumer electronic retailers such as Circuit City and Conn’s.

Dan Halaburda, Vice President, National Accounts/Fulfillment Services:
In his new role Halaburda will drive DBL’s fulfillment services business development activities and will report to senior vice president of sales, Bruce Kuperman. Dan joins Len Waller, vice president of national accounts who also has responsibility for national account business development and base management. Halaburda has more than 20 years of experience in the consumer electronic industry with manufacturers such as Panasonic and GoVideo.

Michael Slover, Director, Fulfillment Services:
Slover will continue managing the fulfillment services division for DBL’s existing base of fulfillment services clients and will assume an expanded scope of management responsibility. Michael will report to senior vice president of sales, Bruce Kuperman. Including his experience with DBL, Slover has more than 20 years of industry experience with Home America Stores and Platt Music.

“It’s the right time to acknowledge these executives’ contributions to DBL, and to position our company and management team to capitalize on the long-term growth we expect from within the industry,” said David Lorsch, president and chief executive officer of DBL. “Given his merchandising and purchasing background and success as part of the DBL team, Bob is a natural choice as the company’s senior vice president of merchandising and marketing. Dan’s achievements in business development during his short tenure at DBL makes him a logical choice for vice president, national accounts, and Michael is a veteran senior manager who is well-suited to drive growth within existing fulfillment accounts at DBL. I look forward to continuing my partnership with these leaders and extending DBL’s successful track record.”

About DBL Distributing, Inc.
DBL Distributing Inc. is one of the nation’s top distributors of consumer electronic accessories and related products, with more that 30,000 retail customers nationwide. Headquartered in a 144,000 square foot facility in Scottsdale, Arizona, DBL carries more than 15,000 products from nearly 340 quality manufacturers. Offering services such as same day shipping, best price for 1 or 100 pieces and a no minimum order policy, DBL’s business strategy proves that customers come first. For more information please call 800.733.6766 or visit: www.dbldistributing.com/

Contact Information

Bill Reusing

Director of Marketing and Communications

DBL Distributing Inc.

Contact via E-mail