Cube Route

Cube Route

March 21, 2005 08:02 ET

Cube Route Appoints Alex Walker as CEO


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: CUBE ROUTE

MARCH 21, 2005 - 08:02 ET

Cube Route Appoints Alex Walker as CEO

TORONTO, ONTARIO--(CCNMatthews - March 21, 2005) - Cube Route, a
provider of on demand logistics services, today announced that Alex
Walker has been appointed Chief Executive Officer, and will also join
the Cube Route board of directors. Mr. Walker has more than ten years of
C-level experience guiding the operations for software, services and
manufacturing businesses. He has also served at the board level for
several technology and service related businesses.

During his career, Mr. Walker has guided both early stage and mature
private and public companies. He has raised over $200 million in capital
for North American companies through private placements and mergers and
acquisitions. Prior to his appointment at Cube Route, Mr. Walker served
as Chief Operating Officer (COO) and Chief Financial Officer (CFO) with
Abridean, an enterprise software company specializing in user management
and provisioning. Under his leadership, the company secured several
rounds of venture financing and made its foray into the US market.

"Alex's experience with growing organizations will be a tremendous asset
for Cube Route as we strengthen our leadership in the transportation and
logistics market," said Stuart Lombard, chairman of the Cube Route board
of directors. "He brings to Cube Route a proven track record in
successfully taking entrepreneurial companies through periods of
sustained growth. I am confident that his skills, combined with his
in-depth market knowledge, will be instrumental in driving the company
forward as we embrace new markets and expand our customer base
throughout North America."

Prior to working in Canada, Mr. Walker led mergers and acquisitions
activities for Divine Interventures, a public technology company
consolidator based in Chicago. During his tenure at Divine, he was
responsible for over 30 public and private company transactions. He has
also served as CFO for two large manufacturing companies in Chicago. Mr.
Walker has an MBA from the University of Chicago and a BScE in
Mechanical Engineering from Queen's University.

About Cube Route

Cube Route facilitates the deployment and management of the delivery
process for transportation and field service organizations for maximum
operational efficiency. Cube Route is a managed logistics service that
enables businesses to dramatically reduce delivery costs and improve
service. Cube Route's integrated and comprehensive web solutions combine
sophisticated routing, tracking and planning functionality to optimize
routes as well as track and monitor delivery fleets in real-time - at
the lowest possible cost. For additional information on Cube Route and
how its on demand logistics service and platform can impact your
organization, visit www.cuberoute.com or call 1-877-227-6883.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Echo Communications (for Cube Route)
    Jodi Echakowitz
    Media Contact
    905-709-9600
    jodi@echo-communications.com