FOR IMMEDIATE RELEASE

SpeedFC Announces New Board Member

Former JCPenney CEO Selected to Join Team

DALLAS (July 22, 2009) - SpeedFC, a leading provider of end-to-end e-commerce services, announces that Vanessa J. Castagna has joined its board of directors, adding unique industry experience to the company's leadership team and strategic planning processes. 

Castagna is a catalyst in the retail industry with more than 35 years of experience working with Fortune 50 retail companies. She has been listed as Fortune Magazine's "50 Most Powerful Women in Business" for four consecutive years, as well as two years on Forbes Magazine's "100 Most Powerful Women" list.  She is a key retail consultant and advisor to many private investors and equity managers and currently sits on the Board of Levi Strauss and Company. 

"We are very excited to have Vanessa join our board.  Her vast understanding and knowledge of the retail industry will provide invaluable insight to advise our company during the next phase of growth," said Jeff Zisk, President and CEO, SpeedFC. "Vanessa has a reputation that precedes her when it comes to her retail expertise. We feel very fortunate to have attracted someone of her caliber to our board of directors." 

Castagna is the former Chairwoman of Mervyn's Department Stores and the former CEO and Chairwoman of JCPenney Stores, Catalogue and Internet. She has held senior level merchandising positions with Wal-Mart and Target, and began her career with Federated Department Stores.  She has also been a member of Cerberus Capital Management Operations team.

"I am honored to join SpeedFC's board of directors and participate in their opportunities and growth in providing e-commerce services to retailer selling on the Internet," said Castagna. "I am impressed with the SpeedFC management team and feel their business model has tremendous opportunities as Internet retailing continues to grow." 

About SpeedFC, Inc.

SpeedFC, Inc. is a privately-owned, leading provider of end-to-end e-commerce services for retail and manufacturing companies. Headquartered in Dallas, Texas, SpeedFC provides a suite of proprietary services, which includes fulfillment, customer care, web development, web hosting, interactive online marketing and related services.   Solutions are tailored to meet the specific needs of a range of clients, including large apparel, home accessory, gift and luggage retailers, to name a few.  For more information please visit www.speedfc.com.

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