Shari Gold
Gold Public Relations
626-330-4143
sgold@goldpr.com

Jennifer Dodos
Nexiant
949-766-9933 x 2012
jdodos@nexiant.com
FOR IMMEDIATE RELEASE
DISPENSESOURCE EXPANDS EXECUTIVE MANAGEMENT TEAM
- Michael D. Blough Joins Company as Executive Vice President of Sales -

IRVINE, Calif., May 17, 2006 – DispenseSource, Inc., a leading provider of inventory management solutions for the industrial market, today announced the appointment of Michael D. Blough as executive vice president of sales. In a newly created position, Blough will assume responsibility for DispenseSource’s global sales force, reporting directly to Anton Visser, DispenseSource’s president and chief executive officer.

“With his proven track record managing sales organizations and developing strategic relationships with large consulting and system integration firms in the automotive and industrial markets, Mike is an outstanding addition to our organization,” stated Visser. “DispenseSource continues to build a world-class executive team by addressing the needs of our ever-growing base of customers and we expect Mike to make a significant contribution toward our efforts.”

Blough’s career spans over 20 years with experience in sales and sales management positions in the enterprise software industry. Prior to joining DispenseSource, he served as regional vice president managing the automotive and industrial sales group for SAP America, the world's leading provider of business software solutions. During this time Blough transformed SAP’s go-to-market strategy in this segment, which led to revenue growth exceeding 600 percent. He also held executive and sales positions at i2 Technologies and IBM Corporation. Blough holds a bachelor’s degree in electrical engineering from The University of Akron and a master’s degree in business administration from Case Western Reserve University.

“I’m extremely impressed with DispenseSource’s evolution and growth to a leadership position in inventory management solutions for the industrial marketplace,” said Blough. “I look forward to further developing the sales organization and key partner relationships as well as expanding our solution-oriented sales model.”
About DispenseSource
Established in 1999, DispenseSource is a leader in providing inventory management solutions for the industrial marketplace, specifically in the area of maintenance, repair and operations (MRO). The company’s solutions help companies decrease consumption, reduce labor, streamline the re-order process and provide total inventory visibility, all while providing users with a steady flow of supplies needed to perform their jobs. DispenseSource has established a strong installed base in many Fortune 500 companies throughout the United States, Canada and Mexico. http://dispensesource.com/