Wigix.com, New High Tech Community-Driven Marketplace Names Former IBM Executive Nick Donofrio to Its Board

Wigix.com adds global business expertise, and innovation star power, welcoming internationally acclaimed technologist, Nick Donofrio to its team

Jan 27, 2010, 14:56 ET from Wigix

OAKLAND, Calif., Jan. 27 /PRNewswire/ -- Wigix (www.wigix.com) announces technology and global business leader Nick Donofrio as its newest board member. Formerly, Mr. Donofrio was the head of IBM's technology & research strategy and a champion for innovation across IBM. During his 44 years at IBM he led many major development and manufacturing teams -- from semiconductor and storage technologies, to microprocessors and personal computers, to IBM's entire family of servers. He received much acclaim at IBM: Business Week magazine's named him one of 25 Top Innovation Champions. Industry Week magazine named Mr. Donofrio Technology Leader of the Year in 2003, and he received the Rodney D. Chipp Memorial Award by the Society of Women Engineers for his outstanding contributions to the advancement of women in the engineering field. Donofrio is also an IBM Fellow Emeritus, the highest honor a scientist, engineer or programmer at IBM can achieve.

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Wigix.com CEO and founder, James Chong says, "Nick is one of the world's greatest and most sought after technologists, as well as a highly experienced global business leader. We are deeply honored that he decided to join our board."

When asked what brought him to Wigix.com, Mr. Donofrio said, "Wigix.com is truly an expression of innovation that brings results and value to the marketplace.  They have broken the mold with new, inventive low cost ways to help users earn extra income, make the smartest purchases, and derive benefit from Wigix.com community tools and information."

Wigix.com's free listings model for all sales combined with a community-driven marketplace, in which its members can profit directly from the success of the site, puts Wigix.com in a different class from rival eBay.  Wigix.com revolutionized eCommerce and modernized online marketplaces with its own NASDAQ style innovative trading platform technologies coupled with relevant product information from specifications to reviews compiled in one webpage enabling informed and decision-driven transactions to occur between consumers and sellers.

About Wigix

Wigix (www.wigix.com) is a catalog of all products, a listing of who owns them and what they are worth by leveraging an innovative, open, and highly scalable community-driven process. This database-driven platform enables an easy search experience for any item and its associated meta-data and NASDAQ stock-market-style liquidity.  Wigix's catalog has over three million unique items and is structured to allow buyers and sellers to easily find specific products and avoid the common problem of multiple listings that exist on other sites. Take a look at the uniqueness of Wigix's product pages on items such as the Nintendo Home Console Game System as well as the Xbox Live 12 Months Gold Subscription Cards respectively: www.wigix.com/index.php/item/detail/8911/Nintendo-span-stylecolor-de4e00bWii-b-span-Home-Console-Game-System and http://www.wigix.com/item/2175821/Microsoft-Xbox-Live-12-Months-Gold-Subscription-Card .

Successful entrepreneur James Chong, who architected the online trading systems at Charles Schwab, founded Wigix, Inc. in 2007. Wigix.com's team includes co-founder Bob Lee (a former Charles Schwab colleague) and Albert Loh, along with other Internet and software veterans. Wigix is headquartered in Oakland, California, but also has operations in China and is funded by venture capital firm, Draper Fisher Jurvetson.

    
    
    Media Inquiries: 
    Jesse Gift, Media Relations, Wigix, Inc., 
    +1-415-229-3299
    jesse@wigix.com

SOURCE Wigix



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