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Stock impact report

Wayside Technology Group Rebrands Lifeboat Distribution Business to “Climb Channel Solutions”

Wayside Technology Group, Inc. (WSTG) 
US:NASDAQ Investor Relations: waysidetechnology.com
Company Research Source: GlobeNewswire
EATONTOWN, N.J., May 18, 2020 (GLOBE NEWSWIRE) -- Wayside Technology Group, Inc. (NASDAQ: WSTG) (“Wayside” or the “Company”), an IT channel company providing innovative sales and distribution solutions, is rebranding its core Lifeboat Distribution (Lifeboat) business to Climb Channel Solutions (Climb), effective May 18, 2020. Wayside CEO Dale Foster commented: "In just the past two years, we have evolved considerably into a sales-focused organization that is uniquely positioned to support emerging technology vendors. The improvements we have made to our operations, vendor recruitment, and sales and marketing are all reflected in our record financial performance over the past year. “In light of our refined strategic direction and financial momentum, we felt it was important to have a brand that better reflects our positioning in the market and commitment to supporting our vendor and reseller partners. When our partners succeed, we succeed, and we believe it is important for our bra Show less Read more
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