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Inventory Locator Service, LLC President Bruce Langsen To Retire

Dépèche transmise le 17 novembre 2009 par Business Wire

Inventory Locator Service, LLC President Bruce Langsen To Retire

MEMPHIS, Tenn.--(BUSINESS WIRE)--Inventory Locator Service LLC (ILS) today announced changes to the senior leadership at ILS.

Inventory Locator Service President Bruce Langsen has announced his intent to retire as President in the 1^st quarter of 2010. During his 16-year career at ILS, Langsen’s leadership was instrumental in growing the company’s revenue and profitability, as well as in positioning the company for future success in the supply chain solutions market.

Eric Anderson will succeed Langsen. Anderson has a rich executive background with extensive experience in the aviation and defense supply chain methodology. Anderson has held several positions including President of ILS (’93-’96), CEO of Aviall Inc. (’96-’99) and CEO Crescent Machinery (’01-’05).

Langsen played a key role in developing strategic initiatives that established the technology to provide ILS customers with instant global access to supply chain solutions, including ILSmart.com, the world’s largest e-Marketplace for aviation and defense parts, equipment and services. He also developed the concept for the aviation specific search engine, IndustryEyes.com, and spearheaded the acquisition of Internet Business Applications Inc., which provided a base for the development of the innovative ILS Supply Chain Management suite of aviation business solutions.

“Bruce has led ILS through two generations of technology change, steadily growing profits and revenues through his stellar leadership of the world’s leading aviation, government and marine electronic marketplace,” says Paul Fulchino, CEO Aviall, Inc. “Under Bruce, ILS has solidified itself as a household name to parts buyers and sellers throughout the world and has expanded successfully ILS’s offerings well beyond its traditional marketplace to include a key role in government applications, e-business systems, and industry market intelligence.”

Langsen is a member of Leadership Memphis and former Vice-Chairman of the board of the March of Dimes of West Tennessee. Prior to his ILS career, Langsen was vice president and general manager of Northwest Airlink, a division of Express Airlines, and served in a variety of executive positions at Eastern Airlines.

About ILS

Since 1979, Inventory Locator Service®, LLC, (www.ILSmart.com) has provided information via its global electronic marketplace to enable subscribers in the aerospace, defense and marine industries to buy and sell parts, equipment and services. ILS is the first, largest, and most active business-to-business electronic marketplace serving the aviation, defense and marine industries.

Today, more than 20,000 subscribers in 93 countries use ILS to buy and sell aircraft and marine parts and equipment. ILS subscribers include more than 550 Air Carriers, 150 government procurement agencies, and over 750 repair facilities as well as ship owners, ship operators, ship managers, manufacturers, distributors and resellers from around the world. Aviation and marine suppliers list over 5 billion parts on ILS databases, which are accessed over 60,000 times each business day.

Headquartered in Memphis, Tenn., ILS has offices in Atlanta, Boston, Dallas, Frankfurt, London, Los Angeles, Miami, New York, Paris, Philadelphia, Phoenix, San Diego, Seattle, Shanghai, Singapore, St. Louis, and Washington, D.C. ILS operates as a business unit of Aviall, Inc., and is a wholly owned subsidiary of the Boeing Company.

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