EATONTOWN, N.J., July 03, 2019 (GLOBE NEWSWIRE) -- Wayside Technology Group, Inc. (NASDAQ: WSTG)  today announced that Dale Foster has been promoted to the role of President of Lifeboat effective July 1, 2019.

Dale Foster previously served as the Company's Executive Vice President, having joined Wayside Technology Group in January of 2018 with over 20 years of industry and channel experience. Prior to joining the Company, Mr. Foster was with Promark Technology since 1988 and served as President and CEO since 1997. Mr. Foster held various sales and product manager positions leading up to 1997 and was responsible for the strategic direction of the company along with overseeing Promark's national sales force. With the acquisition of Promark by Ingram Micro in 2012, Mr. Foster became Executive Director and General Manager overseeing the growth strategies of the Promark emerging vendor division.

"Dale has a proven record of managerial success. He will lead the Lifeboat business, developing new strategies and operational tactics to drive our business forward. The Board has reviewed and approved his plans. We look forward to positive changes as we embark on the next leg of our journey," said Jeffrey Geygan, Chairman of the Board.

Mr. Foster will have managerial oversight for all of the Company's divisions and will report directly to the Board.

"Lifeboat is positioned to become the leading technology distributor for emerging vendors. Our vendors need a focused distribution partner to deliver their technology products to the channel. I’m confident that our team will drive incremental success toward that goal," added Mr. Foster.

About Wayside Technology Group, Inc.

Wayside Technology Group, Inc. (NASDAQ: WSTG) is an IT channel company providing innovative sales and distribution solutions to technology vendors, resellers and system integrators since 1982. Wayside operates Lifeboat Distribution, a value-added distributor for virtualization/cloud computing, security, application and network infrastructure, business continuity/disaster recovery, database infrastructure and management, application lifecycle management, science/engineering, and other technically sophisticated products. The company helps vendors recruit and build multinational solution provider networks, power their networks, and drive incremental sales revenues that complement existing sales channels. Lifeboat Distribution services thousands of solution providers, VARs, systems integrators, corporate resellers, and consultants worldwide, helping them power a rich opportunity stream and build profitable product and service businesses. The Company also offers specialty solutions to end user customers through its TechXtend business.

Additional information can be found by visiting www.waysidetechnology.com