Toolots Announces Hire of Chief Technology Officer to Guide Company Growth

New Executive to Architect Platform for Digital Economy to Globalize Manufacturing in the U.S. and China

William Andreozzi, who played an important role for several startup and enterprise companies for over two decades, has joined as Chief Technology Officer for Toolots to help guide the company’s future growth and strengthen the Toolots backbone – its online platform and related technology.

CERRITOS, Calif. – June 23, 2017 – Toolots, Inc., a Southern California-based online marketplace and full-service provider of the latest industrial equipment, machinery and technology fueling the global manufacturing industry, is injecting new energy and vision through the hiring of an experienced technology executive.

William Andreozzi, who played an important role for several startup and enterprise companies for over two decades, has joined as Chief Technology Officer (CTO) for Toolots to help guide the company’s future growth and strengthen the Toolots backbone– its online platform and related technology. Toolots is expanding its team of key internal personnel to provide support for the Cerritos-based company’s ongoing development.

Toolots Founder and Chief Executive Officer Jason Fu said, “New blood is bringing big experience, and this helps us to continue putting together a great team that serves as our foundation.”

Toolots Chief Operating Officer Raymond Cheng added, “I am excited to introduce the newest member of the Toolots team, who brings with him a wealth of valuable experience to our company. We are eager to have him help shape and direct our ongoing growth.”

In 1992, Andreozzi left the university path to join Microsoft. Belonging to an elite team of passionate managers and “prodigy programmers” enveloped in technology from a young age, he was selected to nurture the growing company’s infrastructure and product supportability.

“At the end of the day, it was a great team working to solve really difficult problems,” Andreozzi said, of his time at Microsoft. “The company grew fast by breaking into new markets with such passion throughout the 1990s.”

Now a technology executive for more than 30 years, Andreozzi gained experience managing technology for companies and organizations with a focus on eCommerce and supply chain logistics.  It is that experience, of which Fu is well-versed himself, that has proved and will continue to be instrumental in helping Toolots fully optimize their technology operations. With Andreozzi’s addition, the company is ushering in a new revolution for globalizing manufacturers through a simple, user-friendly yet highly scalable platform to achieve international success for small-to-medium enterprises (SMEs).

"Toolots is uniquely positioned to help manufacturers enter and succeed in the competitive global market by optimizing their supply chain logistics and online distribution," said Toolots Chief Technology Officer Bill Andreozzi.

“Solving economic problems for any country must start with the small-to-medium enterprises; Toolots is uniquely positioned to help manufacturers enter and succeed in the competitive global market by optimizing their supply chain logistics and online distribution. Toolots is setting the foundation for a new digital economy and will focus their efforts alongside the B20 with global connectivity, Industry 4.0 and the industrial internet and artificial intelligence.”

“I consider myself successful in that I strive to do things that challenge me, and I love a good challenge,” Andreozzi added. “I’m passionate about the Toolots mission to build up manufacturing on a global scale. This is an exciting time in my life where there is true synergy between myself, the board of directors and the CEO. We are here to build something beautiful that is going to truly help people.”

About Toolots

Toolots, headquartered in Cerritos, California, offers an online marketplace and international distribution channel for factory-direct industrial tools, machinery, and technology. The user-friendly platform provides fast, easy access to high-quality, affordable equipment to manufacturers. Toolots provides comprehensive services for companies around the world who produce industrial machinery and equipment, helping streamline the marketing, omni-channel sales, warehousing, fulfillment and after-sales service. On the customer end, Toolots simplifies the purchase, delivery, installation and warranty of industrial technology, machinery and components, and upholds product quality through a vetted network of vendors and service technicians. The company’s dedication to fostering international trade relations passes on cost savings to the consumer, contributes to reduced downtime, improves productivity and expands a manufacturer’s reach. Toolots has strategically located warehouses, showrooms, and offices across the United States, China and as of May 2017, has expanded into Taiwan. For more information visit us online at www.toolots.com