Olshan Client Red Alder Enters Agreement with Speed Commerce to Appoint Two Directors

Yahoo!Finance announced that Olshan client Red Alder GP, LLC has entered into an agreement providing for the immediate appointment of two new independent directors to the Board of Speed Commerce, Inc. (Nasdaq:  SPDC). The new directors will be nominated by Speed Commerce for election at its upcoming 2014 annual meeting as Class III directors for a three-year term. Olshan partners Steve Wolosky and Michael Neidell represented Red Alder.