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MFG.com eMarketplace Hits Milestone 30,000th Request for Quote

MFG.com eMarketplace Hosts Milestone 30,000 Requests for Quote (RFQs) for Custom Manufacturing Services

ATLANTA- July 20, 2004 - MFG.com, Inc. announced today a landmark 30,000th Request for Quote (RFQ) was posted yesterday on MFG.com, the leading online marketplace connecting buyers with suppliers of custom manufacturing services. The company also reports record levels in RFQ Value and Buyer Award rates. In the first half of 2004, the MFG.com marketplace reports a 34 percent increase in RFQs over the corresponding period of the prior year. Typically, MFG.com Supplier members will find over 400 RFQ opportunities open for quoting on any given day. In June 2004, the value of open RFQs on MFG.com averaged $30 million, and peaked at $68 million during the month. The month of July is also on a record-breaking track. MFG.com displays a real-time dynamic RFQ Value Chart on its home page to show customers and prospects the value of current opportunities open at any given moment. The company processes more manufacturing opportunities than all of the current competitors combined.

MFG.com was the first company to leverage the Internet for supplier discovery and sourcing of made-to-order parts and equipment. Launched in February 2000, MFG.com has revolutionized the sourcing process by connecting industrial buyers with contract manufacturers at the exact moment the buyer has a need, and the supplier has the expertise and capacity to fulfill that need. Currently, over 30,000 purchasing professionals, engineers, entrepreneurs and inventors post Requests for Quotes (RFQs) on the service at no charge. Qualified MFG.com Supplier members respond to the RFQs with private quotes for services such as precision CNC machining, sheet metal fabrication, and rapid prototyping.

"The MFG.com marketplace is a barometer of how business is being conducted in the mainstream manufacturing sector," states Mitch Free, president and CEO of MFG.com. "During our first year of business in 2000, MFG.com hosted $40 million in RFQ opportunities for the entire year. In 2004, MFG.com now averages $30 million in RFQ opportunities on any given day. MFG.com helps the buyer quickly locate a qualified supplier at the time of need. Sourcing online is not a trend, but an industry accepted way of doing business today. Buyers want quality parts made-to-order at a fair market price. MFG.com Suppliers want to vie for new business and new customers beyond their geographical areas."

About MFG.com
MFG.com is the largest global online marketplace for the manufacturing industry. MFG.com instantly and intelligently matches sourcing professionals and engineers with suppliers who have the right expertise and capacity to manufacture parts and tooling on demand in accordance with their engineering drawings and CAD files. MFG.com's on-demand service is consolidating the once- fragmented world of manufacturing into an efficient marketplace, enabling products to be sourced and built more easily, quickly, inexpensively, and at higher quality levels. For more information, please visit http://www.MFG.com

About MFG.com

MFG.com is the largest global online marketplace for the manufacturing industry. MFG.com instantly and intelligently matches sourcing professionals and engineers with suppliers who have the right expertise and capacity to manufacture parts and tooling on demand in accordance with their engineering drawings and CAD files. MFG.com's on-demand service is consolidating the once- fragmented world of manufacturing into an efficient marketplace, enabling products to be sourced and built more easily, quickly, inexpensively, and at higher quality levels. For more information, please visit http://www.MFG.com.

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