MFG.com eProcurement Technology Reaches New Summit with Version 3 of MFG.com

Atlanta, Ga., -May 8, 2001- Inc. announced today it has launched a major release of its Collaborative Procurement Management (CPM) System incorporating advanced tools for its Buyer members. This robust version includes all-new reporting tools, interface and navigation enhancements, as well as Quick Search functionality. 's exclusive CPM technology gives buyers of manufacturing services the ability to manage and track the procurement process online at www.MFG.com. The MFG.com Marketplace connects buyers and suppliers of more than 100 manufacturing disciplines such as CNC machining, moldmaking, casting and rapid prototyping. This online service has over 2000 members, and has hosted over $50 million in RFQs for custom fabricated components since the launch of the service. "This release is all about keeping our Buyer members in front of the eProcurement power curve," states Mitch Free, President and CEO of MFG.com, Inc. "We have worked closely with our customers to increase their efficiency through the use of our services. has refined Buyer interactivity, streamlined the strategic sourcing process, and incorporated new data mining capabilities to capture information and create reports on-demand. The new reporting capabilities are very impressive and provide 24 hours-a-day access to current, decision-making information." New Reporting Features Optimizes RFQ Process at www.MFG.com.

Buyers will find easy-to-use standard and customizable reports and chart generators to assess their RFQ and sourcing activities. The new reports help buyers to compare price and lead-time from suppliers across multiple RFQs and projects. Purchasers are able to analyze quotes and lead times relative to targets, obtaining a real-time project assessment. Buyers can also determine the total volume cost of a particular supplier over an entire project or analyze supplier quotes across multiple projects in an attempt to leverage the buy. All reports can be exported for use in Microsoft Excel and other spreadsheet programs. Quick Search Feature Improves Navigation
New Quick Search functionality speeds navigation for MFG.com Buyer members with one-click access to specific RFQs, quotes or collaborative messages. Upon receiving notifications of new quotes or messages, Buyers can use Quick Search to locate the specific detailed information with one mouse click. The Quick Search feature appears on every screen to expedite navigation throughout the entire MFG.com system.

Interface Enhancements at MFG.com to Improve Usability and Productivity
Buyer members will immediately notice new advancements in usability at MFG.com with less mouse clicks to create RFQs and navigate the site. New Create RFQ functionality enables the user to quickly associate, move and copy RFQs between projects while using the RFQ wizard. The RFQ List function allows Buyers to view and compare all the RFQs they have created, regardless of their project affiliation or status. RFQ List delivers a single screen for reviewing all activity. The new Preferences tool provides a simple way to manage and review data by customizing RFQ listings relative to the needs of a specific user. The MFG.com Marketplace connects buyers and suppliers of more than 100 manufacturing disciplines. These listings have been expanded and sub-divided into separate Discipline and Sub-Discipline for ease-of-selection during the RFQ creation process. For information on other enhancements, visit www.MFG.com and select the Buyers Post RFQs section of the home page.

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Pricing and Support
MFG.com is a no-commission, non-auction eProcurement service. Buyers can post RFQs for free. Suppliers pay a flat annual fee of $1,995 or can opt for a monthly pay plan with a twelve month commitment. The customer support team will help facilitate the posting of any RFQ without cost to the buyer.

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