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MFG.com Relocates to New Offices in Atlanta, GA

Company Reports Progressive Increases in Revenues, Staffing, and Marketplace Growth

ATLANTA - July 15, 2002 - Inc. today announced it has relocated to a new, larger office space to accommodate current and projected expansion requirements. The company has experienced dynamic growth during the past year, and has doubled its staffing level. The firm's new address is 2690 Cumberland Parkway, Suite 510, Building I, Atlanta, GA 30339. develops and powers MFG.com (www.MFG.com), a highly successful eMarketplace for buying and selling custom manufacturing services. is a privately-held company, founded and incorporated in 1999.

The company also reports progressive increases in quarterly revenues, memberships, and sourcing volume since its inception. Officially launched in February 2000, MFG.com was the first online service to connect contract manufacturers with companies purchasing made-to-order parts. Today, the MFG.com Network has achieved web domain dominance in the Custom Manufacturing Services arena. MFG.com has attracted Buyers that source and procure services provided by Suppliers of more than 100 manufacturing disciplines, such as machining, moldmaking, casting and rapid prototyping.

"Our second year in business was a stellar year for MFG.com, as sales rose by 68%," states Mitch Free, president and CEO of MFG.com, Inc. "When we launched the service in 2000, industry pundits were unsure that engineers and manufacturers would conduct business on the Internet. Today, the comfort level of sourcing and quoting online is at an all time high. Our online award rate has gone up dramatically in the past year, which reflects the buying confidence of our industrial Buyers and engineers. Other confidence indicators include a steady rise in the average dollar volume sourced through MFG.com, as well as a significantly reduced timeline from RFQ generation to supplier selection. Buyers have become expert users of the RFQ system. Suppliers are responding to RFQs quickly and expertly. In just two short years, online sourcing for custom manufacturing services has become the preferred method for buyers to shorten their turnaround times and create better sourcing efficiencies.

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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 www.MFG.com.

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