Press Release

PartMiner Launches PowerBuyer™ Procurement System in Greater China

The PartMiner PowerBuyer solution provides electronic component buyers throughout China with market information including pricing and available inventories from thousands of distribution sources around the globe.

Source: PartMiner WorldWide Inc.
11/12/2008

Centennial, CO November 12, 2008 -- PartMiner WorldWide Inc., the premier provider of real-time information and services to support strategic decisions in the electronics supply chain, today announced PowerBuyer, a market driven procurement tool for electronics manufacturers throughout Greater China.

The PowerBuyer solution provides electronic component buyers with market information including pricing and available inventories from thousands of distribution sources around the globe. Buyers are able to compare their current pricing to market prices in order to negotiate better pricing or select a more favorable supply source. Or buyers may identify substitute parts with better supply chain attributes and thus better pricing.

"PowerBuyer gives manufacturers a world view of supply which typically reveals price savings opportunities and a broader choice of inventory," explained Chris Meyer, CEO of PartMiner WorldWide. "Our persistent contact with supply sources around the world combined with our Internet-based information systems makes this revolutionary procurement tool possible."

PartMiner collects market intelligence from more than 11,000 supply sources worldwide - representing millions of component transactions and hundreds of millions of lines of active inventory. PartMiner employs more than 100 electronic component professionals in China and 350 worldwide. The company's CAPS™ database is the leading resource of technical information in the industry. It covers more than 110 million individual components from more than 2900 manufacturers. PartMiner couples technical information with market information through MarketPulse™ in the Americas and Europe, and PowerBuyer™ in Asia to offer a global perspective of price and supply information.

PartMiner provides electronic component procurement services to more than 1,000 unique corporations throughout Greater China. PowerBuyer is available at the enterprise-level, by subscription at www.powerbuyer.partminer.com (Chinese-language). Twelve $1+ billion corporations in China have agreed to become the first adopters, already saving money with PowerBuyer.

PartMiner WorldWide Inc., is headquartered in Centennial, Colorado, USA and has U.S. offices in New York, California, Florida and Massachusetts. International locations include Brazil, China (Shenzhen, Shanghai, Suzhou, Beijing, and Hong Kong), Finland, France, Germany, India, Israel, Mexico, Singapore, Sweden, and the United Kingdom.

For more information about PowerBuyer or to arrange an interview with a PartMiner executive, contact Roger Rountree, 303-200-5609 www.partminer.com.

PartMiner, PowerBuyer, CAPS, and MarketPulse are trademarks or registered trademarks of PartMiner Inc.

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