Robust Growth Continues at MFG.com with the Posting
of the 100,000th RFQ
ATLANTA, USA - October 26, 2006 – MFG.com, an online marketplace serving the manufacturing community, today announced that the 100,000th Request For Quote (RFQ) has been sourced through its marketplace, an important landmark further validating the company's presence as the largest online community for manufacturers.
"This is a significant milestone for MFG.com," said Mitch Free, Founder and CEO, MFG.com. "In the manufacturing community, buyers are connecting with uniquely prepared suppliers in real time. As the MFG.com community continues to grow at an exponential rate, we look forward to helping our customers discover opportunities they never would have known about with companies down the street and around the globe."
As the largest global marketplace in the manufacturing sector, MFG.com intelligently connects buyers and suppliers, matching their requirements to a supplier's capability, capacity and credentials. In the past year alone, the MFG.com platform has hosted more than 30,000 RFQs from buyers around the world sourcing for manufacturing services such as machining, molding and casting.
"The service really has worked out well for us," said Mark Machos, Purchasing Manager, SPEX Sampleprep, and the buyer that posted the 100,000th RFQ. "We have experienced tremendous savings as a result of MFG.com and we have built lasting relationships with a number of suppliers."
Through MFG.com, buyers have the ability to leverage the collective intelligence of the MFG.com marketplace in an effort to bring products to market faster, less expensively and more intelligently. For suppliers, the service enables them to instantly discover and build relationships with new and existing customers who are actively sourcing for the services and products they sell in a collaborative, non-auction, online environment.
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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