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BuyerZone Achieves Major Growth Milestones and Receives Industry Recognition
WATERTOWN, Mass. – (Sept 14, 2006) – BuyerZone, the
leading online marketplace for business purchasing, announced today that its Request
for Quotes (RFQ) service has now been used by 1.5 million buyers, resulting in more
than 5 million matches to companies in the BuyerZone Supplier Network. The company's
rapid growth has been recognized with its fifth consecutive Deloitte Technology Fast
50 Award, finalist status for Best Overall Company from the American Business Awards,
and the Model of Excellence Award from InfoCommerce Group.
BuyerZone's free RFQ service streamlines the purchasing process by connecting active
business buyers with leading local and national suppliers in more than 125 categories
— from phone systems, copiers, and payroll services to construction equipment,
security systems and modular buildings. 1.5 million registered buyers, ranging from
small businesses to Fortune 500 companies to public sector organizations, have used
BuyerZone to request quotes for major business purchases.
In September BuyerZone received the Deloitte Technology Fast 50 Award, which
recognizes New England businesses with the fastest revenue growth over the previous
five years. BuyerZone has earned the Deloitte award each year since 2002 and is one
of only three companies to have ever received the honor five years consecutively.
BuyerZone was named a finalist for a Stevie Award in the category of Best Overall
Company Up to 100 Employees from The American Business Awards in June. In July, the
company received the Model of Excellence Award from InfoCommerce Group, which
recognizes the most successful business models related to database information
publishing.
"BuyerZone has been quietly and successfully operating a B2B pay-per-lead service
long before the pay-per-lead model achieved its current red hot status. As significantly,
BuyerZone has constructed a model that provides real value to buyers, while protecting
sellers from having to sell on price alone. Indeed, the simplicity of the BuyerZone
concept may be one of its greatest strengths," said Russell Perkins, President of
InfoCommerce Group.
"Receiving these honors alongside the achievement of our 1.5 millionth registered
user and 5 millionth lead is both rewarding and a source of continued motivation at
BuyerZone," said Sam Zales, President and CEO of BuyerZone. "We're excited about
the company's achievements, but we are driven to continue developing innovative ways
to streamline the business purchasing and sales processes even further for our users."
About BuyerZone:
Since 1992, BuyerZone has helped millions of businesses save time and money
on their most essential business purchases. With more than $5 billion in business
purchasing transactions facilitated through its marketplace since 2004, BuyerZone's
service attracts active buyers seeking purchasing guidance across more than 125
business product and service categories. BuyerZone's free Request for Quotes service
uses a dynamic matching process to connect each buyer with the most appropriate
providers within a comprehensive network of more than 7,500 top local and national
suppliers.
Buyerzone has been named to Deloitte's "Technology Fast 50" program for New England
for five consecutive years. BuyerZone is a profitable, privately held, venture-backed
company. Its investors include Bessemer Venture Partners, Commonwealth Capital
Ventures, Flagship Ventures, BancBoston Ventures, and Women's Capital Growth Fund.
Supplier partners include ADT, Intuit, Konica Minolta, Lanier, Mitsubishi, Nortel,
Paychex, Pitney Bowes, Sharp, Toshiba and Toyota.
For more information, please visit BuyerZone's web site at
www.buyerzone.com.
For more information on the Deloitte Technology Fast 50 program, visit
www.fast50.com
More information about InfoCommerce Group and the Model of Excellence Awards is
available at www.infocommercegroup.com,
or by calling 610-649-1200 ext. 252
Learn more about The Stevie Awards at
www.stevieawards.com
Press Contacts:
Beth Mango
BuyerZone
617-715-1610
pr@buyerzone.com
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