BuyerZone's Mie-Yun Lee Named to Boston Business Journal's "40 Under 40" List
Founder of B2B Purchasing Innovator Recognized for Business and Community Leadership
WATERTOWN, Mass., (October 14, 2004) - BuyerZone, the online marketplace for business purchasing, announced today that Mie-Yun Lee, Founder and Vice President of New Business Development, has been named one of Boston Business Journal's "40 Under 40", an award that honors Greater Boston's next generation of business and community leaders.
"Since 1998, the '40 Under 40' Award has recognized 40 of Boston's brightest business and public personalities under 40 years old," said George Donnelly, editor of the Boston Business Journal. "All of this year's honorees were once again examples of young executives showing impressive professional and personal accomplishments and exemplary civic involvement."
The 40 award winners for 2004 were selected from over 200 nominees by a team of Boston Business Journal editors. Judging criteria included the nominees' business successes as well as their contributions to the civic health of Greater Boston through volunteer work and other forms of community involvement. The complete list of winners can be seen at http://boston.bizjournals.com/boston/event/923.
Since founding BuyerZone, Lee has expanded its focus from publishing buyer's guides to providing Request for Quotes purchasing services for businesses - a key factor in navigating the company through the dot-com bubble to profitability and sustained growth. In addition to leading the strategy and implementation of the company's initiatives in new business areas, Lee also serves as an advisor to women entrepreneurs and other Internet-based companies.
"To be recognized with this group of outstanding individuals is quite an honor," said Lee. "This award is really a testament to the strong team at BuyerZone and our commitment to revolutionizing the purchasing process by creating a better way for businesses to buy and sell."
About BuyerZone
Since 1992, BuyerZone has helped millions of businesses save time and money on their most important purchases. Facilitating more than $1 billion in purchasing transactions in 2003 alone, BuyerZone's service attracts active buyers seeking purchasing guidance across more than 100 business product and service categories. BuyerZone's Request for Quotes service uses an intelligent matching process to connect each buyer with the most appropriate providers within a comprehensive network of over 2,000 top local and national suppliers.
BuyerZone has been named to Deloitte's "Technology Fast 50" program for New England for three consecutive years, and was ranked #6 in 2004 out of hundreds of public and private companies in the New England area for its 1,477% growth from 1999 through 2003. BuyerZone is a profitable, privately held, venture-backed company whose investors include Bessemer Venture Partners, Commonwealth Capital Ventures, BancBoston Ventures, Flagship Ventures and Women's Capital Growth Fund. Vendor Partners include Lanier, Mitsubishi, NEC, Nortel, Pitney Bowes, Paychex, and Toshiba.
For more information, please visit BuyerZone's web site at http://www.buyerzone.com
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Press Contact:
Scotty Rill
617-868-5757 ext.112
srill@buyerzone.com
