July 31, 2000

ForgeFinder.com Activates Private Auction Centers

        Forgefinder.com, the first and only e-commerce marketplace dedicated to the forged metals industry, today announced that it has activated its Private Auction Center feature. Pursuant to buyer requests, ForgeFinder has created an environment that permits any registered buyer to request its own Private Auction Center.

        Private Auction Center Features:

  • A Private Auction Center allows a buyer to conduct its forge purchasing in a closed auction center that is only accessible to its pre-approved forge shops. In this manner, buyers can be assured that their specifications, prints and other confidential information is not shared with the entire membership of the ForgeFinder site.
  • Seller home pages will allow each forge shop to see and enter each Private Auction Center to which they have access.
  • Buyers can add and subtract forge shops from their Private Auction Center simply by notifying the ForgeFinder site administrator.
  • A single buyer can establish a separate Private Auction Center for each of its purchasing professionals.
  • There is no cost for a buyer to request the creation of a Private Auction Center and the Private Auction Center can be created in a few short minutes.
  • Buyers can maintain the ability to send their requests for quotation to all of the Site’s registered sellers in the event they wish to open an opportunity to new forge shops.
  • If necessary, buyers can request that ForgeFinder utilize encryption technologies in their private rooms.

        The end result is that ForgeFinder can now accommodate the unique buying requirements of each registered buyer on the Site.  The enhanced privacy is free and simple to use. Accordingly, ForgeFinder believes that this feature will enable it to deliver the promise of e-commerce right to your shop floor.

CONTACT:
                ForgeFinder.com
                8713 Digges Road
                Manassas, VA 20110
                Phone: 703-530-8171
                Fax: 703-530-8172
                Toll-free: 800-644-7770