Launches New Tool to Empower Buyers

New tool provides buyers with several new features to simplify the quoting process

Atlanta — June 26, 2006 —, an online marketplace serving the manufacturing community, announced a suite of tools, designed using Flex, that simplify the process to create a request for quote (RFQ) by increasing both flexibility and efficiency throughout the duration of the RFQ creation.

"To thrive as a company you must provide your customers with a great experience," said Mitch Free, founder and CEO of "Experience matters to our customers, and it matters to us. Our new tool offers outstanding performance capabilities, ease of use and customized optimization. With this new tool, we are helping our buyers to continually raise the bar by more effectively submitting RFQs to enable better buying decisions for their customized parts."

The new tool provides buyers with several new features to simplify the quoting process. New features allow users to mark RFQs that may be restricted under International Traffic and Arms Regulation (ITAR); search by function on the engineering process list; view distribution of whom the RFQ will be sent to, prior to their release enabling users to add, remove and narrow down suppliers from the pre-selected distribution list; and mouse over functions for help.

"The RFQ process is all about time — finding the right supplier with the right capacity at the right time," said Josh Huskin, Purchasing manager, Panoz Auto Development. "We are looking forward to a new tool that will allow us to source smarter and faster by having a more simplified and flexible RFQ submission process that matches us with suppliers in real-time. With's new tool, we will be able to customize our distribution list before the RFQ is released in an effort to tailor the RFQ to better meet our requirements and needs." has more than 40,000 buyers across the industrial spectrum (aerospace, transportation, consumer products, electronics and more) that use the site to source, collaborate and receive quotes online for more than 200 manufacturing processes such as CNC machining, metal stamping, forging, plastic molding, metal fabrication and metal casting.