Committed Sourcing

FreeMarkets, Tomkins sign agreement

Pittsburgh  September 6, 2001  FreeMarkets Inc., a global sourcing market and provider of e-sourcing software and service solutions, today announced that it has signed an agreement with Tomkins, a global engineering group.

Under the terms of the agreement, FreeMarkets will provide Tomkins with access to its e-sourcing software and service solutions, which Tomkins will use to source a variety of goods and services for its global operations. The agreement follows the completion of a successful pilot program that began November 2000.

To date, Tomkins has used FreeMarkets in the past to achieve its quality and cost goals on goods and services across a wide range of supply categories, including stampings, metal fasteners, plastic injection molding and paperboard products.