In The News



April 2000
 
ElectricalWeb.Com appears on the "Market Map of B2B Digital Marketplaces" of NetMarketMakers.com.
 
ElectricalWeb.Com appears on the "Industrial Supply B2B Watchlist" of ING Barings LLC, a leading international investment bank in New York.
 
ElectricalWeb.Com announces launch of a global B2B Vertical Exchange for Electrical Industry
ElectricalWeb.com, the world's first independent electrical products exchange, announced today that it would launch its first phase of global electronic marketplace, ElectricalWeb.Com...
 
Electronic hub (eHub) in Business-to-Business E-commerce
eHubs are neutral Internet-based intermediaries that focus on specific industry verticals or specific business processes, host electronic marketplaces, and use various market-making mechanisms to mediate any to any transactions among businesses...
 
Electrical industry is the latest in the series of vertical communities stepping forward to leverage the benefits of electronic marketplace. ElectricalWeb.Com is leading the efforts to provide a truly global neutral trade exchange for manufacturers, distributors, contractors, specifiers, end users and others in the electrical supply chain. I believe that ElectricalWeb.Com will provide immense value for the channel participants by removing inefficiencies, decreasing transaction and spend costs, and increasing sales through unrestricted access to more customers."
        -Mohan Sawhney, Tribune Professor of Electronic Commerce and Information Technology at the Kellogg Graduate School of Management, Northwestern University, and heads the E-Commerce and Technology group.
 
ElectricalWeb.Com featured as one of the emerging vertical specialists in 'The ING Barings Industrial Supply B2B Watchlist', in their report on 'Industrial Supply: Changing Channels - Electronic Commerce and Industrial Distribution'. On expected adoption rate for B2B E-Commerce, Patrick J. Parr, Vice President - Investment Research says "..we also expect the rate of channel shift to vary by industrial product / customer segment and expect the fastest shift in general maintenance, repair and operations (MRO) products and electrical products.." ElectricalWeb.com, is the premier online trading exchange and hub for electrical products manufacturers, distributors, wholesalers, OEMs, contractors and other value adding resellers.
 
"Two other vertical communities focusing on the electrical wholesaling industry are worth noting. At press time, details began to emerge on www.electricalweb.com , a soon-to-be launched site that will allow end users to make online requests for proposals (RFP’s)."
        -Jim Lucy, Douglas Chandler, and Gail Johnson, Electrical Wholesaling, August 1999