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• Vendor
  Management
• Sourcing and Bidding
• Supplier Contract Management

• eBid eXchange
  Flexible supplier management, sourcing, & contract management
• PreCon Edition
  Bid management for construction
• GovSourcing Edition
  Public sector vendor management & procurement

Seattle, WA – January 15, 2007 – eBid Systems is pleased to announce the release of eBid eXchange 2007 Winter Edition. The new release of eBid eXchange delivers modular and configurable capabilities, adding to the already impressive array of online procurement tools. eBid eXchange eliminates the administrative burden of paper-based procurement processes, creating more time for strategic activities and saving on procurement overhead. eBid eXchange 2007 Winter Edition empowers businesses of all sizes with affordable on-demand procurement software.

The modular architecture of eBid eXchange gives users the flexibility to choose any combination of features, providing a greater ROI while giving users peace of mind to add capabilities at their own pace. eBid eXchange 2007 Winter Edition includes three modules that provide a complete sourcing solution; eBid Invitation for simple vendor database management and bid solicitation, eBid Documents for self-service vendor registration and bid document distribution, and eBid RFQ for online bidding and bid analysis. Already in development are two additional modules that will streamline vendor contract management; eBid Contracts for contract administration tasks such as contract modification, insurance certificate, and performance tracking; and, eBid Compliance for managing “n-tier” reporting of wage and diverse supplier participation. The eBid Contracts and eBid Compliance modules will be available in early second quarter 2007.

eBid eXchange delivers on the promise of software as a service (SaaS), without the cost and time required for most Web-based software implementations. Setup can be accomplished in hours or days rather than the weeks or months required of a typical procurement software application. With pricing starting at less than $100 per month per internal user, eBid eXchange 2007 Edition puts powerful procurement tools at the disposal of small businesses that have been previously shut out of the procurement software market. By significantly broadening the availability of procurement software for businesses of all sizes, eBid Systems is changing the landscape for Supplier Relationship Management (SRM) similar to what SalesForce.com has done for Customer Relationship Management (CRM).

Founded in 1999, eBid Systems has been delivering hosted procurement software 24/7 to several diverse markets. eBid Systems markets and representative clients include Homebuilding (D.R. Horton), Commercial Contracting (L&L Builders), Manufacturing (G.E. Aviation Materials), Government (City of Portland, Oregon), Utilities (Clark Public Utilities), Transportation Agencies (Sound Transit), and Port Districts (Port of Seattle). eBid Systems is headquartered in the Seattle, Washington area

For more information about eBid Systems and eBid eXchange 2007 Winter Edition visit us online at www.ebidsystems.com or contact Nate Odell at 1-888-291-8430 x116.