New business brings $885 million in contracted purchase
order volume to exchange

SAN DIEGO, CA - FurnishNet today announced that an additional seven retailers have selected FurnishNet to handle electronic transaction exchanges with their trading partners. With combined sales of more than $300 million last year, the retailers will use FurnishNet to electronically send purchase orders and receive purchase order acknowledgements, advance ship notices, and invoices. These deals represent FurnishNet's expanding presence in the home furnishings industry as retailers and manufacturers alike implement technologies that will improve communications between trading partners, streamline business processes, and reduce costs for a greater return on investment.

"With these new deals, we are contracted to manage more than $885 million in purchase order volume," said Ron Sellers, Vice President of Sales. "We've demonstrated to the industry the value of utilizing Web-based technology to drive down operating costs and improve the consumer experience. Retailers and manufacturers have responded, and have firmly established FurnishNet as the most successful transaction exchange in the home furnishings industry."

The retailers that recently signed with FurnishNet include Baer's Furniture, Belfort Furniture, Kensington Furniture, Levin Furniture, Roomful Express Furniture, Rotmans, and Selden's Interior Furnishings.

FurnishNet's solution for Transaction Management speeds the accurate transmission of purchase orders, purchase order acknowledgements, advance ship notices, and invoices. By integrating e-mail, web applications, electronic data interchange (EDI), XML, and faxed-based processes into a unique "Any-to-Any" exchange, FurnishNet is able to translate the information into the appropriate format for the immediate electronic flow of information between business partners of any size. This significantly reduces the costs and complexity associated with traditional EDI solutions.

About FurnishNet
FurnishNet, a wholly owned subsidiary of GERS, provides Internet-based supply chain solutions for retailers, manufacturers, and suppliers in the home furnishings industry. FurnishNet offerings include parts management and transaction management solutions that streamline processes, eliminate waste, enhance operations, and improve consumer satisfaction. Leveraging GERS Retail Systems' 28 years of experience in the home furnishings industry, FurnishNet is well positioned to offer solutions tailored to the business needs of the trade. For more information, visit www.furnishnet.com.