FurnishNet Tops 390 Manufacturer Connections
October 14, 2003

Home furnishings industry's largest B2B service provider sets new record for manufacturers now live on their Internet-based exchange

FurnishNet today announced today that they are now connected to over 390 home furnishings manufacturers who can electronically exchange transactions with their trading partners using FurnishNet's practical, affordable answer to EDI. Recent connected manufacturers include Americraft, Eastern Sleep, and Metro Guardian.

"Our growing list of connected manufacturers has steadily increased the potential for retailers, EDI-enabled or not, to streamline their supply chains," said Ronald B. Sellers, vice president of sales for FurnishNet. "Eliminating faxes and phone calls and reducing errors and costs while shortening order cycles and increasing customer satisfaction all adds up to greater profits for those who take advantage of our Internet-based exchange."

FurnishNet is also connected to over 20 of Furniture/Today's Top 100 home furnishings retailers, with over $1.8 billion in purchase order volume under contract. Year-to-date, FurnishNet has processed over 200,000 electronic purchase orders and associated transactions through its B2B exchange-a 155% increase over last year.

FurnishNet's solution for Transaction Management speeds the accurate transmission of purchase orders, purchase order acknowledgements, advance ship notices, ocean carrier and drayage company status alerts, and many other transaction types. By integrating e-mail, web applications, electronic data interchange (EDI), and XML, 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, running on any corporate system.

About FurnishNet
With over 425 trading partners and over $1.8 billion in contracted purchase order volume, FurnishNet is a leading provider of Internet-based supply chain solutions for retailers, manufacturers, and suppliers. FurnishNet's solutions for Transaction Management, Parts Management, and Container Management provide a cost-effective alternative to EDI, and help trading partners to streamline communications, reduce errors, and save hard costs. For more information, visit www.furnishnet.com.