SAN DIEGO, CA - FurnishNet, the industry’s leading electronic transaction exchange service, reported a record 879,045 purchases processed through its exchange service in 2005.

That number represents a 57% increase in purchases processed over 2004 as the company continues to grow its network of trading partner participants. Last year the company also added 41 new clients to its hosted exchange service and now has over 730 companies participating in its network including 37 of the country’s top 100 home furnishings retail chains.

With the large number of purchases now being exchanged electronically through its network, the company estimates significant savings for its trading partners. Industry analysts estimate that by electronically processing purchases, trading partners save from $50 to $85 per purchase versus manual FAX and data entry processing. Using those industry-accepted figures, the company estimates savings of $43 million to $74 million for its trading partner network in 2005.

By integrating web applications, electronic data interchange (EDI), XML and email into a unique "Any-to-Any" exchange, the FurnishNet electronic transaction exchange service translates over 300 different business documents into appropriate formats for the immediate electronic flow of information between business partners of any size, running on any corporate system.

Over 730 of the nation’s leading retailers and manufacturers are using FurnishNet’s electronic document exchange solution to streamline their supply chains. For more information, please call 1-800-854-2263, Ext. 2525, or visit www.furnishnet.com and take the Self-Guided Tour.