San Diego, CA, February 19, 2008 – FurnishNet, the industry’s leading electronic transaction exchange service, is supporting the “green initiative” in the home furnishings space by helping its trading partners vastly reduce their ecological footprints through the amount of paper they are able to save by using the network—not to mention the amount of money they save with electronic transactions.

With over 1.1 million purchases handled by FurnishNet in 2007, the company estimates that it saved over 4 million sheets of paper last year (including supplemental purchase order materials such as invoices and advanced shipping notices)—enough to rival the height of the Empire State Building when stacked top-to-bottom.

Furniture retailers and manufacturers throughout the country realize the impact their businesses have on the environment, and they’re becoming increasingly active in the movement. Initiatives such as the Sustainable Furniture Council (SFC), now in its second year, are focused on growing awareness and education for environmental issues and standards in the industry. Still, these companies are looking at more than just the merchandise they produce, but also the way they do business.

In addition to helping the environment, companies are discovering that recycling and waste reduction initiatives can result in significant savings at the landfill and throughout their organization. FurnishNet trading partners have witnessed these savings first-hand. By greatly reducing the time and resources devoted to each purchase order done through manual fax and data entry processing, companies can save an estimated $50 to $85 per purchase order. In 2007, this added up to an estimated $58 million to $99 million in savings throughout FurnishNet’s network of customers.

By integrating web applications, electronic data interchange (EDI), XML and email into a unique "Any-to-Any" exchange, FurnishNet’s 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.

“FurnishNet has been a tremendous asset to our business,” said Mark Navarra, Director of IT and Supply Chain Management for Jerome’s Furniture. “By eliminating paper transactions, we’re closer to our goal of becoming a more environmentally conscious company—and the resources we’re able to conserve are allowing us to focus on “greening” other aspects of our business as well.”

“The green revolution in our industry is quickly becoming the standard, and FurnishNet is glad to be a part of it,” said Ron Sellers, Vice President, FurnishNet. “The benefits gained from using our services are not only eco-friendly, but also dollar-friendly. It’s exciting to see that more and more home furnishings retailers and manufacturers are starting to take action and make responsible changes in their business processes—and we’re proud to call these companies our customers.”

About FurnishNet

The FurnishNet solution integrates Web applications, electronic data interchange (EDI), XML, and e-mail into a unique "Any-to-Any" exchange for the processing of over 300 transaction types electronically between trading partners. The most common transactions types processed electronically include purchase orders, purchase order acknowledgements, advance ship notices, and invoices. FurnishNet is able to translate data files into appropriate formats for the electronic flow of information between trading partners of any size, running on any corporate system. Because the FurnishNet service is able to transfer data without the use of a VAN, the need for expensive EDI mapping software as well as a traditional EDI VAN network are eliminated, thereby reducing expenses and simplifying connectivity.

Over 1,400 of the nation’s leading retailers and manufacturers are using FurnishNet’s electronic transaction exchange network 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.

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