Business Wire
(Copyright (c) 2001, Business Wire)
NEW YORK--(Business Wire)--April 26, 2001

Creating the Most Complete Electronics Industry Portal for News, Product Information and Components Purchasing

PartMiner(R) Inc., a provider of content, technology and procurement services to the global electronic components industry, and Cahners Business Information, a member of the Reed Elsevier plc group (NYSE: RUK and ENL), today announced the integration of PartMiner's Design Center component information content technology and market making services from its Free Trade Zone into Cahners e-inSITE.net, a network site for professionals in the Electronic Original Equipment Manufacturing (EOEM) industry.

Creating the most complete EOEM resource for component research, selection and procurement with the latest industry and product news.

PartMiner has seamlessly integrated its entire Design Center catalog of more than 12 million electronic components, including part specifications, data sheets, application notes and side-by-side comparisons into the www.e-insite.net interface. In addition to getting up-to-date product news coverage, electronic engineers and purchasers can conduct parametric searches and side-by-side comparisons of component attributes to select parts with optimal functionality and availability, or find alternate parts, to bring products to market quicker by shortening the design and procurement cycle.

PartMiner's Design Center catalog features semiconductors, passives, connectors and electromechanical devices from over 1,800 manufacturers allowing electronics industry professionals to research and access PartMiner's market making services without linking over to the Free Trade Zone to request quotes for board-level electronic components.

"The world's electronics community looks to Cahners for the latest industry and product news. With the technology integration of PartMiner's content and services into the e-inSITE network we are making it easier for them to make better job-critical decisions in one destination," said Jeff Mladenik, vice president, e-development of Cahners Electronics and Manufacturing Division.

Cahners Business Information is a strategic equity partner in PartMiner. Cahners e-inSITE is the definitive network site for EOEM professionals worldwide, aggregating content from its 20 market-leading publications, 3 research organizations and key network partners to provide the latest electronics industry and product news.

"Wherever industry professionals seek component news and information from leading internet sites like e-inSITE, PartMiner wants to be there to offer our content and services," said Dan Nissanoff, chief executive officer, PartMiner. "It's our strategy to offer our de facto industry database to every one of their desktops."

Last month, PartMiner announced the integration of its component information catalog and market making services into Yahoo!'s Electronics Marketplace, part of Yahoo!(R) Industry Marketplaces.

About Cahners

Cahners Business Information (www.cahners.com) is a leading provider of critical information and marketing solutions to business professionals in the media, manufacturing, electronics, construction and retail industries. A member of the Reed Elsevier plc group (NYSE: RUK and ENL) - a world-leading publisher and information provider with principal operations in North America and Europe - Cahners' market-leading properties include more than 135 b-to-b publications, and over 125 Webzines and Web portals. Cahners also offers online services, custom publishing, directories, research and direct-marketing lists.

About PartMiner

PartMiner, Inc. provides marketplace technology and procurement services to the global electronic components industry. The company's online marketplace, the Electronic Commerce Free Trade Zone(TM), located at www.freetradezone.com, allows individual buyers and sellers to communicate and interact more effectively. Currently, over one hundred thousand users have registered to research and source electronic components online with PartMiner's existing procurement software. The company's investors include Agile Software, Boston Ventures, Cahners Business Information, Celestica Inc., Dell Computer Corporation, Generation Capital Partners, Goldman Sachs, IHS Group, Impact Venture Partners, Integral Capital Partners, Onex Ventures, Seacoast Capital and Vulcan Securities Limited. PartMiner is headquartered in New York City at 432 Park Avenue South, 12 Floor, with offices in Asia, Europe, North America and the Middle East. Additional information about PartMiner and the company's collaborative sourcing and design (CSD) management solutions, PartMiner CSD, and excess service, the Excess Trade Zone, are available at www.partminer.com.

PartMiner is a registered trademark of PartMiner, Inc. Electronic Commerce Free Trade Zone, and Free Trade Zone are trademarks of PartMiner, Inc. There is a patent pending on the Electronic Commerce Free Trade Zone business model. Except for any historical information contained herein, the matters discussed in news releases are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements.