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FOR IMMEDIATE RELEASE 26 OCTOBER 2000

Contact:
info@pagebid.com
415.355.0281

PAGEBID LAUNCHES THE FIRST DOCUMENT TECHNOLOGIES PROCUREMENT SOLUTION!

San Francisco, CA - October marks the launching of PageBid (www.PageBid.com), the first e-commerce procurement solution for the document technologies industry.

The company's ASP infrastructure streamlines the procurement and sales of document technologies, offering purchasers and providers an automated process for posting and responding to Requests for Proposal (RFPs). Document technologies purchases are made efficiently from qualified providers who receive increased exposure, market insight, opportunities to move excess capacity, and targeted prospecting.

The rapidly growing $23 billion document technologies industry serves the legal, insurance, healthcare, and financial services markets, among others. It encompasses all technologies that are applied to information in document form, such as imaging, coding, archiving, and records management. PageBid is the cohesive solution.

PageBid is part of the Shoreline Technology Ventures family and is financed by private investors. For more information on the company, please see www.PageBid.com.

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