Website Launched For Floor Covering Industry Inc.,
Forestville, Md., has established a business-to-business exchange exclusively dedicated to the
international floor covering industry.

According to the company, will provide industry buyers and sellers a
service to auction, purchase and procure the entire range of floor covering products including
carpet, tie, resilients, stone, hardwood and laminates as well as related machinery, supplies and
other accessories.

“The represents the shift in electronic commerce that is already
occurring in many other industries,” said Manish Gupta, a founder and managing director of

“Aside from traditional e-mail or ordering office supplies, businesses now have specific
need for using the internet to enhance their mission critical activites.”

February 2000