Texbid Launches Texquote TM

Texbid Launches Texquote(TM) – A Fastand Reliable Solution For Sourcing Technical Textile Products
Enables Users to Globally Source Products Not Listed on Texbid’s Exchange Site STAMFORD, Conn.,
Jan. 24 /PR Newswire/ — Texbid, an Internet-based business service provider for the technical
textile industry, recently launched Texquote, a new service that provides buyers with a venue on
the Texbid site to source the products they need. According to Eric Kamisher, Texbid founder and
CEO, “Texquote is more than a global bulletin board. It allows members to use our global network to
source products. Through our extensive database and in-depth knowledge of the industry, as well as
our partnership with the Industrial Fabrics Association International, we have access to a wealth
of industry contacts. It enables our staff to quickly match buyers with potential sellers, for
highly specified products.” Texquote will be particularly helpful for buyers to access products
that are currently not listed on the Texbid exchange or in industry catalogs. Texquote transactions
are monitored through to completion by the Texbid staff. Posting requests are free-of-charge to all
Texbid members, who also have access to value-added services provided by GE Capital Commercial
Services, Kuehne and Nagel, and Dunand Bradstreet. A partial list of leading companies committed to
using the Texbid exchange includes Bradford Industries, Dupont, Cooley, Inc., Freudenberg, Glen
RavenCustom Fabrics, Seaman Corporation, the Astrup Company, John Boyle and Co.,Murdock Webbing
Co., The Wolf Machine Company, Rubans Gallant, Dubar-Warneton,and S. Kaplan Sewing Machine Company.
Texbid (http://www.texbid.com) provides the worldwide and highly fragmented industrial/technical
textile market with specialized business services, including private trading networks, a global
trading hub, extensive sourcing capabilities, and third-party value-added solutions. Texbid, a
subsidiary of Textera, Inc., is a private company head quartered in Stamford, Connecticut (USA),
with offices in Geneva, Switzerland; Raleigh,North Carolina (USA); and Seoul, Korea.SOURCE
TexbidWeb Site: http://www.texbid.comCopyright 2001 PR Newswire