GLOBALSPEC.COM WEB SITE MUSHROOMS TO 320,000 PRODUCTS
World's largest online database of technical products showcases dynamic growth at ISA Expo 2000
Barbara Chilson, CEO of GlobalSpec.com, said, "GlobalSpec.com now contains more than 320,000 products from more than 630 suppliers in more than 300 technical product categories. That equates to 13.8 million product specifications. ISA Expo is the perfect venue to get this news out!"
She added, "The growth of our database is paralleled by the growth of the company. GlobalSpec.com has soared from 12 employees last November to 92 employees at last count, boosted by $20 million in backing from E.M. Warburg, Pincus and Co., LLC, one of the country's largest and most successful venture capital firms and by key partnership agreements."
"The driving force behind our expansion is simple," she said. "Technical companies have realized that it makes no sense to have high-priced technical talent frittering away time and money in a fruitless search for products that meet a particular specification. They have discovered that with GlobalSpec.com, an engineer, scientist, or technical buyer can find the product that is needed and be back to work in minutes."
GlobalSpec.com is famous as the Web site that allows buyers of technical products to zero in on what they need by searching based on specifications and performance parameters. The site also features searchable areas including a technical resource library and new product releases.
A free service to those who search with it, GlobalSpec.com is visited by hundreds of thousands of engineers and technical buyers from the world's industrial powerhouses. Because it helps to shorten the design cycle by making it easy to find suppliers, product areas, and components that will do a particular job, GlobalSpec.com has been linked to the Intranets of many Fortune 1000 companies.