GlobalSpec Announces Impressive Results For 2002The Company Shows Triple-Digit Growth in Sales, Web Site Traffic and Database SizeTROY, NY – (INTERNETWIRE) – 01/30/03 – GlobalSpec, Inc., the leading online resource for the engineering community, today announced its results for 2002. During 2002, GlobalSpec® registered triple-digit increases in sales, customer usage volumes, and the size of its product database. Company sales grew 204%, the total number of online visitors to the GlobalSpec Web site grew 236%, and GlobalSpec’s registered user community grew 234% to 525,000 registered users. GlobalSpec’s unique, parametrically searchable database now contains more than 750,000 searchable product families representing 38 million parts from more than 8,750 supplier catalogs in the mechanical, electrical, optical, materials handling and custom manufacturing service areas. The year 2002 also saw GlobalSpec forming partnerships and strategic alliances with leading companies in the industry to provide greater value to the engineers, scientists, and technical buyers who rely on the Web site to source products and services. Key partnerships formed in 2002 include an agreement with PartMinerTM, Inc. a leading global supplier of electronic component research tools and procurement services, and with SolidWorks Corporation, the market leader in mechanical CAD software. The company continues to work with MatrixOne, Inc. for promoting SpecStationTM, its Product Data Management (PDM) application for sourcing mechanical, electrical and optical components for enterprise clients. “The past year was challenging for all businesses, but particularly for a growing company,” said Jeffrey M. Killeen, chairman and CEO of GlobalSpec. “But, in spite of a tough economic environment, we stayed focused and achieved another year of remarkable growth and advancement. Achieving this kind of sustained growth proves that GlobalSpec has changed the way the engineering and technical world is doing business. We now believe that GlobalSpec has the largest database of its kind in the world, and is both the fastest growing company and the fastest growing information services provider of its kind in the engineering content category.” About GlobalSpec GlobalSpec, Inc. is the world’s largest online resource of technical catalogs searchable by specification, connecting engineers and technical buyers with the products and services they need. SpecSearch®, GlobalSpec’s parametric search technology, provides users bias-free access to more than 750,000 searchable product families representing over 38 million parts from more than 8,750 searchable supplier catalogs. GlobalSpec currently has more than 525,000 registered users. Information about GlobalSpec can be found at http://www.globalspec.com. GlobalSpec, GlobalSpec.com, and SpecSearch are registered marks, and SpecStation is a registered trademark, of GlobalSpec, Inc. PartMiner is a registered mark of PartMiner, Inc. |
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