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GlobalSpec Announces Partnership with eFunda
Leading Engineering Search Engine to Partner with Online Engineering Community
TROY, N.Y., Jan. 18, 2001 /PRNewswire/ -- GlobalSpec, the Internet's leading product discovery resource for engineers and other technical buyers, recently announced a strategic partnership with eFunda, an online community focused on providing educational, research, and technical information to engineers. GlobalSpec will arrange for eFunda to have SpecSearch, GlobalSpec's parametric search capability, available on their site. SpecSearch is the premier resource for engineers and scientists looking for mechanical, electrical, and opto-electrical products and components.

"We are continually looking for partnerships that will help us better serve our engineering user base," said John Schneiter, Chairman of GlobalSpec. "Our partnership with eFunda shows our commitment to creating relationships that help the engineering community reduce time spent solving their design problems."

"We are happy to partner with GlobalSpec," said Cheng Wu, CEO/President of eFunda. "With GlobalSpec's SpecSearch capability on our site, we will give our engineering users access to thousands of searchable components and products and suppliers. The partnership between GlobalSpec and eFunda is focused on bringing engineering services to the next level. By addressing the two most basic needs -- engineering knowledge and efficient sourcing, we can finally start to see what the Internet is all about for the manufacturing industry."

SpecSearch is the world's first online, standardized, parametric search and specification resource that allows engineers to search by company name, product type, or product specifications. Once results are presented, users have multiple ways of contacting the supplier(s) for additional product information.

About eFunda
eFunda, an abbreviation for "engineering fundamentals," offers a broad spectrum of online references for practicing engineers through its Web site (http://www.efunda.com). Its goal is to integrate the daily activities of engineers with their R&D related purchases. eFunda is applicable at the early stage of an R&D project, serving as a one-stop shop for the engineers' referencing and sourcing needs. Vendors rely on eFunda to secure business for production by having their products designed-in during early development stages.

About GlobalSpec
GlobalSpec is a business-to-business, Web-based resource that connects engineers and other technical buyers with the products and manufacturers they need based on engineering specifications. Users of http://GlobalSpec.com have access to bias-free information from about 17 million product specifications and access to more than 10,000 contactable suppliers arranged in more than 1,600 product areas. GlobalSpec's advanced SpecSearch system allows parametric searching for over 750 suppliers in 400 product areas. GlobalSpec.com is financed by Warburg, Pincus Equity Partners, LP, an investment fund managed by E.M. Warburg, Pincus & Co., LLC of New York, N.Y.

GlobalSpec.com® and SpecSearch(SM) are registered marks of GlobalSpec.com, Inc. in the United States.

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