VENDORSEEK.COM SEES 60 PERCENT INCREASE IN REQUESTS FOR ONLINE QUOTES

MOUNT LAUREL, N.J. - VendorSeek.com, the fastest-growing online marketplace for the purchase of business services, today announced that requests for online quotes increased by more than 60 percent since 1Q 2006. The company also released a ranking of its top verticals, determined by activity per month, with web design emerging as the leading category at more than 1,500 requests for proposals.

At the online hub, http://www.VendorSeek.com, businesses of every size and scope connect with more than 3,000 vendors with expertise in as many as 150 categories. Using the proprietary VendorSeek.com system, businesses may request price quotes, free of charge, for essential services such as call center services or payroll outsourcing.

"Our growth has been steady since our inception, but now - quarter after quarter - it is consistently exponential," said Kenneth C. Wisnefski, Jr., Vice President of Operations of VendorSeek.com.

According to Wisnefski, an economy that demands efficiency and a growing reliance on technology to conduct business transactions have created an ideal climate for VendorSeek.com to thrive.

"Outsourcing is a cost-effective solution for businesses, and leveraging technology to connect online makes the process of establishing business relationships even more efficient. We founded our business on sophisticated technology, but unlike some of our competitors, we haven't abandoned a personal touch. In fact, the level of personal involvement that we have structured into our system is part of what makes VendorSeek.com superior in the marketplace."

VendorSeek.com's proprietary technology allows for the highest level of customization in the industry. The system can set caps on quotes and control delivery time. And the human element is applied from start to finish, with every transaction. The company's personal screening of vendors ensures that its network is composed of providers with demonstrated excellence in their respective categories. Additionally, a VendorSeek.com professional supervises every transaction, which ensures a higher rate of relevant leads for vendors and, in turn, a higher quality of quotes for the businesses that make requests.

"The result is a network of very busy vendors, and very satisfied businesses across scores of categories," Wisnefski said.

With web design leading the pack, as ranked by activities, call center services, order fulfillment services, search engine optimization servicesand telemarketing services round out the top five, according to company data.


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About Vendorseek.com

VendorSeek.com, based in Mount Laurel, NJ, is the leading online business-to-business
marketplace, offering quoting services in more than 150 business service categories.
The company processes more than 5,000 requests per month from businesses that are
seeking to receive competitive price quotes from its Approved Vendor Network. A vital
resource for companies, VendorSeek.com was launched in the Fall of 2002, and since
that time has helped thousands of businesses find the right outsourced partners who
offer the best balance of quality and cost effectiveness.