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CompareBay.com Press Releases
CompareBay.com Press Releases


CompareBay.com Teams Up with 1 Rory Plaza, Inc. to Create B2B Marketplace for the Offroad Vehicles Industry

Internet E-Commerce Service Provider Automates Procurement, Upgrades Efficiency and Lowers Costs

Hayward, CA, March 15, 2001 -- 1 Rory Plaza, Inc., a leader in providing B2B and B2C e-commerce services, announced a strategic partnership with CompareBay.com, a leading e-commerce infrastructure provider. By choosing the CompareBay PortalSite to power its B2B e-marketplace at www.dirt-e-fun.com, 1 Rory Plaza is strongly positioned as the online B2B standard for the global offroad vehicles industry.

Using the CompareBay PortalSite solution, www.dirt-e-fun.com will be able to rapidly deploy a full suite of e-commerce services that enable members of the offroad vehicles industry to buy and sell vehicle materials and products from one virtual location, increasing their ability to bid/quote on projects and reduce procurement costs.

1 Rory Plaza will first make the online catalogs available to distributors, manufacturers and specialty contractors and will then expand to open trading between buyers and suppliers.

"1 Rory Plaza has taken a leadership role by creating a comprehensive vertical marketplace for the offroad vehicles industry," said Alex Ye, chairman and CEO of CompareBay.com. "Our relationship with 1 Rory Plaza further underlines the demand for the CompareBay PortalSite among growing Internet companies in addition to the more established organizations that have typically used EDI solutions. We believe that our partnership with 1 Rory Plaza will significantly improve the time-to-market for the global offroad vehicles industry."

About CompareBay.com
CompareBay.com is the leading provider of e-commerce infrastructure software designed to revolutionize the purchasing and selling process of Business-to-Business (B2B) and Business-to-Consumer (B2C) transactions. CompareBay.com offers hosted Internet services that enable Net market makers, Global 2000, mid-sized, and small businesses to quickly build electronic marketplaces, without installing or maintaining their own e-commerce infrastructures. These marketplaces allow businesses to leverage the Internet for new revenue opportunities as well as to reduce costs associated with their manufacturing/processing input procurement functions. CompareBay.com is a privately held company that received its seed funding from Canadian technology firm C/S Solution Consulting.


Game-Revolution.com and CompareBay.com Launch Joint Venture to Develop Advanced Comparison Shopping Portal for the Electronic Gaming Industry

Leading Electronic Gaming Portal Chooses the CompareBay PortalSite to Create the Gaming Industry's Most Advanced Shoppnig Portal

Hayward, CA, March 13, 2001 -- Game-Revolution.com is the leading online destination of reviews and previews on computer games as well as console games. In order to provide their users with convienent shopping services, Game-Revolution will be using the CompareBay PortalSite to launch its shopping portal located at GRGames.com. GRGames.com will be seamlessly integrated into various sections of game-revolution.com to provide its users with a complete gaming experience.

"By partnering with CompareBay.com, Game-Revolution.com has further soldified its leadership position in providing online gaming content." said Michael Ye, president and COO of CompareBay.com. "The CompareBay PortalSite will enable Game-Revolution.com to rapidly deploy advanced comparison shopping services that will diversity its revenue stream and create a tremendous competitive advantage."

About CompareBay.com
CompareBay.com is the leading provider of e-commerce infrastructure software designed to revolutionize the purchasing and selling process of Business-to-Business (B2B) and Business-to-Consumer (B2C) transactions. CompareBay.com offers hosted Internet services that enable Net market makers, Global 2000, mid-sized, and small businesses to quickly build electronic marketplaces, without installing or maintaining their own e-commerce infrastructures. These marketplaces allow businesses to leverage the Internet for new revenue opportunities as well as to reduce costs associated with their manufacturing/processing input procurement functions. CompareBay.com is a privately held company that received its seed funding from Canadian technology firm C/S Solution Consulting.


Speedcom Technologies Inc. Chooses CompareBay SellSite to Power its Next-Generation E-Commerce Site

Networking Leader to Launch Advanced E-Commerce Site Powered by the CompareBay SellSite

Hayward, CA, February 21, 2000 -- Speedcom Technologies Inc., a leader in the manufacturing and marketing of local area networking products, has chosen the CompareBay SellSite to power their next-generation e-commerce site. By utilizing the CompareBay SellSite, Speedcom Technologies will be able to rapidly design and implement a full-scale e-commerce site that includes B2B functionality. It will enable their customers to quickly search and locate products as well as comparison shop by a variety of criteria such as product features, brand, and price.

"We are pleased to have Speedcom Technologies choose the CompareBay SellSite to power their next-generation e-commerce site.," said Niels Morten Hjortsvang, director of business development at CompareBay.com. "This partnership further strengths the user base of the CompareBay SellSite and will significantly improve the e-commerce capabilities for Speedcom Technologies."

About Speedcom Technologies Inc.
Speedcom Technologies Inc. manufactures and markets a full line of local area networking (LAN) products. In addition, Speedcom Technologies also distributes 3COM, Intel, SMC?and DLink products to offer the customers with a wide variety of choice. Speedcom Technologies continually strive to maintain excellence in the advancement of local area network technology by introducing products and technology that raises LAN performance standards. In 1998, Speedcom products were being sold in 25 countries, including North and South America, Europe and Asian Markets. More than 10 million Speedcom adapters have been installed since the company first introduced its adapter products in 1992. The company’s broad user base spans from small organizations with straight forward networks of a few people to major multi-national corporations with intricate and complex networking needs. Speedcom Technologies Inc. is ranked as the 37th fastest-growing private company in Silicon Valley (Oct 22, 1999 The Business Journal).

About CompareBay.com
CompareBay.com is the leading provider of e-commerce infrastructure software designed to revolutionize the purchasing and selling process of Business-to-Business (B2B) and Business-to-Consumer (B2C) transactions. CompareBay.com offers hosted Internet services that enable Net market makers, Global 2000, mid-sized, and small businesses to quickly build electronic marketplaces, without installing or maintaining their own e-commerce infrastructures. These marketplaces allow businesses to leverage the Internet for new revenue opportunities as well as to reduce costs associated with their manufacturing/processing input procurement functions. CompareBay.com is a privately held company that received its seed funding from Canadian technology firm C/S Solution Consulting.


CompareBay.com and World Wide Buy Establish Co-Branded Shopping Service for World Wide Buy's Millions of Users

World Wide Buy to Add Comparison Shopping Services to Its Global Network

Hayward, CA, February 14, 2001 -- The launch of Worldwidecompare.com means that shoppers can now find the exact product that they are looking for as well as finding sellers that sell the product at the best price or sellers that are the most conveniently located. Buyers no longer have to search the Web and print advertisements continuously to find the best best deals because Worldwidecompare.com does the work for them in a matter of seconds.

Visitors to Worldwidecompare.com simply select the product they want to purchase, indicating manufacturer, model, and other product specifications and then name their pricing requirements. Worldwidecompare.com proceeds to do the shopping legwork for consumers, instantly returning matches and directing shoppers to the online retailers where their products can be purchased. If a match is not immediately found or a consumer wants to wait for a better offer, Worldwidecompare.com, through its continuous search and notification capabilities, can track deals over time and immediately notify consumers of additional deals that meet their product selections.

"Same as Worldwidebuy.com also Worldwidecompare.com is focused on outside USA customers." said Bruno Ricci, CEO of Worldwidebuy.com. "We are excited about teaming with CompareBay.com and look forward to providing our customers the most useful comparison shopping site."

About World Wide Buy
Positioned in the cross section of two of the fastest growing industries in the world - e-commerce and business-to-business web services - Worldwidebuy.com (WWB) is poised to become a worldwide leader in building eShopping marketplace for ouside USA residents. Founded in 1999 by Bruno Ricci, 39, the WWB Web site is in partnership via affiliation programs with more than 600 merchants. On Nov. 22, WWB rolled out WWBmail, a free multi-lingual web-based e-mail service to send and receive e-mails in any e-mail account in 41 different languages through a virtual keyboard. At the same time, WWB unveiled WWBuy.net, a multi-lingual eBusiness portal for small-medium size Companies from all over the world. On Jan. 10, Worldwidebuy.com launched a branded affiliate program in partnership with LinkShare Corporation, the leader of performance marketing. This has all been accomplished while the company is still seeking its first round of venture capital financing.

About CompareBay.com
CompareBay.com is the leading provider of e-commerce infrastructure software designed to revolutionize the purchasing and selling process of Business-to-Business (B2B) and Business-to-Consumer (B2C) transactions. CompareBay.com offers hosted Internet services that enable Net market makers, Global 2000, mid-sized, and small businesses to quickly build electronic marketplaces, without installing or maintaining their own e-commerce infrastructures. These marketplaces allow businesses to leverage the Internet for new revenue opportunities as well as to reduce costs associated with their manufacturing/processing input procurement functions. CompareBay.com is a privately held company that received its seed funding from Canadian technology firm C/S Solution Consulting.


CompareBay.com Announces Strategic Partnership with United Gaming Network

Online Gaming Review Site to Create Shopping Section Using the CompareBay PortalSite

Hayward, CA, January 18, 2001 -- United Gaming Network (UGN) and CompareBay.com announced today a strategic alliance in which CompareBay.com will use its flagship CompareBay PortalSite solution to create the UGN Mall, a shopping destination for UGN's loyal audience of gamers. Through the use of the UGN Mall, both UGN and CompareBayl.com will earn a commission on sales referred to online retailers of the mall. This creates a new, significant revenue stream for both companies.

"We are delighted to have UGN join the ever growing CompareBay.com network. By continuing to partner with reputable companies, CompareBay.com is able to increase public awareness of its flagship e-commerce infrastructure solutions." said Michael Ye, president and COO of CompareBay.com.

About CompareBay.com
CompareBay.com is the leading provider of e-commerce infrastructure software designed to revolutionize the purchasing and selling process of Business-to-Business (B2B) and Business-to-Consumer (B2C) transactions. CompareBay.com offers hosted Internet services that enable Net market makers, Global 2000, mid-sized, and small businesses to quickly build electronic marketplaces, without installing or maintaining their own e-commerce infrastructures. These marketplaces allow businesses to leverage the Internet for new revenue opportunities as well as to reduce costs associated with their manufacturing/processing input procurement functions. CompareBay.com is a privately held company that received its seed funding from Canadian technology firm C/S Solution Consulting.


CompareBay.com Signs Marketing Agreement with FreeShop.com

Alliance Helps Introduce Small Business Owners to the Benefits of the CompareBay SellSite

Hayward, CA, December 15, 2000 -- FreeShop.com, Inc. (Nasdaq: FSHP), a leading online direct marketing network, and CompareBay.com, a leading e-commerce infrastructure provider, today announced a new marketing partnership. The partnership will introduce the CompareBay SellSite to FreeShop's millions of registered customers and significantly grow its user base.

"We are excited about our alliance with FreeShop," said Niels Morten Hjortsvang, director of business development at CompareBay.com. "This deal will create better awareness of our flagship CompareBay SellSite product."

"Marketers across the nation are realizing the power of FreeShop and our proven customer acquisition model," said Tim Choate, FreeShop.com's president and CEO. "We have generated millions of orders for marketers of all kinds and are delighted with our continued growth in traditional and online marketer clients."

About FreeShop.com, Inc.
FreeShop.com is a leading online direct marketing network, specializing in customer acquisition for marketers. Consumers seeking to explore, learn about or try new products can choose from a variety of free, trial and promotional offers from hundreds of well-known companies. The FreeShop Network includes FreeShop.com ( http://www.freeshop.com ), featuring free and trial offers; CatalogSite ( http://www.catalogsite.com ), offering hundreds of free catalogs; and Worldwide Brochures ( http://www.wwb.com ), offering over 15,000 free travel brochures. FreeShop.com is headquartered in Seattle, Washington, and publicly traded on Nasdaq: FSHP. For more information, please visit http://corporate.freeshop.com .

About CompareBay.com
CompareBay.com is the leading provider of e-commerce infrastructure software designed to revolutionize the purchasing and selling process of Business-to-Business (B2B) and Business-to-Consumer (B2C) transactions. CompareBay.com offers hosted Internet services that enable Net market makers, Global 2000, mid-sized, and small businesses to quickly build electronic marketplaces, without installing or maintaining their own e-commerce infrastructures. These marketplaces allow businesses to leverage the Internet for new revenue opportunities as well as to reduce costs associated with their manufacturing/processing input procurement functions. CompareBay.com is a privately held company that received its seed funding from Canadian technology firm C/S Solution Consulting.


CompareBay.com Delivers CompareBay SellSite 2.0

CompareBay.com Releases the Latest Version of Its E-Commerce Storefront Solution

Hayward, CA, November 24, 2000 -- CompareBay SellSite, the Internet's most advanced e-commerce platform, has vastly expanded its suite of applications and services with the release of Comparebay SellSite 2.0. The new features not only further automate core store-building and order fulfillment functions but offer an expanded network of marketing relationships, online community, business information and discounted services.

New Features

  • Simultaneously facilitate both B2B and B2C e-commerce transactions
  • Unlimited number of products spanning multiple, diverse product categories
  • Powerful site configuration module that can customize all aspects of the storefront
  • Customizable user interface allow for better brand recognition
  • Ability to sell non industry-standard, custom products
  • Cross-selling technologies
  • Inventory tracking
  • Volume discount pricing
  • Detailed reporting
  • Detailed order management and tracking
  • Real-time reports on in-depth site traffic information
  • Send customizable emails simultaneously to all registered buyers
  • Products are automatically listed on selected CompareBay PortalSite search engines
  • Direct one-to-one price negotiation
  • Purchase list to track specific products and prices
  • Custom price alerts
  • User submitted reviews on every product
  • Multiple currencies and product conditions
  • New product releases lists
  • Top seller charts
  • Browse by product brands

"From its beginnings, CompareBay SellSite has been developed as a solution that enable merchants to outsource the entire technological aspects of developing and maintaining a successful e-business." said Xin Zhou, CTO of CompareBay.com. "In order to completely reach that goal, numerous time-saving and advanced features have been incorporated into CompareBay SellSite 2.0, to further solidify it as the number one turnkey e-commerce storefront solution."

About CompareBay.com
CompareBay.com is the leading provider of e-commerce infrastructure software designed to revolutionize the purchasing and selling process of Business-to-Business (B2B) and Business-to-Consumer (B2C) transactions. CompareBay.com offers hosted Internet services that enable Net market makers, Global 2000, mid-sized, and small businesses to quickly build electronic marketplaces, without installing or maintaining their own e-commerce infrastructures. These marketplaces allow businesses to leverage the Internet for new revenue opportunities as well as to reduce costs associated with their manufacturing/processing input procurement functions. CompareBay.com is a privately held company that received its seed funding from Canadian technology firm C/S Solution Consulting.


Micro League Inc. to Use the CompareBay SellSite to Deploy High-End B2B E-Commerce Storefront for the Computing Industry

Online Computing Retailer to Create New E-Commerce Site Powered by the CompareBay SellSite

Hayward, CA, October 4, 2001 -- Micro League Inc. has agreed to choose the CompareBay SellSite as the backbone of their new e-commerce initiative. In order to diversity their revenue stream, Micro League has decided to launch a new website with B2B functionality such as reverse auctions and volume discounts. To avoid the high costs associated with developing and maintaining these features in-house, Micro League will use a turnkey solution offered by CompareBay.com to quickly design and deploy its online store.

About Micro League Inc.

Since 1988, Micro League has been a leading value added reseller and single source solution provider. We provide one-stop shopping on all hardware, software, system integration, connectivity, service, and repair. As a factory trained and authorized service center, we take pride on performing unsurpassed service on all types of configuration and repair on servers, laptops, desktops, monitors, printers and accessories. Based in Santa Monica, CA; Micro League is partnered with industry leading manufacturers and distributors offering you the broadest possible access to quality products. This alliance and our purchasing power entitles us to bring you the most competitive pricing with the fastest and the most reliable logistics anywhere in the world

About CompareBay.com
CompareBay.com is the leading provider of e-commerce infrastructure software designed to revolutionize the purchasing and selling process of Business-to-Business (B2B) and Business-to-Consumer (B2C) transactions. CompareBay.com offers hosted Internet services that enable Net market makers, Global 2000, mid-sized, and small businesses to quickly build electronic marketplaces, without installing or maintaining their own e-commerce infrastructures. These marketplaces allow businesses to leverage the Internet for new revenue opportunities as well as to reduce costs associated with their manufacturing/processing input procurement functions. CompareBay.com is a privately held company that received its seed funding from Canadian technology firm C/S Solution Consulting.


ArabShops.com and CompareBay.com Create the Largest Arabic Music Store on the Internet

CompareBay SellSite to be Used for Online Arabic Music Store

Hayward, CA, September 13, 2000 -- In response to strong demand in the Arabic community for a user-friendly and feature-rich Arabic online music shopping site, ArabShops.com will be launched with technology provided by the CompareBay SellSite.

"Before choosing CompareBay.com, we performed a detailed evaluation of numerous storefront solutions on the market. We soon realized that the only way for us to create a high-end e-commerce site and launch it within a week is through the use of the CompareBay SellSite solution. The CompareBay SellSite beats all other solutions hands down in terms of feature set, time-to-market, support, and pricing." said Ahmed Hassawa, CEO of ArabShops.com.

About CompareBay.com
CompareBay.com is the leading provider of e-commerce infrastructure software designed to revolutionize the purchasing and selling process of Business-to-Business (B2B) and Business-to-Consumer (B2C) transactions. CompareBay.com offers hosted Internet services that enable Net market makers, Global 2000, mid-sized, and small businesses to quickly build electronic marketplaces, without installing or maintaining their own e-commerce infrastructures. These marketplaces allow businesses to leverage the Internet for new revenue opportunities as well as to reduce costs associated with their manufacturing/processing input procurement functions. CompareBay.com is a privately held company that received its seed funding from Canadian technology firm C/S Solution Consulting.


CompareBay.com Launches CompareBay MarketPlace

CompareBay.com Creates Global E-Commerce Marketplace

Hayward, CA, August 2, 2000 --CompareBay MarketPlace is an open B2B and B2C portal for e-commerce. It serves a community of qualified business buyers that want to participate in e-commerce transactions with their suppliers to streamline their procurement processes and communicate with them in real time. It also allow consumers to easily compare retail pricing from a large number of merchants simultaneously and then securely place orders from one centralized location. CompareBay MarketPlace is the first portal created by the CompareBay PortalSite technology, currently serving the United States and Canada. New B2B marketplaces powered by the CompareBay PortalSite will soon be established in the UK, Australia, China, and Japan and will interact with CompareBay MarketPlace to form the world's largest B2B trading community.

The CompareBay Marketplace allows buyers to find the exact products that they are looking for as well as finding sellers with the best prices or sellers that are the most conveniently located. Buyers can easily search for the products that they want to purchase by indicating the manufacturer, model, and numerous other product search criteria. CompareBay.com then proceeds to do the legwork for buyers, instantly returning matches and directing buyers to the sellers that can best meet their purchasing needs.

"The nature of capitalism dictates that certain markets will have never-ending price wars with a huge number of merchants all selling the same product at different prices. This makes comparison shopping and procurement a time consuming and inefficient task for buyers," said Michael Ye, president and COO of CompareBay.com. "To solve this problem, CompareBay.com offers consumers a simple and convenient way to compare prices on price-sensitive products."

"CompareBay.com will generate an significant amount of sales leads for sellers," continued Mr. Ye. "our centralized marketplace allows merchants to easily increase sales and tap into a huge audience of buyers that would be extremely difficult and expensive to obtain independently."

About CompareBay.com
CompareBay.com is the leading provider of e-commerce infrastructure software designed to revolutionize the purchasing and selling process of Business-to-Business (B2B) and Business-to-Consumer (B2C) transactions. CompareBay.com offers hosted Internet services that enable Net market makers, Global 2000, mid-sized, and small businesses to quickly build electronic marketplaces, without installing or maintaining their own e-commerce infrastructures. These marketplaces allow businesses to leverage the Internet for new revenue opportunities as well as to reduce costs associated with their manufacturing/processing input procurement functions. CompareBay.com is a privately held company that received its seed funding from Canadian technology firm C/S Solution Consulting.


CompareBay.com Delivers CompareBay SellSite 1.0

CompareBay.com Seeks to Automate E-Commerce Storefront Creation

Hayward, CA, July 27, 2000 -- The CompareBay SellSite is a hosted, customizable, turnkey, high-end storefront solution that enables any seller to conduct B2B or B2C e-commerce transactions. In contrast to the CompareBay PortalSite, the CompareBay SellSite facilitates the traditional one seller-multiple buyers system of e-commerce. All of CompareBay PortalSite's B2B and parametric search technologies are also present in CompareBay SellSite, allowing the creation of storefronts that are capable of both B2B and B2C transactions. According to a recent report from Forrestor research, it would cost on average at least $1 million for retailers to develop a stable e-commerce site with basic functionality that comes no where close to the features offered by CompareBay SellSite.

"By combining B2B functionality into CompareBay SellSite, it will be able to attract suppliers in diverse B2B industries to setup shop online using CompareBay SellSite." said Michael Ye, president and COO of CompareBay.com. "For many merchants that utilize the CompareBay SellSite, CompareBay.com becomes their sole e-commerce technology supplier. Due to the critical role that CompareBay.com plays in those organizations, it will be able to build long lasting relationships with each and every one of them."

About CompareBay.com
CompareBay.com is the leading provider of e-commerce infrastructure software designed to revolutionize the purchasing and selling process of Business-to-Business (B2B) and Business-to-Consumer (B2C) transactions. CompareBay.com offers hosted Internet services that enable Net market makers, Global 2000, mid-sized, and small businesses to quickly build electronic marketplaces, without installing or maintaining their own e-commerce infrastructures. These marketplaces allow businesses to leverage the Internet for new revenue opportunities as well as to reduce costs associated with their manufacturing/processing input procurement functions. CompareBay.com is a privately held company that received its seed funding from Canadian technology firm C/S Solution Consulting.


CompareBay.com Delivers CompareBay PortalSite 1.0

CompareBay.com Brings Comparison Shopping Technology to the Masses

Hayward, CA, July 27, 2000 -- CompareBay.com today announced the general availability of CompareBay PortalSite 1.0. The CompareBay PortalSite allows the creation of open, B2B and B2C trading portals that provide unprecedented economies of scale for buying organizations, suppliers, and services providers worldwide. Each portal is independently owned and operated by market makers or online intermediaries in a region or industry. The result is the greatest choice for all trading partners - the largest choice of suppliers, prices and selection for buyers, the largest market for goods and services for suppliers, and new efficiencies and opportunities for net market makers.

Marketplaces built using CompareBay PortalSite are able to streamline purchasing, selling, and other commerce services for their registered users. Through a simple-to-use Web interface, members can enjoy reverse auctions, volume discounted pricing, streamlined procurement functions, and a single point of access to an organized world of business products and services.

"This is the ideal solution for the Internet market maker. They can turn their supply chain into a revenue generating opportunity, leverage their domain expertise into strategic e-commerce solutions, and deliver B2B commerce to trading partners of any size quickly. In addition to providing interactive, real-time transaction enablement and supporting the complete trading process, the CompareBay PortalSite provide Internet market makers with all necessary hosting and support services. Companies work with CompareBay.com to deploy their own branded portals very rapidly, sometimes in a matter of hours. The scaleable technology is hosted and maintained on CompareBay.com's servers, eliminating the need for the company to utilize any engineering or IT resources to develop and maintain their own portal. This allows each market maker to devote all of their resources to managing quality content, while CompareBay.com handles all technical issues." said Alex Ye, chairman and CEO of CompareBay.com.

About CompareBay.com
CompareBay.com is the leading provider of e-commerce infrastructure software designed to revolutionize the purchasing and selling process of Business-to-Business (B2B) and Business-to-Consumer (B2C) transactions. CompareBay.com offers hosted Internet services that enable Net market makers, Global 2000, mid-sized, and small businesses to quickly build electronic marketplaces, without installing or maintaining their own e-commerce infrastructures. These marketplaces allow businesses to leverage the Internet for new revenue opportunities as well as to reduce costs associated with their manufacturing/processing input procurement functions. CompareBay.com is a privately held company that received its seed funding from Canadian technology firm C/S Solution Consulting.


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