NISSCO EXCEEDS $1 BILLION IN BUYING POWER

NISSCO EXCEEDS $1 BILLION IN BUYING POWER

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New distributors give company over 200 members and warehouse facilities in 92 of the 100 largest U.S. markets

Dulles, VA – January 24, 2001 – NISSCO, LLC, one of the nation’s leading group purchasing organizations for the janitorial and sanitary supply industries, announced today that the aggregated buying power of its membership increased 30% in the fourth quarter of 2000 to exceed $1 billion annually.

The company was acquired in September 2000 by ebuyxpress, a leading B2B services company that focuses on real estate facilities. Since the acquisition and implementation of the new management team, the NISSCO membership has grown significantly, giving the company warehouse facilities in 92 of the largest 100 U.S. cities.

NISSCO President Ken Cossaboon said, “The growth of our membership has been in new geographic regions where NISSCO traditionally has not had representation. This expansion benefits our members with increased buying power and provides additional sales opportunities for our approved supplier partners. In addition, by increasing our national coverage we now have the ability to support national account customers.”

NISSCO is the foundation for the ebuyxpress integrated supply model, which is a national network of distributors delivering a complete bundle of facility-related supplies nationwide. Integrated supply provides distributors with expanded product offerings in 19 new product categories including safety, electrical, plumbing and hardware – without the cost of additional inventory. According to ebuyxpress CEO Chad MacDonald, “The launch of our integrated supply concept next month will provide NISSCO members with the opportunity to dramatically increase revenues and profitability. I think it is clear that the growth of NISSCO’s membership is the direct result of the Jan/San distribution community recognizing the additional value NISSCO provides its members beyond a traditional buying group.”

About NISSCO
NISSCO, LLC is one of the nation’s leading group purchasing organizations for the janitorial and sanitation industries with over 200 members and relationships with over 100 leading manufacturers. NISSCO is a wholly owned subsidiary of ebuyxpress.com LLC and is headquartered in Dulles, VA.

About ebuyxpress
ebuyxpress.com, LLC is a leading B2B services company that focuses on real estate facilities. With its extensive network of maintenance, repair and operating goods and service providers, ebuyxpress provides industry expertise and tools its partners and customers need to migrate from traditional to e-commerce initiatives, including supply chain management and technology consulting. ebuyxpress is headquartered in Dulles, VA, and was founded by veterans in facility services, distribution and procurement.

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