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Corporate Profile for NetBuy Corporation, dated Aug. 21.


--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-


Published Date:   Aug. 21, 1998

Company Name:     NetBuy Corporation

Address:          2251 Lawson Lane
                  Santa Clara, CA  95054

Main Telephone
 Number:          800/458-5766

Internet Home
 Page Address
  (URL)           www.netbuy.com

Chief Executive
 Officer:         Jim Wittry

Chief Financial

 Officer:         Barry Heller

Investor Relations

 Contact:         Barry Heller
 Business number: 408/746-3207

Public Relations
 Contact:         Zaballos & Associates
 Business number: 408/425-1581
 e-mail address:  sheree@zna.com (Sheree Fitzpatrick)
                  zee@zna.com (Zee Zaballos)

Industry:         Electronic Component Distribution





-0-

Company description: NetBuy, the world's largest E-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers.  purchasing service for electronic components, is revolutionizing the traditional distribution business with its innovative virtual distribution model.

NetBuy's www.netbuy.com delivers instant online access to thousands of parts from hundreds of manufacturers for professional buyers at OEMs, contract manufacturers, and electronics manufacturing This article presents a typical manufacturing process of an electronic assembly. Component manufacturing
Components such as resistors, capacitors and integrated circuits are generally made by specialized contractors.
. NetBuy's www.netbuy.com is the premier E-commerce service for electronic components requirements that typically include small order, shortage, and quick-turn manufacturing.

NetBuy opens a new channel for distributors by lowering their cost of doing business in serving this $5 billion "spot market.

With the world's largest aggregated online inventory representing electronic components from over 650 manufacturers. NetBuy's www.netbuy.com is a new kind of service that offers "one-stop'" shopping for the savvy, online buyers who can accelerate time-to-market, increase procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases.  productivity, adjust instantly to changes in the planning forecast and manufacturing schedule, and dramatically reduce the cost of acquisition.

To the buyer, NetBuy appears as a single, very large distributor with a vast array of in-stock components. Populated pop·u·late  
tr.v. pop·u·lat·ed, pop·u·lat·ing, pop·u·lates
1. To supply with inhabitants, as by colonization; people.

2.
 with aggregated inventory data downloaded daily from many franchised distributors, the site currently contains over 150,000 individual part numbers representing products from over 650 manufacturers.

  CONTACT: NetBuy Corporation


COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Article Type:Article
Geographic Code:1USA
Date:Aug 21, 1998
Words:316
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