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Corporate Profile for Virtual Chip Exchange, dated February 23, 2001.


Business Editors

--(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:   February 23, 2001

Company Name:     Virtual Chip Exchange

Address:          140 Fell Court
                  Hauppauge, NY  11788

Main Telephone
 Number:          631/851-2800

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

Chief Executive
 Officer:         Michael Wood, President

Chief Financial
 Officer:         Andrew Davis, Financial Controller

Investor Relations
 Contact:         Michael Wood
 Business number: 631/851-2800
 E-mail address:  info@virtualchip.com

Public Relations
 Contact:         Scott Mack
 Business number: 631/851-2844
 E-mail address:  smack@virtualchip.com

Industry:         Electronic Components

Trading Symbol/
 Exchange:        N/A


Company description: Virtual Chip Exchange is the leading B2B e-commerce (Business to Business Electronic-COMMERCE) Refers to one business selling to another business via the Web. See e-commerce.  trading hub for chips. For the first time, Virtual Chip Exchange provides transparency (1) The quality of being able to see through a material. The terms transparency and translucency are often used synonymously; however, transparent would technically mean "seeing through clear glass," while translucent would mean "seeing through frosted glass." See alpha blending.  in the highly complex semiconductor market. Qualified OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and  member companies can log onto the Virtual Chip Exchange website to purchase the microchips they need, offer their excess stock for sale and to obtain world-wide news, market prices, delivery lead-times and technical information from the semiconductor industry.

Since its founding in 1997, Virtual Chip Exchange has outperformed industry expectations. With thousands of OEM member companies in over 40 countries worldwide, Virtual Chip Exchange is the only truly international trading hub for chips. Virtual Chip's current online offering of over $ 500 million in excess semiconductor inventory is the largest in the industry.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 23, 2001
Words:246
Previous Article:Corporate Profile for Ecocys Technologies Inc., dated Feb. 23.
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