FREE TRADE ZONE INCORPORATES CAPSXPERT DATABASE.PartMiner, Inc., New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , a leading business-to-business marketplace for the electronic components industry, has acquired all the capital stock of IQXPERT, a provider of component and supplier management software and services. IQXPERT owns CAPSXpert, the world's largest subscription-based collection of electronic component information, and ItemQuest, a leading component and supplier management solution. This $100-million acquisition represents one of the biggest Internet deals ever within the electronic components industry. PartMiner intends to incorporate the entire CAPSXpert database of 15 million components -- semiconductor, passive and active components, interconnect devices, and discontinued components -- into the Free Trade Zone, PartMiner's online marketplace. Both CAPSXpert and ItemQuest are scheduled to be fully integrated into the Free Trade Zone when it launches next year, providing a complete array of technical data sheets and a comprehensive set of tools to effectively manage inventory and optimize procurement processes. This latest announcement is one of a series of acquisitions and partnerships made by PartMiner to better serve its customer base. Currently, over 100,000 engineers and buyers of electronic components have registered to use PartMiner 3.0, a free online sourcing tool, to more effectively source parts from suppliers. The IQXPERT acquisition will provide PartMiner access to the current IQXPERT customer base that boasts over 2,000 companies including United Technologies, AlliedSignal, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , and TRW TRW The Real World (TV reality show) TRW The Right Way TRW Tactical Reconnaissance Wing TRW The Retriever Weekly (University of Maryland, Baltimore, MD) TRW Thompson Ramo Wooldridge Inc . "This acquisition puts us one step closer to our goal of making the Free Trade Zone the leading Internet hub for the electronic components industry," said Dan Nissanoff, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of PartMiner. "By combining decision oriented information, advanced online transaction processing See transaction processing and OLCP. , supply chain management, and industry specific content, we can offer buyers and sellers the most comprehensive online marketplace in this industry." "In today's digital economy, companies must be willing to cannibalize can·ni·bal·ize v. can·ni·bal·ized, can·ni·bal·iz·ing, can·ni·bal·iz·es v.tr. 1. To remove serviceable parts from (damaged airplanes, for example) for use in the repair of other equipment of the same their current revenue stream in order to continue to grow and uncover potentially greater markets," said Chris Meyer, chairman of IQXPERT and president of IHS IHS (I.H.S.) first three letters of Greek spelling of Jesus; also taken as acronym of Iesus Hominum Salvator ‘Jesus, Savior of Mankind.’ [Christian Symbolism: Brewer Dictionary, 480] See : Christ IHS Group. "We see PartMiner and the Free Trade Zone as the right vehicle to help us do that; we are ecstatic to become part of what IHS believes will be the industry's leading marketplace for electronic components" About IQXPERT Headquartered in Englewood, Colorado Englewood is a city in Arapahoe County, Colorado, USA. As of 2005, the city is estimated to have a total population of 32,350.[5] It is part of the Denver-Aurora Metropolitan Area. , IQXPERT is a leading provider of component and supplier management (CSM CSM - ["CSM - A Distributed Programming Language", S. Zhongxiu et al, IEEE Trans Soft Eng SE-13(4):497-500 (Apr 1987)]. ) solutions for manufacturers. IQXPERT is an industry leader in the three critical CSM elements: software, content, and implementation services. IQXPERT's advanced software technologies, partnerships, and service and deployment methodologies are acknowledged by the industry's leading analysts as providing the most rapid and cost effective CSM implementation. IQXPERT's content database, CAPSXpert, represents the world's largest and most comprehensive collection of information on electronic and electro-mechanical components. IQXPERT's customers include AMD (Advanced Micro Devices, Inc., Sunnyvale, CA, www.amd.com) A major manufacturer of semiconductor devices including x86-compatible CPUs, embedded processors, flash memories, programmable logic devices and networking chips. , Lockheed Martin, Smith Industries Aerospace, Seagate Technology, Solectron, SONY, Space Systems/Loral, and TRW/Lucas Aerospace. For more information, visit the IQXPERT Web site at www.IQXPERT.com. IQXPERT was a subsidiary of IHS Group, an international publisher of electronic information databases serving the information needs of a variety of technical, professional and business markets. IHS Group has annual sales of $ 450 million and employs 3,200 worldwide. About PartMiner PartMiner, Inc. is pioneering a new type of online marketplace, the Electronic Commerce Free Trade Zone, to allow buyers and sellers to communicate and interact more effectively within the $200 billion electronic component industry. Currently, more than 100,000 registered users at companies like Hewlett-Packard, IBM, Motorola and Toshiba use PartMiner's technology to research, source and purchase electronic components online. PartMiner is headquartered in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. at 432 Park Avenue South, 12 Floor, NY, NY 10016, with offices in Asia, Europe, North America and the Middle East. For more information, call 212-367-6815. 
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