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ZDNet Teams With Newmediary to Provide Request for Proposal eMarketplace For ZDNet Users.

Business/Technology Editors

NEWTON, Mass.--(BUSINESS WIRE)--Jan. 9, 2001

IT Professionals and Small Business Managers to Benefit from Easy

Access to a Range of Business Services

Newmediary, Inc. (www.newmediary.com), which builds and manages online directory solutions for content and community sites, today announced it has formed a strategic alliance with CNET Networks, Inc., (Nasdaq:CNET), the global source of technology and commerce-related information, data, exchanges, and services.

ZDNet (www.zdnet.com), a division of CNET Networks, will integrate the Newmediary service into its popular Business & Technology channel for small business and IT professionals, providing its users access to a tightly integrated request for proposal (RFP) engine, where they can easily identify and contact a range of service providers for their business needs. Newmediary's RFP service and interactive directory of service providers will power the new ZDNet IT RFP Center (http://www.newmediary.zdnet.com/zdnet.asp).

"This alliance with Newmediary supports our strategy to integrate our leading technology business content with services that make CNET Networks a one-stop, interactive business-to-business resource," said Dan Farber, executive vice president of Content Development & Integration for ZDNet. "No one is better positioned than CNET Networks to connect qualified eBusiness service providers with buyers that have targeted needs. The ZDNet IT RFP Center gives our audience yet another valuable tool to help them meet their marketing and outsourcing challenges."

Using Newmediary's RFP tool, members of ZDNet's Small Business and IT professional communities now have the power of a corporate purchasing department right at their fingertips. Through the use of project description templates and easy-to-use Web and email-based RFP workflow tools, Newmediary eliminates the time-consuming and laborious process of sifting through bids for proposals to find the right consultancy for the job. Newmediary's RFP service will help ZDNet's users collapse the process into a series of simple steps and ultimately find quality service providers, ranging from legal to public relations to Web design, to economically deliver the business solutions they seek.

Newmediary builds and manages the largest network of online directories that enable content and community sites to extend their brand and create recurring revenue streams. Newmediary supplies its partners with private-label directories and a robust, RFP-powered search tool. The Newmediary network of more than 30 partner directories currently features close to 20,000 registered service providers, who have gained access to over $200 million in qualified RFPs since Newmediary's launch in April 2000.

"Our RFP-powered tool has become an extremely active service since our launch in April, brokering more than $230 million worth of business for our qualified participants," said John Federman, president and CEO of Newmediary. "We're excited for the incredible exposure we'll get on ZDNet, to millions of IT and small business users. Our RFP service has been uniquely adapted to complement the specific content and audience needs of the ZDNet Business & Technology channel."

With an initial focus on e-business services, Newmediary is now partnering with leading brands in other verticals such as public relations and legal. Newmediary supplies its partners with private-label directories and a robust, RFP-powered search tool.

ABOUT CNET NETWORKS, INC.

CNET Networks, Inc. (Nasdaq:CNET), is the global source of technology and commerce-related information, data, exchanges and services. As a top 10 Internet company with established Web sites in 25 countries and 16 languages, CNET Networks connects buyers, sellers and suppliers throughout the IT supply chain with award-winning content via the Web, wireless devices, television, radio and print. Its respected brand portfolio includes CNET, ZDNet, mySimon, News.com, TV.com, Computer Shopper magazine, SmartPlanet.com, and CNET Radio, as well as CNET Channel Services, including CNET Data Services, CNET Media Services and Channel Online. The company's vision is to educate and empower people and businesses by unlocking the potential of the technology world to make things easier and faster, and by helping them make smarter buying decisions.

ABOUT NEWMEDIARY, INC.

Newmediary builds and manages the largest network of online directories that enable content and community sites to extend their brand and create recurring revenue streams. Focusing on e-business services and working with leading brands in the publishing and Internet arenas, Newmediary supplies its partners with private-label directories and a robust, RFP-powered search tool. Newmediary also provides customer support, telesales and co-op marketing programs to guarantee the success of each partner's directory. Newmediary's unique technology and full-service offering enables partners to generate online subscription revenues and increase site stickiness without distracting them from their core business.

Based in Newton, MA, Newmediary was founded in April 1999. The company is privately-held and backed by leading venture capital firms including, GE Equity, Advanced Technology Ventures, Commonwealth Capital, and Still River Fund. Newmediary's management team hails from such leading B2B organizations as The New York Times Company Digital, Switchboard.com, Engage, and Ziff-Davis.
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
Geographic Code:1USA
Date:Jan 9, 2001
Words:793
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