AOL, PurchasePro Pen Agreements With Information Markets, Insurezone and Chinadotcom for Netbusiness

April 5, 2001

America Online and PurchasePro, an enabler of business-to-business, e-commerce solutions for companies of all sizes, have announced agreements with Information Markets Corp., InsureZone and Chinadotcom Corp. to establish private-label marketplaces that will be interconnected with the Netscape Netbusiness Marketplace.

In addition, IMC, a provider of fee-based question and answer marketplaces, will become a provider of expert small business advice for the Marketplace. The Netbusiness Marketplace, jointly developed by AOL and PurchasePro, is a global e-commerce network linking hundreds of communities and marketplaces to allow small, medium and large businesses to buy, sell and interact online.

These new agreements dramatically expand the procurement and supplier communities currently participating in the Netbusiness Marketplace, which also encompasses more than 140,000 businesses from PurchasePro’s extensive network of more than 290 private-label marketplaces.

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