Cents and Sensibility - Kimberly and Friends' Consortium Message Board

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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: coissant who wrote (53386)	12/29/1999 3:31:00 PM
From: puborectalis	Read Replies (1) of 108040

PSDI little known but a potential giant in the B2B machhinery area...recent item.... Motion Industries Selects MRO.com for its e-Procurement to Capital Intensive Customers $2 Billion Industrial Supply Distributor to Connect to Leading Marketplace of MRO Goods and Services; Motion's Customers Gain Access to Growing Resource for Purchasing Indirect Materials BEDFORD, Mass. - December 13, 1999 - MRO.com, Inc., a leading provider of MRO e-Commerce systems and wholly-owned subsidiary of PSDI (NASDAQ:PSDI), today announced that Motion Industries, Inc. has selected MRO.com's mroMarketplace as an important component of its overall e-Procurement strategy. Motion Industries Inc., a wholly-owned subsidiary of Genuine Parts Company (NYSE: GPC), is the world's largest distributor of bearings, mechanical, electrical and fluid power transmission replacement parts, and hose products with 1998 sales in excess of $2 billion. The agreement was signed in Q4 of PSDI's 1999 fiscal year.

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