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To: Chas who wrote (51571)7/7/2000 9:14:05 AM
From: DJBEINO  Respond to of 53903
 
NECX.com Enters Into Agreement to Acquire American IC Exchange
VerticalNet's NECX.com to Acquire Prominent B2B Electronics Exchange
PEABODY, Mass.--(BUSINESS WIRE)--July 6, 2000--NECX.com LLC, a wholly owned subsidiary of VerticalNet, Inc. (Nasdaq: VERT - news), announced today that it has signed a definitive agreement to acquire American IC Exchange (``AICE''), a privately held electronics exchange based in Aliso Viejo, CA. NECX.com, one of the world's largest centralized market makers for semiconductors, electronic components, computer products and networking equipment, will integrate AICE's resources to expand the capabilities of NECX's Global Electronics Exchange(TM), a leading trading community for purchasing and materials management professionals in the electronics and high technology industries.

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