FedBid completes its 10,000th Reverse eAuction
May 1, 2004
FAIRFAX, VIRGINIA, May 1, 2004 - FedBid, Inc., the online marketplace for commodity buys, today announced that it had completed its 10,000th reverse auction.
“Achieving this milestone is a true testament of our team’s persistence and our customers’ willingness to embrace innovative ideas. We are very proud of our accomplishments and believe that it represents the hard work of our past, as well as, the realization of our future”, says FedBid Principal Mehrdad Sarmadi.
ABOUT: FedBid, Inc.
FedBid, Inc. provides online procurement services, including Reverse Auction and associated support services, through its buyer-driven online marketplace, www.FedBid.com. Today, procurement professionals across the federal government use FedBid to procure hundreds of millions worth of commodities and simple services. For more information, visit www.FedBid.com or call (877) 9FEDBID.