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hglobe.com Expands into Food and Beverage Supplies 
by Aligning with FSbuy.com 
IRVINE, July 13, 2000 � FSbuy, the leading F&B supplier for the food-service industry, revealed today the creation of a strategic partnership with hglobe.com, the hospitality industry�s premier online provider of customized e-procurement marketplaces.  Dubbed the industry�s first �full-service� e-procurement marketplace, the alliance enables FSbuy and hglobe.com to fulfill the purchasing needs of the entire supply chain for full-service properties and management companies.
 
The alliance is the first global marketplace to address all aspects of the hospitality procurement life cycle.  Enabling one point of contact for the entire hotel purchasing process, FSbuy and hglobe.com will provide a full range of products, including FF&E, room amenities, linens, flooring/carpet, maintenance supplies and F&B products and supplies.
 
Led by an experienced management team of F&B industry veterans, FSbuy has flourished in the food-service market by creating an efficient approach to the complex processes that traditionally accompany F&B purchasing.  Capitalizing on this unique process, both FSbuy and hglobe.com customers will benefit from simplified online ordering, rebates redemption and guaranteed rapid product delivery. 
 
The alliance enables FSbuy to rapidly expand into the growing hospitality F&B market by utilizing hglobe.com�s prominent industry presence and experience to quickly develop a recognizable market identity.
 
�Our partnership with hglobe.com allows us to mot only expand into the growing hospitality and food and beverage market, but gives our members a �one-stop shop� for purchasing products and supplies, � said Tim Carda, co-founder and acting chief executive officer for Anaheim, CA-based FSbuy.com.
 
Solidifying its front-runner advantage within the growing e-procurement market, the alliance nearly triples hglobe.com�s existing product offering and distinguishes the company as the industry�s most comprehensive online procurement resource.    
 
�We are very excited about partnering with such a prominent figure in the F&B circuit,� said hglobe.com CEO Rajan Hansji.  �Having decided to expand our online marketplace to include food and beverage supplies, we chose FSbuy because of their exceptional reputation and experience within the industry.�
 
About hglobe.com
Founded in 1999, hglobe.com is the hospitality industry�s only full-service online company, providing members with e-procurement, information, resources, communication tools and exemplary customer service.  
 
hglobe.com�s signature product, CORE (Custom Online Resource and E-Commerce) is the industry�s first fully-customizable e-marketplace for management companies.  Addressing the entire supply chain, CORE provides wireless ordering/receiving, full-service product offering with F&B capabilities and fully-integrated accounting and inventory systems.  CORE enables hoteliers to focus on their core competencies by standardizing supplier workflow, streamlining procurement processes and eliminating administrative and financial paperwork.  
 
About FSBuy.com
FSbuy.com is a �buyer centric and vendor neutral� ecommerce solution for the foodservice industry. The site unites foodservice buyers with distributors, dealers, reps and manufacturers through a single industry-specific website offering the �complete package� from food/paper, beverage products, equipment, smallwares/tabletop, janitorial, office supplies to consultants and service providers. This is a single-point-of-entry system for prequalified buyers and vendors to access industry information and current news events as well as a one-stop shopping tool for daily procurement, bidding, auctioning/reselling, budgeting and real-time reporting.
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Contact:
hglobe.com
Anand Ranchord
V.P. of Business Development
Telephone: (949) 553-9664
[email protected]

Also See Silverado and Zoho Corporation / Zoho; Internet Procurement Solution 
ePurchase.net Created As a Joint Venture Between ClubCorp and Harbinger; To Manage Purchasing at ClubCorp's Global Properties / April 2000 


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