Retex, the nation's largest retail technology buying consortium, representing more than 2,100 retail members, has selected Cyber Merchants Exchange, d.b.a. C-ME.com (OTCBB:CMEE), as its exclusive provider of choice for retail merchandise sourcing.

Through an innovative Internet Sourcing Network (ISN), C-ME.com will connect retailers with manufacturers to provide rapid access to the world's products.

According to Umberto Gallo, president and chief operating officer of Retex: "To remain competitive, our members are searching for new and innovative products from manufacturers around the globe. C-ME.com provides an extremely cost-effective and efficient Internet solution to connect our retailers with an unlimited number of manufacturers, customizing the network to meet the specific needs of the retailer."

"It's a win-win situation for both the member and the manufacturer," he added. "The Retex member incurs no expense to receive this service and the manufacturer will showcase its products to specific and targeted buyers."

C-ME.com's Web-based ISN consists of customized private extranets that connect retail buyers with their vendors using the Internet, without legacy system integration. C-ME.com builds and maintains each extranet according to each retailer's specific requirements, at no cost to the retailer. A demonstration of the ISN is available at www.c-me.com/isn/demo/

"We are pleased to be able to offer our Internet Sourcing Network(TM) (ISN) to Retex members," said Serena Kokjer-Greening, COO of C-ME. "The ISN allows retail buyers to efficiently, globally source a broad range of products while streamlining the sourcing process. And because of its design, we've seen that use of the ISN enhance a retailer's profit margins both by shortening the overall speed to market and through significant time and cost savings."

Retex, founded by 10 retailers including Barnes & Noble, The Gap, Brookstone, Charming Shoppes, Liz Claiborne, Trader Joe's, Musicland and General Nutrition Centers, among others, is a non-profit organization established to provide cost-effective and state-of-the-art technology products and services to retailers.

Retex has assisted both small and large retailers by leveraging their buying power for services such as IT equipment purchase, telecommunications, shared satellite communications, credit/debit card processing, check guarantee and verification, and electronic commerce. The non-profit organization also provides programs for merchandise sourcing; utility billing consolidation; audit and payment; office supplies; audio, video and Web conferencing; as well as online loyalty marketing.

These products and services are provided by 12 business partners including MCI WorldCom, Lockheed Martin Corp., National Processing Corp. (NPC), Hughes Network Services, Audit-Tel, Avista Advantage, Creative IT Solutions, Alliance Data Systems, International Check Services, Vialog Group Communications, C-ME.com and Retexsupply.com.

In addition to substantial invoice discounts, Retex members receive rebates on many programs and a potential year-end dividend. In just six years, Retex has returned $74 million to its membership. Membership is free. There are never any dues, fees or obligations to buy. Retex can be found on the World Wide Web at www.retex.com

The mission of Cyber Merchants Exchange Inc. d.b.a. C-ME.com (www.C-ME.com) is to use its proprietary Web-based software to create a global business-to-business e-commerce solution that streamlines the way retailers locate viable merchandise sources. C-ME.com's current retail partners include Factory 2-U Stores (Nasdaq: FTUS) and Burlington Coat Factory (NYSE:BCF).

The company also provides vendors with custom Web design and hosting, and the Virtual Trade Show (TM) ("VTS"), a vertical marketplace for vendors to display their product in an open environment. The company is also forming joint ventures in the Pacific Rim to facilitate direct international merchandise sourcing for its U.S. retail partners.