TIS Worldwide, a leading e-business architect, and TexBid today announced the launch of the Internet's first comprehensive exchange devoted exclusively to the worldwide technical textile industry - http://www.texbid.com. The site, which was built by TIS' venture acceleration program, FLITE® E-Ventures, in less than 180 days, provides a centralized e-commerce exchange for industry products, from raw materials through finished goods.

The TexBid exchange offers end-to-end transaction support, a robust database of product specifications and technical data, along with a full array of credit and financial services, logistical, shipping and customs support. FLITE E-Ventures assisted in refining TexBid's e-business strategy, developed an end-to-end infrastructure to support critical applications, and helped find qualified technology staff to ensure its success and future growth.

"TIS helped us to recognize our technology needs, avoid potential pitfalls, and quickly develop our system so we could go live within six months of choosing our technology platform," said Eric Kamisher, founder and CEO of TexBid. "The company's deep technology expertise, rapid development methodology and accuracy allowed us to launch in time to meet the e-commerce needs of our customers within the technical textile industry."

As a neutral exchange platform, TexBid benefits both buyers and sellers within the industry. Sellers using the TexBid exchange are able to reach new markets for their products, offer new applications, and sell surplus online. Participants may tailor auctions to fit their needs. For example, a seller may target its auctions by a specific geographic area, credit rating or group of companies. For buyers, the TexBid exchange provides a centralized e-commerce marketplace, offering a vast selection of products, tools and equipment from around the globe. The site also includes credit validation and links to shipping and financial services, saving time and money for everyone involved.

Leveraging the expertise of FLITE, TIS' advanced e-business lab, TIS selected the best-of-class technology to drive this 24/7 global exchanges Ariba Dynamic Trade, Sun Microsystems, and Oracle. TIS provided integration and custom programming to tailor the system to the specific needs of the marketplace.

About TIS Worldwide

TIS Worldwide is an e-business solutions integrator specializing in delivering Internet-based applications that help corporations increase sales and improve customer service. TIS focuses on e-business strategy, solutions development, interactive marketing, and recruiting/placing of technology specialists. TIS founded FLITE®, the first factory for the rapid prototyping and development of e-business solutions, and is accredited as a Sun Authorized Java Center. For the fifth consecutive year, TIS has been named one of the fastest-growing companies in the country by Inc. Magazine, and in doing so has joined the elite ranks of the Inc. 500 All-Stars. For more information, please visit http://www.tisworldwide.com.

FLITE is a registered trademark of TIS Worldwide.