REMINDER/FreeMarkets Challenges Media to Test Drive the FreeMarkets B2B Global Marketplace at SAE 2001

    --Feb. 27, 2001--FreeMarkets

    What's all the buzz about eMarketplaces? What's in these marketplaces for buyers and suppliers? How will eSourcing technologies affect the global automotive business? Find out at this year's SAE World Congress in Detroit.

What:     FreeMarkets(R) Media Event: "Test Drive the FreeMarkets B2B
          Global Marketplace." In an effort to separate the hype from
          reality, FreeMarkets will provide reporters with an
          unprecedented opportunity to "test drive" the eSourcing
          solutions that power its B2B Global Marketplace. During a
          live simulation of an online market, reporters will compete
          head-to-head in real time for the business of a Tier One
          automotive supplier using FreeMarkets BidWare(R) technology.
          Interested reporters can also get a crash course in
          FreeMarkets' new self-service eSourcing offering,
          FreeMarkets QuickSource(TM) solution, which allows
          customers to run their own eMarkets right from their
          desktops. A Q&A session will follow.

Who:      Kent Parker, Vice President and General Manager of
          FreeMarkets' automotive sector business

When:     Monday, March 5, 11:45 A.M. EST

Where:    SAE World Congress Show Floor -- Booth No. 5251