15,000th Vendor Registers to use the FedConnect® eRFX Portal for Government Business and Funding Opportunities

95 of the Top 100 Civilian Agency Contractors¹ now use this online marketplace

Dulles, VA, July 14, 2009- Compusearch today announced that more than 15,000 government contractors are using FedConnect®, the eRFX portal for business and funding opportunities. Designed to complement and extend both FedBizOpps and Grants.gov, the FedConnect® vendor portal (www.fedconnect.net) is centrally-hosted, operated and managed as a cloud computing offering by Compusearch Software Systems, Inc. FedConnect® efficiently links the universe of prospective suppliers with the Federal Government's buyers and the solicitations they manage. Facilitating the transparency of the procurement process is vitally important at a time when the Federal Government is attempting to stimulate the economy through the American Recovery and Reinvestment Act. There is no cost to vendors to register and use the core bid response capabilities offered through FedConnect®.

The rapid rise in the number of vendors registered on FedConnect® directly corresponds to the growth in postings of business and funding opportunities, in terms of total numbers, opportunity types, and program offices represented. The Cabinet Departments now working business opportunities through the portal are Homeland Security, the Department of the Interior, and the Department of Energy.

Commitments to use FedConnect® have been received from the U.S. Department of Agriculture (USDA), the Social Security Administration (SSA) and the Environmental Protection Agency (EPA). FedConnect® supports secure, bi-directional, auditable communications between the Government's buyers and the supplier and grantee community, throughout the entire acquisition lifecycle, i.e. preaward, through award and finally post-award. For procurement and grants organizations FedConnect® makes possible the paperless office. Responses to RFI's, RFP's, and RFQ's are submitted electronically for accelerated evaluation and award. By visiting one website an interested party can search for current opportunities across all the participating government agencies. Through FedConnect®, offerors are able to acknowledge interest in opportunities, ask questions, submit quotations and proposals, and view award notices.

"Having more than 15,000 vendors working through FedConnect® for new business opportunities", said Reid Jackson, demonstrates the power of using a hosted, cloud computing environment successfully bringing transparency and accountability into the bidding and grant application process President, Compusearch Software Systems, Inc. "More than 500 new suppliers register every week," which is a tremendous rate of adoption increasing the network value to Federal Agencies.

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¹ A listing of the Top 100 Civilian Agency Contractors published by Government Executive on August 15, 2008

About Compusearch
Compusearch is the leading provider of enterprise software and services that automate mandated
business rules for public sector organizations with authority to spend, grant, or move funds.
Compusearch PRISM software is built specifically for US federal government agencies and is the most widely adopted federal acquisition and grants management system with more than 33,000 authorized users in more than 80 organizations across the civilian, intelligence, and defense sectors.

Compusearch's PRISM solution helps clients achieve their productivity and performance imperative while also providing enterprise wide visibility, control, and transparency throughout the acquisition and grants processes.

Compusearch is a privately held business headquartered in Dulles, VA.

For more information, visit www.compusearch.com.

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