SpecBid.com Launches New Buy Smarter, Build Better Online Exchange in NYC Metro Area

NEW YORK, NY, April 05, 2012

SpecBid.com, the first and only online exchange dedicated to the building supply industry today announced an expanded beta test program open to all NYC Metro area contractors and suppliers.

SpecBid helps buyers and sellers Buy Smarter and Build Better - which means saving Time and Money. Founded in 2010, by industry veteran Christopher Cardillo, SpecBid has been in a private beta via invitation only since early 2011. "We are so excited about the response we've received from all types of companies in the industry. In just a matter of months our exchange has helped buyers save real money and suppliers have connected with new customers without chasing expensive leads or wasting time cold calling," Cardillo said.

"It's honestly the best idea I've seen in years." Says John Donoghue, a 30-year industry veteran and Project Executive for one of NYC's largest contractors.

"For too long this industry has lagged behind while others have embraced technology. With SpecBid I can stop wasting time calling suppliers and spend more time focused on my clients. Not to mention the huge savings I've already received by submitting specs through SpecBid," said Gary Randone, a Long Island homebuilder and one of SpecBid's early test users. "This game changer and we're excited to have been early adopters," Randone continued.

About SpecBid.com: SpecBid streamlines and simplifies the process of buying and selling materials. Our technology platform saves times and reduces the effort required.

For product demonstrations or to speak with Christopher Cardillo, CEO please contact ccardillo@specbid.com

SpecBid.com is the First and Only online marketplace exchange dedicated to the Building Products Industry. For additional information, please contact Chris Cardillo at (516)-317-5057