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PurchasePro launches new system

Monday, April 30, 2001 | 10:47 a.m.

Las Vegas-based Internet firm PurchasePro said it launched e-Source, a product enabling midsized and large businesses to conduct reverse auctions on the Internet.

The system -- an addition to the main PurchasePro buying-selling software -- enables company buyers to create and send electronic requests for information, requests for quotes and determine auction times.

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