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StumbleLV firm selling software
Wednesday, July 11, 2001 | 10:43 a.m.
Las Vegas-based software firm PurchasePro said it completed the sale of two license agreements for its e-Source reverse auction product.
Financial terms and licensees were not disclosed.
The e-Source reverse auction product, which licenses for $1 million or more plus hosting and maintenance fees, allows suppliers to bid for a buyer's business in real time over the Internet.
The system enables buyers to create and send electronic requests for information and quotes on a wide range of products from landscaping services to machine parts.
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