New Owners Enthusiastic about Growth Prospects for eDynaQuote™

The recent acquisition of eDynaQuote™ by Vista Auctions LLC was a strategic move that positions the State College, PA-based supplier of procurement consulting and reverse auction services to capitalize on a growing national trend by companies to streamline the purchasing process through use of electronic tools. Vista purchased eDynaQuote™ on June 28 from the Center for eBusiness and Advanced IT (eBizITPA) located in Knowledge Park, Erie, PA. eBizITPA developed and incubated eDynaQuote™.

Erie, PA (PRWEB) July 19, 2007 -- The recent acquisition of eDynaQuote™ (http://www.eDynaQuote.com) by Vista Auctions LLC was a strategic move that positions the State College, PA-based supplier of procurement consulting and reverse auction services (http://www.edynaquote.com/_theme/b4bnet/Pages/ServiceLevels.aspx) to capitalize on a growing national trend by companies to streamline the purchasing process through use of electronic tools. Vista purchased eDynaQuote™ on June 28 from the Center for eBusiness and Advanced IT (eBizITPA) located in Knowledge Park, Erie, PA. eBizITPA developed and incubated eDynaQuote™.

"eDynaQuote™ was exactly what we needed to take Vista to the next level, and the timing of this acquisition could not have been better," commented Bret Grady, Chief Executive Officer of eDynaQuote™ and Vista Auctions. "Not only is the eDynaQuote™ platform the perfect enhancement to Vista's business, but the market for electronic procurement services is growing rapidly as companies seek to streamline their purchasing processes, get the best value in supplier negotiations, and improve profit margins."

Vista recruited Grady specifically to run the eDynaQuote™ operation. With over 16 years of experience owning, growing and managing a diverse range of companies he brings a level of expertise that fits perfectly into the dynamic of running a fast paced company like eDynaQuote.

"Our first order of business is to expand upon eDynaQuote™'s recent sales growth while seeking new office space in Erie," said Grady. "We appreciate the flexibility of eBizITPA that enables us to make the move to new quarters as seamless as possible."

Marty Barclay, formerly General Manager of eDynaQuote™, has been named Chief Operating Officer, responsible for day-to-day operations in Erie, PA. Ryan Milliron, IT Manager, and Douglas Luthringer, Client Services manager, will continue in those positions.

"Our customers will continue to deal with the same staff and enjoy the same services they value from eDynaQuote™," noted Barclay. "In addition, Vista has the experience and resources that will enable us to expand our menu of services. The eDynaQuote™ platform is uniquely adept at meeting the specialized needs of clients. We serve clients in the manufacturing, education, high-tech, retail, government, building, and other sectors. All enterprises buy things on the basis of competitive bidding. eDynaQuote is used strategically to get the best available market price fairly and efficiently."

Vista also plans to expand its State College, PA operation and enhance its sales efforts with strategically located sales representatives based throughout the world.

eDynaQuote™ has saved clients millions of dollars with a unique combination of tools, training, and tailored support. Companies of all sizes are realizing the high returns possible with strategic spend management techniques and improved Purchasing processes. eDynaQuote is poised for high growth by serving this need. eDynaQuote's tailored programs range from "do-it-yourself" e-Sourcing tools to full-service spend analysis, to e-Sourcing project management, to customized e-Sourcing websites. eDynaQuote works to assess each client's unique needs to create a solution that fits that client's needs and budget.

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