Foodbuy.com (http://www.foodbuy.com), a leading e-services firm dedicated to all segments of the foodservice industry, continues to gain momentum in the food industry--garnering recognition from dbusiness.com as one of the Top 50 Companies to Watch in Atlanta for the second straight quarter, and from Restaurant Report, who named foodbuy.com's online business-to-business community for foodservice professionals, Foodservice.com, one of the Top 100 Hospitality Web sites for the food industry.

Each quarter, dbusiness.com reporters and editors evaluate growing private and small- to mid-cap companies in each of its 24 markets across the U.S. and determine which companies they expect will make news in the next three months. In Atlanta, foodbuy.com was one of eight private companies to make dbusiness.com's 2000 Q2 list and one of 23 in Q3.

Some of foodbuy.com's significant business announcements in the third quarter of 2000 included its acquisition of Foodservice.com, an online business-to-business community for foodservice professionals, and its selection of PurchasePro.com (Nasdaq: PPRO) to build an online e-Marketplace for its members to place and process supply orders online. Foodbuy.com, which has raised more than $17 million in financing, was also named to Forbes.com's "Best of the Web" list.

In addition to the recognition from dbusiness.com, Foodservice.com, foodbuy.com's online business-to-business community for foodservice professionals, tied for sixth place on the Restaurant Report's list of 100 hospitality Web sites. Foodservice.com received 24 out of 25 points for each of the four judging criteria--receiving a total score of 96 out of 100. Each hospitality Web site was judged on content, navigation, design and overall experience, and Restaurant Report specifically recognized Foodservice.com's forum area, which features lively discussions on industry topics related to foodservice, hospitality and customer service.

The Restaurant Report is a monthly business publication and weekly e-mail newsletter targeted to owners, chefs and key executives of restaurants, hotels and country clubs. The Restaurant Report is unique in that it's written specifically for the mid-scale/upscale restaurant market.

"In the third quarter of 2000, foodbuy.com has become the first and only portal offering a total foodservice business solution--content, community, group purchasing and data management services--and recognition from dbusiness.com and Restaurant Report solidifies foodbuy.com's position as a leader in the e-B2B marketplace," said Scott MacLellan, president and CEO, foodbuy.com. "As the single largest e-service opportunity in the $150 billion U.S. foodservice market, we differentiate our services from competitors by streamlining the industry's fragmented and inefficient purchasing processes to deliver dramatic cost-savings."

About foodbuy.com

Foodbuy.com is a leading provider of business-to-business e-commerce services for the $150 billion foodservice marketplace. The company, which has more than $1.4 billion in aggregated purchasing power, offers foodservice operators, distributors and manufacturers a comprehensive suite of online services, which includes an e-Marketplace, content, community, data management services and group purchasing, that optimize the way their organizations operate.

Foodbuy.com is headquartered in Atlanta, Ga., and also has a growing group of investors who include CMGI @Ventures, CMGI's venture capital affiliate and Morrison Management Specialists Inc. For more information, visit the company's Web site at http://www.foodbuy.com or call 800-896-4442.