IngredientsNet.com, the pioneering B2B e-marketplace dedicated to the food ingredients industry has been awarded winner of the Eircom/Irish Independent Business Award 2000 for the month of December for outstanding progress in the use of the Internet and e-business.


Since its launch in August 2000, IngredientsNet.com has already seen significant success with already nearly 400 members signed up to date.  IngredientsNet.Com has succeeded in attracting large players in the global food ingredients industry with over one quarter of the top food companies worldwide currently registered members and active participants of IngredientsNet.Com.  These major companies have joined IngredientsNet.com in a move towards enhancing their e-commerce strategy, due to the growing benefits that come with trading online, such as  lower costs, time saving benefits, higher efficiency levels and maximization of trading results.


“We are delighted with the success to date” reports Tom Galvin, CEO of IngredientsNet.com, who points out that IngredientsNet.com is one of the first food marketplaces that is currently trading. “Buy and sell trades were posted to the site from day one, and within one week of trading, the first deals was successfully transacted” reports Galvin.


IngredientsNet.com prides itself on its food industry expertise.  “It is important that the core management team come from the food industry as we know the industry and the problems that each of our members face in the procurement process”. “With the right IT infrastructure and the right food industry skills, we have come up with the perfect solution for food professionals that will enable their business to better compete and develop in the future”


Winners of the Eircom/Irish Independent and listed among the largest unlisted B2B e-commerce companies in Europe (Nomura Equity Research) are just some of the success stories to date that IngredientsNet.com have achieved in the short time it has been trading. Now with offices in Ireland, US and Germany, IngredientsNet.com has ambitious plans for 2001 with continued success on the European and US markets and expansion into Asia. 
For further information on IngredientsNet.com visit www.ingredientsnet.com