RestaurantTrade (www.RestaurantTrade.com), the leading provider of Web-based software for independent restaurants and their suppliers, yesterday announced that a total of 42 new customers have signed on in the past two months.

The company attributes its success and the significant expansion of its customer base in New York to the recent solution upgrade, which includes integration with restaurants’ point-of-sale systems.

RestaurantTrade’s core set of highly regarded restaurants has more than doubled in the past two months to include Beppe, Blue Hill, Chicama, Craft, District, Gallagher’s, Grand Central Oyster Bar, Hudson River Club, Irving on Irving, Le Marais (with two locations in New York City), Les Halles (with locations in New York City, Washington, and Miami), Local, Moran’s, Pipa, Town, and Veritas.

“At this point, we’re signing up an average of at least one new customer a day, and we are poised for expansion beyond New York into other markets along the East Coast and, further down the line, across the country,” said Damian J. Mogavero, CEO and Founder, RestaurantTrade. “Restaurants and suppliers are now embracing technology to address the industry’s mass inefficiencies; once they see the RestaurantTrade system, they’re hooked.”

Some of the top restaurant industry suppliers have also signed on, including Alba Seafood, Alma Gourmet, Amici’s Italian Bakery, Boscovivo, Borax Paper, Dairyland, Down East Seafood, Fallow Hollow, G.A.F. Seelig, Inc., Gourmet Guru, Hans Mushrooms & More, JB Prince, Lucky’s Real Tomatoes, Northrip Trading, Satur Farms, Scandia Seafood, Summerfield Farms, Swede Farms, Sweet Mountain Berries, Urbani Truffles, White Coffee, and Wotiz Meats.

Since its launch in October 2000, RestaurantTrade has emerged as the leading software provider for the independent restaurant and supplier industry. In addition to rapid customer wins, RestaurantTrade has funded scholarships for French Culinary Institute, Culinary Institute of America, and Cornell University School of Hotel Management, and is sponsoring the 2001 James Beard Award for Outstanding Service.

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Some of the most renowned restaurants in the nation were among the first to sign up with RestaurantTrade, including Gramercy Tavern, whose chef-owner, Tom Colicchio, was named James Beard Best Chef: NYC for 2000; Union Pacific, whose chef, Rocco DiSpirito, was named a Food & Wine Best New Chef for 1999; Savoy, whose chef-owner, Peter Hoffman, is the president of Chefs Collaborative; and Tribeca Grill, part of the Myriad Group of restaurants and one of the most recognizable restaurant names in New York. Some of the most significant suppliers in the area are on board, including Riviera Produce, D’Artagnan, E&S Wholesale Meats, Pierless Fish Corp., and Sam Tell & Sons.

About RestaurantTrade

RestaurantTrade (www.RestaurantTrade.com) provides Web-based software designed specifically for the independent restaurant industry. With the RestaurantTrade software, independent restaurants are better able to track expenditures and revenue; to manage inventory; to forecast sales; to control food, beverage, and labor costs; and, ultimately, to improve their odds for survival in a fiercely competitive industry. Suppliers get a powerful, interactive communication and ordering system that will help them expand existing accounts, reach out to new customers, and fulfill orders with dramatically improved ease and accuracy. The RestaurantTrade team has, collectively, over 100 combined years of hospitality industry experience, making it uniquely qualified to understand the industry. The company is based in New York, where some of the nation’s top restaurants and suppliers have signed up. RestaurantTrade Version 1.0 was launched in October 2000, while Version 2.0 came out in February 2001.

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