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From Home Furnishing Business

MicroD Acquires FurnishWeb

Furniture retail technology vendor MicroD has reached an agreement to acquire Internet Databases Corp.

Roanoke, Va.-based Internet Databases is developer and marketer of the FurnishWEB business-to-business portal technology.

Terms of the deal were not disclosed.

MicroD Expands B2B Web Services for Manufacturers with FurnishWEB Acquisition
The addition of the cloud-based portal technology will provide unique opportunities for home furnishings manufacturers to comply with and service customer needs by improving access and reliability of product, inventory, and order information for retailers and reps. The cloud-based customer service and collaboration solution enables home furnishings manufacturers to electronically share product information and manage orders with retail dealers and sales representatives. The addition of FurnishWEB will extend MicroD’s range of e-commerce and Web solutions for both manufacturers and retailers to provide a one-source solution for customers.

“Home furnishings companies are quickly recognizing the importance of the Internet to their success and sustainability,” said Charlotte, N.C.-based MicroD President and CEO Manoj Nigam . “Today’s manufacturers must provide the accessibility, visibility, and accuracy needed to conduct business at the speed of the Internet. The acquisition of FurnishWEB uniquely positions MicroD to streamline the home furnishings value chain as a single source provider and furthers our overall strategy of delivering the most comprehensive web platform and services for the industry.”  
FurnishWEB is a hosted extranet solution that provides dealers and reps with secure access to their manufacturers’ product images and information (specifications, pricing, etc.), stock and planned availability, order status, and other sales tools and analyses.

The FurnishWEB system also allows dealers and reps to place orders online that are driven by real-time sales analytics. Coupled with its interactive product catalogs, comprehensive web solutions, electronic data interchange, and other existing technologies and services, MicroD will now offer a unique opportunity for manufacturers to provide unparalled customer service to their dealers, and streamline their internal processes.

“Over the past decade, I have gained a great deal of respect for MicroD’s dedication to the industry," said Barry Welch , founder of Internet Databases and developer of FurnishWEB. "We foresee tremendous synergies resulting with the addition of FurnishWEB to their impressive product range. As a part of the MicroD team, I am looking forward to offering expanded services to FurnishWEB customers, while continuing to support and grow FurnishWEB.”

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