Contacts: Mark Knowles or Gary Reese
InsiderAdvantage.com
770-432-3267

InsiderAdvantage.com's GovernmentBids Maintains 14,000 Active Bid Level - First Time Since September 11, 2001

ATLANTA, March 8, 2002 - InsiderAdvantage announced today that GovernmentBids.com is maintaining 14,000+ active government procurement listings for the first time since September 11, 2001. InsiderAdvantage.com believes the number is a key indicator of the total amount of purchasing flowing at the local, state and federal level.

GovernmentBids.com, a division of InsiderAdvantage, provides a 'cooperative research service' that monitors local, state, and federal procurement opportunities. Researchers gather public notices on behalf of more than 14,000 contractors across the United States. The total number of active bids changes daily as new projects are 'let' and others are awarded.

Prior to September 11, 2001 the company maintained an active listing of approximately 14,000 listings. The number of active listings dropped significantly after the events of September 11, 2001 as governments slowed purchases in the face of uncertain economic conditions. "We believe government officials are moving forward on delayed projects and in some cases accelerating their purchasing plans," said Mark Knowles, President of InsiderAdvantage.com. "This is good news for contractors and the economy."

"This is another indicator of why we know the recession is over," said Matt Towery, Chairman of InsiderAdvantage.com. Mr. Towery was first to report in his nationally syndicated column of February 20, 2002, that the recession was over (see "The Inside Advantage: The recession is over").

GovernmentBids.com also sponsors FreeBidMarket.com. This service allows governments to freely publish listings plus associated documents directly at GovernmentBids.com. The information is immediately available for free download by more than 14,000 worldwide users of the service. The company delivers FreeBidMarket.com postings along with federal, state and local listings each day via email to subscribing contractors.

InsiderAdvantage is an Atlanta-based company operating government and public affairs websites including InsiderAdvantage.com, GovernmentBids.com, BillShipp.com, CarolinaPolitics.com, FloridaPoliticalNews.com, Iowa.InsiderAdvantage and NewHampshire.InsiderAdvantage.com. Company founders include Matt Towery, and former Georgia Lt. Governor Pierre Howard.

InsiderAdvantage clients are able to choose subscription options that include active and upcoming procurement information, legislative analysis, business trends, and state political news. You can learn more about any of InsiderAdvantage's products by contacting Mark Knowles at 770.432.3267.

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