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VerticalNet, Inc. (Nasdaq: VERT - news), owns and operates 57 industry-specific Web sites designed as online business-to-business communities, known as vertical trade communities (www.verticalnet.com). These vertical trade communities provide users with comprehensive sources of information, interaction and e-Commerce. They are grouped into the following industry sectors: Communications, Energy, Environment/Utilities, Financial Service, Food/Packaging, Foodservice/Hospitality, Healthcare, High Tech, Industrial, Manufacturing/Discrete, Manufacturing/Process, Public Sector, Science and Services. Additionally, VerticalNet provides auctions, catalogs, bookstores, career centers and other e-Commerce capabilities horizontally across its communities with sites such as Industry Deals.com, LabX.com and Professional Store.com. VerticalNet's NECX® Exchange provides an exchange for the electronic components industry. Through Tradeum technology and strategic alliances, VerticalNet is focused on providing comprehensive end-to-end e-commerce solutions.