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FreeMarkets, Inc. provides software, services and solutions to help companies improve their sourcing and supply management processes and enhance the capabilities of their supply management organizations. These solutions are ultimately designed to help companies lower costs and reduce their supply risk. The Company's portfolio of global supply management (GSM) solutions includes FreeMarkets FullSource, FreeMarkets QS, FreeMarkets ES, FreeMarkets Spend Visibility Solution and FreeMarkets Supplier Implementation Solution. FreeMarkets also offers a range of services to support its GSM solutions. These solutions include support, consulting, sourcing and global education services. The Company's customers are buyers of industrial parts, raw materials, commodities and services. As of December 31, 2003, it serves its customers from 17 locations in 13 countries on five continents through operations centers in Pittsburgh and Singapore.(Source: 10-K)