PA Gov. Ridge Announces 140 New High-Tech Jobs in Pittsburgh; eSpotMarket Plans to Expand Custom-Built E-Commerce Marketplace

Apr 18, 2001, 01:00 ET from PA Dept. of Community and Economic Development

    HARRISBURG, Pa., April 18 /PRNewswire/ -- Pennsylvania Gov. Tom Ridge
 today announced that eSpotMarket, a business-to-business E-commerce
 marketplace, plans to expand its operation in Pittsburgh, creating 140 new
 jobs.
     "Pennsylvania is a new leader in the global economy," Gov. Ridge said.
 "And companies like eSpotMarket are part of the reason why.  They're using
 flexible, new technology to promote a high-tech, `Friction-Free' marketplace
 to respond quickly to their customers.  We are doing the same in state
 government.  Working together as partners, I am pleased to announce
 eSpotMarket's 140 new jobs in Pittsburgh."
     eSpotMarket is a syndicated business-to-business E-commerce trading floor
 for commodity-like products such as computer peripherals and office supplies.
 Modeled after the Nasdaq and commodities markets, eSpotMarket's custom-built
 exchange features real-time, dynamic pricing via a web-based browser.
     "Our efforts are paying off with recognition -- from both private industry
 and government -- that we have a solution that works and has tremendous growth
 potential," said Tom Hayes, CEO of eSpotMarket.  "We're delighted to work with
 Gov. Ridge and the Commonwealth of Pennsylvania to ensure eSpotMarket's
 expansion, and to strengthen the state's standing as a leader in fostering new
 technology."
     The Governor's Action Team -- economic-development professionals who
 report directly to Gov. Ridge -- worked with eSpotMarket to make this project
 a reality.
     Gov. Ridge has agreed to provide the company with a $100,000 financial
 package, through an Opportunity Grant, to support the eSpotMarket project.
 The Opportunity Grant Program provides grants that result in the creation or
 retention of jobs within the Commonwealth.
     Under the Ridge Administration, Pennsylvania families and employers have
 saved nearly $15 billion through tax cuts, workers' compensation reform,
 electric deregulation and reduced red tape -- helping to create nearly 500,000
 new jobs.
 
     CONTACT:  Jason Kirsch of the PA Dept. of Community and Economic
 Development, 717-783-1132.
 
 

SOURCE PA Dept. of Community and Economic Development
    HARRISBURG, Pa., April 18 /PRNewswire/ -- Pennsylvania Gov. Tom Ridge
 today announced that eSpotMarket, a business-to-business E-commerce
 marketplace, plans to expand its operation in Pittsburgh, creating 140 new
 jobs.
     "Pennsylvania is a new leader in the global economy," Gov. Ridge said.
 "And companies like eSpotMarket are part of the reason why.  They're using
 flexible, new technology to promote a high-tech, `Friction-Free' marketplace
 to respond quickly to their customers.  We are doing the same in state
 government.  Working together as partners, I am pleased to announce
 eSpotMarket's 140 new jobs in Pittsburgh."
     eSpotMarket is a syndicated business-to-business E-commerce trading floor
 for commodity-like products such as computer peripherals and office supplies.
 Modeled after the Nasdaq and commodities markets, eSpotMarket's custom-built
 exchange features real-time, dynamic pricing via a web-based browser.
     "Our efforts are paying off with recognition -- from both private industry
 and government -- that we have a solution that works and has tremendous growth
 potential," said Tom Hayes, CEO of eSpotMarket.  "We're delighted to work with
 Gov. Ridge and the Commonwealth of Pennsylvania to ensure eSpotMarket's
 expansion, and to strengthen the state's standing as a leader in fostering new
 technology."
     The Governor's Action Team -- economic-development professionals who
 report directly to Gov. Ridge -- worked with eSpotMarket to make this project
 a reality.
     Gov. Ridge has agreed to provide the company with a $100,000 financial
 package, through an Opportunity Grant, to support the eSpotMarket project.
 The Opportunity Grant Program provides grants that result in the creation or
 retention of jobs within the Commonwealth.
     Under the Ridge Administration, Pennsylvania families and employers have
 saved nearly $15 billion through tax cuts, workers' compensation reform,
 electric deregulation and reduced red tape -- helping to create nearly 500,000
 new jobs.
 
     CONTACT:  Jason Kirsch of the PA Dept. of Community and Economic
 Development, 717-783-1132.
 
 SOURCE  PA Dept. of Community and Economic Development