March 2008 – The New Jersey Department of Local Government Services has approved eDynaQuote to offer online procurement services to New Jersey local government units. The Local Unit Electronic Technology Pilot Program and Study Act (P.L. 2001, c.30.) allows the Department of Community Affairs to explore electronic commerce and embark upon a program to allow local units to experiment with purchasing commodities and services through means of the Internet and related technologies. This means that New Jersey local government units can now utilize eDynaQuote’s proprietary online reverse auction system to purchase goods and services and contract eDynaQuote to manage entire Strategic Sourcing events. Before the approval, New Jersey local government units received traditional paper bids and did not take advantage of the cost savings that eprocurement can provide. more...

Erie, PA – A national retailer headquartered in Ohio will save nearly $700,000 this year on its office supplies and toner products through a competitive purchasing process performed by eDynaQuote. The savings were based off the national retailer’s last actual spend and were achieved by utilizing eDynaQuote’s proprietary reverse auction software and eprocurement process expertise. more...

Erie, PA – A large real estate developer in New York saved 8% on its natural gas costs in a reverse auction last quarter that was powered by eDynaQuote and managed by Luthin Associates. The savings are for this calendar year and were realized using eDynaQuote’s (www.edynaquote.com) proprietary reverse auction software, which enabled this real estate developer to procure natural gas in a highly competitive bid process. Luthin Associates Inc., of Avon, New Jersey, was hired as the developer’s energy management consultant for the bid. This proves once again that eDynaQuote’s reverse auction platform can be used successfully for competitive energy bids. more...

Erie, PA – October 29, 2007 – A major university in New York saved over $2.5 million on its energy costs last quarter through a competitive purchasing process powered by eDynaQuote and managed by Luthin Associates. The savings were realized using eDynaQuote’s (www.edynaquote.com) proprietary reverse auction software which enabled this university to procure electricity, gas and oil contracts from energy suppliers in a highly competitive process. Luthin Associates Inc., of Avon, New Jersey, was hired as the university’s energy management consultant for the bid. more...

Erie, PA – July 17, 2007 – The recent acquisition of eDynaQuote™ by Vista Auctions LLC was a strategic move that positions the State College, PA-based supplier of procurement consulting and reverse auction services to capitalize on a growing national trend by companies to streamline the purchasing process through use of electronic tools. Vista purchased eDynaQuote™ on June 28 from the Center for eBusiness and Advanced IT (eBizITPA) located in Knowledge Park, Erie, PA. eBizITPA developed and incubated eDynaQuote more...

ERIE, PA (June 28, 2007) --- eDynaQuote™, the Erie-based provider of Internet competitive bidding services owned by the Center for eBusiness and Advanced Information Technology (eBizITPA), has been purchased by Vista Auctions, LLC, a State College, Pa. company with principals in San Diego, Calif. and Tarrytown, N.Y. The terms of the deal were not disclosed. more...

Erie, PA – June 1, 2007 – Marty Barclay, General Manager of eDynaQuote, presented a session on “Incorporating Electronic Purchasing (e-Sourcing) into an Overall Procurement Program” at the Spring Management Meeting of the Powder Metallurgy Parts Association (PMPA). The meeting was held May 14 - 15 at the Colorado Convention Center in Denver, CO. Approximately thirty executives from Powder Metallurgy Parts manufacturers across the United States attended the annual event. The Erie-based eDynaQuote provides internet-based competitive bidding services and consulting. more...

Edinboro, PA – May 25, 2007 – The North West Tri-County Intermediate Unit (IU-5) recently used an Internet-based reverse auction hosted by eDynaQuote to purchase copier paper for its member schools. Within one hour, IU 5 had saved over $40,000 for its participating school districts. eDynaQuote is a provider of Internet-based competitive bidding services headquartered in Erie. more...

Erie, PA – April 20, 2007 – Thanks to on-line competitive bidding services provided by Erie-based eDynaQuote, colleges and universities across the country have saved a combined total of over $5.6 million on purchased goods and services. more...

Erie, PA – March 20, 2007 – In its February issue, Government Procurement, a national publication for government purchasing officials, featured a story about a reverse auction hosted by Erie-based eDynaQuote™ that saved a local government authority in Pennsylvania over $87,500. eDynaQuote™ is a provider of online competitive bidding services. The national exposure generated interest from government officials outside Pennsylvania. more...

ERIE, PA – March 8, 2007 – Since the Local Government Unit Electronic Bidding Act, PA Act 88 of 2006 took effect six months ago, Pennsylvania taxpayers have saved over $120,000 in reduced costs of purchased goods and services, plus additional savings in efficiency, as a result of use of the new, streamlined competitive bid processes by some Pennsylvania local government units such as municipalities, school districts, Councils of Governments, authorities, and others. more...

Erie, PA - March 2, 2007 - eDynaQuote, the provider of internet-based competitive bidding services and consulting based in Erie, PA, has expanded its sales and marketing initiatives into the greater New York City area. Joseph Roman, a New Jersey resident with over 20 years of sales and marketing experience, has joined eDynaQuote as Director of Business Development. In this capacity, he manages sales relationships with new and existing clients in the New York Tri-State territory, which includes southern New York, New Jersey, and southeast Pennsylvania. In addition, he will lead the continued expansion and formalization of eDynaQuote's sales function and capabilities. more...

Request for Information Data Now Downloadable into Spreadsheet Erie, PA – February 20, 2007 – As any purchasing director will agree, there is more to making a purchasing decision than lowest price alone. To address that issue, Erie, PA-based eDynaQuote, a provider of internet-based competitive bidding services and consulting for businesses, organizations, and government units, has up-graded its software to allow buyers to download into an Excel spreadsheet additional data about prospective vendors. more...

Erie, PA – February 9, 2007 – The School District of the City of Erie put orders for video security equipment out to bid on February 1 and saved $29,000. The savings resulted from the use of an Internet-based reverse auction instead of the usual sealed paper bid process. The auction was conducted by eDynaQuote, a provider of Internet-based competitive bidding services headquartered in Erie. more...

Erie, PA – January 23, 2007 – Only two quarters into its 2007 fiscal year, and the Erie-based provider of internet-based competitive bidding services and consulting, eDynaQuote, has nearly doubled its sales revenues over the entire previous four quarters. Revenues for the quarter ending December 31, 2006 alone were triple those of the comparable quarter in 2005. more...

Erie, PA – January 23, 2007 – Recently eDynaQuote, a provider of internet-based competitive bidding services and consulting headquartered in Erie, launched a new platform that enhances the levels of service it makes available for clients. With the new platform, clients now have expanded pre-bid functionality, instant messaging capabilities (IM), and the option of a weighted bid format. Additional service enhancements are planned for the mid to late first quarter of 2007. more...

Erie, PA – January 15, 2007 – Since September, 2006, when legislation took effect that allows local government units to use of the Internet for the competitive bid process, eDynaQuote’s free educational programs have been in demand. eDynaQuote is the Erie-based provider of Internet-based competitive bidding services and consulting. Local government units include municipalities, school districts, authorities, Councils of Governments, etc. more...

Chester, PA – December 13, 2006 – The Delaware County Regional Water Quality Control Authority (DELCORA) put two orders for chemicals out to bid on November 30, 2006 and saved $87,500 more...

Fairview Township, PA – November 10, 2006 – When Fairview Township put out requests for bids on a diesel-powered generator and two transfer switches, the supervisors decided to utilize a new bid process – an Internet-based reverse auction. The auction was conducted this week by eDynaQuote, a provider of Internet-based competitive bidding services headquartered in Erie. As a result of using the new bid process, the township estimates it will pay approximately 10 – 15% less than it had expected. more...

To lead this effort, the board has engaged Prima Problem Solving, Inc.(www.ppspi.com) of Pittsburgh and State College, PA to assist in the preparation and sale. more...

Randy Scalise, Vice President of Fulfillment for Blair Corporation said, "The ROI from our eDynaQuote initiative sets the bar for many of our eBusiness projects." more...

Customers now have the ability to publicly post reverse auctions and eRFQs for potential suppliers to view. more...

A web seminar entitled "Reverse Auctions for Higher Education" will be offered by The NAEB. more...