Moscow, Russia - June 13, 2003 – Rusbiz (http://www.rusbiz.com), a provider of Web-based solutions for global trade, enabler of B2B e-marketplaces and supplier of e-commerce tools and services, announced today that it introduces new great features to its portal. Members of the Rusbiz portal are now able to build robust Internet shops from easy-to-use templates with simple but powerful editor. The Web Stores are supplied with integrated shopping cart system and merchant account gateways. Earlier, Rusbiz members were able to sell products and services to other businesses through Rusbiz e-catalog and e-marketplace. The new solution allows companies to sell their products and services to end-consumers, creating a new horizon in their online retail initiatives.

The benefits of this new Web Store solution are enormous! For a small monthly fee, companies are able to build their online stores along with product and service catalog in no time. Apart from selling their products though the Web Store, they can also sell the same products through Rusbiz E-marketplace, tapping into a large global customer base.

Another new service that Rusbiz.com provides is conversion and integration of seller’s products and services to Rusbiz E-catalog. Although, companies themselves can add their products and services to Rusbiz e-catalog using simple forms and wizards, this service is an added advantage to the not-so-tech-savvy members of Rusbiz business community.

Dr. Nowshade Kabir, the Company's founder and Chief Executive Officer stated, “Rusbiz portal was built to facilitate small and midsize companies conducting online business effectively. Just in eight months since Rusbiz.com was launched, it became a 12 thousands member strong business community and growing. Understanding the need of our members we have added solutions that will help companies implementing business to consumer online sales channel at subsequent ease.”

At Rusbiz portal, registered companies are able to make e-catalog, post trade leads; use automated process of creating Request for Quotes, Quotations, Purchase orders and Invoices; sell products and services through e-marketplace, Receive and send messages within the Rusbiz community using Internal Messaging System of the portal and now build Web Store. For a limited time, registration with Rusbiz is completely free. The address of the portal is http://www.rusbiz.com.

For further details, please contact: [email protected] or Natalie Volkoff at 7-095-9676888.