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FreeMarkets Kicks Off WorldSource 2004; Fourth-Annual Global Supply Management Conference Features Industry's Best and Brightest
[April 05, 2004]

FreeMarkets Kicks Off WorldSource 2004; Fourth-Annual Global Supply Management Conference Features Industry's Best and Brightest

SAN DIEGO --(Business Wire)-- April 5, 2004 -- FreeMarkets, Inc. (Nasdaq:FMKT), the leading provider of global supply management (GSM) solutions, today kicked off WorldSource 2004, its annual conference for supply management executives, at the Hotel Del Coronado in San Diego. The four-day event features an all-star line up of speakers who will share their insights and best practices for overcoming the many challenges that supply management professionals face.



WorldSource is the premier forum for executives to access leading edge information that can help them drive their supply management initiatives and bottom line results, said FreeMarkets President and CEO Dave McCormick. We are thrilled to have such a prestigious group of thinkers and practitioners gathered to share their experiences and expertise and look forward to further advancing the discussion around supply management.

Among the executives scheduled to deliver keynote addresses at WorldSource 2004:


-- Giles Breault, Senior Vice President of Purchasing, Aventis Pharma Ag

-- Jeffrey A. Bullard, North American Operations Director, General Motors Corporation

-- Dietmar Dresp, Chief Procurement Officer, Siemens Information and Communication Networks

-- Dennis Sollberger, Vice President of Procurement, Emerson

-- Betsy Harrington, Vice President Global Supply, BHP Billiton Limited

-- Phil Sherman, Senior Vice President, Chief Operating Officer, VTech North America

-- Kees Linse, Group Contracting & Procurement Director, Shell International B.V.

-- Mike Rager, Vice President of Supply Base, Electrolux Home Products, North American

-- Andy Kyte, Vice President and Gartner Fellow, Gartner Research

The event also features a number of panel discussions and breakout sessions designed to provide attendees with practical, actionable information which they can use to enhance their sourcing and supply management processes. The sessions will be led by professionals from some of the world's leading sourcing organizations, including: Intel, ConocoPhillips, Eaton, PNC, TJX Companies, Inc., Lear Corporation, Dow Chemical, Advanced Micro Devices, PPG Industries, Chevron, Federated Department Stores, palmOne and many others.

WorldSource 2004 will also feature an interactive exhibit area where attendees can view demonstrations of leading solutions for global supply management.

About FreeMarkets

FreeMarkets is the leader in providing companies with software, services, and information for Global Supply Management (GSM). FreeMarkets' GSM solutions help companies to lower costs, reduce risks, and increase profitability by improving their supply management processes and expanding the reach and capabilities of their supply management organizations. FreeMarkets can be found on the Web at www.freemarkets.com.

Forward-Looking Statements

Statements in this press release that are not historical facts, including those statements that refer to FreeMarkets' plans, prospects, expectations, financial projections, strategies, intentions, and beliefs, are forward-looking statements. These forward-looking statements are based on information available to FreeMarkets today, and FreeMarkets assumes no obligation to update these statements as circumstances change. There are risks and uncertainties that could cause actual results to differ materially from the forward-looking statements, including, without limitation, market acceptance of FreeMarkets' products and services, the competitive nature of the market for GSM products and services, FreeMarkets' ability to predict its revenues and earnings, FreeMarkets' ability to develop competitive new products and services on a timely basis, introduction of new products and services by competitors, declining or uncertain economic and industry conditions, FreeMarkets' ability to attract and retain personnel and other risk factors that are described in more detail in FreeMarkets' most recent Annual Report on Form 10-K, and its other filings with the Securities and Exchange Commission.

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