PORTLAND, Ore. PrintBid.com, the leading online marketplace for buyers and vendors of commercial printing and a wholly owned subsidiary of ImageX.comÆ, Inc. (Nasdaq: IMGX), today unveiled a new subscription service for print vendors, based on the company's Web-enabled print procurement technology. This service is an extension of PrintBid's recently enhanced site tools that provide robust bid management, print sourcing and relationship building between print vendors and print buyers. PrintBid is currently offering an introductory subscription special to print vendors for $79 a month, which provides a significant savings from the service's basic monthly rate of $199. Subscribers receive dynamic, online requests for quotes (RFQs); are able to view a project's details and ask the buyer questions through an easy-to-use communication interface; and can search the ever-expanding PrintBid marketplace for projects that fit their unique niche. In addition, subscribers receive personalized monthly performance reports with details including the number of RFQs received, the number of bids responded to and the average cost, based on their subscription fee, of RFQs received or bids submitted. Vendors that choose a free listing can still be found by any PrintBid buyer who uses the site's detailed search engine, but are contacted by their prospective buyers offline, through traditional methods. The six-month introductory special will be available to new subscribers until November 15, 2000. "We know this subscription service is a bargain, and we are excited to be one of the first commercial printers to take full advantage of the PrintBid.com service," said Rich Stevens, general manager, Stevens Printing. "With the new intelligent matching system, we are getting referrals for print jobs that fit our specific capabilities without having to spend as much time making sales calls." "We strongly believe that a subscription-based service offering will be embraced by the industry as the best value proposition possible for an online print marketplace," said Robin Michalisko, director of marketing for PrintBid.com. "Buyers love it. Printers love it. Buying and selling print using this model is simple and efficient." Print vendors are turning to PrintBid's project management tools to identify, establish and cultivate new and existing buyer-vendor relationships, translating into early adoption of the new subscription service. "PrintBid has the most useful system on the market today," added Gary Henin, president of Centerpoint Graphics. "It allows us to expand relationships with current clients while locating new opportunities that really fit our area of specialty." Other companies that have signed on for the subscription service include PrintSync Inc.; LazerQuick Inc.; ColorGraphics/Regent Printing & Imaging; Woodruff Printing; PrintProducts.com; Cascade Solutions, a fulfillment house; Wy'east Color, an imaging and processing company; Rapid Bind Inc.; IKON Document Services of Portland; and Paramount Graphics.