IRVINE, CA - October, 3 2003 - Proposal Technologies Network, Inc. (Proposal Tech), the leader in online RFP (Request For Proposal) technology, has further refined the eRFP / eProcurement industry with its latest enhancements to its ProposalLink product.

With extremely inefficient RFP processes currently in place, a majority of businesses and service providers waste precious time, money and valuable resources maintaining the status quo of RFP management. To assist both sides of the equation, Proposal Tech created its patented web-based software, ProposalLink.

Creating a "central nervous system" for the RFP process, ProposalLink is a comprehensive and secure Internet based program that offers a flexible platform on which to create, respond and analyze RFPs. Moreover, ProposalLink technology is portable, scalable and networkable, and it also provides historical data and accountability, enabling companies to streamline RFP management.

"From the outset of my career, I have been constantly challenged to devise systems that automate processes and procedures. When I encountered my first RFP, I knew there must be a better way," said Jeffrey Spencer, Proposal Tech CEO and founder. "With ProposalLink we have created a secure, online RFP management system that streamlines the entire process and could save companies up to 40% on their RFPs in the first year alone."

Proposal Link allows users to create standardized or custom RFP questions and subsequent answers, which are stored in a secure database driven web site, with access granted exclusively by assigned username and password. Fully integrated, interactive RFPs can be automatically generated through a user-friendly interface that drives a back-end comprehensive software program. The powerful ProposalLink system helps to facilitate group collaboration when users employ its networking and team capabilities. This online system allows users to track and manage proposals and deadlines, automate response links, create new responses and questions, create and edit user rights for each RFP, add attachments for documentation, spreadsheets and other files, and track users in the system. The end result is a technologically advanced system that creates a synergy within the RFP process never before realized.

About Proposal Technologies Network, Inc.
ProposalTech, with headquarters in Irvine, CA, provides the first transaction-based, pure-Internet solution for RFPs. Its core product, ProposalLink, allows companies to create an Internet-based proposal system to automate all aspects of RFPs, from the RFP's creation, development, response, analysis, and final due diligence.

The system enables electronic RFP processing and analysis via a Web-based interface that manages information exchange, proposal creation, quote requests, and other questionnaire documents. ProposalLink makes it possible for any number of service or product suppliers to prepare proposal documents, review and respond to questionnaire specifications, ask questions of and get clarification from buyers, and ultimately propose on the requests.

For more information on ProposalTech, visit the company web site at www.proposaltech.com or contact us by telephone at (877) 211-8316. To receive a press kit send an email to presskit@proposaltech.com.

For more information please contact Jeff Spencer, (877) 211-8316 xt 81