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August 17, 2000 Partners with Oinke

(COMPANY PRESS RELEASE), Inc., the Web-based order-entry and service delivery company of Alliant Exchange, Inc., has signed an agreement with Oinke, Inc. to provide loans to customers through a private branded commercial finance center in the Shopping Mall.

By CBR Staff Writer

The agreement will enable restaurant, hotel, healthcare

and other foodservice customers to obtain financing quickly by putting their

requests up for auction before Oinke’s network of 160 lenders. The system is

expected to debut on October 1, 2000.

We are pleased to offer customers this opportunity to utilize secure

reverse-auction technology to very quickly and easily obtain hassle-free

financing at favorable rates, says Barbara G. Moss, senior vice president and

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chief operating officer, The Financial

Auction powered by Oinke is another in a series of agreements that will

provide even greater value to customers by enabling them to

consolidate their purchases of goods and services with one-stop shopping.

Oinke responds to the financing needs of America’s next generation

companies, said Thomas Markel, chairman and CEO of Oinke, Inc. We look

forward to providing the one-source commercial financing center for’s customers. The financing requirements of’s

business customers represent new opportunities for Oinke’s network of lenders,

who look to Oinke for faster, more efficient, and less expensive financing.

We are delighted that has joined the growing list of top

companies offering the ‘Powered by Oinke’ solution.

Oinke, Inc. provides the only Internet-based real-time commercial finance

center connecting business borrowers with 160 qualified lenders in a secure

auction environment. Its standardized on-line Auction Summary Application

Package forms simplify the borrowing process for 63 different loan types,

dramatically reducing typical loan paperwork and facilitating negotiations

with a worldwide pool of lenders including Wall Street firms, insurance

companies and finance companies. Oinke specializes in loans ranging from

$5,000 to $500 million. Oinke, headquartered in Irvine, California, was

founded in September 1999. Strategic partners include Moody’s Risk Management

Services, Integra Information and Trans Union.

Alliant Exchange is one of the nation’s largest business-to-business

e-commerce and information exchange companies, with annualized sales of more

than $6.5 billion. The company, one of the largest privately held enterprises

in the U.S., has three operating subsidiaries — Alliant Foodservice, Inc., a

leading broadline foodservice distributor; The Drescher Corporation, a

foodservice distribution company; and, Inc., an Internet-based

service that provides 24/7 access to a catalog of more than 165,000

foodservice items, equipment, related supplies and value-added services.

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