For Release August 30, 2006 – Parsippany, NJ -  First Index, indispensable partner to manufacturing industry, and world leader in global sourcing, today announced the establishment of its European operations center in Prague, Czech Republic.   With the opening of its expanded Prague facility, First Index completes the relocation of its European sourcing operations from its former office in Budapest, Hungary.  And in conjunction with this move, First Index has significantly increased its staff  to offer customers enhanced support for sourcing initiatives in this important region.

"For years, Central Europe has been a major priority for First Index and our OEM customers around the globe," said Bill Burke, First Index SVP of Operations. "With the successful expansion and transition of our operational center from Budapest to Prague, the heart of the manufacturing supply-base in central Europe, our ability to serve the growing needs of our customers rises."

"We're on track to grow over 70% this year as a company, due to the tremendous increase in new customers and renewals," said John Jung, First Index Chief Executive. "We've worked diligently to expand our capacity and expertise to meet these growing needs and the expansion of our central European operations is just one example of our continued investments. Most importantly, our regional team of experts is ideally-positioned to continue the legacy of delivering lasting results as indispensable partners to the manufacturing industry”.

As with all First Index’s sourcing offices, Prague’s operations center provides buyers with hands-on local support from a team of sourcing professionals with extensive engineering and manufacturing experience, as well as multiple local-language capabilities.   This expert support, combined with First Index’s proven online sourcing platform, and the world’s deepest supplier database, makes First Index the most effective global sourcing solution for manufacturing buyers worldwide.

Contact information for the Prague office is as follows:

Address:    First Index Czech Republic
                  Na Valentince 644/15, 150 00 Praha 5 – Smнchov
Phone:       +420 739 5757 38
Fax:           +420 257 289 128
Email:        salescee@firstindex.com

First Index began its low cost country sourcing in Central Europe in 2001.