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TradePower Completes Industry Acquisitions

LINTHICUM HEIGHTS, MD — TradePower, a software and e-business provider for the construction industry, has completed its acquisition of Estimation, Inc. and Trade Service Systems (TSS), and will offer the full line of both companies as they assume the TradePower corporate name and identity.

“Estimation” will be the brand name of the company’s estimating software; Bidmaster and PowerPRO “will provide contractors with the most comprehensive purchasing solution available in the industry,” said TradePower. Tom McVeigh, company ceo, said, “Bringing Estimation, Inc., and TSS under the TradePower umbrella allows us to be the first to offer fully integrated, end-to-end e-business solutions to the construction industry. We look forward to continuing to serve the needs of the contractor and distributor communities, and to helping our customers and partners realize the cost efficiencies and productivity enhancements e-business can bring to their day-to-day operations.” For more information, visit www.tradepower.com (website).

Publication date: 04/30/2001

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