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Forkliftaction.com and TIMBERWeb Announce Strategic Partnership

July 26, 2002 - IPSWICH, UK, and BRISBANE, Australia -- TIMBERWeb, the world's leading business-to-business (B2B) eMarket for timber and lumber, and Forkliftaction.com, the global marketplace for forklifts and container handling equipment, are pleased to announce a strategic partnership and co-marketing agreement, through which the two companies will promote each other's brands within their respective marketplaces.

Under the terms of the agreement, TIMBERWeb will place strategic web links and advertisements for Forkliftaction.com within its website, in exchange for similar promotion on Forkliftaction.com's website.

TIMBERWeb chairman and chief executive Keith Richmond said: "We are delighted to be partnered with Forkliftaction.com and see our strategic partnership as a way of widening our marketing and increasing traffic to both our marketplaces and, simultaneously, adding real value to our respective online communities."

Forkliftaction.com business manager Ann Hofmans said: "Forkliftaction.com and TIMBERWeb are both global leaders in B2B marketplaces in their respective industries.

We believe that the partnership will be a tremendous help in growing the traffic and membership of both communities in two overlapping sectors of the materials handling industry".

About Forkliftaction.com

Forkliftaction.com is the world's leading news source and online community for the materials handling industry. Founded in 2000, Forkliftaction.com's free weekly newsletter now circulates to more than 30,000 materials handling professionals in all parts of the world.

The portal includes copies of Forkliftaction.com News and an extensive news archive, a comprehensive equipment catalogue, tenders, an events calendar, press releases, and jobs and resumes in the materials handling industry. New features are constantly being added to the portal. A business directory that covers the global industry is currently in development to be launched before the end of this year.

Forkliftaction.com is to become the B2B Internet portal where businesses operating in the materials handling industry will find a global marketplace where they can offset their products and find effective business leads.

About TIMBERWeb®

TIMBERWeb (www.timberweb.com) is the world's leading B2B eMarket for timber and lumber that enhances and facilitates the trading relationship between buyers and sellers by creating a strong trading community and 'networking' environment.

TIMBERWeb offers a range of memberships to buyers and sellers of timber and lumber, logistics, and machinery and other companies providing services to the industry. The membership gives access to trading systems, valuable contact information and focused content on market sectors such as China, the United Kingdom and Germany.

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