IronSpire Named to LocalBusiness.com's '50 to Watch' list

PORTLAND, OR - October 12, 2000 -IronSpire, Inc., a service provider designing Web-based, real-time decision support environments for commercial construction management, today announced it has been named to Portland LocalBusiness.com's "50 to Watch" list. The LocalBusiness.com "50 to Watch" list for the 4th Quarter of 2000 is comprised of the 50 most newsworthy emerging private and public small-to-medium-cap companies in 27 markets nationwide.

IronSpire has generated exceptional business success in the past six months. LocalBusiness has covered the company's customer wins, strategic partnerships with leading software and Internet service vendors including Timberline Software Corp. and etrieve Inc., and the emergence of IronSpire CEO Robert Ellis as an industry expert on the challenges facing Internet material exchanges and the role of the Internet in old economy industries.

"IronSpire's experienced management team convinced me the company has a good chance to succeed in this very competitive field," explains Jo McIntyre, LocalBusiness correspondent for Portland.

With experience designing IT infrastructure for the construction industry, and experience in application development, CAD software engineering and vertical software marketing, IronSpire's management team was put together to respond to the needs of the construction market as it embraces the Internet.  Combining technical ability and an understanding of the commercial construction industry, IronSpire offers services that streamline and simplify construction management, but do not require a radical shift from current contractor business practices or a heavy investment in training.

"The management of IronSpire was handpicked for their expertise in the core areas that are important to our customers and the future of their businesses. We are determined to improve the way the construction industry communicates and makes decisions and are honored that LocalBusiness recognizes our efforts," said Robert Ellis IronSpire CEO.

About IronSpire, Inc.
IronSpire, Inc. provides a real-time decision support service for commercial construction project managers, streamlining supply chain and subcontractor management by maintaining all project documents and communications on a secure, open platform. Each project-specific extranet is accessible by team members via the web or wireless device, enabling quick decisions based on accurate information and saving time and money for project owners. The company is located at 7180 SW Fir Loop, Tigard OR 97223, and can be contacted at (503) 639-0900, by email at info@ironspire.com, or via the Web at www.ironspire.com.

About LocalBusiness.com
LocalBusiness.com is the leading Internet provider of local business applications, breaking local news and intelligence, tools and research resources for small- and medium-sized businesses in over 28 major markets across the United States.