FOR IMMEDIATE RELEASE

Contact:
Grant Guilbeault
Fast Asset, Inc.
170 West Rd.
Portsmouth, NH 03801
email: grant@fastasset.com
phone: 603-559-9900
web: www.fastasset.com

FASTASSET, INC. LAUNCHES FASTASSET.COM ONLINE DYNAMIC TECHNOLOGY MARKETPLACE FOR OEM OVERSTOCKED PRODUCTION INVENTORIES

Portsmouth, NH - FastAsset, Inc. (formerly Orion Computer Sourcing Group) has repositioned itself in the B2B technology marketplace from an independent distributor of computer components to a full service inventory management solution provider for OEM's and ECM's. The technology marketplace is evolving into a just in time, build to order environment that has forever changed the dynamics of the manufacturing sector and client's demands on these companies. High-tech hardware manufacturers and distributors must develop or outsource supply chain management expertise to maintain their competitive market position. FastAsset's company mission is to provide an unparalleled range of outsourced inventory management and distribution services designed to support the entire high-tech hardware product lifecycle across multiple market segments (such as commercial, government and education) where common inventory issues are created. To this end, the company has launched a real-time interactive auction site for OEM overstocked production inventories, Fastasset.com.

Fastasset.com is the primary mechanism through which the company delivers real-time dynamic pricing for the liquidation of excess inventory (i.e. asset recovery) - allowing the company to reach the maximum number of technology buyers worldwide. To its OEM/ECM clients Fastasset.com is a vertical B2B online exchange providing specialized distribution capabilities for their excess inventories in the global "spot" market. Fastasset.com improves inventory turnover, enhancing per item profitability, and increasing market penetration without disrupting existing channels of distribution. To its customer base of bulk technology buyers, Fastasset.com is the world's leading technology marketplace for OEM overstocked production inventories. Computer parts and finished goods are shipped direct from the factory floor to the customer. Technology buyers who register with Fastasset.com have exclusive access to high tech hardware parts and finished goods priced below wholesale. Fastasset.com brings the auctions directly to the buyer. Email notifications invite them to bid only when items which match their buyer profile are available. Additionally, when a bidder is out-bid on an auction they are automatically sent an email prompt to re-bid. Email is the driver of site interaction.

FastAsset.com is just one element in the FastAsset suite of OEM/ECM client services, which include e-procurement, just-in-time inventory warehousing and management, data mining, asset recovery and end of life/ scrapping services. "The future of this marketplace is a combined Internet and facilities-based model, explains Grant Guilbeault, FastAsset, Inc. founder and CEO. There is a "dirty fingernail" aspect to any successful solution." To this end, the company operates out of a 10,000 square foot facility in Portsmouth, New Hampshire. Here, the company executes on the just-in-time inventory management services (receipt, quality control, and scheduled delivery of production inventories) and end of live/scrapping services (segregation of non-saleable goods to dispose according to ISO 14000 environmental standards).

About FastAsset, Inc.

FastAsset is an independent electronics distributorship with a three-year track record as a vertical market specialist in the $600 billion dollar technology distribution market. Named two years consecutively as a "Hot 100 Fastest Growing Small Business" by Dun & Bradstreet's Entrepreneur Magazine, FastAsset, Inc. has been turning assets - fast - for its "Fortune 100" client base through its expertise in asset recovery since 1997. FastAsset's service solutions are designed to address the common inventory issues across all market segments and all phases of the OEM product lifecycle. Qualified bulk technology buyers can register for FastAsset Auctions at www.fastasset.com

For more information on FastAsset, Inc. call 603-559-9900.

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