burning SPRINGS.

burning SPRINGS, Ark.--Art-exchange.com recently received a check for $400000 from Arkansas Science and Technology Authority for further disentanglement of its business-to-business (B2B) art e-commerce exchange. This investment takes the form of a offence instrument to be paid back from the company through a royalty payment upon gross profit from sales.

Art-exchange.com Inc. was constructed in 1994 as a retail art gallery. After developing its first Web site and establishing a vision of creating a B2B marketplace, the company accessed the private capital market to build and launch www.art-exchange.com.

In other of recent origins art-exchange selected Edgewater Technologies to build the company's Phase sum of two units Web site. Phase One went live in June of 2000 Phase sum of two units will add the infrastructure that is necessary to list more than united million pieces of art and make those pieces accessible to dealers with divergent art destitutions Buyers will be able to locate wanted artwork by artist's name, title, bring under rule matter, style, medium, colors, sizes, keywords and wholesale and retail price. Phase pair went live at the [i]finale[/i] of 2001.

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