Gas turbine marketplace goes on-line, the only internet website to focus on the gas turbine industry was launched in London yesterday. With more than £60 million worth of engines for sale on the site, it is destined to change the way business is done in this global industry, said to be worth in excess of £100 billion.

In welcoming the launch of today, British Government E-commerce Minister, Patricia Hewitt said, ‘We are committed to making the UK the best place to trade on-line. I applaud the efforts to ensure that Britain’s world-class gas turbine industry has the opportunity to access the widest markets through the medium of e-commerce’.

Easily accessed on the world-wide-web, this new independent trading platform is already bringing together buyers and sellers from all the major sectors of the gas turbine industry. gasGenie revealed that several industry leaders have already registered with them.

Utilising the latest B2B e-commerce technology, gasGenie will bring together a largely fragmented market, providing customer-access to gas turbine engines and after-market services, coupled with efficiencies and cost-savings that can only be achieved through electronic ‘real-time’ trading.

Robert Gearing, gasGenie’s Sales Director considers that the marketplace is crying out for a quality website dedicated to gas turbine businesses. He said: ‘There are many bigcompanies out there that manufacture and support gas turbines, both for the aero and industrial sector, but there is no website devoted to after-market business. Considering that this is a £100 billion market, we strongly believe our initiative in creating remedies this. Our site brings with it a unique feature – a hybrid system that links buyers and sellers to its site through any one of 500 alternative domain names – a feeder address system, making our site the easiest to find and use.’ guarantees instant access via the Internet around the clock. After simple on-line registration, buyers and sellers will be able to browse through lists of available engines, spares and services, acquire quotes, place orders and keep up-to-date with industry news and bulletins on topics ranging from training and employment to finance and insurance.

Behind the scenes gasGenie’s development team has created a series of databases that allow users to access information about any major company in the aero, industrial, marine, automotive and home distributed power businesses.

For further information contact:

Robert GearingSales DirectorgasGenie.comUnit 9Felbridge CentreImberhorne LaneEast GrinsteadWest Sussex RH19 1XPTel: +44 (0)1342 322717Fax: +44 (0)1342 322515Email: