Jakarta, June 8, 2001: indo.com today proudly announces the launch of RajaCraft.com, a B2B marketplace website to promote export trade of Indonesian arts and crafts products. Rajacraft is a marketplace portal, designed to be the meeting place for buyers and sellers of export quality Indonesian arts and crafts products. Today, Rajacraft.com will formally launch the marketplace in a three-way grand launch event with MuseumNasional.org and IndonesianHeritage.com to be held at Museum National in Jakarta. The 3-way launch is targeted to raise awareness of these three websites that are excellent sources of information on Indonesian culture, heritage and craft. The Museum is home to the crafts of yesterday, the Indonesian Heritage encyclopedia is an excellent source of information and RajaCraft.com is home to the crafts of today. All websites are now online and accessible to the Internet community.At RajaCraft.com, we have developed a proprietary Internet-base marketplace application which gives producers of arts and crafts products in Indonesia access to a global network of buyers. With over 60 suppliers of arts and crafts products, Rajacraft.com is a marketplace with comprehensive source of information on qualified suppliers of export quality product, said Dennis Walker, Technical Adviser of Rajacraft.com.As a web-based marketplace, Rajacraft.com deploys its proprietary cataloging, inquiry management and online ordering technology to facilitate trading business processes. Sellers can create smart catalogues of products that they are offering, enabling buyers to quickly search for products. This new cataloging technology coupled with the inquiry management and ordering features will simplify the ordering process and lead to more export transactions in arts and craft products. All of these technologies are available online at Rajacraft.com's website (www.rajacraft.com).When it comes to market response to Rajacraft.com, Dennis and his team can be proud of their site. Even during development stage, both suppliers and buyers were eager to use the marketplace as indicated by steady growth in supplier membership applications and buyer inquiries on the system. Many inquiries come from buyers from all over the world. Mr. Way, an Australian retailer, said in his e-mail to Rajacraft.com, I am very interested in importing arts & crafts, and some furniture. I found your website very informative and well set up. I would appreciate a quote on 20 foot containers shipping costs with your choice of freight forwarders to Sydney. Today, Rajacraft.com had already finalized several B2B transactions through the marketplace. The first transaction was from an American buyer with some very unique requirements, which was fulfilled from sourcing and negotiation with quality control and export. The biggest vote of confidence for our e-marketplace platform is just happened recently. Rajacraft.com is completing a purchase order from Disney World International at Florida.Our next important milestone is to promote the Rajacraft.com marketplace in the international community for giftware an home accessory merchandise, the biggest global market for arts and crafts products. One event on our agenda, scheduled for July 14 to 18, 2001, will be the Atlanta International Gift & Home Accessories Show in Atlanta, Georgia in the United State. This is one of the most important trade events in the world for arts and crafts products, with over 50,000 buyers around the world attending. We will have a booth in the exhibition to promote our marketplace as a sourcing solution for the incredible range of Indonesian arts and crafts products offered by our member vendors. This is a huge benefit to our member vendors in terms of international market access and global promotion. It takes a significant marketing and promotion budget to participate in such an event and our member vendors can take full advantage of this by joining the marketplace at a very affordable subscription fee, explained Dennis. About Rajacraft.comRajacraft.com is a business unit of indo.com (http://www.indo.com). Established since 1995, indo.com, or more popularly known as Bali Online, is the leader of Internet travel to Bali and Indonesia. Deeply enmeshed in the Internet, indo.com enjoys over 17,000 links from other sites pointing to its site, from the world's largest sites like America Online as well as from the biggest travel companies like American Express and SABRE of American Airlines. indo.com has a large number of audience, accumulating to over 10 million people, generating hits around 12.5 million per month and reservation requests amounting to 60,000 room nights in 2000. Today, along with the development in tourism industry, many of the most popular destinations for International travelers just happen to be the major arts & crafts centers of Indonesia; therefore the online marketplace concept is a logical extension of the travel business. And the vision of our new online marketplace concept called RajaCraft.com, is to be the most comprehensive and authoritative online trading community for Indonesian arts & crafts product in the International market. For additional information on Rajacraft.com or the services that they offer, visit their Web site at http://www.rajacraft.com or call Franky at (62-21) 798-4290.