AUSTIN, Texas - SiteStuff, Inc. ("SiteStuff"), the leading procurement company for the commercial real estate industry, announced today that it closed on a $3.5 million funding initiative in the second half of 2003. This financing round includes $1.1 million of debt converted to equity, as well as $2.4 million of new capital. The $2.4 million in new capital consisted of $1.4 million from existing investors and $1 million from new investors.

"We are thrilled about closing this funding. The participation of both existing and new investors is a testament to the tremendous progress we have made," says Bill Sullivan, Chairman and CEO of SiteStuff. "This financing strengthens our balance sheet and provides us with new capital to invest in growing our platform and new business development efforts," said Sullivan. "We believe that 2004 will be a great year for SiteStuff."

About SiteStuff:

SiteStuff, Inc. is the leading procurement solutions company for the real estate industry. Based in Austin, Texas, SiteStuff helps companies reduce procurement costs by streamlining the process of purchasing products and services. SiteStuff provides an online catalog and walk-up solution for maintenance, repair and operating (MRO) products, as well as a Bid Management Solution allowing property teams to efficiently manage and analyze information when bidding contracts. SiteStuff serves leading companies in the real estate industry including CB Richard Ellis, Inc., Jones Lang LaSalle Americas, Inc., PM Realty Group, REIT Management and Research LLC and Trammell Crow Company. For more information, visit www.sitestuff.com .