Auto Parts Firm NextPart Gets Addt'l
Round Two Funds in Deal

December 13, 2000

Incubator and Web development firm duoDesign said it has invested $250,000 in NextPart, an Internet auto-parts distributor, in a service-for-equity deal. Under the terms of the agreement, duoDesign will use its Web development services to enhance and expand NextPart's business-to-business Web site. In addition to hosting the site, duoDesign will help NextPart build a customer service application and scale its database to handle nationwide inventory. DuoDesign's investment follows NextPart's second round of venture funding, which was provided by Silver Young Partners and Forefront Capital Management. http://www.duodesign.com