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| Nov
1995
Purchase of machines & software, development
commences. |
July
1996
BearingNet Launched. |
May
1997
Barcelona Conference- First public demonstration
of BearingNet. |
Dec
1997
Internet server installed. BearingNet now
available via the net to all customers.
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May
1998
Stock hits 500,000 lines from 80 different
subscribers. |
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| Launched
in 1996, BearingNet was formed as the first
online enquiry and information service designed
exclusively for Bearing & Power Transmission
Distributors. The basic concept |
June
1998
Introduced the ability for users to add
their own wanted items.
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was
to help distributors trade hard-to-find,
obsolete, surplus bearings more efficiently
and effectively, ultimately by networking
the bearing industry. |
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June
1998
BearingNet processed just over 6,000 searches.
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| Sept
1999
Reached 250 members. |
Feb
1999
“New look” BearingNet launched.
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Nov
1998
14,000 searches performed.
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April
1999
Forums feature added to BearingNet together
with the ability to search on wanted and
special offers.
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Jan
1999
Trading in Euros starts.
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July
1998
Special offers section added, with facility
to add own offers. |
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Jan
2000
BearingNet hits 700,000 lines of stock,
also 5,000 transactions per day.
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With
the acquisition of more and more members,
BearingNet has seen a growth in all areas
of the company and continues to be the World's
Largest Bearing |
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inquiry
system and information service. With more
inventory lists available to distributors,
the opportunities for trade have widened
attracting distributors from all around
the world. This has allowed BearingNet to
expand its workforce, and now employs 4
directors and 2 staff. |
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June
2000
Company logos & contact photos added
to Company Details Page.
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Aug
2000
Moved into new offices in Bishops Stortford.
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Oct
2000
Turned on quote system.
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April
2001
Hanover Fair.
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Oct
2002
Reached 500 members.
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May
2003
Site moved to operate from Hunsdon, Hertfordshire.
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Feb
2001
Stock level hits 1,000,000.
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June
2001
French, German, Spanish translations turned
on. |
April
2003
Hanover Fair.
First time with own stand. |
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May
2003
2,000,000 lines of stock level reached.
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We
are committed to maintaining and improving
the service offered to all our members,
and continue to invest time and money into
developing the web site to aid Bearing &
Power Transmission Distributors everywhere
reach their potential.
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July
2003
Joined EPTDA.
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Oct
2003
Offers/Wanted feature opened to all PT types
(bearings, sprockets, seals, belts, and
chains).
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Feb
2004
Seal, Pulley & Misc turned live. New
click-able selector for searches on search,
wanted & offers pages.
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Oct
2005
First ever BearingNet User Group Meeting,
held in Prague.
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July
2005
Signed a deal with CN Bearing to create
‘Chinese Channel’.
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April
2005
“New look” web site turned on.
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| March
2005
New recommendations points system turned
on.
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Nov
2004
Reached 750 members.
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