Exhibit 99.1


SourcingLink(TM)


                                                                   PRESS RELEASE

INVESTOR RELATIONS CONTACT
Gary Davidson
Chief Financial Officer
858.385.8900, Ext. 301
Fax: 858.385.8997

Email: investor@sourcinglink.net

FOR IMMEDIATE RELEASE:

                      SOURCINGLINK ANNOUNCES COMPLETION OF
                            $550,000 EQUITY FINANCING

     SAN DIEGO, CA, MARCH 25, 2002 - SourcingLink.net, Inc. (NASDAQ - SNET), a
leader in business-to-business merchandise sourcing for the retail industry,
today announced that it has raised $550,000 in gross proceeds through the
private placement of common stock and warrants to purchase common stock to a
select group of institutional investors. The purpose of this financing was to
raise additional funds to expand the Company's sales and marketing activities
and provide additional working capital for the Company.

     In connection with the financing, SourcingLink issued 1.1 million shares of
common stock and seven-year warrants to purchase an additional 1.1 million
shares of common stock at an exercise price of $0.75 per share; provided,
however, between March 22, 2002 and May 15, 2002 and at any time during the
month of March 2003, SourcingLink can require the warrantholders to exercise the
warrants for up to an aggregate of 550,000 shares of common stock at an exercise
price of $0.50 per share.

     The shares and the warrants have not been registered under the Securities
Act of 1933, as amended (the "Act"), and may not be offered or sold in the
United States absent an effective registration statement under the Act covering
such shares or warrants or a valid exemption from the registration requirements
of the Act.

     "This new investment from high quality institutional investors further
strengthens our cash position and enables us to more aggressively expand our
sales channels in response to positive market reception of our products and
services," said President and CEO, Dan Rawlings.

About SourcingLink:

     SourcingLink (www.SourcingLink.net) is a leader in business-to-business
                   --------------------
merchandise sourcing, providing strategic services and hosted solutions that
enable retail buyers and their suppliers from

SourcingLink                                                   Fax: 858.385.8997
16855 W. Bernardo Dr., Suite 260      Email Address: emarketing@sourcinglink.net
San Diego, CA 92127 - USA                         Web Site: www.SourcingLink.net
Tel: 858.385.8900 or 800.717.4565



around the world to market, source and negotiate with speed and improved margin.

     SourcingLink is a registered trademark of SourcingLink.net, Inc.

     Any statements in this announcement about future events or outcomes are
preliminary and based on partial information and assumptions, and actual results
may differ. The matters discussed in this announcement contain forward-looking
statements that involve risks and uncertainties, including the successful
deployment of new Web-based technologies and solutions, the development and
growth of markets targeted by SourcingLink, the continued employment of key
employees, the acceptance of electronic collaborative solutions, services and
exchanges by retailers and suppliers, the successful and timely marketing and
sales of the company's services and solutions with retailers, suppliers and
exchanges, the continuation of agreements with significant business partners,
subsequent competition and the impact of supply chain exchanges, general
economic conditions in the U.S. and abroad, and other risks detailed from time
to time in the company's public disclosure filings with the U.S. Securities and
Exchange Commission (SEC). Copies of the most recent forms 10KSB and 10QSB of
SourcingLink are available upon request from its corporate office. SourcingLink
expressly disclaims any obligation to revise the forward-looking statements
contained herein to reflect events or circumstances after the date hereof or
otherwise to revise or update any oral or written forward-looking statement that
may be made from time to time by or on behalf of the company.

                                       ###


SourcingLink                                                   Fax: 858.385.8997
16855 W. Bernardo Dr., Suite 260      Email Address: emarketing@sourcinglink.net
San Diego, CA 92127 - USA                         Web Site: www.SourcingLink.net
Tel: 858.385.8900 or 800.717.4565