METHOD AND SYSTEM FOR EXTRACTING INFORMATION FROM RFQ DOCUMENTS AND COMPRESSING RFQ FILES INTO A COMMON RFQ FILE TYPE

The method and system of the present invention provides for converting all RFQ documents to a common compressed format. The method includes receiving an electronic file for use in an RFQ; extracting link information from the file and storing the extracted link information in an output file, if the file is a text-based file; extracting ISO symbol information from the file and storing the extracted symbol information in an output file, if the file is a CAD file; converting the file to a raster image; compressing the raster image into an RFQ format file, whereby, if an output file was created, the output file is used to generate a separate display layer that will display extracted information, and whereby the separate display later is inserted into the electronic RFQ format file.