CEO to Present Industry′s First Consumerized Corporate Purchasing Solution

Santa Clara, Calif., April 18, 2007 - Ketera, the leading provider of On Demand Spend Management solutions today announced its been selected as an Innovation Showcase presenter at the upcoming Software 2007 Conference, taking place May 8-9, 2007 at the Santa Clara Convention Center. Twenty five notable software companies have been selected to present at this year′s conference aiming to explore and underscore the continued importance of innovation in the software industry. Ketera′s CEO, Burton M. Goldfield, will present during the Innovation Showcase on May 8, 2007 at 5:30pm PT.

During the Innovation Showcase, Goldfield will present the benefits of Ketera′s recently launched "consumerized" Procurement solution, which is an innovation to bring the online consumer shopping experience to corporate users. Using AJAX extensively, it makes the user interface easier to use than traditional web-based applications. This breakthrough solution requires no user training, increases user adoption rates, and ultimately helps to eliminate maverick spending. Built from the ground up as an on demand solution, it can be deployed quickly and, deliver compliance and hard dollar procurement savings for companies of all sizes.

"The Ketera team is dedicated to continued innovation of on demand spend management solutions, raising the visibility of spend management to C-level executives and providing customers with unparalleled value and cost savings," said Goldfield. "It is the culture of innovation that led Ketera to create the industry′s first consumerized corporate purchasing solution. We are always looking for ways to leverage technology and people to deliver greater business value, which is why we are excited to participate in the coveted Innovation Showcase and share the presentation floor with other like-minded companies."

"This year′s Showcase winners illustrate that innovation is alive and well in the software space," said M.R. Rangaswami, Sand Hill Group co-founder and Software 2007 executive conference director. "Ketera represents one of 25 novel companies that we believe will play a notable role in the software ecosystem.

About Sand Hill Group

Sand Hill Group serves the $600+ billion software, services and solutions market by providing investment and management advice to emerging enterprise technology leaders. Sand Hill also owns Sandhill.com, the premier destination site and resource center for CEOs, VPs, Entrepreneurs, VCs and for members of the software industry ecosystem. Its weekly electronic newsletter is read by thousands of executives and Hill produces the `Enterprise´ and `Software´ conferences for CEOs and executives in the industry and creates high-impact research reports for its constituents.

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“ We selected the Ketera eRFX tool because it is quick to implement, cost effective and drives efficiencies into the sourcing process.  Its portal design streamlines the communication, document traffic and analysis associated with conducting our RFPs.  The entire Ketera package has allowed us to run more events with fewer resources, leading to increased procurement efficiencies. ” Michael Feeney Vice President, Corporate Procurement for U.S. Bank

“ When using a hard copy or .pdf system to manage our contracts, Luminex would sometimes miss key milestones.With Ketera Contract management we now have full contract compliance and sufficient advanced warning to take the appropriate actions in a timely fashion.  The Ketera solution also has resulted in huge time savings for us; deciphering language in a contract used to take us hours, now it takes us minutes. ” David Mendoza Director, Strategic Planning and Business Development Group for Luminex

“ We recognized an opportunity to enhance our purchasing process with state–of–the–art technology – without the up–front investment and ongoing resource commitment associated with the implementation of enterprise software. ” Mitch Platt VP Contract Services for Con-way

“ Ketera′s on demand solution is ahead of the competition – we will be able to implement the solution in weeks and we never have to worry about taking the system down to install upgrades or make changes. ” Steve Kenny Vice President Risk Management and General Services for Columbia Credit Union

“ From the beginning, Ketera explained everything to us, both from the technical and sales side. They′ve accommodated our needs and have been very helpful and responsive. ” Michael Kapeles Senior Supply Manager for Cabot Microelectronics

“ Not only does Ketera provide innovative solutions for spend management, they also offer high quality professional services that let you get the most from their solutions. Working with Ketera is like a breath of fresh air. ” Nick Walker Procurement Manager for BTP

“ Ketera's new solution is really an amazing innovation that will revolutionize the purchasing industry. ” Dian Trosclair VP of Supply Chain Management for ServiceMaster

“ Using Ketera, we've lowered our costs and improved our compliance with negotiated corporate contracts. By buying on contract, we typically see a ten percent reduction in cost. ” Jim Cebula Director of Global Purchasing for Kennametal

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