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Burton Goldfield, CEO of Ketera, Named by Leading Business Magazine to Annual Listing of Top Supply and Demand Chain Industry Professionals

Santa Clara, Calif., March 27, 2007 - Ketera, the leading provider of on-demand Spend Management solutions, today announced that it′s CEO, Burton Goldfield, was a recipient of Supply and Demand Chain Executive′s 2007 Provider Pros to Know award. This annual award is given to individuals in the industry who have personally helped raise and increase the recognition and importance of Supply Chain as a strategic function within the enterprise. Goldfield was recognized as a thought leader in this industry before completing his first year as CEO of Ketera.

"It′s gratifying to be named to this list and highlights the momentum Ketera has in terms of product innovation, market share and thought-leadership. We′ve set the bar high for Ketera and hope to accomplish much more in the coming year," said Goldfield. "Ketera′s influence will continue to raise the level of industry practice by delivering innovative solutions, raising the visibility of spend management to C-level executives and provide our customers with unparalleled value and cost savings across the board."

"This year′s Provider Pros to Know have shown themselves to be thought-leaders in their respective supply chain segments," said Andrew Reese, editor, Supply & Demand Chain Executive. "Their efforts in developing the tools and processes necessary for supply chain transformation, and in promoting new approaches to supply chain enablement, are helping raise Supply Chain′s status within the enterprise and have earned them a place on this year′s Provider Pros listing."

The full listing of the 2007 Pros to Know is available on the Supply & Demand Chain Executive Web site at: www.SDCExec.com

About Supply & Demand Chain Executive

Supply & Demand Chain Executive is the executive′s user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage. On the Web at: www.SDCExec.com

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 prev next

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 prev next

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 Plaat VP Contract Services for Con-way prev next

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 prev next

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 prev next

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 prev next

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

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 prev next