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Ketera CEO Receives 2006 Provider "Pros to Know" Award Honor
 
  Supply & Demand Chain Executive Again Recognizes Steve Savignano for His Industry Vision and Thought Leadership

Santa Clara, Calif., March 10, 2006 – Ketera Technologies, the leading provider of On Demand Spend Management solutions, today announced that Steve Savignano, Chairman and CEO of Ketera, has been honored by Supply & Demand Chain Executive′s prestigious 2006 Provider "Pros to Know" award. The award is an annual listing of top industry professionals from supply and demand chain software providers who have propelled advancements in the industry through technology–related innovation.

Honored for the third consecutive year as a spend management pioneer and on demand visionary, Savignano believes that customers today should demand more value from their business technology solutions. With this in mind, he continues to evangelize the on demand model for spend management applications, and remains focused on helping prevent enterprise and mid–market companies alike from paying millions in upfront fees to traditional packaged software vendors.

"This year′s Provider Pros to Know have shown themselves to be thought–leaders in their respective supply chain segments," said Andy 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, have earned them a place on this year′s Provider Pros listing."

Mr. Savignano has been an integral part of the software industry for over 25 years and is credited with helping develop on demand into the dominate delivery model for spend management applications. With his visionary leadership and Ketera′s spend management solutions, companies are able to utilize on demand procurement services as a means of rapidly growing their businesses with reduced risk.

"To be recognized once again by Supply & Demand Chain Executive as a top Provider `Pros to Know´ is a tremendous honor and a great reflection on our success evangelizing the on demand model," Savignano said. "From the start, Ketera has remained committed to helping customers understand the benefits of on demand spend management solutions. I′m proud that Ketera′s role in advancing the on demand movement continues to be recognized year after year throughout the industry."

About Supply & Demand Chain Executive

Supply & Demand Chain Executive (www.sdcexec.com) is a bi–monthly business magazine aimed at uniting the intelligence, news and tools necessary to steer the supply and demand chain management professional and business executive through the complicated, yet critical, world of supply and demand chain management. With hard–hitting analysis, viewpoints and unbiased case studies, Supply & Demand Chain Executive will uncover each aspect of the new supply and demand chain to keep readers on the leading edge, the frontline and the profit zone.

About Ketera

Ketera is the leading provider of on demand, spend management solutions, providing companies with the applications and services needed to control and reduce corporate spending at a low cost of ownership.

Ketera Spend Management includes applications for spend analysis, sourcing, procurement, contract management, supplier performance and payment and reconciliation. The Ketera difference is our on demand delivery model, which combines hosted spend management applications with the "heavy lifting" services required for success, including supplier enablement, hardware infrastructure, project resources, system administration and solution upgrades.

For more information about Ketera and the Ketera Spend Management suite of services, please visit www.ketera.com.
 
To learn how Ketera Spend Management Solutions can help your business, call 1–877–486–4340
 
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