PurchasingNet, Inc.

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11 Customers Receive Awards at PurchasingNet's Client Forum 2008


Client of the Year Honors Awarded at Annual User Conference in Las Vegas


Red Bank, NJ

April 11, 2008 –The 24th Annual PurchasingNet Client Forum was held March 9-11 in Las Vegas, Nevada. Eleven PurchasingNet Customers received Client of the Year Awards at the Forum. PurchasingNet President & CEO, Tim McEneny, recognized the following companies at a ceremony on Monday, March 8th at the Rio All-Suite Hotel & Casino:

PNet Client of the Year Category
Navy Federal Credit Union Credit Unions
Jackson National Life Insurance
San Manuel Indian Bingo & Casino Leisure
XM Satellite Radio Holdings, Inc. Media
U.S. Bancorp Banking
Kirkland & Ellis, LLP Legal
EarthLink, Inc. Telecommunications
Countrywide Financial Corporation Reference Site
The NASDAQ Stock Market, Inc. New Client of the Year
ExpressJet Holdings, Inc. Transportation

Senior executives from four award-winning customers, XM Satellite Radio, EarthLink, ExpressJet, and U.S. Bancorp, participated in a Panel Discussion on "The Convergence of the Fiscal Supply Chain with the Physical Supply Chain," moderated by Andrew Reese, Editor, Supply & Demand Chain Executive Magazine. All attendees took part in the Forum's annual Brainstorming Session, where customers create, prioritize, and vote on suggested product enhancements.

"Our Client Forum 2008 was a huge success. Our Client of the Year Award winners have been instrumental in helping us develop a great Procure-to-Pay solution," states Tim McEneny, President & CEO, PurchasingNet, Inc.


About PurchasingNet, Inc.

PurchasingNet, Inc. (http://www.PurchasingNet.com) is a leading provider of Web-based eProcurement and ePayables software to mid- and large-sized companies. The company has over 1,400 customers in Financial Services, Retail/Consumer Products, Professional Services, Media/Publishing and a variety of other industries.

Founded in 1983, PurchasingNet has focused exclusively on the development and implementation of Procurement and Payables applications since inception. In addition to building an extensive, blue-chip client base, PurchasingNet possesses deep domain expertise in Purchasing and Payables business processes. The average length of service at PurchasingNet is 8 years per employee.

PurchasingNet's customers include Countrywide Financial, US Bank, Navy Federal Credit Union, American Financial Group, Liz Claiborne, HBO, EarthLink, Black & Decker, Kroger, and General Mills.

For Details, Contact:

Erinn Tarpey
Marketing Manager

PurchasingNet, Inc.
732-212-1500 x 3173