PurchasingNet, Inc.

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Capital Blue Cross Expands their PNet Implementation

Pennsylvania Health Care organization to roll-out PNet to employees


Red Bank, NJ

January 5, 2004. Capital Blue Cross, headquartered in Harrisburg, Pennsylvania, has over 2,000 employees. Capital Blue Cross has more than 7,400 professional service providers and works with 37 hospitals in Central Pennsylvania and the Lehigh Valley.

Capital Blue Cross previously automated internal Business Processes using PNet’s Purchasing, Invoice Matching and Inventory Control software. Capital Blue Cross will now be adding PNet’s Web-based Requisitioning module to further streamline the overall procurement process. Capital Blue Cross has interfaced PNet eProcurement software with their Oracle Financials suite.

The roll-out to Capital Blue Cross employees will begin in the first quarter of 2004.


About PurchasingNet, Inc.

PurchasingNet, Inc. 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