PurchasingNet to Hold Annual Client Forum in Las Vegas

Red Bank, NJ

August 10, 2004 . PurchasingNet, Inc. will hold its 21st annual Client Forum, March 6-8, 2005 at the MGM Grand Hotel and Casino in Las Vegas , Nevada . The theme of the 2005 Client Forum is, “The Convergence of eProcurement and ePayables”. Attendees will have the opportunity to:

• Network with other PNet Clients and share experiences with people in similar industries.
• Meet one-on-one with the PurchasingNet management team and receive a first hand look at the PNet “Product Roadmap”.
• Influence the future development of PNet by participating in the popular “Client Brainstorming Session”.
• Attend sessions conducted by PNet customers, including EarthLink and Countrywide Financial.
• See demonstrations of eRFX and Contract Management Software.
• Learn what the Sarbanes-Oxley Act means to them and how it impacts their company.
• Get a sneak peak at the newest version of PNet, including ePayables and the Supplier Invoice Portal.
• Attend a hands-on Version 7 Training Session

The fee to the Client Forum is $995 per attendee; however, for those who register before November 30, 2004, the early registration fee is $895 per attendee. For customers in the PNet Subscription Advantage program, the registration fee is waived for up to three attendees. To register, call Bevin Subocz at 732-212-1500 x3135 or email BSubocz@PurchasingNet.com.

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