PurchasingNet, Inc.

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PurchasingNet, Inc. Named to 2006 Supply & Demand Chain Executive 100

Company again recognized as innovative supply and demand chain vendor by leading business magazine


Red Bank, NJ

July 18, 2006 . PurchasingNet, Inc., a leading Procure-to-Pay solutions provider, today announced that it has been named to the Supply & Demand Chain Executive Top 100. An annual report designed to recognize companies that are leading the way in supply and demand chain transformation, the list highlights providers of supply chain services and technologies that are at the forefront of innovation. PurchasingNet has been among the Supply & Demand Chain Executive 100 since 2001.

“The corporate executives and line-of-business leaders who read Supply & Demand Chain Executive want to know not only what the state of the art is today, but what will be the cutting edge of supply chain transformation and enablement tomorrow," said Andrew K. Reese, editor of Supply & Demand Chain Executive. "Our goal with this year's '100' is to highlight a broad range of innovations taking place in the theory and practice of supply chain transformation and identify providers who are addressing the needs of companies of varying sizes, and assisting in the transformation of a diverse mix of the functions that make up the supply chain.”

PurchasingNet was selected to the 2006 Supply & Demand Chain Executive 100 on the basis of its history of innovation, its continued commitment to advancing supply chain transformation and enablement and its track record of helping companies large and small deliver bottom-line results.

Additionally, Tim McEneny , PurchasingNet’s CEO, has been named as a Pro-to-Know numerous times by Supply & Demand Chain Magazine.

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.


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