PurchasingNet, Inc.

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EarthLink and PurchasingNet Renew Their Partnership

Red Bank, NJ

November 8, 2006 – This week, EarthLink renewed its commitment to the PNet Procure-to-Pay software solution (http://www.purchasingnet.com/) by inking an agreement to continue service through 2007. The terms of the contract were not disclosed.

EarthLink has used PNet Procure-to-Pay software since July 2004 to help manage expenses and enhance spend visibility in areas as diverse as disk production, network equipment & services, professional fees, flexible staffing, direct marketing, advertising, market research, transportation, and facilities.

“We are working extremely hard to better manage vendor performance, reduce risks and lower costs,” noted Mike Clair, Vice President, Corporate Procurement for EarthLink, “PNet has been an excellent enabler and has allowed us to maintain a level of consistency and visibility that we did not have prior to its implementation.”

“EarthLink has done a great job implementing and using our Procure-to-Pay software,” said Tim McEneny, CEO of PurchasingNet, Inc., “They have managed to achieve all of the KPI goals they established at the beginning of this project.” EarthLink’s achievements in this area were recognized earlier this year when they were named 2006 “Telecommunications Client of the Year” during PurchasingNet’s annual Client Forum in Las Vegas.


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