Ariba CEO Honored on 2005 ''Provider Pros to Know'' List by Supply & Demand Chain Executive Magazine; Bob Calderoni Recognized for His Work Advancing the Spend Management Category.SUNNYVALE, Calif. -- Ariba,(R) Inc. (Nasdaq:ARBA), the leading spend management solutions provider, today announced that Bob Calderoni, Ariba's chief executive officer, was named to Supply & Demand Chain Executive's 2005 "Provider Pros to Know" list of top industry professionals. The annual listing of honorees recognizes individuals who have excelled in their commitment to advancing supply and demand chain technology and have proven to be thought leaders in their respective industries. Mr. Calderoni was named to this year's list for his efforts developing spend management from its infancy infancy, stage of human development lasting from birth to approximately two years of age. The hallmarks of infancy are physical growth, motor development, vocal development, and cognitive and social development. to the strategic enterprise category of solutions and services that it is today. In the three years since Ariba pioneered spend management, the company has created a new category of software solutions and services that help businesses better track and manage the money they spend. Benefits include improved business practices and increased bottom lines. "The core idea driving enterprise adoption of spend management technology is supply and demand chain optimization optimization Field of applied mathematics whose principles and methods are used to solve quantitative problems in disciplines including physics, biology, engineering, and economics. ; in other words Adv. 1. in other words - otherwise stated; "in other words, we are broke" put differently , enabling users to accomplish more with less," said Andrew K Andrew K is a Greek DJ and record producer. He has released over 30 records in a variety of well-respected labels including Armada, Mo-Do, Pure Substance, Vapour, Babylon Records and more. As a DJ, he has appeared in many countries across the globe. . Reese, editor, Supply & Demand Chain Executive. "By way of his vision and leadership at Ariba, Mr. Calderoni has done much to advance the development of the spend management category, and help enterprise businesses utilize business technology solutions to optimize their spending practices." "It is an honor to be recognized among this year's 'Provider Pros to Know' for Ariba's efforts in advancing spend management as a business best practice," said Mr. Calderoni. "However, the real pros are the numerous CFOs, CPOs, and supply and procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. professionals faced with doing more with less, and with advancing the bottom-line success of their companies. That is where spend management is really happening, and I'm proud that Ariba is playing a role in helping those companies succeed." About Supply & Demand Chain Executive Supply & Demand Chain Executive (www.sdcexec.com) is a bi-monthly business magazine aimed at uniting the intelligence, news and tools necessary to steer the supply and demand chain management professional and business executive through the complicated, yet critical, world of supply and demand chain management. With hard-hitting analysis, viewpoints and unbiased case studies, Supply & Demand Chain Executive will uncover each aspect of the new supply and demand chain to keep readers on the leading edge, the frontline front·line also front line n. 1. A front or boundary, especially one between military, political, or ideological positions. 2. Basketball See frontcourt. 3. Football The linemen of a team. and the profit zone. About Ariba, Inc. Ariba, Inc. is the leading provider of Spend Management solutions to help companies realize rapid and sustainable bottom line results. Successful companies around the world in every industry use Ariba Spend Management software and services. Ariba can be contacted in the U.S. at 1.650.390.1000 or at www.ariba.com. Copyright (C) 1996 - 2005 Ariba, Inc. Ariba and the Ariba logo are registered trademarks of Ariba, Inc. Ariba Spend Management, Ariba Spend Management. Find it. Get it. Keep it., Ariba. This is Spend Management, Ariba Solutions Delivery, Ariba Analysis, Ariba Buyer, Ariba Category Management, Ariba Category Procurement, Ariba Contract Compliance, Ariba Contracts, Ariba Contract Management, Ariba Contract Workbench, Ariba Data Enrichment enrichment Food industry The addition of vitamins or minerals to a food–eg, wheat, which may have been lost during processing. See White flour; Cf Whole grains. , Ariba eForms, Ariba Sourcing, Ariba Invoice, Ariba Travel & Expense, Ariba Workforce, Ariba Supplier Network, Ariba Supplier Performance Management, Ariba PunchOut, Ariba QuickSource, PO-Flip, Ariba Settlement and Ariba Spend Management Knowledge Base are trademarks or service marks of Ariba, Inc. Ariba Proprietary and Confidential. All rights reserved. Patents pending. All other trademarks are property of their respective owners. Ariba Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Safe Harbor Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 1995: Information and announcements in this release involve Ariba's expectations, beliefs, hopes, plans, intentions or strategies regarding the future and are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties. All forward-looking statements included in this release are based upon information available to Ariba as of the date of the release, and we assume no obligation to update any such forward-looking statements. These statements are not guarantees of future performance and actual results could differ materially from our current expectations. Factors that could cause or contribute to Ariba's operating and financial results to differ materially from its current expectations include, but are not limited to: delays in development or shipment of new versions of Ariba's products and services; lack of market acceptance of Ariba's existing or future products or services; inability to continue to develop competitive new products and services on a timely basis; introduction of new products or services by major competitors; the ability to attract and retain qualified employees; difficulties in assimilating as·sim·i·late v. as·sim·i·lat·ed, as·sim·i·lat·ing, as·sim·i·lates v.tr. 1. Physiology a. To consume and incorporate (nutrients) into the body after digestion. b. acquired companies; long and unpredictable sales cycles and the deferrals of anticipated orders; declining economic conditions; inability to control costs; changes in the company's pricing or compensation policies; significant fluctuations in our stock price; the outcome of and costs associated with pending or potential future regulatory or legal proceedings All actions that are authorized or sanctioned by law and instituted in a court or a tribunal for the acquisition of rights or the enforcement of remedies. ; the impact of our acquisitions, including the disruption or loss of customer, business partner, supplier or employee relationships; and the level of costs and expenses incurred by Ariba as a result of such transactions. For example, Ariba recently settled patent infringement patent infringement n. the manufacture and/or use of an invention or improvement for which someone else owns a patent issued by the government, without obtaining permission of the owner of the patent by contract, license or waiver. filed against it by ePlus, Inc. for $37.0 million and incurred significant related legal expenses. Factors and risks associated with its business, including a number of the factors and risks described above, are discussed in Ariba's Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. filed December 14, 2004. |
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