Ariba CTO Craig Federighi Named to the 2004 ``Practitioner Pros to Know'' list by Industry Magazine Supply & Demand Chain Executive.Business Editors/High-Tech Writers SUNNYVALE, Calif.--(BUSINESS WIRE)--Feb. 23, 2004 Federighi honored for efforts in furthering the advancement of the Enterprise Spend Management category and his dedication to innovative leadership Ariba,(R) Inc. (Nasdaq:ARBA), the leading Enterprise Spend Management (ESM (1) (Enterprise Storage Management) Managing the online, nearline and offline storage within a large organization. It includes analysis of storage requirements as well as making routine copies of files and databases for backup, archiving, disaster recovery, ) solutions provider, today announced that Craig Federighi, Ariba chief technology officer, was included in Supply & Demand Chain Executive's prestigious annual Practitioner Pros to Know list of pioneering industry professionals. Honorees clearly demonstrate a deep breadth of knowledge about the industry and embody innovative thinking in their approach to the evolving supply and demand chain network. Federighi is behind Ariba's creation of innovative solutions that help companies realize key business objectives across the ESM process and achieve significant, sustainable spend reductions. These solutions provide clear ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). for customers who use Ariba solutions to define their spend management vision and to then develop a program aligning their vision with the initiatives and resources essential for success. Federighi has also been active in evangelizing the ESM market through customer interaction and industry leadership. During his tenure at Ariba, Federighi delivered one of the first commercial solutions in the area that would later become known as "Web Services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term. ." The Ariba Supplier Network, based on the cXML messaging standard, remains one of the most widely used real-world e-commerce Web Services in use today. Additionally, Federighi and his team developed the Ariba platform to be highly configurable to meet specific customer needs. This is now the core platform for Ariba application development allowing rapid and productive product development. About Ariba Spend Management(TM) Solutions Ariba Spend Management solutions help companies automate, integrate and streamline their entire purchasing process Purchasing Purchasing is the formal process of buying goods and services. The Purchasing Process can vary from one organization to another but there are some key elements that are common throughout The process usually starts with a 'Demand' or requirements from planning to payment, resulting in significant process efficiencies and sustainable cost savings that go straight to the bottom line. Ariba Spend Management consists of strategy, analysis, sourcing, procurement and supplier management solutions and encompasses all categories of enterprise spend from direct goods to MRO MRO In currencies, this is the abbreviation for the Mauritanian Ouguiya. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. and services. About Supply & Demand Chain Executive Supply & Demand Chain Executive 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 Enterprise Spend Management (ESM) solutions provider. Ariba helps companies develop and leverage spend management as a core competency A core competency is something that a firm can do well and that meets the following three conditions specified by Hamel and Prahalad (1990):
Ariba and the Ariba logo are registered trademarks of Ariba, Inc. Ariba Spend Management, Ariba Analysis, Ariba Buyer, Ariba Category Management, Ariba Contracts, Ariba Travel & Expense, Ariba Workforce, Ariba Invoice, Ariba eForms, Ariba Enterprise Sourcing, Ariba Category Procurement, Ariba Contract Workbench, Ariba Settlement, Ariba Supplier Network, BPM Services, Power Sourcing, Total Spend Capture and PO-Flip are trademarks or service marks of Ariba, Inc. 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 acquired companies; the impact of recent workforce reductions on Ariba's operations; lengthening lengthening (lengkˑ·the·ning), n the use of various massage or muscle energy techniques to relax and stretch muscle and connective tissue. sales cycles and the deferrals of anticipated orders; declining economic conditions, including a recession; inability to control costs; changes in the company's pricing or compensation policies; inability to successfully manage a reduction in the company's workforce; significant fluctuations in our stock price; the outcome of 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. relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the restatement Restatement A revision in a company's earlier financial statements. Notes: The need for restating financial figures can result from fraud, misrepresentation, or a simple clerical error. of our financial statements; the possibility that stockholders or regulatory authorities Noun 1. regulatory authority - a governmental agency that regulates businesses in the public interest regulatory agency administrative body, administrative unit - a unit with administrative responsibilities may initiate additional proceedings against Ariba and/or our officers and directors as a result of the restatements; the impact of acquiring Aliiente and entering into an agreement to acquire FreeMarkets, including the disruption or loss of customer, business partner, supplier or employee relationships; the level of costs and expenses incurred by Ariba as a result of such transactions; and the level of professional fees and expenses incurred by Ariba in connection with its previously disclosed accounting review and associated regulatory and litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. proceedings. 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/A filed January 28, 2004 and in its Form S-4 filed February 12, 2004. |
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