Perfect Commerce Adds Strength To Leadership Team; John Jung Joins Firm As Chief Operating Officer.

Business Editors/High-Tech Writers

KANSAS CITY, Mo.--(BUSINESS WIRE)--May 3, 2004

Perfect Commerce, Inc., a leading provider of world-class Supplier Relationship Management (SRM) solutions, today announced that John Jung will join the company as Chief Operating Officer.

Jung brings an extensive background in the strategy, structure and performance of commercial and technology operations of companies offering procurement, sourcing and settlement solutions and services.

"John brings high-caliber experience and operations leadership to our team," said Sandy Kemper, chairman and CEO of Perfect Commerce. "His experience, strategic insight and passion for the business will help Perfect Commerce continue our rapid growth and expansion."

Previously, Jung was Chief Operating Officer and Board Director of Achilles Group Limited, an international firm offering supplier management services for over 14 years. Jung assisted Achilles in transforming customer, product and technology management operations to improve performance and growth position. Prior to Achilles, Jung was Executive Vice President of Operations for Pantellos Group, a vertical-sponsored e-marketplace launched by 21 of the 25 largest utilities in North America. There, Jung helped Pantellos become the first e-marketplace to reach sustained profitability and positive cash flow.

Jung also served as managing director of the e-marketplace consulting practice of Commerce One and brings strategy and transformation consulting experience from A.T. Kearney and Braxton Associates. Jung holds a Master's of Business Administration with the Richard Ivey School of Business and a Bachelor's in Economics and Science.

Jung replaces James McCormick who was instrumental in the success of Perfect Commerce prior to its merger with eScout.

"James is a strong leader and has been a key contributor to the successful merger between Perfect Commerce and eScout," said Kemper. "He will work closely with the leadership team during the transition providing guidance on a number of initiatives."

Jung will be based out of the Kansas City area headquarters and will direct internal operations for Perfect Commerce including Sales, Account Management, Technology Development and Operations, Service Fulfillment and Customer Support.

About Perfect Commerce, Inc.

Perfect Commerce delivers world-class On-Demand SRM solutions and the Open Supplier Network, with more than 120 Global 2000 clients, 160,000 users and 8,000 suppliers. Perfect Commerce is focused on maximizing the buyer-supplier relationship and has enabled large volumes of transactions and savings for its clients. In 2003, the company's consolidated purchasing transaction volume exceeded 3.5 million with dollar volumes reaching $3.6 billion. The company's solutions have helped customers reduce costs by more than 15 percent, compress cycle time by up to 75 percent and significantly enhance the buyer-supplier relationship. Headquartered in the metropolitan Kansas City area, Perfect Commerce can be reached by phone at 877-871-3788 or via the Internet at www.perfect.com.