Procuri Momentum Continues with European Expansion, New Board Member Appointment and Record Conference Attendance.

ATLANTA -- Procuri, the leader in OnDemand supplier management solutions, announced continued industry momentum as demonstrated by new European office openings, board member appointment and more than 250 attendees at its annual "Empower 2005" conference starting today in Atlanta.

Procuri Expands Across Europe

At a time when other vendors are reducing their presence in Europe, Procuri accelerated its international market share gains by opening offices in Germany, France and the Netherlands.

Key European-based customers using Procuri's OnDemand solutions include AirportSmart, Brookmeade Group LLC, HOVENSA, KLM Royal Dutch Airlines, LeChase Construction Services LLC, Vantage from Lloyds TSB.

AberdeenGroup validates the growing opportunity for Procuri: "While some European firms have made significant headway in improving strategic sourcing of services, they are primarily relying on manual processes to negotiate those improvements. Furthermore, they have limited, in some cases none, compliance mechanisms to lock those savings in place."

Procuri Adds New Board Member

Procuri further expanded its Board of Directors with the appointment of John W. Baumstark. Baumstark has an extensive industry, technology and executive background and proven experience in growing technology companies. Baumstark was previously President and CEO of DWL, the leader in customer data integration solutions, which was recently acquired by IBM. He currently serves as vice president of Customer Data Integration with the Enterprise Master Data Solutions division of IBM Software Group.

Baumstark also served as a senior vice president at Ariba, chief operating officer of TRADEX, which was acquired by Ariba in one of the largest software acquisitions in history, and senior vice president of worldwide operations for Infinium Software. Baumstark commented, "Procuri has created excellent market momentum with its OnDemand approach and ability to very quickly enable customers to become both productive and self sufficient. I look forward to working with the board and executive team to position the company for significant additional growth."

Mark F. Morel, Procuri president and chief executive officer, said, "We are extremely pleased with John's appointment as his extensive experience and knowledge are especially relevant during Procuri's current dramatic growth phase as the need for OnDemand supplier management solutions continues to accelerate around the globe."

Procuri Hosts Record Customer Conference

More than 250 sourcing and contracting professionals are attending Empower 2005. Empower 2005 features presentations by leading companies and experts including Aberdeen Group, AMR Research, Bank of America, General Electric, National City Corporation, PepsiCo, Roll International, Sun Microsystems, Texas Instruments and Toyota. Sponsors include Sun Microsystems, SAS and Austin-Tetra.

"Customer loyalty and satisfaction continue to be the #1 driver for Procuri, and we are delighted that we continue to lead the industry with a nearly perfect record of customer retention," commented Morel. "With the acquisition of CMSI, we not only expanded our solutions and services offerings, but welcomed an extensive roster of outstanding clients to the Procuri family. Empower 2005 provides an excellent venue for the sharing of ideas, successes and experiences, and the building of deep and lasting relationships."

About Procuri

Procuri, the leader in OnDemand Enterprise Supplier Management solutions, empowers more than 300 customers of all sizes, industries, geographies and spend categories, including Eastman Kodak, The McGraw-Hill Companies, Newell Rubbermaid, Rio Tinto and U.S. Steel. Procuri's OnDemand solutions accelerate bottom line savings and drive top line performance throughout organizations with comprehensive yet user-friendly solutions that control costs, manage performance, ensure compliance and quickly deliver more value. For more information, call 1-877-360-1600 or visit www.procuri.com.

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