Ketera to Present at SG Cowen 33rd Annual Technology Conference
 
Stephen Savignano, Ketera Chairman of the Board & Chief Executive Officer of Ketera Joins Panel to Speak on ''Software as a Service''

SANTA CLARA, Calif--June 2, 2005--Ketera (www.ketera.com), the leading provider of on demand spend management solutions, today announced that Chairman and CEO, Stephen Savignano, will participate on a panel at the SG Cowen 33rd Annual Technology Conference focusing on "Software as a Service." The panel is scheduled for Thursday, June 2nd, 12:15 - 1:15pm EST.
The SG Cowen 33rd Annual Technology Conference will be held on June 1-2, 2005, at the Westin New York at Times Square. Executive management from more than 150 of the most dynamic public and private companies in technology will share in-depth views of their current operations and future trends.

About Ketera

Ketera is the leading provider of on demand, spend management solutions, providing companies with the applications and services needed to control and reduce corporate spending at a low cost of ownership.

Ketera Spend Management includes applications for spend analysis, sourcing, procurement and payment and reconciliation. The Ketera difference is our on demand delivery model, which combines hosted spend management applications with the "heavy lifting" services required for success, including supplier enablement, hardware infrastructure, project resources, system administration and solution upgrades.

Ketera is an IBM business partner, providing technology for IBM Leveraged Procurement Services, an e-Business On Demand offering. Located in Santa Clara, Calif., Ketera is a private company funded by American Express. Other investors in the company include Kleiner Perkins Caulfield & Byers and Foundation Capital. For more information about Ketera and the Ketera Spend Management suite of services, please visit www.ketera.com.

Contact:
     Atomic PR (for Ketera)
     Nick Olsson, 415-402-0230
     nick@atomicpr.com