SUPPLIERS USING KETERA SOLUTIONS MAXIMIZE VALUE WITH ZERO TRANSACTION–BASED FEES
Ketera Supplier Network Gaining Momentum with Over 750,000 Suppliers; Surpasses a Billion Dollars In Transactional Spend Per Year

Santa Clara, CA (September 21, 2005) — Ketera, the leading provider of On Demand spend management solutions, today announced that a record number of suppliers in the Ketera Supplier Network are gaining maximum value by avoiding transaction–based fees within the Ketera system. As a result, the Ketera Supplier Network has surpassed more than a billion dollars in annual transactional spend via its growing directory of over 750,000 unique suppliers.

By not charging fees based on the number of transactions that pass through the Ketera Supplier Network, Ketera is offering large–to–small suppliers and buyers a cost savings opportunity. Unlike competing supplier networks, the Ketera system does not penalize suppliers for their demand generation as the network does not charge fees based on the volume or dollar amount of the transactions.

"Supplier connectivity is the foundation of a successful e–procurement deployment," said Tim Minahan, senior vice president of Global Supply Chain Research and Strategy at the Aberdeen Group. "However, many early enablement approaches were burdensome and included hidden fees. Ketera offers a transaction–free solution that can accelerate supplier enablement and time–to–value for e–procurement deployments."

With more than twice the number of active suppliers as its nearest competitor, the Ketera Supplier Network is growing rapidly, at an average 200 new suppliers per week. Additionally, the Ketera Supplier Network has exceeded more than 30,000 active suppliers and over 15,000 buyers. These milestones highlight Ketera's continued success in creating on demand solutions that enable customers to better manage their spend and lower costs in the procurement and supplier enablement process.

Specifically, the Ketera Supplier Network allows for companies to efficiently manage transactions and communications in real–time. By eliminating the cost of managing multiple supplier connects, helping buyers preserve and improve existing supplier investments and allowing buyers to access pre–sourced, negotiated contracts, customers of all sizes can benefit from the Ketera system.

The Ketera solution helps suppliers conduct business easier with buyers in the network by enabling them to manage customer relationships across multiple channels and technologies, receive orders and communicate with buyers electronically, regardless of the system used by the buyer. As a result, suppliers can reduce costs, improve workflow processes and ultimately grow revenues by quickly and efficiently connecting with buyers.

Buyers benefit from the Ketera system by having a single point of access to one of the largest supplier networks in the world. The Ketera Supplier Network uses cXML standards to readily integrate with other systems, and connects buyers with all suppliers over the Internet, regardless of supplier size or system capabilities. Ketera also delivers web–based training and help–desk assistance for suppliers, eliminating the need for buyers to perform this task. All of which, increases the velocity, and lowers the cost of supplier enablement and the procure–to–pay process for buyers.

The Ketera Supplier Network offers the most flexible online and offline functionality including XML, EDI, email, HTML and fax. No other vendor offers equivalent utility. Ketera also ensures its customers and suppliers receive upgrades and continuous innovative enhancements without exorbitant upgrade costs or downtime—while ensuring its customers are not charged for features and functionality they don't need or want.

"Customers have the inherent right to avoid paying hidden costs or sudden increases in transaction fees in order to transact online with buyers and suppliers, as evidenced in the On Demand Bill of Rights," said Steve Savignano, CEO of Ketera. "We believe both suppliers and buyers have the right to access the largest open supplier network solution in the world and immediately begin maximizing business value with much lower risk—so that is exactly what we deliver to our customers via our on demand model. As a result, we are witnessing unprecedented growth within the Ketera Supplier Network."

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.

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.

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For more information:

Amy Wall
Voce Communications, Inc.
Work: 650-228-5182
Email: awall@vocecomm.com