Ketera Announces Significant Worldwide Growth for Q3 2005
On Demand Spend Management Delivers Value to Customers of All Sizes From Fortune 500 to Mid-Market Companies

SANTA CLARA, CA, October 25, 2005 -- Ketera, the leading provider of On Demand Spend Management solutions, today announced it added companies like Toshiba, BASF, ServiceMaster, On Assignment, Delta Air Lines, GMAC, Kennametal, and the British Transport Police during the third quarter of fiscal year 2005. Overall, Ketera showed strong growth in its most recent quarter by gaining traction for its on demand solutions among companies of all sizes and industries. The number of registered Ketera customers rose above 5,500 new paying subscribers across the company's full spend management solution suite, up nearly 50 percent on a year-over-year basis. More significantly, Ketera surpassed $3.2 trillion in annual spend processing.
 
"The scalability of Ketera's on demand solutions meets the complex needs of our organization's supply chain," said Dian Trosclair, VP of Supply Chain Management, ServiceMaster. "We did an intensive competitive comparison and realized that Ketera's spend management solutions could best provide us the immediate benefits we need now and in the future to better streamline our business."

Among enterprise companies, Ketera has seen the biggest customer adoption rate increases this quarter. The low-risk, low-cost entry point inherent in on demand offerings makes Ketera's solutions an attractive option for companies wanting to rapidly implement spend management initiatives and best practices into their organizations.

"The beauty of Ketera's on demand solutions is that no company is too big or too small to realize immediate value from our services," said Steve Savignano, chairman and CEO, Ketera. "Ketera delivers genuine on demand spend management solutions that don't come in the form of complex and exorbitantly priced software applications, bundled together with expensive services, support and transaction fees."

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, contract management, supplier performance 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.

For more information about Ketera and the Ketera Spend Management suite of services, please visit www.ketera.com.

Contact:

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