Ketera Achieves 13th Consecutive Quarter of Record Growth
Company Continues Growing Revenue by Delivering Proven Cost Savings and Increasing Customer Time to Value

SANTA CLARA, CA - April 19, 2006 -- Ketera, the leading provider of On Demand Spend Management solutions, today announced yet another record quarter of momentous growth, achieving its thirteenth straight quarter of increased revenues. Over 20 new Fortune 500 and mid-enterprise customers, totaling more than $6 million in contract value, came on board with Ketera in the last 90 days making this Ketera's fastest growing quarter yet. This accelerated growth resulted from multiple competitive wins, with customers selecting Ketera for its delivery of unprecedented cost savings, it's time-to-value, and it authentic on demand or software as service delivery model.
 
New customers for the first quarter include Fortune 500 enterprise companies from industries such as Petrochemical, Government, Consumer Packaged Goods, Retail, Financial Services and Healthcare. Ketera also established stronger corporate relationships this quarter, continuing to build a comprehensive technology and services partner network with industry leading companies such as Salesforce.com, Corporate United, Aptium Global and Aravo.

"We chose Ketera because we knew their on demand solution would implement rapidly and we were incredibly pleased to have the solution live in just two weeks after implementation," said Greg Petith, director, Clubconnect. "We evaluated several products and many vendors made broad claims about their solutions. Ketera delivered the results they promised and quickly surpassed our expectations for delivering ROI."

During the quarter, Ketera also largely increased its footprint with existing customers, achieving a 100 percent renewal rate and proving that Ketera's authentic on demand model is delivering realized savings and bottom line results to every company they serve.

"In each of the last thirteen quarters, Ketera's strong performance and consistent monthly revenue increases speak volumes about the fast-growing market adoption for on demand solutions," said Steve Savignano, chairman and chief executive officer, Ketera. "While other companies recast maintenance fees and services to support their on demand revenue growth, the market is finding clear value in Ketera's on demand spend management solutions and our business model, which is entirely reliant on subscription fees and offering our customers immediate value. The low-risk, low-cost entry point inherent in our offerings makes this delivery mode an attractive option. Within days, our customers are up and running and saving on everything from laptops to engine parts."

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