Perfect Commerce and Eutilia Announce Strategic Alliance; Partnership Expands the Companies' European Market Position

Business Wire, March 21, 2005

KANSAS CITY, Mo. -- Perfect Commerce, Inc., the largest provider of On-Demand Supplier Relationship Management (SRM) solutions and The Open Supplier Network(SM) (The OSN(SM)), and Eutilia N.V., the leading European online marketplace for utilities, today announced the formation of a strategic partnership. The partnership is designed to accelerate the value delivery of advanced SRM services to the European market as well as expanded coverage of Perfect Commerce's Open Supplier Network.

"Partnering with Eutilia represents a milestone for Perfect Commerce's European operations. With the establishment of our Paris office last year, we have seen significant growth in our global supply base," said Sandy Kemper, chairman and CEO of Perfect Commerce. "We are very pleased by this agreement and believe it creates substantial value, not only for our shared customers, but for the marketplace as a whole."

Eutilia will deliver supplier on-boarding, customer support and catalogue management services for Perfect Commerce's supply-side clients in Germany, Benelux, the UK and Spain. Perfect Commerce will enable Eutilia to offer integrated eProcurement solutions to European utility companies and contractors. This agreement provides an enhanced portfolio of On-Demand SRM solutions and services for the utility sector utilizing The OSN platform, the largest independent supplier network in the world.

"U.S.-based Perfect Commerce customers needing European deployment and European customers needing a quick roll-out of their current procurement projects will add compelling value from this partnership," said Martial Gerarardin, managing director of Perfect Commerce in Europe. "The depth of Perfect Commerce's expertise in the utilities/energy sector and Eutilia's demonstrated capabilities in on-boarding and other customer support issues will serve our joint customers well. More pan-European companies will now be able to experience the benefits of simplifying commerce by deploying our On-Demand solutions delivered by Eutilia."

By including The OSN as a remote services application within its industry-leading SRM solutions, Perfect Commerce excels at supplier adoption with self-service and full service options, allowing companies to conduct eCommerce with all their trading partners, large or small.

"With an established base of diverse clients, including 101 of the Fortune 500, leading-edge technology and an aggressive business model, we are pleased to have Perfect Commerce as our partner," said Jean-Philippe Massin, CEO of Eutilia. "Our vision to expand Eutilia's marketplace footprint throughout the European utility sector provides for a very complementary partnership. The recent merger between Perfect Commerce and Pantellos, an online marketplace for utilities in North America, confirms it."

About Perfect Commerce, Inc.

Perfect Commerce is the largest provider of On-Demand Supplier Relationship Management (SRM) solutions and provides connectivity to trading partners via The Open Supplier Network(SM) (The OSN(SM)). The company is the leading On-Demand SRM solutions provider with more than 500 clients (101 in the Fortune 500), 165,000 users and 11,000 suppliers.

Perfect Commerce provides deep supplier-facing capabilities for the complete sourcing-to-settlement process. The company enables businesses to achieve sustainable supply management by simplifying the complex challenges of spend management, sourcing, contract management, services management, procurement, and electronic invoice presentment and payment. Perfect Commerce helps its clients succeed by delivering On-Demand SRM solutions that deliver bottom-line results.

Headquartered in the metropolitan Kansas City area, with offices in Texas, California, Nevada and France, Perfect Commerce can be reached at 877-871-3788 or http://www.perfect.com.

About Eutilia N.V.

Eutilia is the leading electronic marketplace for the European utility industry and its international supply base. More than 1,000 buyers from 120 buying organizations and 6,500 sell-side companies are using Eutilia services and technology to meet online, increase their buying or selling process efficiencies and unlock cost savings. For professional buyers, Eutilia provides eSourcing solutions, helping to locate and select new suppliers, to create and publish tenders, to analyze suppliers' answers, or to negotiate through an auction. 1,000 buying events are executed every year generating a EUR1.0 Billion in deal flow. For sellers, the Eutilia Marketplace is a unique sales and marketing channel focused on increasing visibility and market share in the European utility sector. Suppliers are offered services enabling them to promote their skills and experience, to get in contact with a buying organization, to demonstrate seriousness and compliance with the sector's basic selection criteria, or to receive tender alerts. Eutilia covers the European market from their main office in Leiden in The Netherlands and with representatives in Germany and France. Eutilia can be reached at 31 0 71 5353100 or at www.eutilia.com.