AirportSmart Provides Procuri's Sourcing Solutions to its Customers; Airport Marketplace Facilitates Advantages of Strategic Sourcing Solutions to its Supply Chain with Procuri

Business Wire, March 28, 2005

ATLANTA -- Procuri Inc., a leading provider of On-Demand strategic sourcing solutions, today announced that AirportSmart, the consortium initially established by Aeroports de Paris, BAA plc and Copenhagen Airport A/S, selected Procuri to empower airport operators and their suppliers with the advantages of strategic sourcing solutions.

AirportSmart unites airport organizations across the world, creating a community of buyers and suppliers to increase efficiency, competition, access to new markets and price savings throughout the airport supply chain. Procuri's solutions will enable airport procurement professionals to automate sourcing processes, gain access to new qualified suppliers, make best value decisions and maximize the benefits of trading via the Internet.

"With an average of $75 billion spent per year on its global asset base, we wanted airport organizations to reduce acquisition costs and maximize operating efficiencies with best in class sourcing solutions," said David Bricknell, chief operating officer for AirportSmart. "After conducting a thorough market evaluation, we chose Procuri because of its simplicity of use, technological maturity, price competitiveness and most importantly, global support capabilities for airport operators that join AirportSmart in the future. The combination of Procuri's sourcing technology and our airport supplier database creates an unequaled and robust supply chain management solution."

AirportSmart has enabled its customers to conduct a variety of airport specific sourcing events for categories as varied as air bridges, de-icer chemicals, baggage labels, Web hosting services and water treatment services. They have averaged savings of approximately 17 percent.

"Procuri is delighted to provide AirportSmart's customers and the airport supply chain industry with our best in class strategic sourcing solutions that will enable them to standardize processes, increase competition and reduce costs," said Mark F. Morel, chief executive officer and president for Procuri.

About Procuri Inc.

Procuri, the leader in On-Demand strategic sourcing solutions, empowers more than 300 customers of all sizes, industries, geographies and spend categories, including Eastman Kodak, ITT Industries, KLM Royal Dutch Airlines, The McGraw-Hill Companies, Rio Tinto, Procter & Gamble and U.S. Steel. Procuri's Web-based solutions address the entire sourcing process from spend analysis to supplier negotiation to contract management for enterprises sourcing from more than 90 countries. For more information, call 1-877-360-1600 or visit www.procuri.com.

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