Procuri Strengthens its Manufacturing Customer Base; Cooper Industries and RSI Home Products Select Procuri TotalSource to Make Best-Value Sourcing Decisions

Business Wire, Sept 14, 2005

ATLANTA -- Procuri Inc., the leader in OnDemand enterprise supplier management solutions, today announced its increased traction in the manufacturing sector with the addition of Cooper Industries and RSI Home Products to its customer base. These new customers selected Procuri TotalSource to enhance and automate their purchasing and strategic sourcing operations.

RSI Home Products, a subsidiary of RSI Holding Corporation, a leading manufacturer and distributor of cabinets for the home, is using Procuri TotalSource to create more value for the company by conducting sourcing events, such as reverse auctions and requests-for-proposal, for direct materials.

"We needed a solution that would allow us to leverage limited resources by increasing productivity and reducing costs. After deploying Procuri's TotalSource solution just five months ago, we have already realized significant benefits," said Craig Shugert, chief operating officer for RSI Home Products.

TotalSource in the Manufacturing Industry

"With over 25 manufacturing organizations in our customer base, Procuri understands the pressure for manufacturing companies to lower costs, streamline processes and increase productivity," said Mark F. Morel, Procuri's president and chief executive officer. "Procuri TotalSource helps manufacturers generate immediate savings, shorten cycle times and strengthen supplier relationships."

In order to improve performance and reduce risk in today's competitive economy, manufacturers are implementing global sourcing initiatives that improve operating efficiency. Because time-to-market is critical, manufacturers cannot afford long-implementations and training periods or complex solutions that make running sourcing events overly complicated. Select manufacturers and suppliers realizing the benefits of Procuri's TotalSource include Blyth Inc., Newell Rubbermaid, Eastman Kodak, U.S. Steel, Roll International and Scientific Atlanta.

Successful companies are implementing solutions that enable them to effectively compete in today's global marketplace. Procuri TotalSource allows sourcing professionals to plan and manage events, collaborate with suppliers, negotiate pricing and terms and optimize results to make best-value sourcing decisions in any spend category. This functionality ultimately allows manufacturers to respond to market demand more quickly and meet production demands while making the most of all available resources.

About Procuri Inc.

Procuri, the leader in OnDemand Enterprise Supplier and Contract Management solutions, empowers more than 300 customers of all sizes, industries, geographies and spend categories, including Eastman Kodak, The McGraw-Hill Companies, Newell Rubbermaid, Rio Tinto and U.S. Steel. Procuri's OnDemand solutions accelerate bottom line savings and drive top line performance throughout organizations with comprehensive yet user-friendly solutions that control costs, manage performance, ensure compliance and quickly deliver more value. For more information, call 1-877-360-1600 or visit www.procuri.com.