Procuri Named to Inc. 500 List of Fastest Growing Private Companies in the U.S.; Only On Demand Supply Management Solution Provider to Earn Prestigious Honor

Business Wire, August 28, 2006

ATLANTA -- Procuri, the global leader in On Demand Supply Management solutions, has been named to the prestigious Inc. 500 listing of the fastest growing private companies in the United States. With three-year sales growth of 383.1 percent, Procuri is the only On Demand Supply Management provider to earn this honor.

The 2006 Inc. 500 list measures revenue growth from 2002 through 2005 for U.S.-based, privately held independent companies with at least $600,000 in net sales in the base year.

"If you want to find out which companies are going to change the world, look at the Inc. 500," said Inc. Editor Jane Berentson. "These are the most innovative, dynamic, fast-growth companies in the nation, the ones coming up with solutions to some of our most intractable ills, creating systems that let us conduct business faster and easier, and manufacturing products we soon discover we can't live without. The Inc. 500 list is Inc. magazine's tribute to American business ingenuity and ambition."

Procuri ranks No. 376 on the 25th annual list. The company's growth demonstrates the increasing awareness in almost every industry that there's significant value and cost-savings to be gained via streamlined, intelligent management of unruly spend processes.

"Procuri's continued growth is the result of great teamwork coinciding with outstanding customer successes. This honor validates the critical role that Supply Management excellence plays in our customers' overall strategy, and affirms Procuri as the pioneer and global leader in On Demand Supply Management solutions," said Mark F. Morel, Procuri's president and CEO.

Procuri's On Demand solutions help companies of all sizes accelerate supply management improvements and achieve self-sufficiency and excellence in their strategic sourcing, contract management, and supplier management operations. Designed to promote self-sufficiency and immediate savings, the company's solutions can be quickly deployed without expensive hardware and other hidden costs involved in traditional software installation. Additionally, customers enjoy unparalleled levels of support and expertise.

About Procuri Empower 2006

Rated as one of the best conferences in the industry by the attendees, Procuri Empower 2006 will feature keynote addresses by recognized executives, case study presentations from major corporations and panel discussions led by top experts in the field. The conference will provide attendees with a unique educational platform to learn about new solution developments, discuss common issues and build mutually profitable relationships. Speakers include Sun Microsystems, MeadWestvaco, Hess Corporation, Cincinnati Children's Hospital, US Steel, National City Bank, Alliant Tech Systems, KLM, McGraw-Hill and QUALCOMM. Empower 2006 will be held September 11-13 2006 at the InterContinental Atlanta. For more information or to attend Procuri Empower 2006, please visit www.procuri.com/empower or contact empower@procuri.com.

About Procuri Inc.

Procuri leads the On Demand Supply Management industry with more than 350 customers of all sizes, industries, geographies and the highest customer-retention rate. Customers like Georgia-Pacific, Sun Microsystems, U.S. Steel, Baxter Healthcare, Cadbury Schweppes and National City Corp leverage Procuri solutions to negotiate best-value supply relationships and drive continuous improvements in performance and cost. Procuri's On Demand solutions for spend analysis, supplier management, strategic sourcing, contract management and compliance are comprehensive, cost effective, fast to deploy, and always available. For more information, call 1-877-360-1600 or visit www.procuri.com.

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