Business Services Industry

Domino's CFO Joins Procuri Board of Directors; L. David Mounts Brings Deep Financial Experience and Expertise in Global Expansion to Position Company for Continued Growth and Market Leadership

Business Wire, March 6, 2006

ATLANTA -- Procuri Inc., the leader in OnDemand supply management, today announced the appointment of L. David Mounts, CFO of Domino's Pizza (NYSE: DPZ), to its board of directors. With deep experience building and leading the financial operations and global expansion of F500 organizations, Mounts' presence on the board supports Procuri's current rapid growth and continued market expansion.

"The addition of David's experience and voice to our board will fuel our long-term growth strategy while capitalizing on today's urgent market need to deliver world-class supply management solutions OnDemand," said Mark Morel, Procuri president and chief executive officer.

Mounts has a proven record of building strong financial footing for businesses where value-added supply and distribution networks deliver competitive advantage. Today, he plays an influential role in maintaining Domino's leadership in the pizza delivery market, with more than 8,000 locations in over 50 countries. Prior to joining Domino's, Mounts served in several roles with UPS (NYSE: UPS), most recently as corporate controller of its U.S. operations where he was responsible for finance and accounting activities for the $26 billion division. Previously, he was CFO for UPS Supply Chain Solutions Group, a $7 billion supply chain organization providing services in 120 countries.

"Procuri is at a pivotal point in its growth curve, building on tremendous year-over-year revenue expansion, strong market validation for its innovative delivery model and an outstanding management team," said Mounts, Domino's executive vice president of Finance and chief financial officer. "I am excited to support and help accelerate Procuri's market leadership."

Procuri's ability to help companies control their supply management processes has attracted hundreds of blue-chip customers worldwide, in industries ranging from manufacturing to financial services to healthcare to retail. Because its solutions are available OnDemand, these leaders gain immediate visibility into optimal supplier selection, vendor performance, contract management, spend analysis and compliance - without lengthy implementations or major up-front investment.

Mounts holds an MBA from The Wharton School of Business at The University of Pennsylvania and a BSBA Dual Major in Finance and Management Information Systems from the University of Nevada, Las Vegas.

About Procuri Inc.

Procuri leads the OnDemand Supply Management industry with more than 300 customers of all sizes, industries, geographies and spend categories. Customers include Eastman Kodak, ITT Industries, KLM Royal Dutch Airlines, The McGraw-Hill Companies, Newell Rubbermaid, Sun Microsystems and Toyota Motor Sales. Procuri's OnDemand solutions for spend analysis, supplier management, strategic sourcing, contract management and compliance are comprehensive, cost effective and instantly available. For more information, call 1-877-360-1600 or visit www.procuri.com.

All copyright, registration and trademarks for Procuri, Inc., Procuri, Procuri TotalSource, Procuri TotalSupplier, TotalContracts and Procuri TotalAnalytics. Other company and product names may be trademarks of their respective owners.

COPYRIGHT 2006 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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