For the Third Year in a Row, Procuri Ranks High on Deloitte's Technology Fast 50 with 519% Growth

Business Wire, Oct 2, 2007

ATLANTA -- For the third year in a row, Procuri is recognized for its tremendous growth by ranking high on Deloitte's Technology Fast 50. A true testament to the adoption and long-term customer commitments to Procuri and its solutions, Procuri's ranking has been at or below number 11 all three years.

"To rank on Deloitte's Technology Fast 50, companies must have phenomenal revenue growth over five years," said Guy Budinscak, office managing partner for Deloitte's Atlanta/Birmingham practice. "Procuri has proven to be one of the fast-growth success stories in Georgia and we applaud their dedication to making their vision a reality."

Technology Fast 50 award joins the long list of others Procuri has received this year including Inc. 5000, Supply & Demand Chain Executive Top 100, Supply & Demand Chain Executive Pros to Know, Atlanta Business Chronicle 11th Annual Pacesetter Awards, and 2007 START-IT 125.

"This award, along with the others we've received this year and in years past, is ongoing evidence of our customer support and service and award-winning supply management solutions. Creating a word-class organization that is growing year-after-year is truly a team effort and one that's shared by every employee at Procuri," said Mark Morel, president and CEO, Procuri.

To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2002 and $5,000,000 in 2006, be headquartered in Georgia, and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify.

Companies from the 16 regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloitte's Technology Fast 500 program, which ranks North America's top 500 fastest growing technology, media, telecommunications and life sciences companies. For more information on Deloitte's Technology Fast 50 or Technology Fast 500 programs, visit http://www.fast500.com.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu" or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein. Deloitte & Touche USA LLP is the U.S. member firm of Deloitte Touche Tohmatsu. In the U.S., services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.

About Procuri Empower 2007

Procuri Empower 2007, the industry's leading conference for global supply management executives and thought leaders, will be held October 8-10, 2007 at the InterContinental Hotel Buckhead in Atlanta. High profile keynotes and world-class supply management practitioners will address globalization's effect on supply management and how companies can optimize supply costs, performance, and risks in the global economy. 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 executives from salesforce.com, International Association for Contract and Commercial Management (IACCM), National City Corp, Federal Signal, Toyota Financial Services and Purchasing Magazine. For more information or to attend Procuri Empower 2007, 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 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 On Demand 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.

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