Ariba Presents 2008 Spend Management Excellence Awards

Business Wire,  May 13, 2008  

Tags: Ariba Inc.

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Company Honors Pioneers Who Have Forged New Territory and Delivered Results During First Annual Ceremony at Ariba LIVE

LAS VEGAS -- Ten years ago, spend management was a novel concept regarded with much skepticism. Today, it is a standard practice that companies of all types and sizes are leveraging to transform their businesses. Absent the hard work and perseverance of enterprising individuals and companies, this sea change would not have happened. In honor of those who had the vision to embrace spend management and the dedication to drive it forward, Ariba, Inc. (Nasdaq:ARBA), the leading spend management solutions provider, today presented the first-annual Spend Management Excellence Awards. The awards were given during a ceremony at Ariba LIVE, the premier conference for leaders chartered with shaping and creating spending strategies being held this week at the Venetian Resort-Hotel-Casino in Las Vegas.

"When it comes to spend management, there are two clear paths. One can follow the rules and maintain the status quo, or rewrite the rules and forge new territory," said Tim Minahan, Chief Marketing Officer, Ariba. "The 2008 Spend Management Excellence Award winners are forward-looking procurement executives and suppliers who see obstacles as opportunities and embrace change as a critical driver of success. They are confident, dedicated, and trusted leaders who inspire others to push the boundaries of what is possible and consistently deliver game-changing results."

Selected by an independent panel of judges, the 2008 Spend Management Excellence Award Winners include:

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Lifetime Achievement Award
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Shelley Stewart, Jr., Tyco International
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Global Spend Management Pioneers
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Emerson Procurement Team
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Enterprise Spend Management Pioneer
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Jean-Jacques Beaussart, National City Corporation
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Growing Enterprise Spend Management Pioneers
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Diebold, Incorporated Procurement Team
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Spend Analysis Pioneer
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Jim Polak, PPG Industries, Inc.
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Change Management Pioneer
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Roy R. Anderson, MetLife, Inc
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Procure-to-Pay Pioneer
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Lisa Martin, Pfizer Inc.
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Contract Management Pioneer
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Dean Phillippi, Blue Cross Blue Shield of Florida
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Ariba Supplier Network Pioneer
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IBM
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Ariba Supplier Network Pioneer
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AT&T
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Ariba Supplier Network Pioneer
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Telepress, Inc.

Winners were chosen on the basis of their ability to drive positive and profound change through innovative spend management solutions and processes as well as the impact of their actions on both their organizations and procurement industry at large.

"Whether buyers or suppliers, the 2008 Spend Management Excellence Award Winners each demonstrated the flexibility and know-how to respond to threats and opportunities in the marketplace as quickly as they emerge and the ability to drive higher standards of efficiency and collaboration in the way they connect and conduct business with trading partners and derive maximum value from each and every dollar spent by their organizations," Minahan said. "We are pleased to recognize these individuals and the companies they represent for the contributions they have made to spend management to date and for their continued efforts to move the discipline forward."

About Ariba, Inc.

Ariba, Inc. is the leading provider of spend management solutions to help companies realize rapid and sustainable bottom line results. Successful companies around the world in every industry use Ariba Spend Management[TM] software and services. Ariba can be contacted in the U.S. at 1.650.390.1000 or at www.ariba.com.

Copyright (c) 1996 - 2008 Ariba, Inc.

Ariba, the Ariba logo, AribaLIVE and SupplyWatch are registered trademarks of Ariba, Inc. Ariba Spend Management, Ariba Spend Management. Find it. Get it. Keep it., Ariba. This is Spend Management, Ariba Solutions Delivery, Ariba Analysis, Ariba Buyer, Ariba Category Management, Ariba Category Procurement, Ariba Contract Compliance, Ariba Contracts, Ariba Contract Management, Ariba Contract Workbench, Ariba Data Enrichment, Ariba eForms, Ariba Electronic Invoice Presentment and Payment, Ariba Invoice, Ariba Sourcing, Ariba Spend Visibility, Ariba Travel and Expense, Ariba Procure-to-Pay, Ariba Workforce, Ariba Supplier Network, Ariba Supplier Connectivity, Ariba Supplier Performance Management, Ariba PunchOut, Ariba QuickSource, PO-Flip, Ariba Settlement, Ariba Spend Management Knowledge Base, Ariba Ready, Ariba Supply Lines, Ariba Supply Manager, Ariba LIVE and It's Time for Spend Management are trademarks or service marks of Ariba, Inc. All other trademarks are property of their respective owners.

Ariba Safe Harbor

Safe Harbor Statement under the Private Securities Litigation Reform Act 1995: Information and announcements in this release involve Ariba's expectations, beliefs, hopes, plans, intentions or strategies regarding the future and are forward-looking statements that involve risks and uncertainties. All forward-looking statements included in this release are based upon information available to Ariba as of the date of the release, and we assume no obligation to update any such forward-looking statements. These statements are not guarantees of future performance and actual results could differ materially from our current expectations. Factors that could cause or contribute to Ariba's operating and financial results to differ materially from current expectations include, but are not limited to: delays in development or shipment of new versions of Ariba's products and services; lack of market acceptance of Ariba's existing or future products or services; inability to continue to develop competitive new products and services on a timely basis; introduction of new products or services by major competitors; the ability to attract and retain qualified employees; difficulties in assimilating acquired companies, including Procuri which Ariba acquired on December 17, 2007; long and unpredictable sales cycles and the deferrals of anticipated orders; declining economic conditions; inability to control costs; changes in the company's pricing or compensation policies; significant fluctuations in our stock price; the outcome of and costs associated with pending or potential future regulatory or legal proceedings; the impact of our acquisitions, including the disruption or loss of customer, business partner, supplier or employee relationships; and the level of costs and expenses incurred by Ariba as a result of such transactions. Factors and risks associated with its business, including a number of the factors and risks described above, are discussed in Ariba's Form 10-Q filed with the SEC on May 7, 2008.

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