Procuri Recognized by Microsoft as a Leading Software-as-a-Service Company.

ATLANTA -- Procuri, the global leader in On Demand supply management solutions, today announced that it has been featured as a flagship Software-as-a-Service (SaaS) company by the Microsoft Emerging Business Team. The Emerging Business Team selected VC-backed startups that are driving the market

"There is a great deal of interest for Software-as-a-Service offerings, both from the financial community and from the business and operational users who tap these technologies as everyday applications," said Navdip Bhachech, Director, Strategic and Emerging Business Microsoft. "We are proud to work with companies like Procuri that are committed to making an impact on their customers' businesses through the use of Microsoft technologies."

Procuri's solutions for spend analysis, strategic sourcing, contract management, and supplier management are built on the Microsoft platform, helping enable customers to achieve significant business performance gains. Microsoft technologies also help increase Procuri's development teams' productivity, helping the company be incredibly responsive to customer feedback with timely updates and enhancements.

"The integrated, off-the-shelf capabilities of Microsoft .NET provide us with a significant time-to-market advantage over other development platforms," said Steve Brooke, Procuri's chief technology officer.

The inherent flexibility of the SaaS approach enables Procuri solutions to be deployed quickly -- in days, rather than weeks or months. Because Procuri solutions are delivered as shared, Web-based services, there is no need to install or maintain software or hardware, and customers benefit from better uptime and performance. Upgrades and enhancements are delivered automatically and at no additional cost. This true SaaS approach also makes it possible for companies of all sizes to fully tap the value from Procuri's offerings - whether a small business or a Fortune 100 enterprise.

"We are pleased to be long-standing industry partners with Microsoft and are honored to be part of this prestigious project. From the earliest planning phases of Procuri's first solution offering, we realized the tremendous need for these applications being offered On Demand. And, with the help of Microsoft's technologies, we have been able to expand our solution suite and provide timely updates to our customers," said Mark Morel, president and CEO of Procuri.

To read more about the Microsoft program and the Emerging Business Team, please visit http://microsoftstartupzone.com/default.aspx. For more information on the benefits of Procuri's solutions, please visit http://www.procuri.com/ondemand/default.asp.

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 360 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.

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