CombineNet Recognized for Growth on 2007 Pittsburgh 100 List
CombineNet named 5th fastest growing company in the Pittsburgh region by the Pittsburgh Business Times
PITTSBURGH, PA — August 24, 2007
CombineNet, the leading provider of advanced sourcing and optimization technologies, announced today that the Pittsburgh Business Times has recognized CombineNet as one of the 'Pittsburgh 100'. The Pittsburgh 100 honors the fastest-growing privately held firms in Western Pennsylvania and is awarded based on revenue growth over the previous three year-period. CombineNet is ranked 3rd in the technology category and 5th overall with a sales growth of 302%.
"It is a great honor for CombineNet to be recognized as one of Pittsburgh's 100 fastest-growing companies," said Tony Bonidy, President and CEO of CombineNet. "The hard work, dedication and entrepreneurial spirit shown by the entire CombineNet team continues to drive the success and growth of our company."
To qualify for this award, companies must have their headquarters in the Pittsburgh region. The ranking is based on revenue growth over a three-year period. For the 2007 Pittsburgh 100, the ranking was based on revenue growth between 2004 and 2006.
CombineNet, Inc. offers supply chain-driven companies proven solutions to advance the capabilities and outcomes of their strategic sourcing efforts. Powered by the award-winning, SaaS-based CombineNet ASAP® advanced e-sourcing platform, procurement teams can more easily tackle larger and complex spend categories, increase their spend under management, and optimize supplier award decisions for their business. CombineNet also offers best-of-breed SaaS products in Spend Analytics and Contract Management, as well as expert e-sourcing services to drive next-generation results for its global clientele, which includes: Procter & Gamble, A.P. Moller-Maersk, Coca-Cola, PepsiCo, Johnson & Johnson, Sears, Wendy’s QSCC, Bayer, Hershey’s, and more.
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