CombineNet Opens Offices in China and Japan to Support Global Demand

Beijing and Tokyo sales and project management offices will support global sourcing activities for Fortune 1000 companies and Asian suppliers

PITTSBURGH, PA—December 12, 2006

CombineNet, the leading provider of advanced sourcing technologies, has opened full-service offices in Beijing, China, and Tokyo, Japan, to provide support for its customers' global sourcing activities and their Asian suppliers. The company now has offices across the globe, including the United States, Germany, and Belgium.

The global nature of industry today has spurred us to further expand our presence to provide local support for our clients and their suppliers in Asia," said Tony Bonidy, CombineNet President and Chief Executive Officer. "With feet on the street in Asia, certainly one of the hotspots for global sourcing activities, we are able to deliver even better service and insight for our growing customer base and their international supply chains."

Additionally, CombineNet announced today that its Advanced Sourcing Application Platform (ASAP) now provides language localization support that enables suppliers to participate in global sourcing events using their preferred language (see www.combinenet.com for more information on ASAP localization news). CombineNet ASAP helps companies identify the most efficient, innovative, and lowest-cost sourcing solutions for all of their most strategic and advanced sourcing categories.

CombineNet's Beijing, China, and Tokyo, Japan, offices are currently supporting sourcing activities for CombineNet's global as well as local clients.

About CombineNet

CombineNet, the advanced sourcing technology company, helps companies achieve the absolute best value and lowest total cost of ownership for goods and services. CombineNet's Advanced Sourcing Application Platform enables companies to engage in Expressive Commerce™, the strategic sourcing initiative that allows buyers and sellers to communicate supply and demand more expressively, collaboratively and strategically. The result is a win-win for both buyer and supplier, where greater innovation and efficiency are driven into the supply chain. CombineNet's ASAP consistently produces 10, 15, even 20 percent greater actual cost savings than other e-sourcing solutions, and has delivered more than 45x ROI for the largest businesses in the world including General Mills, PepsiCo, Procter & Gamble, Siemens and others. For more information, visit www.combinenet.com.

Media Contacts:

Greg Holt
CombineNet Inc.
Director of Marketing
Phone: 412.471.8200, ext. 177
gholt@combinenet.com