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.

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
gholt@combinenet.com