US Postal Service Receives Aberdeen Achievement Award for Technology Innovation for Use of CombineNet's Advanced Sourcing Technology

CombineNet congratulates long-standing customer USPS for its recognition as a Global Supply Management innovator at Aberdeen's CPO Summit

PITTSBURGH, PA—November 20, 2007

CombineNet, the leading provider of advanced sourcing and optimization technologies, announced today that the United States Postal Service, a CombineNet customer for nearly 5 years, was presented with a Global Supply Management Award at the Aberdeen CPO Summit. The US Postal Service received the Achievement Award for Technology Innovation, recognizing its innovative use of CombineNet’s advanced sourcing technology to reduce costs and increase efficiencies across its entire supply chain.

We are extremely happy for the entire supply management team at Postal Service," said Tony Bonidy, president and CEO of CombineNet. "Aberdeen's recognition of their innovative use of technology to support their aggressive supply management strategies is an honorable achievement, and we are proud to be a part of their efforts."

We are pleased to be recognized by the Aberdeen Group for our use of CombineNet's advanced sourcing technology to achieve our supply management goals," said Robert Oates, Senior Manager of SCM Solutions, US Postal Service.

Enterprises that employ advanced sourcing strategies are building stronger supplier relationships by making better, more-informed decisions and on average, are saving more money than their peers," notes Andrew Bartolini, Vice President of Global Supply Management Research at Aberdeen Group. "Aberdeen is pleased to award our 'Innovation in Technology' Award to the United States Postal Service for the visible, positive impact of technology on its performance."

Aberdeen cited the Postal Service's use of CombineNet's advanced sourcing technologies, which through Expressive Bidding® and optimized scenario analysis enabled suppliers to define: a) specific bid bundles, which created new volume discounts, b) production schedule changes, c) flexible delivery times, d) supply locations, and e) payment terms. Using the example of a sourcing event for pallets, an incremental savings of 9% was achieved by allowing the suppliers to define the market. An additional benefit was a key location no longer being supported by a single source.

Aberdeen's CPO Summit was held November 13-14, 2007, in Boston, MA.

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.

About Aberdeen's CPO Summit

Aberdeen's Global Chief Procurement Officer's Summit is the preeminent best practices and networking event for global supply management executives to accelerate strategies in procurement and supply management. Attending executives represented over $1.46 trillion in spend! The CPO Summit was the perfect forum to outline critical components of global supply management, including live research with the executives on hand.

Media Contacts:

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