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FOR IMMEDIATE RELEASE

Press Release

CombineNet to Champion Advanced Sourcing Technologies as Sponsor of ProcureCon 2006

CombineNet will host Best Practices Idea Xchange roundtable discussion on Strategic Sourcing Optimization with Aberdeen Group's Sudy Bharadwaj

PITTSBURGH, PA—October 03, 2006

CombineNet announced that it is a sponsor of ProcureCon 2006, the "Comprehensive Strategic Sourcing and Procurement Event," taking place on October 9–12 at the Hyatt Gainey Ranch in Scottsdale, AZ. As a sponsor, CombineNet will showcase its advanced sourcing technologies in the Solutions Zone, and lead a roundtable discussion on optimization-enabled sourcing strategies at the Best Practices Idea Xchange.

Paul Martyn, Chief Marketing Officer of CombineNet, and Sudy Bharadwaj, Vice President of Global Supply Management at the Aberdeen Group, will lead the Best Practices Idea Xchange interactive roundtable discussion, "The 20/20 on Win/Win Sourcing." The round table discussion will explore the advanced sourcing strategies that leading companies are using to achieve the best results from their sourcing efforts, and the technologies available to support those strategies.

Recent industry research shows that the use of optimization-based analytics to solve sourcing problems will grow at a rate of 153% over the next 24 months," said Paul Martyn. "We are excited to be hosting this roundtable to discuss this timely and relevant topic with ProcureCon attendees."

"The 20/20 on Win/Win Sourcing: Strategic Optimization," will be held from on October 11 from 2:00 p.m. - 2:45 p.m. More information about the roundtable discussion can be found at http://www.combinenet.com/news_events/events/.

CombineNet has played a pivotal role in helping the world's largest and most sophisticated companies optimize their supply networks through advanced sourcing technologies, leading to savings of more than $3 Billion on $22 Billion in aggregated spend. CombineNet's presence at ProcureCon 2006 will help educate supply chain professionals on best practices and technology for driving efficiency into the supply chain and creating strong supplier relationships.

ProcureCon 2006

For more information on ProcureCon 2006, visit http://www.wbresearch.com/procureconusa/index.html

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

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