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FOR IMMEDIATE RELEASE

Press Release

CombineNet Introduces ASAP 4.3: Improves Buyer Productivity with New Template Management and Configuration Tools, Redesigned User Interface

PITTSBURGH, PA — March 15, 2010

CombineNet announced today the release of version 4.3 of its Advanced Sourcing Application Platform (ASAP), which includes a number of new features and other enhancements that increase buyer productivity and efficiency and make it easier for users to create, configure and manage advanced sourcing events.

More, more easily, more often' is the mantra of our customer-focused product strategy, and this release provides our customers with another series of tools to help their buyers leverage the power of ASAP across any spend category," said Rich Wilson, CombineNet President and COO.

The most significant new feature introduced in ASAP 4.3 is Template Management, which provides a number of tools that enable buyers to easily create and modify RFx Templates that can be reused in future sourcing events or shared with other buyers across their organization. With Template Management, buyers can create RFx Templates from existing sourcing events; reconfigure templates to modify item, supplier and bid collection fields, adjust cost models for bid analysis, configure analytics reports, and make other changes to template settings; and start new sourcing events from templates with the click of a button.

The most visible upgrade in ASAP 4.3 is a redesigned User Interface that provides user-friendly navigation for both buyers and suppliers. Additional enhancements include new capabilities for managing Q&A communications between buyers and suppliers, streamlining data management for uploading and downloading item, supplier and historical data, and providing efficiency improvements for supplier bidding activities.

For more detailed information, including release notes, a release highlight video, and sample screenshots of the new User Interface, visit http://www.combinenet.com/release_notes.

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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