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ENTERPRISE SOFTWARE COMPANIES EMPTORIS AND DICARTA MERGE, ANNOUNCE NEW INTEGRATED SUPPLY AND CONTRACT MANAGEMENT SOLUTION

New software provides global customers with greater controls on corporate spending and new contract compliance offering


Burlington, MA and San Carlos, CA — (April 10, 2006) — Emptoris, an Enterprise Supply Management solutions provider for Global 2000 companies and diCarta, Inc., a leading provider of Enterprise Contract Management software, today announced the completion of their merger in the first quarter. This follows a two and a half year partnership. Teams from the two companies had been working closely together for the past nine months. The combined company, Emptoris, delivers enhanced solutions to large companies that accelerate profitable growth through comprehensive supply management and enterprise-wide contract management.

The two software companies hailed by independent research firms for being number one for their current offerings have experienced strong customer and revenue growth. In 2005, customers used the companies’ software to analyze over $3 trillion of spend, to source over $110 billion of products and services, to manage contracts totaling over $65 billion, and to deliver approximately $14 billion in bottom line savings.

“Emptoris and diCarta are both high growth companies and recognized market leaders that enable excellence in procurement and contract management, and focus on solving difficult strategic business problems that positively impact profitability,” said Avner Schneur, who remains the Emptoris president and chief executive officer.

The combined company will have 360 employees and will continue operations under the Emptoris name at its headquarters in Burlington, Massachusetts, and diCarta’s San Carlos, California, offices.

Significant Scale
Emptoris now has more than 150 enterprise customers including leaders such as ConocoPhillips, GlaxoSmithKline, Kraft, Motorola, and United Healthcare. Emptoris has a strong global presence across Europe and Asia Pacific, with the product deployed and supported in over 51 countries and in 16 languages.

Since 2001, Emptoris has delivered unique technologies that consistently capitalize on industry changes to support the growth of its customers. Its customer-friendly implementation approach supports both enterprise software and ‘software as a service’ (SaaS) deployment options. Meeting the high demand for procurement outsourcing, Emptoris is the platform of choice for the largest procurement business process outsourcing (BPO) vendors in the world. It also has partnerships with the two largest systems integrators.

New Compliance Solution
With the new compliance solution, customers can manage and monitor financial, contract and procurement controls, ensuring the regulatory and operational health of their business. Highly flexible, this solution includes spend-to-contract compliance, procure-to-pay control monitoring and Sarbanes Oxley (Sox) 404 compliance reporting.

“Contracts are at the root of strategic relationships – and visibility and control over contracts is essential to a healthy compliance program. Emptoris now delivers more value to customers by integrating the strategic contract relationships with the day-to-day operations of the enterprise, ensuring that what is agreed to in the contract is what is executed in the transaction,” said Schneur.

New Integrated Product
Emptoris also announced Emptoris 6, a fully integrated solution for spend analysis, sourcing, contract management, compliance and supplier performance management. This release follows months of joint development between Emptoris and diCarta and delivers comprehensive support for supply management and contract management processes. The release also includes a user portal that allows customers to access all solutions seamlessly.

“Enterprises are being driven to implement broad integrated solutions that improve profitable growth, control costs and ensure compliance,” said Ammiel Kamon, senior vice president of marketing at diCarta, who will assume the position of SVP of Marketing and Product Management with Emptoris. “The market demanded the integration of our solutions, so we focused our efforts over the last six months on integrating Emptoris’ solutions with diCarta’s solution.”

SAP Solution Integration
Leveraging existing “Powered by SAP NetWeaver” certification attained for certain modules in prior releases, Emptoris provides these market-leading offerings on SAP’s NetWeaver Application Server (SAP NetWeaver AS) with integration to the SAP NetWeaver Portal. Customers can quickly and easily deploy these offerings in their SAP NetWeaver environment. Emptoris will continue to certify additional modules over the next six months.

Industry Recognition
Independent analyst firms have recognized both Emptoris and diCarta as leaders in their respective markets. Most recently, in The Forrester Wave™: eSourcing Suites, Q4 2005 (Forrester Research, Inc. November 2005) Forrester states, “Measured purely on strength of functions, Emptoris is the top eSourcing suite vendor.” Similarly, in The Forrester Wave™: Contract Life-Cycle Management, Q1 2006 (Forrester Research Inc. March 2006), Forrester rated diCarta #1 for its current offering.

Emptoris also announced its ValueNowSM Program that provides significant incentives for companies seeking to switch to Emptoris 6. For more details on the ValueNowSM Program, please call 781-993-9212 or email info@emptoris.com.

About Emptoris
Emptoris is the world leader in innovative supply and contract management software solutions that empower enterprises to realize best value and accelerate profitable growth. Emptoris solutions are used by successful Global 2000 companies in every industry. Customers include American Express, Bank of America, Boeing, Dow Corning, GlaxoSmithKline, Motorola, Owens Corning, Samsung America, and Toro.

 

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