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MARKET LEADER EMPTORIS ACQUIRED MINDFLOWBroader Offering and Comprehensive Services Provide New Value for MINDFLOW CustomersBurlington, MA – July 20, 2006 – Emptoris, Inc., a leading provider of enterprise supply and contract management software, today announced it has completed the acquisition of MINDFLOW Technologies, a leader in inbound supply chain planning and sourcing optimization. The acquisition is the latest in a series the supply management software company has made as it continues its market-leading growth and expansion. In addition, the company announced the launch of a new offering, Overdrive, to help customers drive adoption and accelerate the business impact through stronger sourcing program management. The company also reported that many MINDFLOW customers have already begun transitioning to the Emptoris platform – and that MINDFLOW customers will continue to have their solutions fully supported by Emptoris. “Our transition to the Emptoris platform is proceeding exceedingly well thanks to the high-level of executive attention and spirit of collaboration Emptoris brings to the conversion,” said Dennis Clabby, Vice President of Purchasing, Independent Purchasing Cooperative (IPC), the purchasing arm for Subway restaurants in North America and a strategic MINDFLOW customer. “The company’s market leadership and comprehensive suite of solutions give us confidence that the acquisition will continue to serve our benefit.” (In related news, Emptoris today announced that it has recorded 68% year-over-year sales growth in the first half of 2006.) Delivering Value to Customers With the acquisition, MINDFLOW customers immediately benefit from access to Emptoris’ full supply management suite of solutions, as well as its rich domain expertise. Emptoris offers the broadest solution suite with deep functionality across the entire supply and contract management process including solutions for spend analysis, sourcing, contract management, compliance, and supplier performance management. Currently, over 160 customers across 50 countries use Emptoris solutions to analyze over $8 trillion of spend, to source over $110 billion of products and services, to manage contracts covering $65 billion in spending, and to deliver approximately $14 billion in bottom line savings. Overdrive by Emptoris Drives Even Greater Adoption and Value
Market Needs Driving Consolidation In the past three years, as customer demand for Emptoris’ integrated solutions has accelerated, the company has selectively acquired strategic spend, sourcing and contract management companies. With the acquisition of MINDFLOW, Emptoris added a number of major new customers, including a leading global food and beverage manufacturer and several of the nation’s leading quick-service and casual dining restaurant chains, expanding its industry footprint and expertise in these sectors. The acquisition also further strengthened the company’s team of sourcing experts and product managers and developers. A Shared DNA as Innovators About Emptoris
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