Press Releases


  PERFECT COMMERCE AND PANTELLOS COMPLETE MERGER
Creates Number One On-Demand SRM Provider

Kansas City, Mo., November 22, 2004
Perfect Commerce, Inc., a leading provider of On-Demand Supplier Relationship Management solutions (SRM) and The Open Supplier NetworkSM (The OSNSM) today announced that it has completed its merger with Pantellos. The move, designed to deliver tremendous value to its clients, establishes Perfect Commerce as the largest provider of On-Demand SRM solutions.


  PERFECT COMMERCE REPORTS CONTINUED GROWTH
Adds 13 New Clients and Expands 17 Current Relationships in Q3

Kansas City, Mo., November 16, 2004
Perfect Commerce, Inc., the leading provider of On-Demand Supplier Relationship Management (SRM) solutions and The Open Supplier NetworkSM (The OSN), continues to expand its customer base and deliver world class SRM solutions to satisfied customers. During the third quarter, Perfect Commerce added 13 new clients and expanded its relationships with 17 current customers.


  PERFECT COMMERCE AND PANTELLOS MERGE
Consolidation Creates Largest On-Demand SRM Company

Kansas City, Mo., October 26, 2004
Perfect Commerce, Inc., a leading provider of On-Demand Supplier Relationship Management solutions (SRM) and The Open Supplier NetworkSM (The OSNSM), and Pantellos, a leading supply chain solutions company today announced a definitive agreement to merge, pending shareholder approval. The move brings together the largest independent supplier network in the world (The OSN) and a strong On-Demand SRM company, with a leading supply chain services enterprise to create the largest On-Demand SRM solutions provider.


  Perfect Commerce Expands Executive Management Team with Industry Veterans to Support Growth & Value Delivery

Kansas City, Mo., October 12, 2004
Perfect Commerce, Inc., a leading provider of On-Demand Supplier Relationship Management (SRM) solutions and The Open Supplier Network (The OSN), announced the expansion of the company's executive management team with the appointments of Daniel Rawlings and Sam Kaddah.


  Perfect Commerce Expands Global Presence In Q2
Adds 9 New Clients, Expands Relationship with 13 Current Clients and logs 21 Contract Renewals

Kansas City, Mo., September 13, 2004
Perfect Commerce, Inc., a leading provider of world-class On-Demand Supplier Relationship Management (SRM) solutions and The Open Supplier NetworkSM, continues to enlarge its global market presence and deliver significant value to clients. During the second quarter, Perfect Commerce won a substantial number of new accounts, while expanding their relationships with 13 existing clients.


  Perfect Commerce Enhances Spend Management Offering
Forms Strategic Alliance with Silver Oak Solutions

Kansas City, Mo., September 8, 2004
Perfect Commerce, Inc., a leading provider of world-class On-Demand Supplier Relationship Management (SRM) solutions and The Open Supplier NetworkSM (The OSNSM), and Silver Oak SolutionsTM, a leading spend management company, announced a strategic agreement in which Perfect Commerce will offer Silver Oak's spend management solutions to its clients, as part of the company's PerfectInsight suite of services. The agreement also allows Silver Oak to offer Perfect Commerce's On-Demand SRM utility to its client base.


  Perfect Commerce Awarded Top Vendor Designation by Supply & Demand Chain Executive Magazine

Kansas City, Mo., July 19, 2004
Perfect Commerce, Inc., a leading provider of world-class On-Demand Supplier Relationship Management (SRM) solutions and The Open Supplier Network (The OSN), was named by Supply & Demand Chain Executive Magazine (SDC Exec) to its Top 100 list of supply chain solution providers. The annual list, published in the magazine's June/July 2004 issue, recognizes supply chain solution providers who are leading the way in enabling supply chain transformation.


  Perfect Commerce Expands to Europe
Opens Paris Office and Adds Top Global Financial Services Company as New Client

Kansas City, Mo., July 19, 2004
Perfect Commerce, Inc., a leading provider of world-class On-Demand Supplier Relationship Management (SRM) solutions, announced today that it has opened a Paris office to support its growing focus on European customers. In addition, the company announced that BNPParibas (BNPP), the largest and most profitable financial services company in Europe, selected Perfect Commerce to help streamline BNPP's procurement process.


  PeopleSoft Enhances eProcurement Solution with Unlimited Access to Independent Supplier Network
Single-Source Solution to Simplify Supplier Enablement, Expedite Transactions, and Speed Procurement ROI

PLEASANTON, CA, July 13, 2004
PeopleSoft Inc. (Nasdaq: PSFT) today announced a major enhancement to its Supplier Relationship Management (SRM) solution by providing out-of-the-box connectivity from PeopleSoft's eProcurement solution to more than 8,000 suppliers and over 21 million SKUs of content. Building on an existing partnership with Perfect Commerce, the new Perfect Commerce OSNSM Connect for PeopleSoft, connects PeopleSoft eProcurement with the Perfect Commerce Open Supplier Network (OSN).


  Perfect Commerce Announces New Product Releases
Advances Sourcing and eProcurement Capabilities of Three Core Products

Kansas City, MO, June 21, 2004
Perfect Commerce, Inc., a leading provider of world-class Supplier Relationship Management (SRM) solutions and The Open Supplier NetworkSM (The OSNSM), today unveiled a number of powerful new product features along with product extensions that significantly enhance its suite of On-Demand SRM solutions.


  Perfect Commerce Continues Strong Growth in First Quarter
Adds 12 New Accounts, Expands/Extends Relationship with 26 Clients

Kansas City, MO, June 02, 2004
Perfect Commerce, Inc., a leading provider of world-class Supplier Relationship Management (SRM) solutions and The Open Supplier NetworkSM (The OSNSM), continues to grow its customer base and expand its relationship with existing clients.


  Perfect Commerce™ Introduces New Procurement Benchmarking Tool
Loaded with Market Intelligence to Uncover Potential Savings

Kansas City, MO, May 15, 2004
Perfect Commerce, Inc., a leading provider of world-class Supplier Relationship Management (SRM) solutions and The Open Supplier NetworkSM (The OSNSM), today launched PerfectInsightSM , a suite of services designed to provide procurement professionals with market intelligence to uncover potential savings in their procurement and purchasing practices.


  Perfect Commerce™ Adds Strength To Leadership Team
John Jung Joins Firm As Chief Operating Officer

Kansas City, Mo. April 27, 2004
Perfect Commerce, Inc., a leading provider of world-class Supplier Relationship Management (SRM) solutions, today announced that John Jung will join the company as Chief Operating Officer. Jung brings an extensive background in the strategy, structure and performance of commercial and technology operations of companies offering procurement, sourcing and settlement solutions and services.


  Perfect Commerce™ has Record 4th Quarter
Adds 12 New Clients - Expands and Extends Relationship with an Additional 49 Clients

Kansas City, Mo. February 2, 2004
Perfect Commerce, Inc., a leading provider of world-class Supplier Relationship Management (SRM) solutions, finished 2003 with a record-breaking 4th quarter. Fueled by new account growth, the Kansas City-based company added 12 new clients, expanded its relationship with 23 existing customers and renewed contracts with 26 of its current clients. In 2003 Perfect Commerce increased their client base to 120 Global 2000 clients and saw total transactions grow 359%, resulting in $3.6 billion of transaction value - a 1080% increase.


  Perfect Commerce™ Adds to Global 2000 Client Base
Syngenta Selects Perfect Commerce for NAFTA ORBITool

Kansas City, Mo. November 24, 2003
Perfect Commerce, Inc. reported today that Syngenta Crop Protection, Inc., a leader in the U.S. crop protection business, has signed a contract to access the company's Open Supplier Network™ (OSN) and engage Perfect Commerce as its supplier adoption, connectivity and content manager. Perfect Commerce will power Syngenta's NAFTA ORBITool, a key component of its Global Goods and Services Procurement Approach.


  Perfect Commerce and ITT Industries Announce 'Source-to-Pay' Agreement
Global engineering and manufacturing company selects Perfect Commerce to automate procurement systems

Kansas City, Mo. September 9, 2003
Perfect Commerce announced today it has signed an agreement with ITT Industries (NYSE: ITT), a premier supplier of advanced technology products and services in key opto-electronic, defense communications and other markets, to provide ITT with offerings from its full suite of On-Demand Supplier Relationship Management (SRM) solutions along with access to the Open Supplier Network™ (OSN™) and its 7,500 fully connected suppliers.


  Perfect Commerce Announces Unified Solutions and The Open Supplier Network™
Supplier Relationship Management (SRM) solution set links to the Open Supplier Network

Kansas City, Mo. September 2, 2003
Perfect Commerce, Inc.™, today announced the two main components of its On-Demand Supplier Relationship Management (SRM) solutions strategy. The first is a set of solutions offering complete source-to-pay functionality, through PerfectSource, PerfectProcure, and PerfectFinance. The second is a web-enabled trading network with 135,000 users and 7,500 suppliers, called the Open Supplier Network™ (OSN™).


  Perfect Commerce Reports Outstanding Second Quarter
  eScout® and Perfect Consummate Deal
 eScout® and Perfect Commerce Announce Merger Agreement


Analyst Reviews


 The Aberdeen Group
Perfect, eScout Merger Harkens Trends for Supply Management Sector

 AMR Research
eScout and Perfect Merge--Consolidation Thankfully Continues in the Sourcing and Procurement Market

 The Aberdeen Group
eScout Acquiring Commerce One's Commerce One.net

 Gartner
Customers Gain as eScout Buys Commerce One's E-Marketplace


News & Events

 Purchasing Magazine Online
Honeywell - High-tech giant pushes e-sourcing across business units

 Line 56
eScout, Perfect Commerce Merge

 Siliconvalley.Internet.com
Scouting for a More Perfect B2B Platform

 Kansas City Star
eScout to merge with California software supplier

Media Contact

If you require additional information, please contact: marketing@perfect.com