May 15, 2004

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 Network^SM (The OSN^SM), continues to grow its customer base and expand its relationship with existing clients. New clients include one of the country's largest producers of premium quality, branded and private label foods, a top provider of computer software solutions to the financial services industry, an innovative life sciences company, the world market leader in window coverings, a trade management services company for the retail products industry, an industry leader in electronic payments and risk management as well as one of the nation's largest electric utilities.

Hunter Douglas, the largest manufacturer of window coverings in the world and eFunds Corporation (NYSE: EFD), a leading provider of risk management, electronic payments, ATM and global outsourcing solutions will use Perfect Commerce's SRM solutions to power their eProcurement initiatives. In selecting Perfect Commerce, Doug Bacon, Director of Materials, Hunter Douglas Window Fashions Division stated, "We are very impressed with Perfect Commerce's breadth of experience in the eProcurement area." Tom Catchings, Senior Director of Strategic Sourcing, eFunds Corporation added, "The services and solutions Perfect Commerce provides will allow eFunds to expand savings in our supply chain in a very impactful way."

"These results point to the highly regarded value proposition of the Perfect Commerce On-Demand model. Companies can save millions of dollars in spend and dramatically improve their purchasing process with our complete suite of sourcing-to-settlement solutions," said Sandy Kemper, Chairman and CEO of Perfect Commerce.

In addition to the new accounts, Perfect Commerce has expanded its relationship with 13 existing clients and extended contracts with an additional 13 customers. According to Kemper, "Perfect Commerce clients continue to derive extremely good results from our sourcing and eProcurement applications. The ability to use The OSN to connect and transact with thousands of suppliers through a single connection provides both suppliers and buyers with a significant advantage in the marketplace."

About Perfect Commerce, Inc.
Perfect Commerce delivers world-class On-Demand SRM solutions and the Open Supplier Network, with more than 120 Global 2000 clients, 160,000 users and 8,000 suppliers. Perfect Commerce is focused on maximizing the buyer-supplier relationship and has enabled large volumes of transactions and savings for its clients. In 2003, the company's consolidated purchasing transaction volume exceeded 3.5 million with dollar volumes reaching $3.6 billion. The company's solutions have helped customers reduce costs by more than 15 percent, compress cycle time by up to 75 percent and significantly enhance the buyer-supplier relationship. Headquartered in the metropolitan Kansas City area, Perfect Commerce can be reached by phone at 877.871.3788 or via the Internet at www.perfect.com.

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