September 13, 2004

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 Network^SM, 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.

New clients include BNP Paribas, the largest and most profitable financial services company in Europe, and State Street Corporation, a world leader in financial services. Perfect Commerce also added one of the nation's largest electric utilities, a global market leader in the international express and logistics industry as well as one of the U.S.'s largest food companies to its client roster.

"The strong growth of our business is a testament to the value of the solutions that we provide to our clients," said Sandy Kemper, chairman and CEO of Perfect Commerce. "With On-Demand solutions that span the entire sourcing-to-settlement process, Perfect Commerce is ideally suited to deliver solutions that help our clients save money, gain additional efficiencies, and meet key financial objectives."

"The Perfect Commerce solution lowers transaction costs and significantly reduces the upfront effort needed to enable suppliers," said Arnaud Neven, process director, Global Procurement Group, BNP Paribas. "Having a single-source supplier enablement solution solves a key pain point for us in connectivity and catalogue management."

"Perfect Commerce solutions and services are helping companies realize hard dollar savings and significant value," noted Kemper. "Over 30 of our clients either renewed contracts or expanded their utilization of our solutions this quarter. Their continued confidence in Perfect Commerce is a validation of the fact that we listen to our clients and deliver for our target market. We will continue to focus on helping our clients meet their objectives and gain competitive advantage in their markets."

About Perfect Commerce, Inc. Perfect Commerce delivers On-Demand Supplier Relationship Management solutions and also provides connectivity to trading partners via The Open Supplier Network^SM (The OSN^SM). The company is a leading business-to-business e-commerce solutions provider with more than 150 Fortune 1000 clients, over 160,000 users and 8,000 suppliers.

Perfect Commerce provides a suite of solutions for the complete sourcing-to-settlement process. The company enables businesses to simplify the complex challenges of spend management, sourcing, contract management, procurement, electronic invoice presentment and payment. Perfect Commerce helps its clients succeed by delivering accelerated return on investment, streamlining the procurement process and enhancing buyer-supplier relationships. Using Perfect Commerce, clients have reduced costs an average of 15 percent, compressed cycle times by 75 percent, and significantly improved procurement processes and analytics.

Headquartered in the metropolitan Kansas City area; with offices in California, Nevada and France; Perfect Commerce can be reached at 877.871.3788 or http://www.perfect.com.

Perfect Commerce Media Contact
Claudia Moore, Director of Corporate Marketing
claudia.moore@perfect.com
816-448-4323

Jennifer Cadmus
Visitech PR
jennifer@visitechpr.com
303-752-3562

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