Perfect(R) Commerce Extends Leadership Position in On-Demand Supplier Relationship Management

KANSAS CITY, Mo., June 8 /PRNewswire/ -- Perfect Commerce, Inc., the largest provider of On-Demand Supplier Relationship Management (SRM) solutions and The Open Supplier Network(SM) (The OSN(SM)), today announced the company continues to solidify its position as the SRM market leader with the addition of 24 new customer contracts in the first quarter of 2005. The agreements include expanded services and On-Demand solutions with current customers as well as the addition of new clients. The new customers join a roster of over 500 existing clients, 101 of which are in the Fortune 500.

"Supply management organizations are increasingly adopting On-Demand delivery models to rapidly and cost-effectively fill key gaps in their procurement capabilities and solution architectures," said Tim Minahan, vice president of market research firm AberdeenGroup, whose recent benchmark study found that On-Demand solutions can be deployed 26% faster and at 50% lower cost than traditional software installation models. "Perfect Commerce delivers a suite of integrated supply management solutions that is well-positioned to capitalize on this trend."

DTE Energy , a Detroit-based diversified energy company, which recently completed a Sarbanes-Oxley (SOX) compliance project with Perfect Commerce, is now extending its commitment to the On-Demand SRM solutions provider by engaging Perfect Commerce's Supply Chain Services team to power up its strategic sourcing initiative.

"Prior to our work with Perfect Commerce, DTE's supply chain process would have caused a material deviation from SOX compliance. We contracted with Perfect to help develop a complete set of policies and procedures to successfully address these issues," said Elwood E. Dail director, supply chain, DTE Energy. "Expanding Perfect Commerce's role to support DTE Energy's strategic sourcing initiative is a logical next step in enabling us to improve our purchasing process. Perfect's full complement of services and On-Demand solutions will allow us to quickly gain additional savings in our supply chain."

"We are excited about the opportunity to serve our new clients. It is especially satisfying that current clients like DTE Energy wish to extend and increase their relationship with Perfect Commerce," said Sandy Kemper, chairman and CEO of Perfect Commerce. "We look forward to continuing to deliver significant value to all our clients as we work together to drive sustainable supply management by simplifying the procurement process with our complete suite of solutions and services."

Perfect Commerce provides deep supplier-facing capabilities for the complete sourcing-to-settlement process, enabling businesses to achieve sustainable supply management by simplifying the complex challenges of spend management, sourcing, contract management, services management, procurement and electronic invoice presentment and payment. Perfect Commerce helps its clients succeed by providing On-Demand SRM solutions that deliver bottom-line results.

About Perfect Commerce, Inc.

Perfect Commerce is the largest provider of On-Demand Supplier Relationship Management (SRM) solutions and provides connectivity to trading partners via The Open Supplier Network(SM) (The OSN(SM)). The company is the leading On-Demand SRM solutions provider with more than 500 clients (101 in the Fortune 500), 165,000 users and 11,000 suppliers.

Headquartered in the metropolitan Kansas City area; with offices in Texas, California, Nevada and France; Perfect Commerce can be reached at 877-871-3788 or http://www.perfect.com/ .

CONTACT Claudia Moore Chris Greenfield Perfect Commerce Project PR claudia.moore@perfect.com chris@projectpr.com +1-816-448-4323 +1-650-233-8283