Ramunia Engineers Success with Ariba

Ariba, Inc. (Nasdaq: ARBA), the leading provider of collaborative business commerce solutions, today announced that it has signed an agreement with Ramunia, one of Malaysia’s major oil and gas offshore structures fabricator and engineering services company. Under the terms of the agreement, Ramunia will leverage the Ariba^® Commerce Cloud to optimize its performance and cash flow and improve profits.

"As a company, Ramunia is focused on delivering innovation and cost-efficiency to our customers around the world. And to do this, we must ourselves be proficient and diligently manage costs,” said Nor Badli, CEO, Ramunia. "The Ariba Commerce Cloud is an effective platform through which we can drive a transparent and collaborative sourcing and procurement process that positively impacts our operations and our customers.”

Under the terms of its agreement with Ariba, Ramunia will implement a comprehensive range of solutions available in the Ariba Commerce Cloud, including: Ariba Procure-to-Pay™ to drive a best-practice sourcing and procurement process; Ariba Sourcing™ and Ariba Contract Management™ to negotiate best-value agreements and drive compliance with them; and Ariba Supplier Information and Performance Management™ to more efficiently manage trading relationships.

Ramunia will also leverage the Ariba Network and Ariba Discovery^™ to collaborate more effectively with its trading partners and find new business opportunities to expand its global presence.

"As the global economy continues to recover, Ramunia, like many companies is preparing to return to growth,” said Ravi Kumaraswami, Vice President and Managing Director, Asia Pacific, Ariba. "With the Ariba Commerce Cloud, Ramunia has access to technology, capabilities and community that will enable the company to transform its sourcing and procurement process and ultimately, extend its global presence and competitive advantage."

About Ramunia
Ramunia Holdings Berhad (Ramunia) was incorporated on 18 November 2003 and was listed on the Main Board of Bursa Malaysia in January 2005. Ramunia is principally engaged in heavy structural and engineering works, specialising in the fabrication of offshore steel structures such as jackets, substructures, platforms, topsides, modules, living quarters, process skids and inter-platform bridges.

Ramunia had successfully delivered projects awarded by many reputable international oil and gas players such as PETRONAS Carigali, ExxonMobil Exploration and Production Malaysia Inc., Sarawak Shell Sdn Bhd, Talisman Malaysia Ltd., Hyundai Heavy Engineering, Samsung Heavy Industries Co. Ltd, Newfield Peninsular Inc. and Woodside PLC to name a few. Beside offshore structures fabrication, Ramunia is also involved in other related oil and gas engineering services namely Offshore and Onshore Crane Manufacturing and Servicing, Marine Operations and Support Services, Hook-up & Commissioning, Top Side Maintenance and Engineered Packages.

Ramunia is well set to embark into securing more opportunities; particularly in the floaters market segment, that would generate consistent future revenue streams to strengthen its position as one of the premier fabrication and fully integrated oil and gas EPCIC (Engineering, Procurement, Construction, Installation & Commissioning) contractor in this region.

More information can be found in the following website: www.ramunia.com

About Ariba, Inc.
Ariba, Inc. is the leading provider of collaborative business commerce solutions. Ariba combines industry-leading technology with the world's largest web-based trading community to help companies discover, connect and collaborate with a global network of partners – all in a cloud-based environment. Using the Ariba^® Commerce Cloud, businesses of all sizes can buy, sell and manage cash more efficiently and effectively. Over 500,000 companies around the globe use the Ariba Commerce Cloud to simplify inter-enterprise commerce and enhance results. Why not join them? To get on the path to Better Commerce visit: www.ariba.com/commercecloud/

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Safe Harbor Statement under the Private Securities Litigation Reform Act 1995: Information and announcements in this release involve Ariba's expectations, beliefs, hopes, plans, intentions or strategies regarding the future and are forward-looking statements that involve risks and uncertainties. All forward-looking statements included in this release are based upon information available to Ariba as of the date of the release, and we assume no obligation to update any such forward-looking statements. These statements are not guarantees of future performance and actual results could differ materially from our current expectations. Factors that could cause or contribute to Ariba's operating and financial results to differ materially from current expectations include, but are not limited to: the impact of the credit crises on Ariba’s results of operations and financial condition; delays in development or shipment of new versions of Ariba's products and services; lack of market acceptance of Ariba's existing or future products or services; inability to continue to develop competitive new products and services on a timely basis; introduction of new products or services by major competitors; the impact of any acquisitions, including difficulties with the integration process or the realization of benefits of a transaction; the impact of our disposition, including the potential disruption of our ongoing business; the ability to attract and retain qualified employees; long and unpredictable sales cycles and the deferrals of anticipated orders; declining economic conditions, including the impact of a recession; inability to control costs; changes in the company's pricing or compensation policies; significant fluctuations in our stock price; the outcome of and costs associated with pending or potential future regulatory or legal proceedings; the impact of our acquisitions and dispositions, including the disruption or loss of customer, business partner, supplier or employee relationships; and the level of costs and expenses incurred by Ariba as a result of such transactions. Factors and risks associated with its business, including a number of the factors and risks described above, are discussed in Ariba's Form 10-Q filed with the SEC on February 2, 2011.