PurchasePro Names Quantum Executive Vice Chairman and Chief

 Financial Officer  
Business Editors  
LAS VEGAS--(BUSINESS WIRE)--April 24, 2001--  
E-Commerce Leader Appoints Quantum Executive and Former  
Texas Instruments Semiconductor CFO, Richard L. Clemmer,  
as Vice Chairman and Chief Financial Officer  
PurchasePro (Nasdaq:PPRO) today announced that its board of 
directors has appointed Richard L. Clemmer, 49, as vice chairman and 
chief financial officer.   
Clemmer succeeds James Clough as CFO, who served as the company's 
interim chief financial officer since April 2000. PurchasePro had 
previously announced Clemmer's appointment to its board of directors 
on April 11, 2001.  
Clemmer most recently served as executive vice president and chief 
financial officer of Quantum Corp. (NYSE:DSS) (NYSE:HDD), the world's 
largest supplier of DLTtape(TM) automation systems and a leader in 
data protection, where he initiated and managed more than $2 billion 
in mergers, acquisitions and joint ventures.  
Prior to joining Quantum, Clemmer was senior vice president and 
chief financial officer of Texas Instruments' $8 billion Semiconductor 
Group. While at Texas Instruments, Clemmer spearheaded the company's 
joint ventures with Hewlett-Packard, Hitachi, Canon, Acer Computer, 
Kobe Steel and the Singapore government.  
Charles E. Johnson Jr., chairman and chief executive officer, 
said: "We are pleased and grateful that Rick Clemmer has joined 
PurchasePro. When we initiated our search for a chief financial 
officer, we knew it was crucial to hire a seasoned professional who is 
highly recognized in the financial community and who has significant 
mergers and acquisitions experience, as well as substantive roles in 
scaling business. Rick Clemmer exceeded our expectations. His addition 
to the PurchasePro team is a major step in establishing the premier 
management team in the e-commerce space."  
"I look forward to making a significant contribution to 
PurchasePro," said Clemmer. "I believe PurchasePro is now the leading 
business-to-business, e-commerce company in the industry. Its growth 
over the past year has been remarkable in light of the challenges of 
scaling a rapidly growing company in today's economic environment. 
There is no question that my experience will provide a substantial 
contribution to the company in achieving its dynamic objectives."  
Clemmer holds a bachelor's degree in business administration from 
Texas Tech University and a master's degree in business administration 
from Southern Methodist University in Dallas.  
Transitioning from his role as interim CFO, Clough will become 
senior executive vice president of global corporate development. In 
this position, he will head corporate development and focus on driving 
growth in EMEA (Europe, Middle East and Africa), Asia and Latin 
America.  
"Jim Clough has served well as the company's interim chief 
financial officer," said Johnson. "We expect to significantly scale 
our international efforts with him at the helm. The international 
market is currently experiencing rapid e-commerce growth, and we 
expect PurchasePro will position itself as the leading enabler 
domestically and internationally," Johnson continued.  
About PurchasePro  
PurchasePro, a leader in business-to-business e-commerce, operates 
the PurchasePro global marketplace, encompassing more than 140,000 
businesses and powering hundreds of private-label marketplaces with 
its highly scalable, browser-based e-commerce engine.  
PurchasePro's solutions enable businesses of all sizes to easily 
buy and sell products and services, and compete more effectively by 
enhancing sales opportunities, reducing procurement costs and greatly 
increasing employee productivity.   
PurchasePro offers the following e-commerce solutions: 
e-Procurement for corporate procurement, v-Distributor for online 
distributors, and e-MarketMaker for Internet market makers.  
The company provides extensive support and training programs. For 
information, call toll free at 888/830-4600 or in Las Vegas at 
702/316-7000 or visit www.purchasepro.com.  
Note to Editors: PurchasePro is a servicemark of PurchasePro.com 
Inc. All other trademarks or registered trademarks are the property of 
their respective owners. This news release includes forward-looking 
statements that are subject to the "Safe Harbor" created by Section 
27A of the Securities Act of 1933, as amended, and Section 21E of the 
Securities Exchange Act of 1934, as amended. These forward-looking 
statements (which involve the company's plans, beliefs and goals, 
refer to estimates or use similar terms) involve certain risks and 
uncertainties, including the risks and uncertainties associated with 
rapidly changing technologies such as the Internet; the risks of 
technology development; and the risks of competition that can cause 
actual results to differ materially from those in the forward-looking 
statements. These forward-looking statements represent only the views 
of certain members of management and do not necessarily represent a 
consensus of all employees and managers within the company. Moreover, 
those forward-looking statements are based on limited information 
available to the company now, which is subject to change. It should be 
clearly understood that the factors and perceptions on which these 
forward-looking statements are based are highly likely to change over 
time and that the company has no current plan to update these 
statements. Actual results may differ substantially from what the 
company says today and no one should assume at a later date that the 
forward-looking statements provided herein are still valid. They speak 
only as of today. For more information about these risks and 
uncertainties, see the SEC filings of PurchasePro Inc., including the 
section titled "Factors That May Affect Results" in its 10-K filing 
for the period ended Dec. 31, 1999, and its 10-Q for the quarter ended 
Sept. 30, 2000, which is available from the company on request and on 
the Internet at the SEC's Web site, www.sec.gov. 
 
 
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