/C O R R E C T I O N -- CombineNet, Inc./

                  /C O R R E C T I O N -- CombineNet, Inc./

PR Newswire

PITTSBURGH, Jan. 29, 2013

In the news release, CombineNet Named to Spend Matters PRO Specialist Vendor
List, issued 29-Jan-2013 by CombineNet, Inc. over PR Newswire, we are advised
by the company that the URL in the 8th paragraph, last sentence, should link
to http://pages.combinenet.com/spend-matters-lp.html rather than opening as a
Microsoft Outlook login page as originally issued inadvertently. The complete,
corrected release follows:

  CombineNet Named to Spend Matters PRO Specialist Vendor List

    Spend Matters Lists Five Specialist Vendors that Procurement Must Talk to
    in 2013

PITTSBURGH, Jan. 29, 2013 /PRNewswire/ --CombineNet, Inc., the leading
provider of best-in-class sourcing technology solutions for global supply
chains, today announced that the procurement and supply chain market's leading
news and research firm, Spend Matters, named CombineNet as one of the "Five
Specialist Vendors You Must Talk to in 2013."

(Logo: http://photos.prnewswire.com/prnh/20120117/NE36384LOGO)

According to Jason Busch, founder and lead analyst with Spend Matters: "The
short list of solution providers was created to give procurement and finance
organizations recommendations on innovative companies from whom they may learn
something new and truly get inspired about what's possible."

CombineNet was the only sourcing solution provider on the list, cited for its
"revolutionary" approach to negotiation and supplier engagement, as
facilitated by its advanced e-sourcing solution CombineNet ASAP® and
e-sourcing best practices services. The report credits CombineNet for its
flexibility in bid collection, which CombineNet refers to as Expressive
Bidding®, as well as its support for scenario building, rapid analysis,
constraint-based award considerations, and diverse customer use cases across
direct and indirect spend categories.

As Jason Busch writes in the report: "Everyone engaged in strategic
procurement activities, from a CPO down to a category manager or analyst, will
learn something that changes how they think about sourcing from talking to
CombineNet."

The five vendors were also each analyzed in more in-depth research reports, in
which CombineNet was described as the best candidate in the competitive
e-sourcing market.

"We appreciate Spend Matters recognizing our leading technology capabilities
and the results we have delivered for our customers to help meet their
strategic sourcing goals," stated Rich Wilson, CombineNet's Chief Executive
Officer. "We continue to focus on delivering the best possible SaaS-based
e-sourcing solution that supports the hard realities of today's procurement
teams. Those challenges include spend category complexities, the need to
centralize and aggregate spends, and the desire to more strategically
collaborate with both suppliers and business stakeholders in order to ensure
greater sourcing savings, innovation, and reduced risk and savings leakage."

Both reports are available to subscribers of Spend Matters' PRO premium
content site, which publishes independent procurement and supply chain
information, insight, analysis, and opinion.

For previews of each report and links to access Spend Matters PRO, please
visit: http://pages.combinenet.com/spend-matters-lp.html

About CombineNet

CombineNet, Inc. delivers award-winning best-in-class e-sourcing software
solutions through its products CombineNet ASAP® for advanced e-sourcing,
CombineNet Spend Analysis, and CombineNet Contract Management. Using these
Software-as-a-Service (SaaS)-based sourcing products, CombineNet customers can
rapidly adopt proven solutions for increasing spend under management and
improving enterprise spend insights. Now in its twelfth year in business,
CombineNet is known for its track record in driving significant bottom-line
and productivity savings for its clientele which includes: General Mills,
Hershey's, Heinz, Procter & Gamble, Sears, Johnson & Johnson, A.P.
Moller-Maersk, Bayer, Coca-Cola, PepsiCo, Reckitt Benckiser, and many more
Global 2000 firms. www.combinenet.com

SOURCE CombineNet, Inc.

Website: http://www.combinenet.com
Contact: Jen Bannan, The Bannan Group, +1-412-580-3675,
jenbannan@thebannangroup.com
 
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