Ketera Technologies Receives Network Products Guide 2009 Product Innovation Award

Ketera On Demand Spend Management Suite Selected A Winner In The SaaS and Cloud
Computing Category
SAN JOSE, Calif.--(Business Wire)--
Ketera Technologies, Inc. announced today that Network Products Guide, the
industry`s leading publication on information technologies and solutions has
named the Ketera On Demand Spend Management Suite a winner of the 2009 Product
Innovation Award. Ketera is the leading provider of On Demand Spend Management
solutions and operates the fastest growing community of buyers and suppliers
with more than 250,000 members. This annually venerated award recognizes and
honors vendors from all over the world with innovative and ground-breaking
products that are bringing essential and incremental changes and are setting the
bar higher for others in all areas of information technology.

Ketera is the first and only on demand spend management solution to give mid and
large size enterprises cost effective spend management solutions that reduce and
control corporate spending for direct and indirect goods - creating auditable
business processes that lead to corporate governance and compliance. Ketera′s on
demand spend management solution creates a "source to pay" loop to identify,
capture and sustain bottom-line savings with spend analysis, sourcing,
procurement, contract management and supplier performance. Ketera has reduced
the unnecessary cost and complexity of procurement so organizations can drive
change and enhance business value. For more information go to
http://www.ketera.com/solutions/index.html. To read more about this product
innovation, please visit
http://www.networkproductsguide.com/innovations/2009/Ketera_Technologies_Inc.html.

"Innovation is clearly an important factor for greater success and has the most
impact on staying competitive," says Rake Narang, editor-in-chief of Network
Products Guide. "Innovative products such as Ketera`s On Demand Spend Management
Solution are delivering a low risk, low cost way for companies to deploy spend
management solutions rapidly - eliminating the majority of IT costs and large up
front license fees, while streamlining the whole procurement process across the
entire organization."

"Network Products Guide`s recognition of Ketera`s On Demand Spend Management
Suite further validates our products, solutions and services," said Ketera
Chairman and CEO Steve Savignano. "In a challenging economic climate, companies
turn to cost cutting to maintain profitability. Many companies still use manual
processes and spreadsheets to manage purchasing, invoicing and contracts. Our
innovations in SaaS and the online trading community of the Ketera Network
change the economics of spend management, giving companies of all sizes access
to solutions that drive savings and deliver competitive advantage. Ongoing
innovation is key to our continued commitment to meeting customer needs and
providing high-value solutions for both buyers and suppliers."

About Network Products Guide Awards

Network Products Guide is a media sponsor of Interop and Technosium Executive
Alliance Forums engaging Chief Information Officers (CIOs) and Chief Information
Security Officers (CISOs). As industry`s leading technology research and
advisory publication, it plays a vital role in keeping decision makers and
end-users informed of the choices they can make in all areas of information
technology. You will discover a wealth of information and tools in this guide
including the best products and services, roadmaps, industry directions,
technology advancements and independent product evaluations that facilitate in
making the most pertinent technology decisions impacting business and personal
goals. The guide follows conscientious research methodologies developed and
enhanced by industry experts. To learn more, visit www.networkproductsguide.com

About Ketera

Ketera is the leading provider of On Demand Spend Management solutions. The
company's groundbreaking vision and software-as-a-service (SaaS) offerings are
changing the economics of spend management, enabling businesses to control and
reduce corporate spending as well as access the world's fastest growing
community of buyers and suppliers. Ketera provides a complete suite of
applications, services and community networks for spend analysis, sourcing,
contract management, procurement, supplier enablement & content management,
supplier performance management, and invoice management.

Since its inception, Ketera has supported enterprise customers of all sizes,
industries and geographies, including numerous Fortune 500 companies. Many of
the world`s leading enterprise companies, including ServiceMaster, American
Express, Kennametal, Con-way, and Northrop Grumman Corporation, depend on Ketera
Spend Management to deliver real, hard-dollar savings quickly. Ketera`s
investors include Kleiner Perkins Caulfield & Byers, Emergence Capital Partners,
Foundation Capital, and Integral Capital Partners.

For more information about the Ketera Spend Management suite of services and the
Ketera Network, please visit: www.ketera.com.

Ketera Technologies, Inc.
Chris Newton, 408-572-9433

Copyright Business Wire 2009