[February 14, 2012]

Coupa Software Wins Cloud Computing Excellence Award

Coupa Software, the leading provider of innovative cloud spend optimization software, today announced that TMC, a global integrated media company, has named Coupa's Cloud Spend Management Solution a winner of the 2011 Cloud Computing Excellence Award presented by Cloud Computing Magazine.

"At Coupa, we leverage the power of the cloud to deliver a simplified, easy-to-use software that provides our customers unparalleled time to value," said Rob Bernshteyn, CEO of Coupa Software (News - Alert). "Being recognized for our innovative solution reflects our goal of giving our customers a best-in-class solution to help optimize spend and improve profitability."

Coupa provides spend optimization capabilities in a single cloud solution that is more cost-effective and faster to deploy than other solutions today.

"Coupa has been recognized for their achievement in bringing innovation and excellence in the market while leveraging the latest technology trends to create an enriched user experience," said Erik Linask (News - Alert), Group Editorial Director, TMC.

"Recognizing leaders in the advancement of cloud communications, TMC is proud to announce Coupa as a recipient of the first Cloud Computing Excellence Award," said Rich Tehrani (News - Alert), CEO, TMC. "Coupa's Cloud Spend Management Solution has demonstrated innovation as well as the ability to improve the cloud."

The Cloud Computing Excellence Awards recognize the companies that have most effectively leveraged cloud computing in their efforts to bring new, differentiated offerings to market.

Winners of the Cloud Computing Excellence Award are published in the January 2012 issue of < rel="nofollow" href="http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fcloud-computing.tmcnet.com%2F&esheet=50167493&lan=en-US&anchor=Cloud+Computing+Magazine&index=4&md5=3119265d5a3bdb733d609acc4bf7d7eb">Cloud Computing Magazine.

About Coupa Software

Founded in 2006, Coupa Software is the leader in cloud-based spend optimization software. More than 200 customers in 40 countries use Coupa purchasing and procurement software to amplify their spend power and reduce spending costs up to 11 percent. Only Coupa provides a true cloud procurement application that enables customers to launch the solution rapidly and quickly realize significant savings. Learn more at: http://www.coupa.com or call 650.931.3200. Read more at our company blog, the Coupa Cabana, or follow @Coupa on Twitter (News - Alert).

About TMC

TMC, celebrating their 40^th Anniversary in 2012, is a global, integrated media company that helps clients build communities in print, in person, and online. TMC (News - Alert) publishes the Customer Interaction Solutions, INTERNET TELEPHONY, Next Gen Mobility and Cloud Computing (formerly InfoTECH Spotlight) magazines. TMCnet.com, which is read by two million unique visitors each month, is the leading source of news and articles for the communications and technology industries. TMC is the producer of ITEXPO, the world's leading B2B communications event. In addition, TMC runs multiple industry events: 4G Wireless Evolution; M2M Evolution; Cloud Communications Expo; SIP Tutorial 2.0:Bringing SIP to the Web; Business Video Expo; Regulatory 2.0 Workshop; DevCon5; HTML5 Summit; CVx; AstriCon; StartupCamp; MSPAlliance; MSPWorld and more. Visit TMC Events for a complete listing and further information. For more information about TMC, visit www.tmcnet.com.

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