Ketera Selected as ''The Next Big Thing'' at Enterprise 2007
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TMCNet:  Ketera Selected as ''The Next Big Thing'' at Enterprise 2007

[July 23, 2007]

Ketera Selected as ''The Next Big Thing'' at Enterprise 2007

SANTA CLARA, Calif. --(Business Wire)-- Ketera, the leading provider of On Demand Spend Management solutions, today announced that it's been selected as one of "The Next Big Thing" companies by Sand Hill Group for the prestigious invitation-only Enterprise 2007 Conference taking place July 22-24, 2007 in Pebble Beach, Calif. Additionally, Ketera CEO Burton M. Goldfield will be speaking at the conference on July 24.



For the past five years, one of the most popular sessions at the annual Enterprise Conference has been "The Next Big Thing." This elite forum consists of CEOs from fast-growth software companies presenting their corporate visions and demonstrating why their company is best positioned to propel the software industry to the next level.

"We are honored to be selected as a 'Next Big Thing' company and included among this elite group," said Burton M. Goldfield, chief executive officer, Ketera. "This recognition is a testament to what Ketera has already achieved, and the opportunity that lies ahead of us. By leveraging our heritage as an on demand provider, we will continue to focus on driving innovation in enterprise spend management and deliver customers competitive advantage throughout the source-to-pay process."



"Ketera has established a proven track record of excellence, and continues to drive technology innovation for global brands spanning a multitude of industries. The company is well-positioned to become 'The Next Big Thing' of the software industry," said M.R. Rangaswami, co-founder of The Sand Hill Group, organizers of the Enterprise 2007 conference. "Ketera is a company that offers solutions that will truly help companies answer their business challenges."

About Enterprise 2007

The Sand Hill Group's annual Enterprise Conference brings together CEOs and leaders from diverse segments of the enterprise software industry to candidly share ideas and opinions, and debate strategic issues of common interest. The conference draws 200 of the top executives and professionals in the enterprise software and technology markets.

About Ketera

Ketera is the fastest-growing provider of On Demand Spend Management solutions, providing companies with the applications and services needed to control and reduce corporate spending. Ketera's closed-loop spend management solutions include applications 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. In 2006, Ketera surpassed $5 trillion in spend analyzed and more than $1 billion in transactions between buyers and suppliers. 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.

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

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