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Rearden Commerce Awarded Top Vendor Designation By Supply & Demand Chain Executive Magazine

Posted on: Wednesday, 13 July 2005, 09:00 CDT

SAN MATEO, Calif., July 13 /PRNewswire/ -- Rearden Commerce, Inc., provider of the industry's first Services On-Demand(TM) commerce platform and application suite, was named a top vendor in the 2005 Supply & Demand Chain Executive 100. Rearden Commerce provides organizations with an all-in-one solution that automates the scheduling, purchasing and management of Employee Business Services (EBS). As a result, companies can better control services spend, improve employee productivity and optimize relationships with preferred suppliers. The annual award, sponsored by Supply & Demand Chain Executive Magazine, recognizes leading supply chain solution providers who are enabling supply chain transformation.

"Managing the supply and demand of services-related inventory is challenging for any company. The reason is that services -- such as booking a flight or shipping a package -- are dynamic, time-based and perishable," said Patrick Grady, founder and CEO, Rearden Commerce. "Rearden Commerce spent five years developing a better way to purchase services and manage relationships with service providers. We're honored that our breakthrough Services On-Demand(TM) solution is being recognized with this esteemed award."

The 2005 Supply & Demand Chain Executive 100 were judged based on a vendor's successful customer deployments. Submissions of customer implementations were evaluated on the pain points addressed by the initiatives (The Challenge), the technologies and services used to address those pain points (The Solution), the results of the initiatives (Return on Investment), and plans for taking the project forward (Next Steps). The executive editorial team and advisory board of the publication selected this year's recipients.

Supply & Demand Chain Executive is the executive's user manual for successful supply chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer supply and demand chain management professionals through the complicated, yet critical, world of supply and demand chain management as competitive advantage. It is available on the Web at http://www.sdcexec.com/.

ABOUT REARDEN COMMERCE, Inc.

Rearden Commerce is revolutionizing the global services economy. The company pioneered the industry's first Services On-Demand(TM) commerce platform built on a native Web Services architecture. Rearden EBS (Employee Business Services), the company's first composite application to leverage the platform, provides enterprises with a single web interface for procuring employee services such as travel, package shipping, audio and web conferencing and dining. This offering -- essentially an Internet concierge -- gives employees anytime, anywhere access to more than 80,000 hotel properties, 530 airline carriers, 50,000 restaurants, the world's top package shipment companies and the leading audio and web conferencing solutions. Using Rearden, employees can quickly complete service-oriented transactions while remaining compliant with company policies, ultimately curbing maverick spend which plagues nearly 50 percent of all services procurement in the corporate sector. Rearden Commerce is headquartered in San Mateo, CA. For more information, please visit http://www.reardencommerce.com/.

NOTE: Rearden Commerce, Services On-Demand and the Rearden Commerce logo are trademarks of Rearden Commerce, Inc. All other company and product names may be trademarks of their respective owners.

Rearden Commerce, Inc.

CONTACT: Kim Stocks of Rearden Commerce, +1-650-212-8453, orkstocks@reardencommerce.com

Web site: http://www.reardencommerce.com/

Source: PRNewswire

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