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SupplyWorks Named to Supply Chain e-Business Top 100 List

Top 100 List Recognizes SupplyWorks Among Leading-Edge Supply Chain Vendors Offering Fast Payback, Quick Implementation and Financial Stability

BEDFORD, Mass, 09/17/02 — SupplyWorks, Inc., the leader in Supplier Relationship Management (SRM) software for discrete manufacturers, today announced that it has been named to the "Supply Chain e-Business Top 100 List" by Supply Chain e-Business magazine. The list of leading-edge vendors, whose applications power productivity improvement across the supply chain, was developed with help from application users, consultants and industry analysts including Accenture, KPMG Consulting, ARC Advisory Group and Current Analysis.

"SupplyWorks is pleased to be recognized as a Top 100 company by Supply Chain e-Business magazine," said Jeff Herrmann, president and CEO of SupplyWorks. "This award validates SupplyWorks' commitment to emerge as a leader in next-generation applications that drive supply chain efficiency and improve the bottom line of our customers."

SupplyWorks is identified in the "Supply Chain e-Business Top 100" as a market-leading vendor in the "sourcing" category, which includes direct material sourcing, services procurement, contract management, spend management and supplier relationship management solutions. SupplyWorks has pioneered advanced strategic sourcing functionality, including RFQ, BOM quoting and cost analysis, to help manufacturers drive immediate improvements in cost management and accelerate new product introductions. These capabilities are featured in SupplyWorks® MAX™, the company's market-leading SRM product.

The "Supply Chain e-Business Top 100" identifies vendors who directly address the critical supply chain challenges facing business users today, and is presented as a tool to help users identify viable applications from among the hundreds of solutions available. Factors considered in the evaluation included a proven record of driving bottom-line supply chain performance; marketplace success measured by the number of implementations, revenue earned, number of transactions, etc.; usability, ease of implementation and simplicity of integration; financial viability; and innovation and functionality. For more about the "Supply Chain e-Business Top 100," please see the July/August 2002 issue of Supply Chain e-Business at www.supplychainebusiness.com.

About SupplyWorks

SupplyWorks, Inc. is the leader in direct materials supply management software that helps discrete manufacturers improve procurement execution, optimize the flow of parts and materials into their plants and lower their parts and material costs. SupplyWorks enables manufacturers to communicate and collaborate more tightly with their suppliers, increase throughput, and reduce inventories without reducing manufacturing responsiveness and flexibility. Information about SupplyWorks and its solutions is available on the Web at www.supplyworks.com or by calling 800-626-0220 x1690.

Media Contacts:

Caroline Pavis
Schwartz Communications
781-684-0770
cpavis@schwartz-pr.com


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