Emptoris Named a 2011 Red Herring Global 100 Award Finalist

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Leading Strategic Supply Management Solutions Provider Among the World’s Most Promising Technology Companies

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this recognition reflects the deep value that Emptoris’ solutions deliver in helping our customers reach their strategic supply management goals

Emptoris, Inc. (“Emptoris”), a leading provider of strategic supply and enterprise contract management solutions, announced today it has been selected as a Finalist for Red Herring's Global 100 list of the world’s top privately-held technology companies.

“We are honored to be a finalist for Red Herring’s prestigious Global 100 Award. As our primary goal is helping Global 2000 companies maximize their financial performance and reduce commercial risk, this recognition reflects the deep value that Emptoris’ solutions deliver in helping our customers reach their strategic supply management goals,” said Patrick D. Quirk, president and CEO, Emptoris.

The Red Herring editorial team selected the companies demonstrating the most innovative technologies and business models originating from over 1000 companies from over 40 nations. These companies, representing past Red Herring Asia, Europe and North America awards, are judged on a range of qualitative and quantitative metrics, including but not limited to, technology innovation, financial performance, growth criterion, management's execution standards, potential globalization of the strategy and market share improvement.

“Technology companies are becoming the bright spot in the economic outlook based on their increasing role within macro-economic environments,” stated Alex Vieux, chairman of Red Herring. “2011 has confirmed the sector's vibrant activity and its resilience to widespread economic problems. An unprecedented number of entrepreneurs are attempting to jump ahead of the competition and aspire to make a difference. Breakthroughs obsolete each other faster than ever before. Emptoris has performed exceptionally in its field and strongly deserves to be singled out as one of the Red Herring Global Finalists. At this stage, we are left with the daunting task to select the best qualified companies for the 2011 Top 100 Global Award."

The Finalists are invited to present their winning strategies at the Red Herring Global forum in Los Angeles, December 5-7, 2011. The Top 100 winners will be announced at a special awards ceremony on December 7 at the event.

About Emptoris

Emptoris, Inc. is a world leader in strategic supply, category spend and contract management solutions that enable companies to maximize financial performance and optimize commercial risk. The company’s suite of award-winning and industry-recognized sourcing, contract management, spend analysis, supplier lifecycle management, services procurement and telecom expense management solutions are successfully used by Global 2000 companies. Emptoris is proud to partner with industry leaders such as American Express, Boeing, GlaxoSmithKline, Kraft, Motorola, Syngenta and Vodafone. For more information, visit http://www.emptoris.com.

All trademarks, brand names or product names belong to their respective holders. Use of such trademarks should not be misconstrued as an endorsement by any of the trademark owners.

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Eve Sheridan
Young & Associates
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Dan Cahill
Emptoris, Inc.
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