Emptoris Named a Finalist for the 2011 Red Herring Top 100 North America

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Leading Strategic Supply, Spend and Contract Management Solutions Provider Demonstrates Winning Combo of Tech Innovation, Management Strength and A-List Customers

Emptoris
We are 100% focused on helping...Global 1000 customers navigate and manage the complexities of global growth, maximize financial performance and manage commercial risk by providing innovative, impactful spend, supply and contract management solutions.

Emptoris, Inc. (“Emptoris”), a leading provider of strategic supply, category spend and enterprise contract management solutions, announced today it has been selected as a Finalist for Red Herring's Top 100 North America award, a prestigious list honoring the year’s most promising private technology ventures from the North American business region.

“Emptoris’ success is built upon the success of our customers. We are one-hundred percent focused on helping those Global 1000 customers navigate and manage the complexities of global growth, maximize financial performance and manage commercial risk by providing innovative, impactful spend, supply and contract management solutions. That focus has propelled Emptoris to a leadership position in its market,” said Patrick D. Quirk, president and CEO, Emptoris.

The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across North America. The nominees are evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their respective industries.

This unique assessment of potential is complemented by a review of the actual track record and standing of a company, which allows Red Herring to see past the “buzz” and make the list a valuable instrument for discovering and advocating the greatest business opportunities in the industry.

"This year was very rewarding," said Alex Vieux, publisher and CEO of Red Herring. "The global economic situation has abated and there are many great companies producing really innovative and amazing products. We had a very difficult time narrowing the pool and selecting the finalists. Emptoris shows great promise and therefore deserves to be among the Finalists. Now we’re faced with the difficult task of selecting the Top 100 winners of Red Herring North America. We know that the 2011 crop will grow into some amazing companies that are sure to make an impact."

Finalists for the 2011 edition of the Red Herring 100 North America award are selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. During the several months leading up to the announcement, hundreds of companies in the telecommunications, security, Web 2.0, software, hardware, biotech, mobile and other industries completed their submissions to qualify for the award.

The Finalists are invited to present their winning strategies at the Red Herring North America Forum in Hollywood, California, June 13-15, 2011. The Top 100 winners will be announced at a special awards ceremony the evening of June 15 at the event.

About Emptoris
Emptoris, Inc., is a world leader in strategic supply, spend and enterprise contract management solutions that empower enterprises to realize best value and accelerate profitable growth. Emptoris solutions are used by successful Global 1000 companies in every industry and customers include American Express, Boeing, GlaxoSmithKline, Kraft, Motorola, Syngenta and Vodafone. For further information, visit http://www.emptoris.com.

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Dan Cahill
Emptoris, Inc.
(321) 939-0033
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Eve Sheridan
Young & Associates
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