Verticalnet to Host Business Critical Webinar Series Focusing on Impact Sourcing

  
    
  
  
    
      Verticalnet, Inc. (Nasdaq:VERT), a leading provider of on-demand supply 
      management solutions, today announced that it will host the next in a 
      series of complimentary online seminars. This two-part webinar entitled “Impact 
      Sourcing: Accelerating Value Realization” 
      will examine how Impact Sourcing results in rapid ROI and removes the 
      most common obstacles faced when launching e-Sourcing applications.
    
    
      Verticalnet’s past several online seminars 
      have drawn hundreds of participants and have received strong reviews 
      from attendees regarding relevance and overall event quality.
    
    
      Part one of this two-part online seminar will feature Aberdeen Group's 
      Andrew Bartolini, Research Director of Global Supply Management. Mr. 
      Bartolini will provide insight into the value of finely defining 
      sourcing practices and will present key findings from his recent report 
      "The Advanced Sourcing & Negotiation Benchmark: The Art and Science of 
      the Deal".
    
    
      Verticalnet Account Director Tom Smolko will follow up with a product 
      overview and discuss Verticalnet's innovative solution, Impact 
      Sourcing, which allows companies to realize positive ROI in 
      less than 30 days.
    
    
      In part two of the Impact Sourcing: Accelerating Value Realization 
      series, Rick Odell, Global Commodity Manager of Invensys Process Systems 
      will discuss how Invensys applied Impact Sourcing principles to drive 
      cost reduction while preparing their company for sustained value 
      realization.
    
    
      Following Mr. Odell’s presentation, 
      Verticalnet will demonstrate how Impact Sourcing overcomes the 
      most common barriers to traditional sourcing implementation and user 
      adoption while accelerating savings and spend under management.
    
    
      Impact Sourcing: Accelerating Value Realization Webcast Series
    
    
      The webcast series will be moderated by Jim Wetekamp, Verticalnet's Vice 
      President of Solution Strategy. Part one will take place on Thursday, 
      March 29, 2007 from 11:00 am to Noon EDT, with part two taking place on 
      Thursday, April 5, 2007 from 11:00 am to Noon EDT.
    
    
      “Verticalnet is pleased to host this online 
      seminar series that blends market perspectives with actual customer 
      results,” said Wetekamp. “Feedback 
      from past online seminars has indicated that attendees receive 
      tremendous value from hearing peers relate their supply management 
      experiences." Wetekamp concluded, "With typical attendance numbering in 
      the hundreds, these webinars are a terrific opportunity to gather 
      customer perspectives, benchmark with peers, and leverage the knowledge 
      of market researchers such as Aberdeen Group.”
    
    
      Earlier this month, Verticalnet kicked off its 2007 webinar season by 
      hosting “Driving Sourcing Excellence” 
      which featured John Biggers, VP of Sourcing from Premier, Inc., the 2006 
      Malcolm Baldrige Award winner. Verticalnet will continue to provide 
      business critical webinars on a monthly basis throughout the year.
    
    
      How to Register
    
    
      To register for either or both of these complimentary webcasts go to: http://www.verticalnet.com/company/news/impactsourcing_avr.asp
    
    
      Interested members of the media are encouraged to attend the Webcast 
      series to gain an insight into this topic of high interest.
    
    
      The Verticalnet XE Supply Management suite is available on-demand and 
      includes:
    
    
      
        Verticalnet® XE Program Manager-- 
        lowers the total cost of ownership and improves productivity through 
        sound and re-usable program and process management
      
      
        Verticalnet® XE Spend Manager-- a 
        fast, intelligent, and repeatable solution for identifying, 
        evaluating, and quantifying enterprise-wide sourcing opportunities 
        while measuring compliance
      
      
        Verticalnet® XE Negotiation Manager-- 
        accelerates and improves negotiated savings through online auctions 
        and eRFX events
      
      
        Verticalnet® XE Procurement Manager-- 
        simplifies and improves control over the procurement process to help 
        companies realize the maximum cost savings identified through supplier 
        sourcing and negotiation
      
      
        Verticalnet® XE Contract Manager-- 
        provides real-time insights into contract obligations, exposures, 
        expirations, changes and renewals delivering greater control, reducing 
        costly oversights and minimizing supplier risk
      
      
        Verticalnet® XE Performance Manager-- 
        enables companies to effectively track and manage supplier 
        performance, contract compliance and identify potential areas of 
        supplier risk
      
      
        Verticalnet® XE Collaborative Solutions 
        -- enables companies to apply innovative negotiation techniques, 
        flexible optimization scenarios, and bid collection approaches to 
        drive the highest possible savings across large complex categories 
        including transportation, packaging, and MRO.
      
    
    
      About Verticalnet
    
    
      Verticalnet is a leading provider of supply management solutions that 
      enable companies to identify and realize sustained value across the 
      supply management lifecycle. Going beyond traditional spend management 
      and sourcing approaches, Verticalnet’s 
      solutions provide the visibility, insight and process control required 
      to maximize the sustained value realization from supply management. 
      Large enough to help customers attain supply management success 
      worldwide, yet nimble enough to provide individual attention and remain 
      focused on customer priorities, Verticalnet is helping leading Global 
      2000 companies and mid-market enterprises move their supply management 
      efforts to the next level through an optimal blend of software, 
      comprehensive services, and deep category knowledge and domain expertise.
    
    
      To learn more, please visit us at www.verticalnet.com.