Verticalnet to Host Webcast on Risk Management Solutions in Action

  
    
  
  
    
      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 focused on “Alleviating 
      the Pain of Risk Management”. To date, 
      participants representing a broad mix of global 1000 and mid-market 
      companies across the US, Europe, and Asia have registered for the event. 
      Verticalnet’s past several on-line seminars 
      have drawn hundreds of participants and have received strong reviews 
      from attendees regarding relevance and overall event quality.
    
    
      Effective Supply Management Risk solutions have never been more crucial 
      to business success than it is today. Although cost management 
      strategies such as center-led procurement and low-cost country sourcing 
      offer compelling benefits, procurement professionals are forced to 
      overcome new challenges including increased geographical, category, and 
      supplier driven risks.
    
    
      This 60 minute online seminar hosted by Verticalnet, which will feature 
      Archstone Consultings’ real life experiences, 
      will reveal sourcing strategies that drive cost reductions within a 
      framework of managed risk. In addition Verticalnet will provide a 
      hands-on demonstration of and review best practices in supply risk 
      assessment, containment and tracking.
    
    
      Risk Management Solutions in Action Webcast
    
    
      The webcast will be moderated by Jim Wetekamp, Verticalnet's Vice 
      President of Solution Strategy, and is scheduled for Wednesday, November 
      1, 2006 from 11:00 am to Noon Eastern.
    
    
      “Verticalnet is pleased to host this online 
      seminar that blends market perspectives with actual first hand results,” 
      said Wetekamp. “Feedback from past online 
      seminars has indicated that attendees receive tremendous value from 
      hearing industry practitioners relate their supply management 
      experiences. "With typical attendance numbering in the hundreds” 
      Wetekamp concludes, “These webcasts are a 
      terrific opportunity to gather customer perspectives, benchmark with 
      peers, and leverage the knowledge of market industry leaders."
    
    
      How to Register
    
    
      To register for this complimentary Webcast scheduled for Wednesday, 
      November 1, 2006 from 11:00 am to Noon Eastern go to:
    
    
      http://www.verticalnet.com/company/news/risk_management.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® Program Manager -- 
        lowers the total cost of ownership and improves productivity through 
        sound and re-usable program and process management
      
      
        Verticalnet® Spend Manager -- a 
        fast, intelligent, and repeatable solution for identifying, 
        evaluating, and quantifying enterprise-wide sourcing opportunities 
        while measuring compliance
      
      
        Verticalnet® Negotiation Manager -- 
        accelerates and improves negotiated savings through online auctions 
        and eRFX events
      
      
        Verticalnet® 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® 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® Performance Manager -- 
        enables companies to effectively track and manage supplier 
        performance, contract compliance and identify potential areas of 
        supplier risk
      
      
        Verticalnet® 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
    
  
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 focused on
"Alleviating the Pain of Risk Management". To date, participants
representing a broad mix of global 1000 and mid-market companies
across the US, Europe, and Asia have registered for the event.
Verticalnet's past several on-line seminars have drawn hundreds of
participants and have received strong reviews from attendees regarding
relevance and overall event quality.

   Effective Supply Management Risk solutions have never been more
crucial to business success than it is today. Although cost management
strategies such as center-led procurement and low-cost country
sourcing offer compelling benefits, procurement professionals are
forced to overcome new challenges including increased geographical,
category, and supplier driven risks.

   This 60 minute online seminar hosted by Verticalnet, which will
feature Archstone Consultings' real life experiences, will reveal
sourcing strategies that drive cost reductions within a framework of
managed risk. In addition Verticalnet will provide a hands-on
demonstration of and review best practices in supply risk assessment,
containment and tracking.

   Risk Management Solutions in Action Webcast

   The webcast will be moderated by Jim Wetekamp, Verticalnet's Vice
President of Solution Strategy, and is scheduled for Wednesday,
November 1, 2006 from 11:00 am to Noon Eastern.

   "Verticalnet is pleased to host this online seminar that blends
market perspectives with actual first hand results," said Wetekamp.
"Feedback from past online seminars has indicated that attendees
receive tremendous value from hearing industry practitioners relate
their supply management experiences. "With typical attendance
numbering in the hundreds" Wetekamp concludes, "These webcasts are a
terrific opportunity to gather customer perspectives, benchmark with
peers, and leverage the knowledge of market industry leaders."

   How to Register

   To register for this complimentary Webcast scheduled for
Wednesday, November 1, 2006 from 11:00 am to Noon Eastern go to:

   http://www.verticalnet.com/company/news/risk_management.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(R) Program Manager -- lowers the total cost of
        ownership and improves productivity through sound and
        re-usable program and process management

   --  Verticalnet(R) Spend Manager -- a fast, intelligent, and
        repeatable solution for identifying, evaluating, and
        quantifying enterprise-wide sourcing opportunities while
        measuring compliance

   --  Verticalnet(R) Negotiation Manager -- accelerates and improves
        negotiated savings through online auctions and eRFX events

   --  Verticalnet(R) 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(R) 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(R) Performance Manager -- enables companies to
        effectively track and manage supplier performance, contract
        compliance and identify potential areas of supplier risk

   --  Verticalnet(R) 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