Industry Publication Names Verian Technologies in Annual List of Top 100 Innovative Supply & Demand Chain Vendors

Charlotte, NC - July 25, 2006 - Verian Technologies, a provider of purchasing and invoice automation solutions , has been named to the Supply & Demand Chain Executive's Top 100 list again. This annual listing showcases supply chain solution providers, consultants and other organizations that are helping lead the way in transforming companies' supply and demand chains. Since 1996, Verian Technologies has been providing its customers with an innovative, yet cost effective, solution to managing the entire purchase-to-pay cycle .

This year the magazine focused the criteria for the Top 100 on innovation. Nominees were judged on two different aspects of innovation - how the company has contributed to the advancement of supply train transformation and enablement, and how the company is contributing to the future advancement of supply chain transformation and enablement.

The 2006 Supply & Demand Chain Executive 100 are leading providers of supply chain services and technologies across a variety of industries that can demonstrate their solutions and services are at the forefront of innovation, addressing the needs of companies of varying sizes and assisting in the transformation of a diverse mix of the functions that make up the supply chain.

"We are celebrating our tenth year in business this year, so to be recognized as one of the Top 100 innovative supply and demand chain vendors is wonderful," said Tehseen Ali, CEO and president of Verian Technologies . "At the beginning our business we set out to change the way organizations handled purchasing. Ten years down the road, we are still changing the way organizations purchase but we are also helping them manage the entire purchase-to-pay cycle, including invoice automation . And in another ten years, we hope to still be considered an innovator in our field."

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For more information, contact:
Anna Rushing, PR Coordinator

1-704-602-3372 (office)

About Verian Technologies
Verian Technologies helps mid- and large-sized organizations control spending by providing easy-to-use solutions that automate procurement, invoice processing, employee reimbursements and asset management - capturing all expense data in a single database for analysis. ProcureIT, Verian's product suite, is one of the most widely adopted "procure-to-pay" systems among North American organizations. Verian was founded in 1996 and is headquartered in Charlotte, NC. The company's clients represent industries such as banking, insurance, healthcare, industrial services, construction, retail and the public sector. Clients include Boeing, Yale University, Allstate Insurance Company of Canada and GNC Corp. For more information on Verian Technologies, visit http://www.verian.com .

ProcureIT is a registered trademark of Verian Technologies, Inc.

  
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