PurchasingNet to Attend the 11th Annual Enhancing Accounts Payable Operations Conference & Expo

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Red Bank, NJ

February 9, 2007 – PurchasingNet, Inc. (www.purchasingnet.com) today announced its participation at The Accounts Payable Network’s (TAPN) 11th Annual Enhancing Accounts Payable Operations Conference & Expo being held March 5-7th at the Lago Mar Suite Resort in Fort Lauderdale, Florida.

Conference attendees will have the opportunity to learn about how organizations train their team members and employ technology to keep pace with the ever-changing accounts payable business. Frank Davis, Managing Director, Sales & Marketing, and Andy Russo, Director of Enterprise Solutions, are the scheduled exhibitors for PurchasingNet, Inc.

“The PNet ePayables Suite is gaining significant traction in the market. It is being used by a wide variety of companies with varying ERP and Accounts Payables systems. They are experiencing up to 75% reductions in Invoice processing costs. It is streamlining both PO and Non-PO Invoices through the PNet Supplier Invoice Portal,” stated Tim McEneny, President & CEO of PurchasingNet, Inc.

For information on becoming a member of TAPN or for details regarding attending the event, please visitwww.theaccountspayablenetwork.com.

About PurchasingNet, Inc.

PurchasingNet, Inc. is a leading provider of Web-based eProcurement and ePayables software to mid- and large-sized companies. The company has over 1,400 customers in Financial Services, Retail/Consumer Products, Professional Services, Media/Publishing and a variety of other industries.

Founded in 1983, PurchasingNet has focused exclusively on the development and implementation of Procurement and Payables applications since inception. In addition to building an extensive, blue-chip client base, PurchasingNet possesses deep domain expertise in Purchasing and Payables business processes. The average length of service at PurchasingNet is 8 years per employee.

PurchasingNet’s customers include Countrywide Financial, US Bank, Navy Federal Credit Union, American Financial Group, Liz Claiborne, HBO, EarthLink, Black & Decker, Kroger, and General Mills.

For Details, Contact:

Erinn Tarpey
Marketing Manager

PurchasingNet, Inc.
732-212-1500 x 3173

http://www.purchasingnet.com/PR_TAPN.html