PurchasingNet President & CEO Named “Pro to Know”by

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Leading P2P Expert Wins Industry Accolade for the Third Time

Red Bank, NJ

March 24, 2008 – PurchasingNet, Inc. (www.PurchasingNet.com) today announced that company President & CEO, Tim McEneny, has been recognized by Supply & Demand Chain Executive magazine as a 2008 “Pro to Know.”

In their latest issue, Supply & Demand Chain Executive recognized professionals dedicated to building a robust and contemporary Supply Chain within their organizations as “Pros to Know.” The title of “Pro to Know” extends to executives of supply chain solution and services providers who have made significant contributions to elevate the performance and status of the supply chain.

"This year's Provider Pros to Know have shown themselves to be thought-leaders in their respective supply chain segments,” stated Andrew Reese, Editor, Supply & Demand Chain Executive. “Their efforts in developing the tools and processes necessary for supply chain transformation, and in promoting new approaches to supply chain enablement, are helping raise Supply Chain's status within the enterprise and have earned them a place on this year's Provider Pros listing," Reese concluded.

This is McEneny’s third “Pro to Know” award in four years as a Provider; he has been named for continued innovation and commitment to building best-in-class Supply Chain management software.

“It is an honor to be named to this prestigious list for the third time. Our commitment to continual P2P innovation is being recognized by industry analysts, editors, and the end-user community,” states Tim McEneny, President & CEO, PurchasingNet, Inc.

About Tim McEneny

McEneny is responsible for the overall direction and management of PurchasingNet, Inc. and is the driving force behind the creation of the company's products. He is widely acknowledged as one of the world's leading authorities on Procurement and Accounts Payable. He is credited with developing the first-ever Windows-based and Web-based Procurement system, PNet.

Prior to co-founding PurchasingNet, McEneny was a leading international management consultant to companies implementing various ERP/MRP II software packages. As a practitioner, Mr. McEneny was a Materials Manager at Singer, IBM, and Sara Lee.

McEneny is a frequent speaker at international conferences for APICS (American Production and Inventory Control Society) and the Institute for Supply Management™. Recently, he was featured in "Net Future," a New York Times Bestseller, authored by Internet expert, Chuck Martin. McEneny authored the book, "Up the Manufacturing Organization: The Modern Materials Management Guide to Survival" and contributed the eProcurement Chapter to "The Handbook of eBusiness."

McEneny is certified at the Fellow Level by APICS and earned a Bachelor of Sciences Degree in Industrial Engineering (BSIE) from Lehigh University.

About PurchasingNet, Inc.

PurchasingNet, Inc. (http://www.PurchasingNet.com) 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_3_24_2008.html