December 7, 2009

eThority Partners With Unimarket For User-Obvious Procurement Reporting

eThority

Collaboration Delivers Powerful, Easy-to-Use Procurement Analysis

CHARLESTON, SC, December 7, 2009 – eThority, a provider of "user-obvious" enterprise performance and productivity solutions, and Unimarket, the global leader of collaborative eProcurement networking, announced their partnership today. Together, eThority and Unimarket will offer customers a robust eProcurement, reporting, and self-service analytics solution.

Using eThority Enterprise in conjunction with Unimarket's eProcurement solution, customers will experience the following collaborative benefits:
• Automated procure-to-pay operations
• Improved visibility for Spend Management
• Better decisions and long-term planning
• Standardize reporting across the enterprise
• Easy publishing of reports to departmental or enterprise portals
• Insight from Spend Analytics

eThority Enterprise, eThority's flagship product, is a web-based performance and productivity platform designed to make reporting and business analytics accessible to users of all technical skill levels. Enterprise architecture combined with data visualization make it possible for organizations to begin deriving value from their data immediately. Additionally, because of its low-maintenance architecture, eThority customers can quickly combine data from disparate systems, such as eProcurement and ERP systems, to gain new insights into their business practices.

Unimarket delivers cost savings for customers with Software-as-a-Service (SaaS) eProcurement. Users log in once for a simplified buying experience including access to thousands of supplier maintained catalogs and shopping carts, requisitions, approvals, orders, receiving, invoicing and expenses. All a campus user needs is an internet connection so no matter where they are, they can access their institution's buying agreements and purchase related products and services with integration to finance systems and suppliers' supply-chains.

"I see eThority as a way for our customers to easily report on contract compliance and spend by category, supplier and timeframe" said Jim Barnes, Vice President of Sales at Unimarket. Barnes is excited about the benefits this partnership brings to mutual customers and reiterated, "This initiative is exactly what our customers are looking for as a natural extension to our current offerings that now processes procurement transactions across many categories."

"It's an uphill battle for any software vendor to develop transactional business solutions while at the same time build their own complimentary reporting and analysis tools," said Vince Jajuga, eThority's Vice President of Sales. "Unimarket customers will certainly benefit for the company's decision to stay focused on their core business of developing rich eProcurement solutions while leaving the reporting and analytics to a third party like eThority."

Scott Blackwood, CEO of Unimarket, remarked on the significance of this relationship. "Collaborating with like-minded organizations to improve value to our customers is a 'no-brainer' for Unimarket." said Blackwood. "Complete visibility of spend is critical for finance and procurement officers to make the right strategic decisions, and providing an easy 'user-obvious' SaaS solution makes it that much easier for our customers to gain insight into their spending patterns."

About eThority:
Founded in 1992, eThority is provider of "user-obvious" enterprise performance and productivity software that empowers end users and offers IT an easily maintainable solution. In addition to eThority Enterprise, the company's flagship business analytics and reporting platform, eThority offers eXtensions: industry-specific modules design to fill critical gaps in existing systems. Organizations choose eThority Enterprise because it provides real time end-user interaction with data in a secure, state-of-the-art platform capable of scaling from a single department to thousands of users. eThority's solutions are in use around the globe at major research universities and leading corporations. For more information, please visit www.eThority.com.

About Unimarket:
Located in Annapolis MD, Auckland NZ and Melbourne AU, Unimarket is the global leader of collaborative eProcurement networking, providing software on demand to streamline procure-to-pay operations and achieve cost savings within and across organizations. Customers tailor user-friendly buying portals for decentralized purchasing that drives compliance to selected suppliers from the Global Supplier Network, where quote requests, supplier maintained catalogs and punch-outs are routinely accessed to locate and buy the most cost-effective goods and services – all in sync with controls within respective customer finance/ERP systems. A distinctive feature of the Unimarket solution is the ability for customers to collaborate on their common purchases, thereby increasing economies of scale and driving down unit costs. For more information, please visit www.unimarket.com.

Media Contacts:
eThority
Mikell Lewis
843-556-5565
MediaInquiries@ethority.com

Unimarket
Steven Biggs
888-868-5929
inquiries@unimarket.com

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