VERT Verticalnet (MM)

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