Asia PR News

SINGAPORE, Feb. 28 /PRNewswire-AsiaNet/ –

Throughput Tops USD$7 Billion; Supplier Network Nearly Doubles to 25,000
Companies

Quadrem, the global eMarketplace(TM), achieved its first cash-flow positive
calendar year in 2005, growing revenues 60% over 2004 numbers. This marks the
second consecutive year the company has achieved annual revenue increases at
rates above 60%.

Also in 2005, Quadrem customers processed more than 1.5 million purchase
orders, a 30% year-over-year increase. The value of XML based procurement
transactions through the Quadrem network was up 78% reaching USD$7.2 billion,
and the supplier network nearly doubled its customer base to more than
25,000 companies.

"New customers and increased commitments from current customers drive our
success — and both revenue streams are tied to our track record of value
delivery," said Charles Jackson, Quadrem CEO. "In the areas of procurement
and sourcing, we’ve proven that we mitigate the risk and complexity of supply
chain e-initiatives. We solve pain points associated with content quality and
supplier enablement to build successful global deployments. And we continue
to develop effective solutions that work globally — our new solutions for
supplier account financing, spend analysis, master data management and simple
sourcing activities will dramatically enhance our value to customers in 2006."

Quadrem is a uniquely global provider with large electronic procurement
and sourcing communities in Africa, Australia, South America and The Middle
East as well as North America, Europe and Asia.

"I’m pleased to point out that our growth trajectories are strong across
all product lines, regions and customers," said Gary Ito, Quadrem CFO. "Every
line of revenue is up, with strategic sourcing and catalogue-related solutions
leading the way. Every geographic region experienced double digit growth for
the year. Our track record continues to attract new customers, and several
plan to increase the spend they put through our transaction network to 90+%.
You can look for Quadrem to continue its track record of aggressive growth in
2006."

About Quadrem
Quadrem (http://www.quadrem.com ) provides e-business solutions that
connect buyers and suppliers to maximise supply chain efficiencies.
Established in 2000, Quadrem has locations in Australia, Brazil, Canada,
Chile, France, Mexico, The Netherlands, Peru, Singapore, South Africa, and the
United States. Quadrem’s world headquarters is Amsterdam, The Netherlands,
with a Dallas, Texas operations base.

SOURCE: Quadrem

CONTACT: Katherine Kirkpatrick, +1-972-543-8044, or
kkirkpatrick@quadrem.com , or Choon Boon Heng +65-6550-9683, both
of Quadrem/

Web site: http://www.quadrem.com /

SINGAPORE, Feb. 28 /PRNewswire-AsiaNet/ –

Throughput Tops USD$7 Billion; Supplier Network Nearly Doubles to 25,000
Companies

Quadrem, the global eMarketplace(TM), achieved its first cash-flow positive
calendar year in 2005, growing revenues 60% over 2004 numbers. This marks the
second consecutive year the company has achieved annual revenue increases at
rates above 60%.

Also in 2005, Quadrem customers processed more than 1.5 million purchase
orders, a 30% year-over-year increase. The value of XML based procurement
transactions through the Quadrem network was up 78% reaching USD$7.2 billion,
and the supplier network nearly doubled its customer base to more than
25,000 companies.

"New customers and increased commitments from current customers drive our
success — and both revenue streams are tied to our track record of value
delivery," said Charles Jackson, Quadrem CEO. "In the areas of procurement
and sourcing, we’ve proven that we mitigate the risk and complexity of supply
chain e-initiatives. We solve pain points associated with content quality and
supplier enablement to build successful global deployments. And we continue
to develop effective solutions that work globally — our new solutions for
supplier account financing, spend analysis, master data management and simple
sourcing activities will dramatically enhance our value to customers in 2006."

Quadrem is a uniquely global provider with large electronic procurement
and sourcing communities in Africa, Australia, South America and The Middle
East as well as North America, Europe and Asia.

"I’m pleased to point out that our growth trajectories are strong across
all product lines, regions and customers," said Gary Ito, Quadrem CFO. "Every
line of revenue is up, with strategic sourcing and catalogue-related solutions
leading the way. Every geographic region experienced double digit growth for
the year. Our track record continues to attract new customers, and several
plan to increase the spend they put through our transaction network to 90+%.
You can look for Quadrem to continue its track record of aggressive growth in
2006."

About Quadrem
Quadrem (http://www.quadrem.com ) provides e-business solutions that
connect buyers and suppliers to maximise supply chain efficiencies.
Established in 2000, Quadrem has locations in Australia, Brazil, Canada,
Chile, France, Mexico, The Netherlands, Peru, Singapore, South Africa, and the
United States. Quadrem’s world headquarters is Amsterdam, The Netherlands,
with a Dallas, Texas operations base.

SOURCE: Quadrem

CONTACT: Katherine Kirkpatrick, +1-972-543-8044, or
kkirkpatrick@quadrem.com , or Choon Boon Heng +65-6550-9683,
both of Quadrem/

Web site: http://www.quadrem.com /

PERTH, Western Australia, Feb. 28 /PRNewswire - AsiaNet/ –

Throughput Tops USD$7 Billion; Supplier Network Nearly Doubles to 25,000
Companies

Quadrem, the global eMarketplace(TM), achieved its first cash-flow positive
calendar year in 2005, growing revenues 60% over 2004 numbers. This marks the
second consecutive year the company has achieved annual revenue increases at
rates above 60%.

Also in 2005, Quadrem customers processed more than 1.5 million purchase
orders, a 30% year-over-year increase. The value of XML based procurement
transactions through the Quadrem network was up 78% reaching USD$7.2 billion,
and the supplier network nearly doubled its customer base to more than
25,000 companies.

"New customers and increased commitments from current customers drive our
success — and both revenue streams are tied to our track record of value
delivery," said Charles Jackson, Quadrem CEO. "In the areas of procurement and
sourcing, we’ve proven that we mitigate the risk and complexity of supply chain
e-initiatives. We solve pain points associated with content quality and
supplier enablement to build successful global deployments. And we continue to
develop effective solutions that work globally — our new solutions for
supplier account financing, spend analysis, master data management and simple
sourcing activities will dramatically enhance our value to customers in 2006."
Quadrem is a uniquely global provider with large electronic procurement and
sourcing communities in Africa, Australia, South America and The Middle East as
well as North America, Europe and Asia.

"I’m pleased to point out that our growth trajectories are strong across
all product lines, regions and customers," said Gary Ito, Quadrem CFO. "Every
line of revenue is up, with strategic sourcing and catalogue-related solutions
leading the way. Every geographic region experienced double digit growth for
the year. Our track record continues to attract new customers, and several
plan to increase the spend they put through our transaction network to 90+%.
You can look for Quadrem to continue its track record of aggressive growth in
2006."

About Quadrem
Quadrem (http://www.quadrem.com ) provides e-business solutions that
connect buyers and suppliers to maximise supply chain efficiencies. Established
in 2000, Quadrem has locations in Australia, Brazil, Canada, Chile, France,
Mexico, The Netherlands, Peru, Singapore, South Africa, and the United States.
Quadrem’s world headquarters is Amsterdam, The Netherlands, with a Dallas,
Texas operations base.

SOURCE: Quadrem

CONTACT: Katherine Kirkpatrick, +1-972-543-8044, or
kkirkpatrick@quadrem.com , or Ian Hollingworth +61-8-9366-3400,
both of Quadrem/

Web site: http://www.quadrem.com /