Press Release

FOR IMMEDIATE RELEASE

“Paladin Associates teams with Iasta to deliver SRM best practice and sourcing expertise”

November 2008

Iasta Corporation and Paladin Associates, Inc., have signed an agreement that designates Iasta as a Paladin Solution Partner in eSourcing, Spend Analysis, and Contract Management, for clients in their Sourcing and Procurement Practice. The agreement allows Paladin Associates to supplement its strategic sourcing and cost-reduction services using Iasta’s outstanding Supplier Relationship Management (SRM) suite. Iasta’s best-of-breed technology, combined with Paladin’s proven sourcing processes and best practices can significantly improve procurement efficiency while maximizing cost-reduction. These technologies can be delivered as a service in order to reduce clients’ initial investment. ESourcing using Iasta technology can be performed on a gain-sharing basis to eliminate up-front cost and risk. If Paladindoesn’t deliver cost-savings, the client doesn’t pay!Paladin utilizes Iasta software in its cost-reduction programs, and Iasta recommends Paladin to clients who need complimentary services, category expertise, implementation support and training.“We are excited to partner with Iasta, a true leader in the SRM field”, said Barbara Ardell, a Paladin Vice President who leads their eSourcing Practice, “their focus on meeting customer needs fits well with Paladin’s approach. Working together, we can deliver quick results to help clients achieve their sourcing and cost-reduction goals.”David Bush, Iasta Founder and CEO, agreed, saying, “Iasta is pleased to recommend Paladin to our software clients who may want additional consulting support. Their significant operational and procurement expertise coupled with a results-oriented approach, enhances Iasta’s technology for many clients.”

Iasta is one of the world’s leading providers of Supplier Relationship Management (SRM) technology and services. Founded in 2000, Iasta helps organizations blend technology and best practice sourcing methodologies to optimize decisions within real-world business factors. They offer sourcing professionals around the world free access to extensive best practice content through their blog (www.eSourcingForum.com), wiki (www.eSourceWiki.com), and the eSourcing Handbook, a modern guide to spend management success. Iasta’s software, services, and resources enable companies to select the right processes and tools to improve decision making. For more information on Iasta, see www.iasta.com, or call +1-317-594-8600.

About Paladin Associates Inc.:

Paladin is a results-driven Atlanta-based management services  firm led by former GE executives with over 600 years of financial and operating experience in numerous industries, specializing in productivity and profitability improvement. In addition to expertise in Strategic Sourcing and eSourcing, Paladin offers services in Telecommunications Sourcing, Transportation Sourcing,  Energy Cost Optimization,  Financial Management, Marketing & Sales Productivity, Mergers & Acquisitions Support, IT Management, HR Productivity, Manufacturing Efficiency, and Interim C-level Management. For more complete information please visit www.PaladinAssociatesInc.com.

For more complete information, visit: www.PaladinAssociatesInc.com

Press contact:

Patrick J. Horgan, Partner
pjhorgan@PaladinAssociatesInc.com
770-395-9156 or 404-276-4506(cell)