Gildemeister and SynerTrade win the BestPractice-Award in Gold

Munich, Paris, New York - May 11^th ,2010. The BestPractice-Award is given once a year from an independent jury of experts at the e_procure & supply fair for extraordinary achievement in the field of electronic purchasing. This year the focus was on solutions for professional supplier management (SRM).

The jury picked out of a large group of participants according to the following criteria:

The jury was impressed with the extensive integration of the SynerTrade solution and its profound penetration of the supplier management process. "The solution helps to carry out complex processes on a high level and offers at the same time further flexible and strategic use," says Armin Pulic, President of the BestPractice-Award jury. The jury also stated that never before in the history of the BestPractice-Award the decision seemed so obvious and the gap to the other participants so wide.

Rainer Machek, Senior Vice President of SynerTrade is satisfied: "The Award emphasises the capacity of the SynerTrade SRM solution that is already being employed in 56 countries. The award is a motivation for us to convince further clients to use our software for a professional and best-in-class supplier management. The BestPractice-Award in gold is a very special prize we are all very proud of."

SynerTrade, Europe´s leading provider for purchasing technology and consulting, supports the whole purchasing process. More than 100 professionals, consultants and experts in technology improve the purchasing activities of 183 customers (30 "Fortune 1000" companies). With main offices in Europe, the United States and Asia SynerTrade offers a worldwide support. At the moment SynerTrade optimizes a cumulated purchasing volume of 72 billion Euro per year and supports 136000 users of the software solution.

Contact:

Christian Haase
Tel.: +49 (0)89 2166 9884
Fax: +49 (0)89 2166 9899
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