Fresenius Medical Care and SynerTrade win the BestPractice-Award in Gold

Munich, Paris, New York - May 25^th, 2011. The Best Practice-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 “Innovative solutions in purchasing and supply management”.

The jury selected from a large field of competitors by means of the following criteria:

• Innovation of solution
• Sustainability
• Benefit / Added value of the innovative solution
• Competitive advantages

Gero Wöhner, vice president of Strategic Purchasing of Fresenius Medical Care is pleased: "Thank you for today’s conferred" Best Practice " award in gold, which significates for us a special recognition of the achievements so far. But it is also a motivation to keep on working continuously on the improvement of transparency and harmonization of processes’ together with SynerTrade. The solution supports us effectively with the integration of our European production facilities and purchasing organizations. SynerTrade therefore offers good potential to become the standard solution in our head office and supporting us to gain foothold in other regions as well. We are delighted having received the award, which will give us additional tailwind for the stages to come. "

Rainer Machek, Senior Vice President of SynerTrade explains the winning solution: "In times of increased global and inorganic growth of companies, it is essential to get reliable information at the push of a button of all business processes, business units and suppliers. Because of the steady convergence of purchasing, risk and financial management, data harmonization and improving quality plays today a more important role than the technology solutions for spend analysis and purchasing controlling. SynerTrade is very proud to have implemented this approach at an European level at Fresenius Medical Care so successfully. "