SynerTrade consolidates its independence

With a 53% growth of its software sales in 2007, a turnover of about 7M€ in 2006 and a positive net income, SynerTrade consolidates its independence by pursuing a great investment strategy in R&D and in sales development.

Paris – July 9th, 2007 – SynerTrade, specialized in consulting and software purchasing solutions, announces a 46% increase in 2006 net income as the R&D expenses remain over 25%.

After a merger (between Trade2B and SynerDeal) which enables it to expand on a European scale and has given it a decisive development organization, SynerTrade has, thanks to its results, consolidated the independence necessary to carry out its strategy: R&D investment to anticipate the needs of a still-new market, control of its costs for a profitable growth, and continuation of a commercial conquest.

The clear vision of ePurchasing market medium-term future has led SynerTrade to develop its new ePurchasing Sofwtare ST6. Integrated and modular, this ePurchasing Software proposes a series of business modules and parameterization functions allowing its partners to insert their know-how freely.

SynerTrade's dynamism is proved by the major announcements that are: ST6 Spend Analysis V2, offering a whole set of amazing analysis functions; ST6 SCoRe (Supplier Corporate Responsibility), a durable development managing module; and ST6 eAuction V2, the online negotiation software recently chosen by PSA Peugeot Citroën.

Its success is also proved by the long list of its new customers: ALSTOM Transport, PSA Peugeot Citroën, Yves Rocher, SFR, ERAM, SCA Tissu, Coloplast, Johnson Control (JCI), Peguform, Sassol, Elder Group...

As a supplement to its software offer, SynerTrade develops its Purchasing Consulting activity by setting up, among others, costs reduction projects in fields like manufactured parts, hydraulic parts, or even office supply, packaging, express mail...

About SynerTrade – www.synertrade.com

SynerTrade is a European company specialized in consulting and purchasing software solutions. SynerTrade supports its customers' buying department in the improvement of their performance by providing them software solutions designed for them alone. SynerTrade consulting teams support the deployment of purchasing solutions and realize strategic sourcing missions on behalf of them (from analysing the portfolio to contractualizing).