Vinimaya Posts Record Year in 2008

Company Continues to Grow Sales, Enter New Vertical Markets, Add Partners

Vinimaya, the leading provider of next generation E-Procurement Catalog and B2B Shopping Solutions, today reported that 2008 was the most successful year in the company’s seven year history. Driven by growing market acceptance of its patent-pending SmartSearch Catalog solution and innovative virtual supplier network concept, the company continues to attract the attention of organizations that have implemented an e-procurement solution and are looking for a better way to drive user and supplier adoption, and ensuring price compliance.

Among Vinimaya’s 2008 achievements were:

• Impressive Top Line Growth
  Sales grew 230% over 2007 as the company delivered nearly seven-figure operating profits

• Expanded Vertical Market Coverage
  New customer deals in financial services, consumer goods, public sector and higher education now complement existing customer references in manufacturing, high tech, health care and distribution.

• New Sales Channels
  Successful joint selling efforts with a leading systems integrator and a leading applications provider resulted in customer closes in the public sector and health care verticals.

• Serving Independent Marketplaces
  Providing software and services to multiple independent marketplace providers.

• New Products
  Official launch of B2B Transaction Services, Vinimaya’s Internet EDI offering that can either integrate with a customer’s existing ERP or e-procurement system, or operate as a standalone service together with SmartSearch Catalog.

"We thank our customers for the opportunity to serve them," said Gary Hare, president and CEO of Vinimaya. "Our focus in 2009 will be to continue to provide them with innovative, low cost, high return solutions to e-procurement’s three biggest challenges: supplier enablement, user adoption and price compliance. In addition, we will continue to expand our relationships with OEMs, systems integrators and application providers to further expand our footprint and bring those benefits to additional customers across multiple industry verticals."

SmartSearch Catalog is based on Vinimaya’s patent-pending SmartSearch AgentÔ technology platform, and allows users to search and shop directly from suppliers’ web sites, industry marketplaces, catalog aggregators and supplier networks; as well as their internal catalog database, all from a single user interface, without ever leaving their e-procurement system. SmartSearch Catalog also provides built-in compliance support, giving the buying organization the ability to manage or audit pricing, create sub-catalogs and control user views from all their the catalog sources, including punchout sites, a capability currently unique in the market. SmartSearch Catalog is compatible with all leading e-procurement systems such as Ariba Buyer, Oracle iProcurement, PeopleSoft Enterprise eProcurement and SAP SRM/EBP among others.

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About Vinimaya

Vinimaya, Inc. is a privately held software solutions company that provides innovative E-Procurement Catalog and B2B Shopping Solutions for both buyers and suppliers based on their patent-pending Vinimaya SmartSearch Agent™ technology platform. Vinimaya products are 100% compatible with systems from Ariba, SAP, Oracle and PeopleSoft among others and are used by global companies such as Alcoa, 3M, Corning, EDS, Sunoco, UPMC and Agilent Technologies. For more information, please visit www.vinimaya.com, email sales@vinimaya.com or call 888-618-8634.

"Vinimaya", "Vinimaya SmartSearch Catalog", Vinimaya SmartSearch Agents", , "VISN", Virtual Internet Supplier Network", "ViniSyndicate", "ViniSyndicate Catalog Integration System", "ViniSyndicate Supplier Integration System", "EasyOrder", "EasyPortal", "Vinimaya Supplier Solutions" and "Vinimaya Buyer Solutions" are registered trademarks of Vinimaya, Inc. All other product and company names listed may be the trademarks of their respective owners.

Contact:
Leonard Lee
Vinimaya, Inc.
612-670-3445
llee@vinimaya.com