CombineNet, Inc. Announces Addition of Viterra Australia to its Advanced Sourcing Customer Community

PITTSBURGH, Nov. 29, 2010 /PRNewswire/ -- CombineNet, Inc., the leading provider of advanced sourcing technologies, announced that Viterra Australia, the Asia Pacific hub of the global food ingredients company, has signed a subscription agreement to use the CombineNet ASAP product (Advanced Sourcing Application Platform).

"CombineNet is pleased to welcome Viterra Australia to our growing global customer base," said CombineNet President and COO Rich Wilson. "For sourcing teams, CombineNet ASAP's web-based, self-service offering is designed to speed and simplify the creation, launch, and management of sourcing events of any size and complexity and for any spend category."  

"Key factors in selecting CombineNet ASAP were its capabilities in supporting and optimizing sizable sourcing events with various complexities, while also enabling robust yet rapid scenario analysis," said Paul Osborne, Strategic Sourcing Manager at Viterra Australia.

CombineNet ASAP is a web-based Software as a Service advanced sourcing product used by buyers and their suppliers. It is designed to speed, simplify, and centralize the creation and management of sourcing events of any size, scale, or complexity and for any spend category.

About CombineNet

CombineNet, Inc. is the advanced sourcing technology company. CombineNet's ASAP product (Advanced Sourcing Application Platform) is an optimization-driven Software as a Service (SaaS) solution that helps customers deliver the absolute best total cost of goods and services based on their unique business needs.  CombineNet has delivered more than $6 billion in bottom-line savings for businesses worldwide including General Mills, PepsiCo, Procter & Gamble, Bayer, Sears, Johnson & Johnson, and many more across all industries and spend areas.  For more information, visit www.combinenet.com.

About Viterra

Viterra (TSX: VT) provides premium quality ingredients to leading global food manufacturers. Headquartered in Canada, the global agribusiness has extensive operations across Western Canada, the United States, Australia, and New Zealand, with Adelaide, Australia as the base for Viterra's Southeast Asian operations. Viterra's growing international presence also extends to offices in Japan, Singapore, China, Switzerland, Italy, Ukraine and Germany. Driven by an entrepreneurial spirit, the company operates in three distinct businesses: grain handling and marketing, agri-products, and value-added processing. Viterra's expertise, close relationships with producers, and superior logistical assets allow the company to consistently meet the needs of the most discerning end-use customers, helping to fulfill the nutritional needs of people around the world. www.viterra.com

SOURCE CombineNet, Inc.