Iasta Named to the Supply & Demand Chain Executive 100
Latest accomplishment for rapidly expanding strategic sourcing service provider

Indianapolis, IN, June 23, 2004

Iasta.com, Inc., a leading provider of strategic sourcing tools and services for Global 3000 organizations, today was recognized by Supply & Demand Chain Executive Magazine for excellence in the e-Sourcing and supply chain management industry.

According to the publication, candidates for The 2004 Supply & Demand Chain Executive 100 are providers that demonstrate long term viability, have relevant industry knowledge and expertise, address specific pain points in the supply chain, demonstrate a significant return on investment, and are continuing to drive innovation in their solutions and services offerings.

Other key factors used in selecting the honored companies include market differentiation, customer base, and financial stability. This is the first time Iasta has been selected to this exclusive list and illustrates the company's growing recognition as a market leader in strategic sourcing.

David Bush, Senior Partner of Iasta, commented, "Iasta is truly honored by this accomplishment, and this award proves that we have made significant progress as a company in terms of technology solutions and market adoption rates. As the market continues to mature, Iasta will continue to strive in providing innovative strategic sourcing products which enable purchasing professionals to improve their efficiency and cost savings goals."

About Supply & Demand Chain Executive Magazine

Supply & Demand Chain Executive is a bi-monthly business magazine aimed at uniting the intelligence, news and tools necessary to steer the supply and demand chain management professional and business executive through the complicated, yet critical, world of supply and demand chain management. With hard-hitting analysis, viewpoints and unbiased case studies, Supply & Demand Chain Executive will uncover each aspect of the new supply and demand chain to keep readers on the leading edge, the frontline and the profit zone.

About Iasta

Iasta is a leading global provider of sourcing software and service solutions located in Indianapolis. As a significant and emerging provider of e-Sourcing applications and services, Iasta has amassed an impressive client list of over 55 companies, most of which are within the Global 1000. Through its unique combination of industry-leading web-based software, in-depth supply market information, and implementation of sourcing best practices for supply chain management, Iasta has helped clients source goods and services with an average cost reduction of 17%, in addition to significant reductions in sourcing cycle times. For more information about Iasta, please visit www.iasta.com or call 317.594.8600.

Iasta is a trademark of Iasta.com, Inc. All other products and brand names are trademarks or registered trademarks of their respective owners.

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