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Iasta Expands and Relocates Headquarters
Expansion and relocation a result of a strong and successful business plan

Indianapolis, April 22, 2008

Iasta, a leading innovator of eSourcing and supply management technology announced today the relocation of its Indianapolis headquarters. The move is a result of aggressive growth throughout Iasta’s eight years in business.

CFO Todd Epple, says of the relocation, “This move is a testament to the hard work and spirit of the people and culture of Iasta. Our team-based approach to eSourcing has contributed to our success as a leading supply management solution provider. The move is more evidence of our ability to succeed within a hyper competitive industry. This is definitely a very exciting time for Iasta and marks another impressive mile stone in our maturity.”

Iasta will be relocating from the existing location in Carmel Indiana to its new home at 12800 North Meridian, Suite 425, also in Carmel. The new office building is a more spacious design and allows for future growth. As part of a eight year lease, Iasta has also committed to a phase two expansion coming summer 2009 which will grow the office again, to accommodate projected future growth.

Iasta had added adjacent suites to its location on three separate occasions, since 2004. The new headquarters represents a 220% increase in square footage over its previous headquarters.

 

About Iasta

Iasta® is one of the world’s leading providers of Supplier Relationship Management (SRM) technology and services. Founded in 2000, Iasta helps organizations blend technology and best practice sourcing methodologies to make the best possible decisions in light of real-world constraints. Additionally, Iasta offers sourcing professionals around the world free access to extensive best practice content through our blog (www.eSourcingForum.com), wiki (www.eSourcingWiki.com) and the e-Sourcing Handbook, a modern guide to spend management success. Iasta’s software, services and resources enable companies to select the right processes and tools to make the right decision, every time. For more information, please visit www.iasta.com or call 317.594.8600.
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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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