Iasta Once Again Named on the Inc. 5000 List
Iasta recognized again as one of the fastest growing private companies in America

Indianapolis, IN, August 28, 2008

Inc.com has announced the selection of Iasta, a leading innovator of eSourcing software and global services announces, as a member of the 2008 Inc. 5000 list. Iasta is featured on this list for the second consecutive year, this year ranking number 1175. Iasta is also recognized as number 87 in the Top 100 Software Companies.

CEO David Bush says of the award, “This is an exciting time for Iasta. We are very proud to again be featured on this prestigious list. It truly is a tribute to our commitment to excellence and innovation. Our growth is merely a result of the procurement practitioners responding to our products and services positively.”

The 5000 companies that made the list reported aggregate revenue of $185 billion and median three-year growth of 147 percent. Most important, the 2008 Inc. 5000 companies were engines of job growth, having created more than 826,033 jobs since those companies were founded. The 2008 Inc. 5000 list measures revenue growth from 2004 through 2007. To qualify, companies must be U.S.-based and privately held, independent – not subsidiaries or divisions of other companies – as of December 31, 2007, and have had at least $200,000 in revenue in 2004, and $2 million in 2007.

Bush goes on to say, "At Iasta, we’ve always believed that by maintaining our financial and management control, we could more directly control our destiny. Contributing to the workforce and growing our company in today’s economy is a tremendous achievement and confirms our strategic path. It’s gratifying to see other companies achieving similar results with the same methodology."

About Inc.com

Inc.com, the daily resource for entrepreneurs, delivers how-to guides, advice, tools, breaking news, and rich multi-media to help business owners and CEOs start, run, and grow their businesses. Inc.com offers dynamic marketing solutions to help advertisers effectively reach Inc.com's audience of business leaders. Visit http://www.inc.com.

About Iasta

Iasta is a leading global provider of sourcing automation 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 80 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 customer's 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.

###