Quadrem YTD Revenues Up 23%; Annual Throughput to Exceed $16 Billion



    DALLAS and TORONTO, Nov. 12 /CNW/ -- Quadrem International 2007 revenues
are up 23% year-over-year at the close of the third quarter. More than 5.5
million electronic business documents have flowed through the procurement
platform so far in calendar year 2007, supporting 2.0 million purchase orders
(POs) worth USD $12.4 billion in goods and services.
    The company is on track to process more than 2.5 million POs worth more
than USD $16 billion by year-end. Quadrem's procurement network connects more
than 1,100 buyer locations worldwide and over 55,000 suppliers, with strong
representation in the MRO, complex services and general indirect categories.

    Charles Jackson, Quadrem's CEO commented:

    "Global demand for Quadrem's procurement and sourcing services continues
to increase significantly in terms of both volume and revenue. Buyers and
suppliers throughout the world are meeting schedule, budget, productivity, and
other strategic goals through the use of our procurement and supply chain
systems, and their positive experience is reflected in our consistent
quarterly growth."

    Gary Ito, Quadrem's CFO also added:

    "Our net income positive trend continued for a third consecutive quarter,
and we remain on track for a full year of positive net income. Quadrem
continues to be a well balanced supply chain solutions business, and we expect
all regions to contribute and deliver positive revenue growth in the coming
year."
    The Company was featured in a Wall Street Journal Asia article, "Digital
deliverance -- Asia's technology conundrum." Quadrem and its members are
global leaders in bringing small and mid-size suppliers into electronic
commerce, even though large numbers of the vendors in developing countries are
new to using computers and the Internet.

    About Quadrem

    Quadrem (http://www.quadrem.com) provides procurement and sourcing
solutions that connect buyers and suppliers to maximise supply chain
efficiencies. Quadrem's global transaction platform, vibrant international
trading community and high-quality MRO data management services enable
customers to implement the most effective e-business initiatives for buyers
and suppliers. Established in 2000, Quadrem has locations in Australia,
Brazil, Canada, Chile, France, Korea, Mexico, The Netherlands, Peru, Saudi
Arabia, Singapore, South Africa, the United Arab Emirates and the United
States.




For further information:

For further information: Katherine Kirkpatrick of Quadrem,
+1-972-543-8044, kkirkpatrick@quadrem.com; Web Site: http://www.quadrem.com

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