As the economy slowly moves toward recovery, companies are rethinking the way they operate. They’re realizing that to survive and thrive in the new state of normal requires solutions and processes that are fundamentally different than those they are using today. To help them understand the new requirements for success, Ariba, Inc. (NASDAQ:ARBA), the leading spend management solutions provider, will host a summit at which leading executives and industry analysts will discuss the state of the economy and the tools they are using to achieve their short-term goals and position their organizations for long-term growth. The event will be held on Thursday, February 25 at the House of Blues Sunset Strip in Los Angeles.

“The recession has forever changed the way that a business does business,” said Tim Minahan, Chief Marketing Officer, Ariba. “Despite the widespread adoption of business applications such as ERP and CRM, major inefficiencies among trading partners still exist that hinder effective commerce. To ensure success post-recession, businesses need to reset the way they think about business commerce and the solutions used to drive it.”

Ariba aims to help them do this through the day-long Los Angeles forum, which will feature presentations from leading companies who will outline how they are leveraging flexible technology-based solutions to control costs, minimize risks, improve profits and optimize cash flow and operations. Among the companies set to present:

  • Chevron Corp.
  • Experian
  • First American Corporation
  • Live Nation, Inc.
  • Office Max
  • WellPoint, Inc.

The event will also include a discussion of how companies can emerge from the downturn stronger – not just leaner – led by Chris Sawchuck, Procurement Practice Leader, the Hackett Group.

At the conclusion of the day, participants will have the opportunity to share insights and best practices with their peers at an informal networking reception.

For more information on the Ariba Los Angeles event, or to register, please visit www.ariba.com/events/smd/

About Ariba, Inc.

Ariba, Inc. is the leading provider of on-demand spend management solutions. Our mission is to transform the way companies of all sizes, across all industries, and geographies operate by delivering technology, service, and network solutions that enable them to holistically source, contract, procure, pay, manage, and analyze their spend and supplier relationships. Delivered on demand, our enterprise-class offerings empower companies to achieve greater control of their spend and drive continuous improvements in financial and supply chain performance. More than 1,000 companies, including more than half of the companies on the Fortune 100, use Ariba solutions to manage their spend from sourcing and orders through invoicing and payment. For more information, visit www.ariba.com.

Copyright © 1996 – 2010 Ariba, Inc.

Ariba, the Ariba logo, AribaLIVE, SupplyWatch, Ariba.com, Ariba.com Network and Ariba Spend Management. Find it. Get it. Keep it. are registered trademarks of Ariba, Inc. Ariba Spend Management, Ariba. This is Spend Management, Ariba Solutions Delivery, Ariba Analysis, Ariba Buyer, Ariba Category Management, Ariba Category Procurement, Ariba Contract Compliance, Ariba Contracts, Ariba Contract Management, Ariba Contract Workbench, Ariba Data Enrichment, Ariba eForms, Ariba Invoice, Ariba Payment, Ariba Sourcing, Ariba Spend Visibility, Ariba Travel and Expense, Ariba Procure-to-Pay, Ariba Workforce, Ariba Supplier Network, Ariba Supplier Connectivity, Ariba Supplier Performance Management, Ariba Content Procurement, Ariba PunchOut, Ariba QuickSource, PO-Flip, Ariba Spend Management Knowledge Base, Ariba Ready, Ariba Supply Lines, Ariba Supply Manager, Ariba LIVE, It’s Time for Spend Management and Supplier Lifecycle Management are trademarks or service marks of Ariba, Inc. All other brand or product names may be trademarks or registered trademarks of their respective companies or organizations in the United States and/or other countries.

Ariba Safe Harbor

Safe Harbor Statement under the Private Securities Litigation Reform Act 1995: Information and announcements in this release involve Ariba's expectations, beliefs, hopes, plans, intentions or strategies regarding the future and are forward-looking statements that involve risks and uncertainties. All forward-looking statements included in this release are based upon information available to Ariba as of the date of the release, and we assume no obligation to update any such forward-looking statements. These statements are not guarantees of future performance and actual results could differ materially from our current expectations. Factors that could cause or contribute to Ariba's operating and financial results to differ materially from current expectations include, but are not limited to: the impact of the credit crises on Ariba’s results of operations and financial condition; delays in development or shipment of new versions of Ariba's products and services; lack of market acceptance of Ariba's existing or future products or services; inability to continue to develop competitive new products and services on a timely basis; introduction of new products or services by major competitors; the ability to attract and retain qualified employees; difficulties in assimilating acquired companies, long and unpredictable sales cycles and the deferrals of anticipated orders; declining economic conditions, including the impact of a recession; inability to control costs; changes in the company's pricing or compensation policies; significant fluctuations in our stock price; the outcome of and costs associated with pending or potential future regulatory or legal proceedings; the impact of our acquisitions, including the disruption or loss of customer, business partner, supplier or employee relationships; and the level of costs and expenses incurred by Ariba as a result of such transactions. Factors and risks associated with its business, including a number of the factors and risks described above, are discussed in Ariba's Form 10-Q filed with the SEC on February 5, 2010.

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