Delivering on its promise to make spend management available and affordable to companies of all types and sizes, Ariba, Inc. (NASDAQ:ARBA) today announced that it has signed an agreement with J.M. Huber Corporation, one of the largest family-owned companies in America. As part of their ongoing commitment to innovation and efforts to drive long-term, profitable growth, Huber Engineered Materials and CP Kelco, both wholly owned subsidiaries of J.M. Huber Corporation, will leverage Ariba's on-demand technology and sourcing services to enhance their procurement functions and drive savings and efficiencies across their operations.
“At J.M. Huber, we look tirelessly for ways to improve quality and increase yields, work effectively with vendors, reduce overhead and provide better service to customers,†said Brian Bender, Director, Global Purchasing for Huber Engineered Materials. “Ariba provides us with access to technology, expertise and services that will allow us to achieve these goals. Using its solutions, we can centralize our sourcing and procurement activities and create a standard, best-practice process for driving them that delivers bottom-line results.â€
To drive its objectives, J.M. Huber will leverage a combination of Ariba® Sourcingâ„¢ On-Demand Professional and Ariba Sourcing Services. With Ariba Sourcing On-Demand Professional, J.M. Huber can design, execute and manage effective strategies for sourcing direct materials, indirect goods and services and MRO spend from end-to-end. With Ariba Sourcing Services, J.M. Huber can tap the experience and expertise Ariba has built in online sourcing over the last decade and transfer it to its own team members to ensure the success of projects on an ongoing basis.
“J.M. Huber has a proven track record of identifying innovative technologies and processes that help its customers make their products and services better,†said Kevin Costello, President, Ariba. “Leveraging Ariba's solutions, J.M. Huber can enhance the efficiency and effectiveness of its own operations and continue to deliver the quality and value that it has come to be known for.â€
About J.M. Huber
J.M. Huber Corporation is a diversified, multinational supplier of engineered materials, natural resources and technology-based services to customers spanning many industries, from paper and energy to plastics and construction.
One of the largest family-owned companies in America, Huber is built on a tradition of strong customer relationships, high ethical standards and technology leadership. For additional information on the company and its products and services, please visit www.huber.com.
About Ariba, Inc.
Ariba, Inc. is the leading provider of Spend Management solutions to help companies realize rapid and sustainable bottom line results. Successful companies around the world in every industry use Ariba Spend Managementâ„¢ software and services. Ariba can be contacted in the U.S. at 1.650.390.1000 or at www.ariba.com.
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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 its current expectations include, but are not limited to: 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; 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-K for the year ended September 30, 2007.
