Bancomext and PrimeRevenue Partner to Bring Supply Chain Finance to Mexican Suppliers

Atlanta – June 22, 2010 - PrimeRevenue and Bancomext, Mexico's National Bank of Foreign Trade, have agreed upon a partnership to extend the benefits of Supply Chain Finance (SCF) to Mexican suppliers exporting to companies in North America and Europe. The partnership builds on their joint success in operating the SCF program of a Fortune 100 U.S. electrical equipment manufacturer which has reduced its working capital requirements, increased cash flow and improved supply chain efficiency as a result of its SCF deployment.

PrimeRevenue's open, multi-bank SCF platform, combined with financing from Bancomext, will enable suppliers to receive early payment on their invoices through access to low cost, on-demand financing, a critical capability in today's credit constrained environment. Suppliers will also gain valuable visibility into future cash flows associated with their receivables.

"By working with PrimeRevenue we have joined forces with a global SCF industry leader that is already familiar with the geographical requirements of Mexican suppliers," said Hector Rangel Domene, CEO, Bancomext. "By funding on PrimeRevenue's SCF Platform, we will increase the competitiveness of Mexican suppliers internationally, giving them the ability to collect on receivables on demand at an attractive discount rate."

For PrimeRevenue, which operates the world's largest SCF programs, this new banking relationship further extends its SCF capabilities in the Mexican market where they are active today with their local Mexican partner eFactor Network.

"Bancomext is infusing capital into the Mexican market and making Mexican suppliers more attractive to large multinationals by giving them the opportunity to participate in SCF programs," said P.J. Bain, CEO of PrimeRevenue. "Working with Bancomext to serve this regional supplier base further supports PrimeRevenue's capabilities within the Latin American market."

About Bancomext
Bancomext was founded in 1937 as a credit institution with the mandate to promote, develop and organize Mexican foreign trade. A presidential decree transformed it into a development bank in 1985. Bancomext is an entity part of the federal Mexican government, which acts as guarantor of transactions with its counterparties, be it individuals or firms in Mexico, foreign firms or governments, or multi-lateral institutions.

Our mission is to finance Mexican exporting firms - specially small and medium sized companies (SMEs) - and corporate companies, likewise those primordial sectors of the national economy which are related with the generation of foreign currencies , in order for them to increase their growth and participation in the global markets and to strengthen their competitiveness.

About PrimeRevenue, Inc.
For Global 2000 organizations who view their supply chains as a strategic asset and are seeking to increase supply chain efficiency, PrimeRevenue is the leading provider of open platform Supply Chain Finance (SCF) technology and services. Our open SCF platform and working capital advisory services provide these organizations with the control and flexibility required to drive superior SCF results, reducing cost, capital and risk throughout their supply chains and forging stronger trading partner relationships. Headquartered in Atlanta, Georgia, USA, PrimeRevenue has offices and customers throughout the world. For more information, visit www.primerevenue.com.

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Contact:
Emma Flack
PrimeRevenue
+1 678-904-7132
pr@primerevenue.com