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Supply Chain Solutions Veteran Joins PrimeRevenue's Executive Team; PrimeRevenue Names Peter Lugli Vice President, Marketing and
Corporate Development

ATLANTA, GA, May 11, 2006 — PrimeRevenue, Inc., the leading provider of Supply Chain Finance (SCF) solutions, today announced the appointment of Peter Lugli to the position of Vice President, Marketing and Corporate Development. Mr. Lugli joins PrimeRevenue from Quadrem, a global leader in supply chain solutions, where he served as Vice President of Marketing and Alliances.

As Vice President of Marketing and Corporate Development at PrimeRevenue, Mr. Lugli will be responsible for all facets of marketing, communications and corporate development with particular emphasis on heightening awareness of Supply Chain Finance and driving customer acquisition. Mr. Lugli will report directly to Joseph Juliano, CEO.

"Peter’s strong knowledge in technology, procurement processes and change management will be a valuable asset to both our firm and to our clients," said Joseph Juliano, CEO, PrimeRevenue. “His experience working with businesses to streamline their transactions will further invigorate PrimeRevenue’s commitment to improving working capital efficiency and enhancing trading relationships. We are excited about Peter joining our organization.”

"I am very enthusiastic about being part of the PrimeRevenue team,” said Mr. Lugli. “This team is generating great excitement and momentum with partners and customers, while attracting prospects who look to Supply Chain Finance to achieve the ‘next-level’ value exchange for trading partners.”

A lawyer by background, Mr. Lugli brings to PrimeRevenue over 15 years of leadership experience in business and government with specific emphasis on supply chain management.

About PrimeRevenue, Inc.
PrimeRevenue is a supply chain financial services company that provides automated Supplier Finance, Payables Presentment and Financial Settlement services to Global 2000 organizations and their Suppliers. When PrimeRevenue is part of an organization’s financial supply chain strategy, costs throughout the supply chain are reduced, working capital efficiency improved and Supplier relationships enhanced. Headquartered in Atlanta, Georgia, PrimeRevenue has offices and customers throughout the world. For more information on PrimeRevenue, visit www.primerevenue.com.

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