Nestle Selects Quadrem as Global eRequisitioning Partner DALLAS and VEVEY, Switzerland, Aug. 10 /PRNewswire/ -- Nestle, the largest food and beverage company in the world, has selected the Quadrem eMarketplace as the partner for its global eRequisitioning program, part of an enterprise-wide initiative Nestle is implementing to standardise and streamline e-procurement processes. Quadrem is providing Nestle solutions that support global eRequisitioning of services and indirect materials, including development and ongoing support of electronic supplier catalogues, supplier on-boarding services and a Web- based XML platform supporting requisitioning transactions that will be integrated with Nestle's enterprise resource planning systems (ERP). The roll out initially involves Nestle sites across Europe, North America and South America, and will expand to include operations across the rest of the world. Today, Nestle purchasing professionals in Europe are already working with indirect materials suppliers using Quadrem's applications and services. "We are delighted to have the world's largest food company select Quadrem as its global partner for eRequisitioning of services and indirect materials," said Mike Efting, Quadrem CEO. "We see a significant opportunity to work with Nestle to further the services of the eMarketplace that will drive value for additional CPG companies who join, as well as existing Quadrem customers." About Nestle Founded in 1866, Nestle (http://www.nestle.com/ ) is the world's largest food and beverage company and employs 230,000 people. The company has factories or operations in almost every country in the world. About Quadrem Quadrem (http://www.quadrem.com/ ) provides e-business solutions that enable buyers and suppliers to maximise procurement efficiencies. Established in 2000, Quadrem has locations in Australia, Brazil, Canada, Chile, France, Mexico, The Netherlands, Peru, Singapore, South Africa, and the United States. DATASOURCE: Quadrem CONTACT: Katherine Kirkpatrick of Quadrem, +1-972-543-8044, or Web site: http://www.quadrem.com/ http://www.nestle.com/

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