Fieldglass Recognized as a Leader in eProcurement Solutions for Services Purchases



    Fieldglass, Inc., a leading provider of contingent workforce
    management and services procurement software, today announced that
    Forrester Research has issued a report identifying Fieldglass as a
    provider of "one of the best services procurement products on the
    market".

    Fieldglass was among the select companies that Forrester invited
    to participate in its Forrester Wave report, The Forrester Wave(TM):
    eProcurement Solutions, Q2 2007. The report evaluated products from 14
    vendors across 118 criteria and found Fieldglass to be at the top of
    the pack in services procurement with a solid strategy position and
    strong financials. InSite, the services procurement offering from
    Fieldglass, also scored well in reporting of metrics and analytics,
    supplier connectivity, integration and globalization.

    InSite, delivered in Software-as-a-Service (SaaS) model, is used
    by companies, including a significant number of the Fortune 500, to
    manage the acquisition of all types of contingent workers and services
    including consultants and offshore personnel. One of the most critical
    trends in the marketplace is the tightening labor market. A unique
    confluence of events including increased global competition, baby
    boomer retirement rates and economic expansion are leading to tectonic
    shifts in the way work gets done. Companies, especially those that
    have multiple divisions with unique hiring processes and practices,
    need help navigating through the potential labor market, and
    Fieldglass provides a market-proven solution based on its innovative
    technology and attention to execution.

    "Recognition by Forrester as providing one of the best services
    procurement products in the market is indeed an honor," says Jai
    Shekhawat, CEO and co-founder of Fieldglass. "The services procurement
    market has arrived at a new phase of business maturity characterized
    by the onset of mainstream adoption. Many large companies are enjoying
    the benefits of a contemporary solution for services procurement;
    while a smaller group of late adopters, 25% as cited within the
    report, remain poised to select a services procurement solution.
    Fieldglass is well-positioned to benefit from both late adopters as
    well as companies that understand the benefits of services procurement
    yet are reevaluating their current technology and are searching for a
    more effective solution."

    For additional details on the Forrester evaluation of Fieldglass
    or to download The Forrester Wave(TM): eProcurement Solutions, Q2 2007
    report, go to www.fieldglass.com/wave07.

    About Fieldglass

    Fieldglass, a leading provider of contingent workforce management
    and services procurement solutions, combines technology innovation
    with industry expertise to provide business solutions for such
    industries as financial services, healthcare, manufacturing,
    pharmaceutical and telecommunications. Fieldglass' solutions are based
    on its award-winning InSite(R) application, designed to optimize an
    organization's contingent labor procurement and management process.
    Fieldglass is on the web at www.fieldglass.com.