PrimeRevenue Expands European Presence; Supply Chain Finance Leader Opens Office in Prague



    PrimeRevenue, Inc., the leading provider of Supply Chain
    Finance (SCF) solutions, today announced the establishment of an
    office in the Czech Republic. The Prague location follows quickly on
    the opening of the Paris office earlier in the year. It will offer
    working capital solutions, enablement and customer support in the
    rapidly growing European market.
    "We are seeing a tremendous demand from leading Global 2000
    companies in Europe looking for new ways to improve margins, reduce
    working capital and improve supplier relations," said Joe Juliano,
    CEO, PrimeRevenue. "Our Prague presence establishes a solid base from
    which to meet growing customer requirements in Europe."
    "With in-depth knowledge of global markets and expertise in the
    financial supply chain, PrimeRevenue is uniquely positioned to assist
    treasury and procurement professionals throughout Europe to reduce
    costs, optimize capital use, and remove risk for all trading
    partners," added Juliano.
    "Our Prague staff will be focused on successfully implementing our
    supply chain finance programs throughout the region," said Emmanuel
    Cuvillier, Vice President and General Manager, PrimeRevenue Europe.
    "Our entire European Delivery Team is dedicated to all aspects of
    client delivery and management."
    In response to accelerated growth in the SCF business and the
    growing need for automating working capital operations, PrimeRevenue
    plans continued expansion in the region with further sales, program
    management and operational staff.

    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.