KETERA Technologies Reports Record Second Quarter

Company shows strong sales momentum on heels of funding infusion


Company Shows Strong Sales Momentum On Heels of Funding Infusion,
Adds Four New Fortune 1000 Customers

Mountain View, CAAugust 1, 2003Ketera Technologies, a provider of on demand' spend management solutions, announced today that the company registered a record quarter in terms of the value of contracts signed and solution adoption during the second quarter of 2003. The company's sales success comes on the heels of a $10 million round of funding from Kleiner Perkins, Foundation Capital and the company's founder, American Express.

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