KETERA Technologies Reports Record Second Quarter

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.