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CoreLogic Signs Five-Year, Multi-Million Dollar Contract

Philadelphia—April 26, 2012 –Procurement solution provider Procurian Inc. now delivers a comprehensive procurement solution to Santa Ana, Calif.-based CoreLogic, a provider of information, analytics and business services. Procurian will help CoreLogic continuously optimize spending in areas including consulting, benefits, temporary labor, postage and marketing. The five-year contract to manage annual spending will support CoreLogic’s Project 30 cost reduction objectives.

“CoreLogic is focused on delivering strong revenue and earnings growth in 2012,” said Frank Martell, Chief Financial Officer of CoreLogic. “To help achieve this objective, we have established aggressive cost reduction and workflow productivity targets. Because they possess deep category expertise across some of our largest areas of spending, we believe that Procurian is the right partner to help us meet our cost savings commitments.”

CoreLogic will leverage Procurian's Specialized Procurement Infrastructure to enable its procurement strategy of establishing high performance capability to improve control, reduce its cost structure and support business growth through more effective procurement. Procurian will help clients transform procurement into a strategic function that fuels growth through measurable savings as well as supply market insights that optimize spending.

Procurian’s offering provides its clients access to all the components necessary to optimize indirect spend and achieve the highest levels of procurement excellence, including dedicated teams of specialists with deep category expertise, real-time market intelligence, comprehensive processes and a sophisticated set of proprietary tools and technology.

“The CoreLogic team has a very progressive view of the role of procurement and we’re excited to help this forward-thinking market leader take procurement to the next level to meet their cost savings goals by harnessing the power of their spending,” said Carl Guarino, Chief Executive Officer of Procurian. “This new engagement showcases the opportunity for many companies to significantly lower their spending in categories such as consulting, benefits, marketing and temporary labor.”

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