Nextance to Discuss Driving Performance from Customer and Supplier Contracts

Presentation at SAP users conference addresses complexity and risk in B2B relationships

REDWOOD CITY, Calif. - April 24, 2007 – Nextance Inc., the top technology choice for managing sales proposals, contracts, and other relationship-defining documents, today announced it will speak at the annual conference of the Americas' SAP Users' Group (ASUG), held in Atlanta, Georgia on April 22-25, 2007. As an innovations leader in its industry, Nextance will share best-practices for optimizing the lifetime value of customer relationships and improving supplier performance.

Entitled "Fundamentals of Driving Performance from Your Supply/Customer Contracts", the presentation will look at many of the problems common to contract negotiation and vendor management such as: deals that take too long, understanding the value of each contract, tracking commitments have been made, missed revenue opportunities, and managing risk related to your contracts.

Tiffany Riley, vice president of marketing and presenter for Nextance, explained, "SAP customers have some of the most sophisticated global business-to-business relationships. In order to drive the most value from these relationships and keep the risk inherent in them to a minimum, contracts need to be created and managed with an eye towards performance. With experience in helping the top and fastest-growing companies in the world, our goal is to share best-practices and approaches to optimizing financial value and minimizing risk in contractual relationships."

The Nextance presentation will explain key performance metrics for contract management, how to align people and process to drive performance from contracts during negotiations and afterwards, and why contract management technology solutions are critical to getting what was so carefully negotiated.

The Nextance presentation will be held at 2:30 pm Eastern on Wednesday, April 25.

About Nextance Inc.

Nextance solutions are setting the standard for how companies manage their business relationships. Global 2000 companies are improving financial performance and lowering risk by using Nextance proposal-to-revenue and source-to-savings solutions to improve the standardization, visibility, and control of their relationship-defining documents, including sales proposals and all types of contractual agreements. Alion, Countrywide, Cytyc, Eastman Chemical Company, Google, Juniper Networks, Peabody Energy, Sasol, SHPS, Sun Microsystems, and others are using Nextance software every day to optimize the lifetime value of each of their thousands of customer, supplier, and partner relationships. Nextance is based in Redwood City, CA, and is privately held. For additional information, visit: www.nextance.com.

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