Advanced Energys solar energy business leverages Aribas cloud-based applications to standardize sourcing, drive savings and competitive advantage

SUNNYVALE, Calif.--(BUSINESS WIRE)-- Ariba, Inc. (ARBA), the worlds business commerce network, today announced that Advanced Energy Industries, Inc., a leader in power conversion solutions, will leverage its cloud-based applications to streamline its sourcing process and reduce costs. Under the terms of a new agreement, AE Solar Energy will use Ariba^® Sourcing^" On-Demand to optimize its sourcing process and drive rapid and sustainable savings across the companys range of solar inverters, services, and complimentary balance of-system (BoS) accessories.

At Advanced Energy, we are focused not only on delivering precision, high-quality innovative products and reliable service worldwide, but on streamlining our supply chain so that we can continue to reduce costs for our customers, said Travis Johnson, Director, Supply Chain Management, AE Solar Energy. With Aribas cloud-based solutions, we have access to technology and best-practice processes that we can use to more efficiently manage our supply chain and spends, and reduce our costs. The result will be more efficient supply chain operations, flexibility in manufacturing and ultimately, more value for our customers.

A robust and flexible offering, Ariba Sourcing On-Demand combines the technology, expertise and services needed to create effective markets for a wide range of direct materials and indirect goods and services with best practice processes that companies can implement to improve the efficiency and effectiveness of their procurement operations and create value across their entire organization. Delivered completely in the cloud via the Ariba Network, Ariba Sourcing On-Demand requires no investments in special hardware and can be quickly and cost-effectively implemented across locations and geographies.

Advanced Energy will use the application to:

• Find new suppliers and simplify the process of negotiating with them
• Structure and execute events for even the most complex categories of spend
• Drive rapid and sustainable savings
• Manage project workflows
• Generate data-rich reports

Advanced Energy is widely recognized for its commitment to innovation both in its solutions and operations, said Daryl Rolley, Senior Vice President and General Manager, Ariba. By implementing Aribas cloud-based offerings, the company can drive an innovative approach to spend management that enables it to deliver bottom-line improvements that enhance its performance, its products, and ultimately, its advantage in the competitive and demanding markets that it serves.

About Advanced Energy
Advanced Energy is a global leader in reliable power conversion solutions used in thin-film plasma manufacturing and solar energy generation. The companys solar energy business enables utility scale, commercial, and residential solar project stakeholders to offer system owners a lower Levelized Cost of Energy (LCOE) and confidence their PV system will deliver on long-term production goals. With more than 30 years of leadership in delivering innovative energy solutions, combined with a legendary reputation for customer service, AE is a trusted partner to solar project developers, financiers and beneficiaries around the globe. Founded in 1981, Advanced Energy is headquartered in Fort Collins, Colorado with dedicated support and service locations around the world. For more information, go to www.advanced-energy.com/solarenergy.

About Ariba, Inc.
Ariba, Inc. is the worlds business commerce network. Ariba combines industry-leading cloud-based applications with the world's largest web-based trading community to help companies discover and collaborate with a global network of partners. Using the Ariba^® Network, businesses of all sizes can connect to their trading partners anywhere, at any time from any application or device to buy, sell and manage their cash more efficiently and effectively than ever before. Companies around the world use the Ariba^{Network to simplify inter-enterprise commerce and enhance the results that they deliver. Join them at: www.ariba.com}

Copyright © 1996 2012 Ariba, Inc.
Ariba, the Ariba logo, AribaLIVE, Ariba.com, Ariba.com Network, Ariba Spend Management. Find it. Get it. Keep it. and PO-Flip are registered trademarks of Ariba, Inc. Ariba Procure-to-Pay, Ariba Buyer, Ariba eForms, Ariba PunchOut, Ariba Services Procurement, Ariba Travel and Expense, Ariba Procure-to-Order, Ariba Procurement Content, Ariba Sourcing, Ariba Savings and Pipeline Tracking, Ariba Category Management, Ariba Category Playbooks, Ariba StartSourcing, Ariba Spend Visibility, Ariba Analysis, Ariba Data Enrichment, Ariba Contract Management, Ariba Contract Compliance, Ariba Electronic Signatures, Ariba StartContracts, Ariba Invoice Management, Ariba Payment Management, Ariba Working Capital Management, Ariba Settlement, Ariba Supplier Information and Performance Management, Ariba Supplier Information Management, Ariba Discovery, Ariba Invoice Automation, Ariba PO Automation, Ariba Express Content, Ariba Ready, and Ariba LIVE are trademarks or service marks of Ariba, Inc. All other brand or product names may be trademarks or registered trademarks of their respective companies or organizations in the United States and/or other countries.

Ariba Safe Harbor
Safe Harbor Statement under the Private Securities Litigation Reform Act 1995: Information and announcements in this release involve Ariba's expectations, beliefs, hopes, plans, intentions or strategies regarding the future and are forward-looking statements that involve risks and uncertainties. All forward-looking statements included in this release are based upon information available to Ariba as of the date of the release, and we assume no obligation to update any such forward-looking statements. These statements are not guarantees of future performance and actual results could differ materially from our current expectations. Factors that could cause or contribute to Ariba's operating and financial results to differ materially from current expectations include, but are not limited to: the impact of the credit crises on Aribas results of operations and financial condition; delays in development or shipment of new versions of Ariba's products and services; lack of market acceptance of Ariba's existing or future products or services; inability to continue to develop competitive new products and services on a timely basis; introduction of new products or services by major competitors; the impact of any acquisitions, including difficulties with the integration process or the realization of benefits of a transaction; the impact of our disposition, including the potential disruption of our ongoing business; the ability to attract and retain qualified employees; long and unpredictable sales cycles and the deferrals of anticipated orders; declining economic conditions, including the impact of a recession; inability to control costs; changes in the company's pricing or compensation policies; significant fluctuations in our stock price; the outcome of and costs associated with pending or potential future regulatory or legal proceedings; the impact of our acquisitions and dispositions, including the disruption or loss of customer, business partner, supplier or employee relationships; and the level of costs and expenses incurred by Ariba as a result of such transactions. Factors and risks associated with its business, including a number of the factors and risks described above, are discussed in Ariba's Form 10-Q filed with the SEC on May 5, 2012.

Ariba, Inc.
Karen Master, 412-297-8177
kmaster@ariba.com

Source: Ariba, Inc.

Copyright Business Wire 2012