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AnchorPoint Announces Major Retail Customer Win

Leading TEM Vendor Signs Largest Arts & Crafts Retailer

Jan 15, 2007 - Framingham, MA - AnchorPoint, a leader in integrated Telecom Expense Management (TEM) solutions, today announced that the Company has signed a major new retail customer, the nation’s largest retailer of arts and crafts materials. AnchorPoint will implement their recently-announced solution, ‘AnchorPoint Retail’ for this customer, combining best-of-breed features and functionality from their recent AnchorPoint 6.0 release, and their industry-leading Map-To-Win^SM deployment approach.

“We’re finding that retail organizations are interested in forward-thinking approaches to cutting costs and improving operational efficiencies,” said Don Luby, senior vice president of sales, AnchorPoint. “This particular customer chose AnchorPoint because our advanced business analytics capabilities enables them to not only understand store expenses at an unprecedented level of detail, but also helps them align these expenses to revenue goals.”

“After conducting our Map-to-Win discovery process, we were able to specifically demonstrate how aligning business priorities and processes with their TEM initiative would lead to measurable results and cost savings,” said Brad Standley, vice president of consulting, AnchorPoint. “After reviewing our detailed analysis and delivering an implementation roadmap, their decision to engage with AnchorPoint became a very easy one.”

Invoice, asset and usage management, business analytics and invoice auditing are the backbone of AnchorPoint’s solution for this customer. Specifically, AnchorPoint will deliver a managed services package, in a multi-year agreement, to support the customer’s entire order-to-pay process including provisioning for new store openings.

Corporate Contact:
Michael Grillo | Marketing Manager | +1 508-628-4524 | mgrillo@anchorpoint.com

Media Contact:
Tom Bain| Racepoint Group | +1 781-487-4616 | tbain@racepointgroup.com

About Anchorpoint

AnchorPoint (www.AnchorPoint.com) is a leading provider of Telecom Expense Management Solutions that enable enterprises to gain visibility and control of strategic assets that drive key business processes and crucial competitive advantage. The company’s award-winning software, consulting and managed services solutions -- including integrated Invoice, Asset, and Usage Management and Business Analytics tools -- provide professionals at every level of the organization with rapid access to concise, actionable data. Armed with this knowledge, they can make smart operational and financial decisions that maximize the performance of core assets and services. From reducing costs and optimizing resources for superior ROI; from allocating budgets to ensuring regulatory compliance; from purchasing to payment; and everything in between, global leaders like BB&T, Pitney Bowes and AGFA rely on AnchorPoint for absolute control over bottom line results.