Press Releases

Ariba Honors Newark element14 with 2009 Spend Management Excellence Award

CHICAGO and LONDON-May 28, 2009

Premier Farnell plc (LSE:pfl), the leading multi-channel, high service distributor supporting millions of engineers and purchasing professionals worldwide, has announced today that Newark, a division of Premier Farnell, has received a 2009 Ariba Spend Management Excellence Award for being an Ariba Supplier Network pioneer. Newark, who has been at the forefront of e-solutions for its customers, was recognized onstage during a special awards ceremony at Ariba LIVE 2009 World Tour in Chicago on May 19th. Spend Management solutions use web based cutting-edge technology to align organizations, processes, and systems to analyze, source, contract, procure, pay, manage and continuously improve global supply for best-value performance in support of the strategic objectives of the business.

"The 2009 Spend Management Excellence Award winners each demonstrated unique leadership, vision and commitment in applying leading-edge spend management solutions and techniques," said Tim Minahan, Chief Marketing Officer, Ariba. "We are pleased to recognize these companies for their ability to drive positive and profound change within their organizations and the procurement industry at large."

The winners were selected by an independent panel of judges with representatives from Supply & Demand Chain Executive, CPO Agenda, Aberdeen Group and AMR Research.

"We are very pleased to receive this award", said Dianne Kibbey, Global Head of Portals and eProcurement, Premier Farnell. "Through our business partnership, we have raised the bar on the capabilities and services we can offer to our mutual customers that are driving spend management".

Newark and Farnell, businesses of Premier Farnell are industry leaders in eProcurement solutions. Since its first implementation in 1999, Premier Farnell has invested in innovative solutions and processes to transform its businesses and gain competitive advantages. An Ariba Ready Platinum supplier with a global team of eProcurement experts, Premier Farnell supports customers around the world to achieve their objectives on spend management.

Top Sales Distributor of the Year

From left to right; Yvette Sledge, Andre Rego, Dianne Kibbey Issac Rajendran, and Kate Facklam of Newark.

About Ariba:

Ariba, Inc. is the leading provider of on-demand spend management solutions. Our mission is to transform the way companies of all sizes, across all industries, and geographies operate by delivering software, service, and network solutions that enable them to holistically source, contract, procure, pay, manage, and analyze their spend and supplier relationships. Delivered on demand, our enterprise-class offerings empower companies to achieve greater control of their spend and drive continuous improvements in financial and supply chain performance. More than 1,000 companies, including more than half of the companies on the Fortune 100, use Ariba solutions to manage their spend from sourcing and orders through invoicing and payment. For more information, visit www.ariba.com.

About Newark element14

Newark element14, a subsidiary of global distributor Premier Farnell plc, is North America's leading small-quantity distributor of electronic components and test equipment, and its #1 source for RoHS compliant parts and information. RoHS is the acronym for the European Union's Restrictions of certain Hazardous Substances directive, which took effect July 1, 2006.

Visited by thousands of engineers and electronics buyers each week, Newark element14's RoHS Express site at www.element14.com/community/community/legislation provides critical information to help companies transition to compliance, including: the latest news, on-demand lead-free soldering webinars, downloadable step-by-step guides to compliance and updates on US and Canadian green laws.

In addition to offering the broadest electronics selection from 440+ top manufacturers for same-day shipping, Newark element14 provides a unique range of value-added services at no charge, including, RoHS Bill of Materials updates, eProcurement implementation and support, and automatic re-reeling for components.

With multiple sales channels, customers do business with Newark element14 through contact centers, a local branch network in the US, Canada, Mexico and Brazil, a dedicated field sales force and a world-class website at www.Newark.com. The holder of a General Services Administration schedule (#GS-06F-0044M,) Newark element14 also supports federal government customers through a dedicated website, www.teamgov.com, and a specially trained team of representatives.

Newark element14's parent company, Premier Farnell plc, is a leading global marketer and distributor of electronic, maintenance repair and operations (MRO) and specialist products and services, trading in more than 100 countries with a database of 2 million customer contacts. For general information, visit www.Newark.com and www.premierfarnell.com. Also, you can reach Newark element14's media contact, Janice Fleisher, at 773.907.5941 and at jfleisher@Newark element14inone.com.

© Copyright 2007. Newark element14 is a service mark of Premier Farnell Corp. All other trademarks, product or service names displayed in this release, registered or unregistered, constitute the intellectual property of their respective holders.

About Newark element14