Zogix Announces General Availability of The Employee Services Platform

"Leading Platform That Helps Enterprises Improve Compliance, Reduce Procurement Cost and Engage Employees to Reduce Carbon Emissions”

SAN FRANCISCO, Calif., November 12th, 2007 – Zogix today announced launch of the Zogix Employee Services Platform; an open standard based application for delivering on demand web based services that help reduce a company’s expense spending and carbon footprint through the combined use of policy compliance, real time employee collaboration and employee incentive features. Organisations deploying The Zogix Employee Services Platform (ESP) can provide their employees with access to a services marketplace which consists of the traditional travel & entertainment related services, and emerging services for conferencing, contingent labor, and training. Employees are able to leverage the collaboration features available within the platform to drive usage of alternative service options which results in significant cost reduction and selection of low carbon options. Compliance to company policy is driven from a unique incentive driven methodology that rewards employees on choosing policy compliant and environmentally friendly services.

Zogix launched the platform today at the Oracle Open World Exhibition in San Francisco showcasing the power of integrating Web 2.0 tools within traditional ERP business processes to meet the key challenges faced in managing service related spend across an enterprise.

“By adding Web 2.0 capabilities including social networking, communities of practice, incentive schemes and an open marketplace approach on top of existing ERP functionality and Oracle Fusion Middleware, Zogix helps organizations realize significant procurement savings by improving compliance”, said Amit Zavery, Vice President, Oracle Fusion Middleware.

Return on Investment (ROI) Components

• Improves Compliance - provides a choice of service providers to employees and applies company policy at the point of purchase to improve compliance.

• Reduce Costs - incentivise employees to source the cheapest services, alternative options and from preferred providers to reduce procurement costs.

• Manages Carbon Emissions - enables employees to track carbon footprint and incentivise employees to select environmentally friendly services resulting in reducing organisation's carbon emissions.

Availability

Zogix Employee Services Platform is available across Enterprise and Professional Editions. A demo of the application is available from www.zogix.com Terms, conditions, and restrictions apply.

About Zogix

Zogix is a software solutions company delivering innovative products that revolutionizes the way individuals and enterprises source and manage services that include travel, entertainment and a host of other online business services. Zogix is a privately held company based out of London and San Mateo, CA. For more information, visit www.zogix.com.

Trademarks

Zogix is a registered trademark of Zogix and/or its affiliates. Other names may be trademarks of their respective owners.