Yates Petroleum Selects Apptricity Expense Management

Dallas, TX – March 8, 2012 – Apptricity Corporation, an industry leader in automated enterprise grade Supply Chain and Dynamic Spend Management solutions, announced today that Yates Petroleum has selected Apptricity Expense Management as its automated solution for travel and expense.

Yates Petroleum, one of the largest oil and gas producers in New Mexico, is known for its 75-year contribution to the industry as well as its leadership in promoting environmental and avian protection policies. Yates' selection of Apptricity Expense Management shows continued corporate adoption of Apptricity's SOA applications.

“It has been Apptricity's goal to provide its customers with “exact fit” solutions, rather than companies having to adapt to strict technology processes from SaaS and ERP companies,” said Tim Garcia, President and Chief Executive Officer of Apptricity Corporation.

With the addition of Yates Petroleum to its increasing list of clients, Apptricity continues expansion of its rapidly-deployable automated solutions for the energy industry, which includes clients such as TXU, Texas' largest energy provider.

About Apptricity

Founded in 1999, Apptricity Corporation provides Supply Chain Management and Dynamic Spend Management solutions. Customers benefit from reduced operational costs due to improvements in efficiencies and compliance with Apptricity's core SOA architecture. Apptricity also offers multiple deployment alternatives to address customer demands, including a perpetual license and Software-as-a-Service (SaaS), and Private Cloud. Built on an advanced Service-Oriented Architecture (SOA) framework, Apptricity solutions provide platform independence, broad-reaching integration, mass customization and hassle-free migration.

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