TradingPartners Announces Appointment of Mark Barnekow as CEO

TradingPartners focuses on its rapid growth in strategic sourcing

CHICAGO and LONDON, January 31, 2011 - TradingPartners (www.tradingpartners.com) today announced its board of
directors has named Mark Barnekow chief executive officer and member of its
board of directors. Mark will be responsible for leading the company as it
expands its business globally to meet the growing demand for fully managed
sourcing services.

Mark is a veteran of sourcing, supply chain management, and spend
intelligence industries, as well as an award-winning company CEO. Previously,
he served as president and CEO of foodservice industry technology provider,
Amphire Solutions. Following Amphire's sale to private equity firm Accel/KKR
and subsequent merger with iTradeNetwork (ITN), Mark became president of
international for ITN.

In 2008, under Mark's leadership, Amphire was recognised as one of the
top 50 fastest-growing companies in Silicon Valley. In the same year Mark was
the recipient of the San Francisco Business Times' Most Admired CEO award.

Max Bleyleben, managing director of growth equity investor, Kennet
Partners said, "Mark's combination of industry expertise and managerial
skills are a perfect fit for TradingPartners. The company is experiencing
greater-than-ever, global demand for its managed sourcing services, and is
partnering with larger and more sophisticated customers. Mark's proven
ability to manage rapid growth through long-term customer relationships and
strategic insights into the supply chain industry will serve the company
well."

"I'm delighted to be joining TradingPartners at this high-growth phase in
the company's development," said Mark Barnekow. "TradingPartners has some of
the most talented and expert people I have come across in this industry.
Their deep experience achieving tangible savings for customers in automotive,
education, health care, manufacturing, public sector and retail industries is
unprecedented. I am excited to help take the company to the next level
working with our great people, products, and customers."

About TradingPartners

Based in Chicago, with European headquarters in London, TradingPartners
provides the most comprehensive and effective managed service to help
companies reduce the cost of their direct and indirect purchases with
tangible results often in the 10-40% range. TradingPartners' unparalleled
domain expertise, comprehensive supplier database and robust technology
platform has helped hundreds of manufacturers, retailers, and service firms
achieve dramatic, tangible cost savings. For more information, visit
www.tradingpartners.com.

About Kennet Partners

Kennet Partners is a leading international private equity firm that
invests in growth companies providing information technology products and
business services that leverage technology. Kennet provides expansion capital
to businesses that want to accelerate growth and build exceptional
shareholder value in partnership with an experienced investor. With
approximately $600 million in funds under management, and working from
offices in London and Silicon Valley, the Kennet team actively supports its
portfolio companies as they expand their operations internationally. Kennet
Partners acts as an advisor to Kennet I, a Jersey-based fund and to Kennet II
and Kennet III, both Guernsey-based funds. Kennet Partners is authorised and
regulated by the Financial Services Authority. For more information, visit
www.kennet.com

Sharon Barclay, +1-617-571-1233, Sharon at bluetrumpetgroup.com, for TradingPartners