DENVER - July 30, 2007 - Spinnaker Management Group, LLC ("Spinnaker") announced today the acquisition of Prosero, Inc., a leading provider of procurement and materials management solutions. The combined force now holds a unique position in the marketplace as a leading provider of end-to-end Supply Chain services. Spinnaker’s founding Principals, Mathew Stava and Rob Benson, have worked with Prosero’s President and CEO, Mark Montanari, over the past few months to establish a jointb usiness model that offers a broad range of services to meet the dynamic people, process and technologySupply Chain needs of existing and prospective clients.

Spinnaker, whose roots are in “Big 5” consulting and academia, is a professional services firm that specializes in Supply Chain strategic consulting and implementation. Their deep expertise and perspective related to supply chain technology, processes, and organizations has been a differentiator for them since their founding over 5 years ago. Complementing Spinnaker’s supply chain expertise, Prosero specializes in Procurement and Materials Management Co-SourcingSM -- providing services ranging from assessments and implementation support to ongoing delivery of full category management, material planning, and logistics & warehouse management activities.

The combined businesses have organized their offerings into three primary focus areas allowing them to offer clients a broad range of supply chain services.

1. Supply Chain Planning & Execution
2. Procurement Services
3. Logistics & Warehouse Management

“We have created a unique niche, unmatched by competitors of either organization,” said Stava. “While our consulting services are delivering tremendous value to our clients, this acquisition is a direct response to clients’ demands for us to offer on-going management and continuous improvement capabilities. Our acquisition of Prosero extends our ability to help our clients truly strategize, build/implement, and operate the various components of a company’s supply chain. Not only do we provide the front-end consulting expertise that brings best practices to our client organizations, but we now can provide the “on theground” experience and resources to implement and operate supply chain activities – delivering promised value and ensuring continuous improvement. This acquisition is an ideal marriage of two companies with a great history that can now better serve our clients.”

Prosero will move its headquarters to Spinnaker’s in Denver and will keep an Atlanta office as a regional presence for both companies.

At the Spinnaker family; we consistently deliver value to our clients. Our growth, both in clients we serve and services we provide is a testament to the value we bring our customers.

About Prosero
Prosero Procurement and Materials Management Co-SourcingSM helps clients increase their operational effectiveness without adding headcount or investing in technology. Prosero offers the talent, techniques and technology to execute strategic sourcing, contract deployment, compliance management, supplier management, material planning and logistics & warehouse management activities. Prosero rapidly identifies focus areas, improves service levels and removes costs from an organization. We sustain and continuously improve the value we deliver through our relentless focus on results.

About Spinnaker
Spinnaker is a full service consulting firm that provides comprehensive Supply Chain advisory and implementation services. Started in April 2002 in Denver, it has consistently grown over 100% per year in size. Spinnaker was founded on the single guided principle – to exceed our clients’ expectations ind elivering value to their business. Every initiative we’re engaged with is executed with exceptionional esults, utilizing a combination of business process acumen and technology leadership.