Palo Alto, CA - October 18, 2005 — Metreo, a leading provider of comprehensive pricing intelligence, optimization and execution solutions, today announced it is the recipient of the prestigious Corporate Award for Excellence from APICS, the Association for Operations Management. Metreo won in the Technology Partnership category which recognizes a partnership between a technology solutions provider and a corporate customer, where the product has increased a company's success.

The Metreo Smart Pricing Suite helps companies identify and capture profit improvement opportunities by setting prices at optimal levels and ensuring those prices are consistently executed in every deal. Fortune 500 manufacturers and distributors use the Metreo Smart Pricing Solution to analyze its margins at every level -- from company and division-wide, down to the productivity of a particular customer, product or transaction. "We are fortunate that our customer partnerships demonstrate success from the very start," said Daphne Carmeli, president and CEO of Metreo.

"We are proud to be an integral part of our customers' corporate-wide gross margin improvement strategy. To also be recognized by APICS for our joint achievement is further testament to the dramatic results that the proper pricing strategy can offer."

APICS is the global leader and premier provider of information and services in manufacturing production and inventory management. The APICS Corporate Awards of Excellence recognize companies for significant contributions and performance excellence in the production and inventory management industry. Award applications are reviewed by a judging panel composed of industry experts holding an APICS certification, industry analysts, media representatives, and academicians.

"This year's APICS Corporate Awards of Excellence recipients have demonstrated why they are industry leaders," said Karen Wynn Freeman, deputy executive director at APICS. "APICS is proud to recognize Metreo for clearly displaying performance excellence applying best practices to capture margin opportunities and drive operations management success." More information on the APICS Corporate Awards and Metreo's winning solution can be found at http://www.apics.org/About/Awards/Corporate/default.htm.

About Metreo's Smart Pricing Suite
The Metreo Smart Pricing Suite helps customers identify profit improvement opportunities. The suite enables companies to capture these opportunities by setting prices at the optimal levels and ensuring that those prices are consistently executed in every deal. Metreo's Smart Pricing Suite can be deployed modularly, and provides a complete closed-loop solution, enabling companies to see returns in as little as two to three months. Other components can be added as customer's needs grow.

About Metreo
Metreo is the leading provider of comprehensive pricing intelligence, optimization and execution solutions that demystify and add discipline to the entire pricing process, enabling manufacturers and distributors to drive more profit to the bottom line. Customers include industry leaders such as Eaton Corp., Essex Electric, Hewlett Packard, Honeywell, Oncology Therapeutics Network and Owens Corning. The company has been growing at a rate of 300% year-over-year for the past two years and was ranked #1 in The San Francisco Business Times' annual list of the Top 100 Fastest Growing Private Companies (2004). They were also named a Rising Star on the 2004 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. More information is available at http://www.metreo.com/. Copyright 2005 Market Wire, Incorporated