CHICAGO—May 1, 2007—Fieldglass, Inc., a leading provider of contingent workforce management and services procurement software, today announced that Forrester Research has issued a report identifying Fieldglass as a provider of “one of the best services procurement products on the market”.

Fieldglass was among the select companies that Forrester invited to participate in its Forrester Wave report, The Forrester Wave™: eProcurement Solutions, Q2 2007. The report evaluated products from 14 vendors across 118 criteria and found Fieldglass to be at the top of the pack in services procurement with a solid strategy position and strong financials. InSite, the services procurement offering from Fieldglass, also scored well in reporting of metrics and analytics, supplier connectivity, integration and globalization.

InSite, delivered in Software-as-a-Service (SaaS) model, is used by companies, including a significant number of the Fortune 500, to manage the acquisition of all types of contingent workers and services including consultants and offshore personnel. One of the most critical trends in the marketplace is the tightening labor market. A unique confluence of events including increased global competition, baby boomer retirement rates and economic expansion are leading to tectonic shifts in the way work gets done. Companies, especially those that have multiple divisions with unique hiring processes and practices, need help navigating through the potential labor market, and Fieldglass provides a market-proven solution based on its innovative technology and attention to execution.

"Recognition by Forrester as providing one of the best services procurement products in the market is indeed an honor," says Jai Shekhawat, CEO and co-founder of Fieldglass.  "The services procurement market has arrived at a new phase of business maturity characterized by the onset of mainstream adoption.  Many large companies are enjoying the benefits of a contemporary solution for services procurement; while a smaller group of late adopters, 25% as cited within the report, remain poised to select a services procurement solution.  Fieldglass is well-positioned to benefit from both late adopters as well as companies that understand the benefits of services procurement yet are reevaluating their current technology and are searching for a more effective solution.”

For additional details on the Forrester evaluation of Fieldglass or to download The Forrester Wave™: eProcurement Solutions, Q2 2007 report, go to www.fieldglass.com/wave07.

About Fieldglass
Fieldglass, a leading provider of contingent workforce management and services procurement solutions, combines technology innovation with industry expertise to provide business solutions for such industries as financial services, healthcare, manufacturing, pharmaceutical and telecommunications. Fieldglass' solutions are based on its award-winning InSite® application, designed to optimize an organization's contingent labor procurement and management process. Fieldglass is on the web at www.fieldglass.com.