CVS Caremark Remedies Rising Costs with Ariba

Ariba, Inc. (Nasdaq: ARBA), the leading spend management solutions provider, today announced that it has signed a new agreement with CVS Caremark, the largest provider of prescriptions in the nation. Under the terms of the agreement, CVS Caremark will leverage Ariba’s on-demand offerings to identify opportunities for savings and quickly drive them to the bottom line.

"At CVS Caremark, we continue to look for ways to improve our sourcing and procurement capabilities and drive savings,” said Anna Umberto, Vice President, Strategic Procurement, CVS Caremark. "Ariba’s on-demand solutions will help us accomplish this by providing technology, capabilities and best-practice processes that we can use to create a standard, automated process for sourcing from bid to contract, manage content and workflow and ensure compliance with our agreements.”

To achieve its goals, CVS Caremark will implement Ariba^® Sourcing^™ On Demand and Ariba Contract Management^™. A unique combination of the technology, expertise and services needed to create effective markets for direct materials and indirect goods and services, Ariba Sourcing On Demand will enable CVS Caremark to negotiate best-value contracts for a wide range of goods and services. With Ariba Contract Management, CVS Caremark can collaboratively create and manage contracts across categories and functions, including sales, finance, marketing, real estate, legal, procurement and IT and drive compliance with agreements on an enterprise-wide basis to ensure that savings negotiated actually reach the bottom line.

"CVS Caremark is uniquely positioned to effectively manage costs and improve health care outcomes,” said Christopher Merchant, Managing Director, Ariba Spend Management Services. "In selecting Ariba’s on-demand solutions the company can streamline its sourcing and procurement processes and generate substantial savings that positively impact its operations and ultimately, the customers they serve.”

About Ariba

Ariba, Inc. is the leading provider of on-demand spend management solutions. Our mission is to transform the way companies of all sizes, across all industries, and geographies operate by delivering technology, service, and network solutions that enable them to holistically source, contract, procure, pay, manage, and analyze their spend and supplier relationships. Delivered on demand, our enterprise-class offerings empower companies to achieve greater control of their spend and drive continuous improvements in financial and supply chain performance. More than 1,000 companies, including more than half of the companies on the Fortune 100, use Ariba solutions to manage their spend from sourcing and orders through invoicing and payment. For more information, visit www.ariba.com

About CVS Caremark

CVS Caremark is the largest provider of prescriptions in the nation. The Company fills or manages more than 1 billion prescriptions annually. Through its unmatched breadth of service offerings, CVS Caremark is transforming the delivery of health care services in the U.S. The Company is uniquely positioned to effectively manage costs and improve health care outcomes through its more than 7,000 CVS/pharmacy and Longs Drugs stores; its Caremark Pharmacy Services division (pharmacy benefit management, mail order and specialty pharmacy); its retail-based health clinic subsidiary, MinuteClinic; and its online pharmacy, CVS.com. General information about CVS Caremark is available through the Investor Relations section of the Company's Web site, at cvscaremark.com/investors, as well as through the press room section of the Company's Web site, at cvscaremark.com/newsroom.

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Ariba Safe Harbor

Safe Harbor Statement under the Private Securities Litigation Reform Act 1995: Information and announcements in this release involve Ariba's expectations, beliefs, hopes, plans, intentions or strategies regarding the future and are forward-looking statements that involve risks and uncertainties. All forward-looking statements included in this release are based upon information available to Ariba as of the date of the release, and we assume no obligation to update any such forward-looking statements. These statements are not guarantees of future performance and actual results could differ materially from our current expectations. Factors that could cause or contribute to Ariba's operating and financial results to differ materially from current expectations include, but are not limited to: the impact of the credit crises on Ariba’s results of operations and financial condition; delays in development or shipment of new versions of Ariba's products and services; lack of market acceptance of Ariba's existing or future products or services; inability to continue to develop competitive new products and services on a timely basis; introduction of new products or services by major competitors; the ability to attract and retain qualified employees; difficulties in assimilating acquired companies, long and unpredictable sales cycles and the deferrals of anticipated orders; declining economic conditions, including the impact of a recession; inability to control costs; changes in the company's pricing or compensation policies; significant fluctuations in our stock price; the outcome of and costs associated with pending or potential future regulatory or legal proceedings; the impact of our acquisitions, including the disruption or loss of customer, business partner, supplier or employee relationships; and the level of costs and expenses incurred by Ariba as a result of such transactions. Factors and risks associated with its business, including a number of the factors and risks described above, are discussed in Ariba's Form 10-Q filed with the SEC on November 25, 2009.