PurchasePro to Report First Quarter Results on April 26, 2001

Will Host Conference Call the Same Day


LAS VEGAS, APRIL 25, 2001 (PRIMEZONE) -- PurchasePro (Nasdaq:PPRO), a leading enabler of business-to-business e-commerce solutions for companies of all sizes, today said that the company has rescheduled reporting of its financial results for the first quarter ended March 31, 2001 to Thursday, April 26, 2001, before the opening of the market. The company also said that it will host a conference call that same morning at 5:15 a.m. (PDT), 8:15 a.m. (EDT).

The company's conference call will be Webcast, in real time, through its corporate Website at www.purchasepro.com. The conference call will be available for replay at 888-203-1112 domestically and 719-457-0820 internationally, beginning April 26, 2001 at approximately 8:15 a.m. (PDT) ending May 9, 2001 at midnight (PDT). The access code for the replay is 417670.

The Webcast will remain accessible at the company's corporate Website throughout the second quarter.

About PurchasePro

PurchasePro (Nasdaq:PPRO), a leader in business-to-business e-commerce, operates the PurchasePro global marketplace that encompasses more than 140,000 businesses and powers hundreds of marketplaces with its highly scalable, browser-based e-commerce engine.

PurchasePro enables businesses of all sizes to easily buy and sell products and services, competing more effectively by enhancing sales opportunities, reducing procurement costs and greatly increasing employee productivity. PurchasePro offers the following e-commerce solutions: e-Procurement for corporate procurement, v-Distributor for online distributors and e-MarketMaker for Internet market makers.

The company provides extensive support and training programs. For information, call toll free at (888) 830-4600 or in Las Vegas at (702) 316-7000 or visit www.purchasepro.com.

NOTE TO EDITORS: PurchasePro is a servicemark of PurchasePro.com, Inc. All other trademarks or registered trademarks are the property of their respective owners. This press release includes forward-looking statements which are subject to the "Safe Harbor" created by Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements (which involve the company's plans, beliefs and goals, refer to estimates or use similar terms) involve certain risks and uncertainties, including the risks and uncertainties associated with rapidly changing technologies such as the Internet, the risks of technology development and the risks of competition that can cause actual results to differ materially from those in the forward looking statements. These forward-looking statements represent only the views of certain members of management and do not necessarily represent a consensus of all employees and managers within the company. Moreover, those forward-looking statements are based on limited information available to us now, which is subject to change. It should be clearly understood that the factors and perceptions on which these forward-looking statements are based are highly likely to change over time and that we have no current plan to update these statements. Actual results may differ substantially from what we say today and no one should assume at a later date that the forward-looking statements provided herein are still valid. They speak only as of today. For more information about these risks and uncertainties, see the SEC filings of PurchasePro, Inc., including the section entitled "Factors That May Affect Results" in its 10-K filing for the period ended December 31, 1999 and its 10-Q for the quarter ended September 30, 2000, which is available from the company on request and on the Internet at the SEC's Website, www.sec.gov.



            

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