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Press ReleasesFrom the vault of Vendormate

Vendormate Appoints Mark Buffington to Board of Directors

Atlanta, GA March 15, 2007 – Vendormate, the vendor relations management expert for healthcare, announced today the appointment of Mark A. Buffington, Managing Director and CEO of Peachtree Financial Management, LLC, to its Board of Directors.

“Mark Buffington’s background in business credit underwriting and healthcare make for an ideal, active Board Member for Vendormate. As we continue to build on our leadership position in the business credentialing and compliance monitoring space, Mark will play an integral role in the continuing development of our patent-pending Risk Profile Rating Engine,” said Andy Monin, Chairman and CEO, Vendormate.

“This is an exciting time for me to join the Vendormate team,” said Mr. Buffington. “I am honored to serve on the board and I look forward to helping Andy and his team to create the most trusted source in business for vendor credentialing and monitoring.”

Mr. Buffington is the Managing Director and CEO of Peachtree Financial Management, LLC (PFM), an Atlanta-based registered investment advisory that he founded in 2005. PFM provides high-net worth investors and institutions with a unique blend of investment products, including private-equity investments. In addition to serving as a Vendormate Board Member, Mr. Buffington also serves on the Board of Directors of Ingenious Med, Inc., the inpatient practice management experts headquartered in Atlanta, GA.

Prior to forming PFM, Mr. Buffington was a General Partner and Managing Member of Phoenix Partners, LP, an equity options trading firm based in San Francisco. Before Phoenix Partners, Mr. Buffington worked at Citibank where he underwrote credits for small businesses and helped Citibank streamline its small business lending strategy through the use of credit scoring and advanced analytical tools. Mr. Buffington’s expertise in developing and optimizing funding led to a dramatic increase in loan production, portfolio performance, and division profitability.

About Vendormate, Inc.

Vendormate protects the health of your supply chain with a unique vendor credentialing and compliance monitoring solution. Using proprietary software for vendor registration, screening, rating and cataloging, the program assures compliance with both internal policies and government mandates, including HIPAA and Stark Law. Registered vendors are evaluated against your custom criteria and continuously monitored for non-compliance. Also the integrated badging feature controls access to your facilities. For more information call 1-877-483-6368, go to www.vendormate.com or visit our blog at vendorcompliance.wordpress.com.

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