Press release

Periscope Holdings Announces Successful Go Live of eProcurement at MMCAP

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Sponsored by Businesswire

Periscope
Holdings
announced today that the Minnesota
Multistate Contracting Alliance for Pharmacy (MMCAP)
has
successfully gone live with BuySpeed eProcurement technology.

MMCAP is using Periscope’s BuySpeed
eProcurement platform
to manage its sourcing of a full range of
pharmaceuticals, vials and containers, medical supplies, drug testing,
returned goods processing, influenza vaccine, and dental supplies. Later
this summer, MMCAP will roll-out Periscope’s new Marketplace where MMCAP
members will be able to search and order contracted products and
services leveraging MMCAP’s GPO pricing.

“We are proud to welcome MMCAP to the Periscope Holdings family of
customers,” said Brian Utley, CEO of Periscope Holdings. “It is exciting
to align with a co-operative that, like us, is focused on saving state
and local governments money. Today’s announcement marks the first step
toward a new Marketplace at MMCAP that will streamline the shopping
experience for government buyers, while ensuring they receive best value
on health care products. We commend MMCAP for embracing technology to
benefit its members.”

To learn more about the MMCAP project, email info@periscopeholdings.com

About MMCAP

The Minnesota Multistate Contracting Alliance for Pharmacy (MMCAP) is a
free, voluntary group purchasing organization for government facilities
that provide healthcare services. MMCAP has been delivering pharmacy and
healthcare value to members since 1985. MMCAP’s membership extends
across nearly every state in the nation, delivering volume buying power.
Members receive access to a full range of pharmaceuticals and other
healthcare products and services, such as medical supplies, influenza
vaccine, dental supplies, drug testing, wholesaler invoice auditing, and
returned goods processing.

About Periscope Holdings

Founded in 2001, Periscope Holdings is transforming public sector
procurement with technology and solutions for both buyers and suppliers.
Buyer solutions include BuySpeed eProcurement, BidSync Source
cloud-based eSourcing, NIGP Code and NIGP Consulting. Supplier solutions
include BidSync government bid notification tools. Driven by a purpose
to eradicate waste and maximize the value of every dollar spent,
Periscope Holdings is trusted by more than 1 million suppliers and
powers more US government eProcurement systems than other eProcurement
provider. Visit www.periscopeholdings.com
to learn more.