Blur : Major expansion of global spend management platform

blur Group plc

("blur Group", the "Group" or the "Company")

10 October 2016

Business goods now available alongside services on market-leading B2B Enterprise Marketplace

blur Group plc (AIM:BLUR), the market-leading Enterprise Services Platform & Marketplace, today announces a major addition to its online Marketplace allowing organisations to source goods alongside business services for the first time.

blurgroup.com now offers complete solutions for everything from marketing campaigns and legal services to engineering components and computer hardware from over 65,000 vetted service providers and suppliers for business services and goods.

Responding to customer requests and demands of the market, the major new development builds on extensive experience of operating a global online marketplace for complete end-to-end sourcing and management for an array of business services.

Philip Letts, blur Group CEO, commented:

"We are delighted to announce the next phase of blurgroup.com as we respond to the market need by introducing one Marketplace for both business goods and services across the world. The learning and technology, that has enabled us to develop a state-of-the-art solution for end-to-end business services, is now available for the first time for business goods.

"Corporate organisations have been asking us to extend our offering beyond services, because they want to be able to implement a single end-to-end solution to drive savings across a broader range of their indirect spend. This major development uses the same proven cloud platform and technology and means we can now work within a much wider market ourselves.

"We know that the adoption of B2B Marketplaces leads to improved internal efficiencies and savings across an organisation, and we know that cost reduction remains the number one priority for CEOs. As a procurement partner to many enterprises, we are already seeing the considerable savings being achieved both in the short and longer-term through effective buying of business services. Now we expect to see the same benefits realised through the buying of goods."

* blur defines the Enterprise as a business with 50 or more employees

blur Group plc investors@blurgroup.com

Tim Allen Tel: +44 (0) 1392 927618

Shaun Dobson/Jen Boorer N+1 Singer

Tel: +44 (0) 20 7496 3000

Alistair de Kare-Silver Yellow Jersey PR

Tel: +44 (0) 7825 916715

Since 2010, blur Group has been helping enterprises worldwide eliminate waste and inefficiency in their indirect procurement process through its market leading Enterprise Services Platform & Marketplace. To date over 65,000 businesses, including companies like, Tesco, Danone, Trinity Mirror, and PwC, have adopted blur's platform to either buy or sell services online submitting over $500m of services requirements to blur Group's platform.

blur Group is a public company listed on the London Stock Exchange's AIM market (BLUR) and is headquartered in the UK with regional sales offices in the US and Europe.