Tuesday June 27, 8:03 am Eastern Time
Company Press Release
SOURCE: Concur Technologies
Concur Technologies Named to Software
Magazine's 18th Annual 'Software 500'
REDMOND, Wash., June 27 /PRNewswire/ -- Concur Technologies (Nasdaq: CNQR - news), a
leading provider of business-to-business solutions, announced today that it has been named to
Software Magazine's 18th Annual ``Software 500.'' Software Magazine, which ranks the world's
leading software providers, recently unveiled its annual ranking of public and private companies
that develop and market software and services for a wide variety of industries.
``Ever-increasing R&D-spending by the Software 500 companies is fueling the Internet
economy,'' said John Desmond, Software Magazine's editorial director. ``The CIOs, senior IT
and e-business managers who read Software Magazine value this unique issue as a yearly
benchmark of the standing of their product and service partners. And each year, as suppliers
consolidate and new markets emerge, the composition of the Software 500 ranking reflects those
changes.''
``We are very pleased to once again be included in the Software 500,'' said Steve Singh,
chairman and CEO for Concur Technologies. ``Our ranking of 248 based on total worldwide
software and service revenue for 1999 reaffirms the success we continue to experience with our
business-to-business solutions.
``Software Magazine's annual compendium of software and services suppliers catalogs the
ranking, financial performance and growth, and primary business sector for each company, as
well as trend information for the Software 500 as a whole. The Software 500 is a
comprehensive look at the enterprise software landscape, encompassing both public and private
companies that develop business software and services. The ranking is based on total
worldwide software and services revenue for 1999. Suppliers are not ranked on their total
corporate revenue, since many others have other lines of business. Software revenue includes
license fees, as well as maintenance and support revenue, professional services/consulting, and
custom programming. The financial information is based on the calendar year and was gathered
from Software Magazine's vendor survey, public documents and industry analysts.
A complete list of the Software 500 companies of 2000 can be found at www.softwaremag.com.
This year, the list can be searched and sorted by primary business sector, in addition to the
financial ranking and alphabetical list. A copy of the June/July issue of Software Magazine can
be obtained by calling 888-764-6614.
Fluff but news anyways
Neil |
