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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Bryan who wrote (66566)10/20/1999 8:39:00 AM
From: JakeStraw  Respond to of 90042
 
If CS was bought for green stamps I could get that vinyl lawn furniture I have always dreamed of... :^)



To: Bryan who wrote (66566)10/20/1999 9:16:00 AM
From: kathyh  Read Replies (1) | Respond to of 90042
 
cs... taco bell or green stamps would be just fine... anything...

i think we were talking about cnqr last week... it is one i've been watching for signs of a bottom...

Wednesday October 20, 8:15 am Eastern Time
Company Press Release
Leading Communications Companies Choose Concur eWorkplace.com
AVT, Mediacom, Unitrin Data Systems Select Concur eWorkplace.com for Internet Outsourced Workplace eCommerce Capabilities
REDMOND, Wash.--(BUSINESS WIRE)--Oct. 20, 1999-- Concur Technologies (Nasdaq:CNQR - news), a leading provider of workplace eCommerce solutions, announced today that AVT Corporation (Nasdaq:AVTC - news), Mediacom LLC, and Unitrin Data Systems have selected Concur eWorkplace.com(TM) (www.concureworkplace.com), and will use the Concur Expense(TM) and Concur Travel Network(TM) modules within Concur's eCommerce business portal.

Concur eWorkplace.com automates everyday business processes for reduced operating costs and increased employee productivity.

''The introduction of Concur eWorkplace.com has set the precedent for Internet outsourced workplace eCommerce solutions,'' said Bruce Chatterley, executive vice president of eServices for Concur. ''With our solution we can offer companies rapid deployment and low up-front costs for increased productivity and fast ROI. We are pleased that AVT, Medicom, and Unitrin have joined the growing list of more than 25 companies that have signed on as customers.''

Travelers are able to access Concur eWorkplace.com from any location, whether at home, the office, or on the road, to manage all aspects of their travel planning, booking, and expense reporting processes. Concur Expense, the expense reporting functionality within Concur eWorkplace.com, enables employees to efficiently use their time to submit accurate expense reports in compliance with corporate policy.

''We found Concur eWorkplace.com to be a very attractive solution in that it offered us more features and functionality than any system we could manage in-house,'' said Linda Kuehl, corporate controller, AVT. ''We expect to quickly streamline our manual expense reporting process for improved policy compliance, faster expense reimbursement, and greater control.''

Through Concur eWorkplace.com, companies have anytime, anywhere access to Concur's workplace eCommerce solutions, including Concur Expense for travel and entertainment expense management, Concur Travel Network for travel booking, Concur Procurement(TM) for business-to-business eCommerce, and Concur Human Resource(TM) for human resource self-service. Delivered directly to the desktop via standard Internet connections, Concur eWorkplace.com offers low cost implementation, IT infrastructure, and maintenance requirements for a fast return on investment to businesses of any size.

AVT, Mediacom, and Unitrin Data Systems join the more than two dozen companies across a wide variety of industries that have selected Concur eWorkplace.com, including Chas. Levy, DoubleClick Inc, Ocean Spray Cranberries, Inc., and Sonoma Systems Corp.

About Concur Technologies

Concur Technologies, Inc.(TM) (www.concur.com) is a leading provider of workplace eCommerce solutions that automate costly and inefficient business processes among employees, partners, suppliers, and service providers. Its flagship products, Concur eWorkplace(TM) and Concur eWorkplace.com(TM) (www.concureworkplace.com), integrate Concur's suite of workplace eCommerce solutions -- business-to-business eCommerce, human resource self-service, travel and entertainment expense management, and travel booking -- through a common business portal. Both products enable users to access critical information and services thus reducing operating costs, increasing productivity, and improving supplier management. Concur has licensed its solutions to more than 1.8 million desktops in over 235 companies worldwide. Customers include AT&T, Baxter Health, DaimlerChrysler, Exxon, and Pfizer. Concur's Global Alliance Network is comprised of over 50 world-class organizations including ADP, American Express, Exodus, and Microsoft.

All company or product names are trademarks and/or registered trademarks of their respective owners.

This press release contains forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from current expectations. Statements made in this release that relate to future plans, events or performances or statements containing words such as ''believes,'' ''anticipates,'' ''plans,'' or ''expects'' are forward-looking statements. These statements are based on current expectations and involve risks and uncertainties. Factors that could cause or contribute to actual results differing from current expectations include, but are not limited to uncertainty of market acceptance of the Company's products, including the eWorkplace.com products designed for the small and middle market; risks associated with expansion into new markets; difficulties associated with new products; risks associated with the Company's distribution model.

Please refer to the Company's public filings made with the Securities and Exchange Commission (http://www.sec.gov) for additional and more detailed information on risk factors that could cause actual results to differ materially from current expectations. Concur assumes no obligation to update the forward-looking information contained in this press release.

For Sales or Marketing Information:

Concur Technologies, 6222 185th Avenue NE, Redmond, WA 98052

425/702-8808 phone

425/702-8828 fax

URL: www.concur.com

businesswire.com

--------------------------------------------------------------------------------
Contact:

Concur Technologies, Inc.
Press Contacts
Christina Schuetz, 425/497-5929
christinas@concur.com
or
Niehaus Ryan Wong
Dave Gutierrez, 650/827-7054
gdavid@nrwpr.com
or
Concur Technologies, Inc.
Investor Contact
Kira Bacon, 425/497-7342
kirab@concur.com

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