To: Ron Pratt who wrote (66486 ) 1/25/2000 9:02:00 AM From: marquis103 Read Replies (1) | Respond to of 108040
CNQR news. Russ Tuesday January 25, 8:15 am Eastern Time Company Press Release Concur eWorkplace.com Gains Momentum in Rapidly Expanding ASP Market Corporations Across a Broad Range of Industries Validate Concur's Outsourced Product Offering REDMOND, Wash.--(BUSINESS WIRE)--Jan. 25, 2000--Concur Technologies (Nasdaq:CNQR - news), the leading provider of business-to-business workplace eCommerce solutions, announced today that 35 companies selected Concur eWorkplace.com(TM), its leading outsourced suite of business-to-business workplace eCommerce solutions. Among the partial list of customers selecting Concur's hosted solution are: Airgas South, ATL Products, Atrium Medical Corp., Cold Metal Products, Indiana State Teachers Association, Integrated Development Enterprise, Javelin Systems, Pentacon Aerospace Group, Quaker Chemical Corp., Ranger Insurance, Tutor Time, and University HealthSystem Consortium. ''The Yankee Group has estimated that the enterprise applications hosting services market this year will exceed $5 billion, and with the highly successful debut of our hosted offering, we are well-positioned to capitalize on this opportunity,'' said Bruce Chatterley, president of the Small and Middle Enterprise Market Division for Concur Technologies. ''Our outsourced eCommerce solutions offer tremendous value to these customers and others in the small and middle market.'' Concur eWorkplace.com harnesses the power of the Internet to offer a completely outsourced eCommerce suite of solutions in an easy, and affordable, system. Using an Internet connection and a browser, employees are able to access Concur eWorkplace.com from any location -- whether at home, the office, or on the road -- at anytime to manage all aspects of their business-to-business eCommerce processes. The solution offers low cost implementation, reduced IT maintenance requirements, and enhanced employee productivity for a fast return on investment.