CNQR. Big news. Sorry if already posted. Russ
Thursday February 10, 8:13 am Eastern Time
Company Press Release
Leading Internet and Technology Companies Select Concur eWorkplace.com for Outsourced eCommerce Capabilities
Companies of All Sizes to Benefit From Best-of-Breed Functionality, Instant Deployment and Rapid Return on Investment
REDMOND, Wash.--(BUSINESS WIRE)--Feb. 10, 2000-- Concur Technologies (Nasdaq:CNQR - news), the leading provider of business-to-business workplace eCommerce solutions, announced today that Adauction.com, Allied Telesyn International, Avesta Technologies, Inc., Clinicor, Inc., and TeleCommute Solutions have joined the growing list of companies that have selected Concur eWorkplace.com(TM), the outsourced, Internet-based version of Concur's market-leading Intranet solution suite, Concur eWorkplace(TM).
Concur eWorkplace.com is the most comprehensive and powerful solution of its kind. Customers benefit from anytime access to every component of Concur's workplace eCommerce solutions, including procurement, travel management, and human resources self-service. As a result, companies of all sizes, including the largely untapped small and middle market, gain best-of-breed functionality for business critical tasks with instant deployment and low upfront costs for a rapid return on investment.
``Concur's outsourced solution is uniquely positioned to provide a best-of-breed Internet service to companies seeking a quick and cost-effective method of automating the inefficient activities that employees perform on a daily basis,' said Bruce Chatterley, president of the Small and Middle Enterprise Market Division for Concur. ``We have seen tremendous support for our Internet outsourced solution since its introduction merely four months ago, and are proud to support such a large and diverse client roster spanning businesses from virtually every industry. We are especially pleased that these companies have chosen Concur to meet their business needs.'
Delivered directly to the desktop via standard Internet connections, (via a Web browser -- Microsoft Explorer or Netscape Navigator 4.0 -- without additional hardware requirements), employees are able to access Concur eWorkplace.com at any time, from any location -- whether it be the home, the office, or on the road. Concur eWorkplace.com eliminates costly implementation, IT infrastructure, and maintenance requirements, providing enhanced employee productivity for the fastest possible return on investment.
For more information on capturing the benefits of business-to-business workplace eCommerce for your business, call 1-877-I-CONCUR or visit the company's Web site at www.concur.com.
About Concur Technologies
Concur Technologies, Inc.(TM) (www.concur.com) is the leading provider of business-to-business workplace eCommerce solutions that automate costly and inefficient business processes among employees, partners, suppliers, and service providers. Its flagship product, Concur eWorkplace, integrates Concur's suite of workplace eCommerce solutions -- corporate procurement, human resources self-service, travel and entertainment expense management, and travel booking -- through a common business portal. The Concur eWorkplace suite is available in two distinct models: licensed and ASP. Both models enable users to access critical information and services thus reducing operating costs, increasing productivity, and improving supplier management. Concur's customer base is comprised of more than 320 companies, representing over 2.4 million employees, across more than 20 countries. AT&T, Baxter International, DaimlerChrysler, Exxon, and Pfizer are among the companies that have selected Concur's workplace eCommerce solutions. Concur's global trading network, Concur Commerce Network, links buyers throughout the workplace together with suppliers to conduct business-to-business eCommerce in real time. Concur's Global Alliance Network is comprised of over 50 world-class organizations including ADP, American Express, Exodus, KPMG, Microsoft, and Nortel Networks.
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; difficulties associated with new products; and 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.
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