To: sam who wrote (80617 ) 3/1/2000 8:54:00 AM From: marquis103 Respond to of 108040
CNQR. 3 more contracts. Looking good. Russ Wednesday March 1, 8:12 am Eastern Time Company Press Release Concur Solution Selected by Proxicom, Ryan Herco, and Sagent Solution to Deliver Business-to-Business eCommerce Functionality, Rapid Deployment, and Fast Return on Investment REDMOND, Wash.--(BUSINESS WIRE)--March 1, 2000-- Concur Technologies (Nasdaq:CNQR - news), the leading provider of business-to-business workplace eCommerce solutions, announced today that Proxicom, Inc. (Nasdaq:PXCM - news), Ryan Herco Products Corp., and Sagent Technology, Inc. (Nasdaq:SGNT - news) have selected Concur eWorkplace.com(TM) to accelerate the benefits of Web-based eCommerce technology. Concur eWorkplace.com harnesses the power of the Internet to offer a completely outsourced suite of applications in an easy and affordable solution. The solution offers best-of-breed functionality for business critical tasks with rapid deployment and low upfront costs for fast return on investment. Sagent Technology, a leading provider of e-business analytic applications and services, selected Concur eWorkplace.com for the enhanced communication, increased productivity, and decreased costs the solution provides. ``By using Concur eWorkplace.com, Sagent expects to decrease its costs considerably and devote the saved resources to revenue generating activities,' said Virginia Walker, chief financial officer, Sagent Technology. ``We look forward to realizing the benefits that an outsourced solution can bring.' Customers benefit from anytime, anywhere access to Concur's suite of workplace eCommerce solutions. Delivered directly to the desktop via standard Internet connections, without additional hardware or software requirements, Concur eWorkplace.com eliminates costly implementation, IT infrastructure, and maintenance requirements, and provides 24/7 access to Concur's workplace eCommerce solutions. Ryan Herco, a leading distributor of fluid flow products, expects to offer employees greater timesavings and process ease in travel management with Concur eWorkplace.com. ``Our employees face a very manual, time-consuming, and generally archaic process,' said Dan Ginnetti, controller, Ryan Herco Products. ``With Concur eWorkplace.com we expect to offer employees an easier travel and expense management process, which should bring a timely and more accurate system to Ryan Herco. Additionally, we expect to save our accounting department three days of processing each month with this solution.' ``The success of our Internet outsourced solution is evident in the overwhelming support by the dozens of companies spanning many vertical markets that have selected Concur eWorkplace.com,' said Bruce Chatterley, president, Concur Small and Middle Enterprise Market Division. ``We are pleased that these market leaders have selected Concur to meet their needs for a best-of-breed Web solution.' 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. A