Press Releases from 2009

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Press Releases from 2009

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Concur Unveils New Era Of On-Demand Services With Launch Of Concur Advantage

Company now offering business process management expertise to complement its world-class technology, providing clients with a unique comprehensive SaaS solution

LONDON, England, December 15, 2009 -- Concur (Nasdaq: CNQR), the world's leading provider of on-demand Employee Spend Management services, today announced the launch and immediate availability of Concur® Advantage services – a unique selection of value-added services and support – from project management through help desk support and everything in between – to help clients maximise the value of Concur solutions. Designed to provide guidance and hands-on expertise, Concur Advantage services delivers a full range of consulting, training, configuration and managed services to help clients address every aspect of their Employee Spend Management business processes, accelerate their deployments and to provide ongoing assistance in partnership with Concur experts. Concur Advantage services were developed in response to growing customer demand for a comprehensive approach that alleviates the burden of managing business processes while helping to truly optimise their technology investment.

Concur’s Fourth Quarter And Fiscal 2009 Results Exceed Expectations

15% top line growth and 33% Non-GAAP EPS growth in fiscal 2009 driven by robust client demand

REDMOND, Wash., Nov. 17, 2009 -- Concur (Nasdaq: CNQR), the world's leading provider of on-demand Employee Spend Management services, today reported financial results for its fourth quarter ended September 30, 2009.

Concur reported total revenue for the fourth quarter of fiscal 2009 of $64.8 million, driven by subscription revenue which was up 13% from the year-ago quarter. Total revenue for the quarter was also up 13% from the year-ago quarter. Fiscal 2009 fourth quarter net income was $5.9 million, or $0.11 per share, exceeding company expectations. This compares to net income of $5.6 million, or $0.11 per share, in the year-ago quarter.

Concur Announces CFO’s Plan To Retire In Fiscal 2010

Executive to remain in his current role throughout the search and full transition process

REDMOND, Wash., Nov. 17, 2009 -- Concur (Nasdaq: CNQR), the world's leading provider of on-demand Employee Spend Management services, today announced that CFO John Adair expects to retire from his position during fiscal 2010 in order to attend to family needs. Until a successor is named and the transition process is complete, Mr. Adair will continue to serve as Concur’s CFO; there are no plans to change the day-to-day operations of the company.

Concur Announces CFO’s Plan To Retire In Fiscal 2010

Executive to remain in his current role throughout the search and full transition process

Concur Mobile For iPhone Now Available on Apple’s App Store

Free mobile application enables Concur Travel & Expense clients to easily change or update itineraries, capture expenses and approve expense reports – all from their iPhone