2008 Concur Annual Report

2008 Milestones

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2008 Business Highlights
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Fiscal Year 2008 Q1 Business Highlights

Concur announces first quarter revenue up 69% year-over-year.

Concur completes its acquisition of privately-held H-G Holdings, Inc. and its subsidiaries, including Gelco Information Network, Inc., the owner of Gelco Expense Management.

Concur announces the general availability of Concur Travel & Expense, the industry-first innovation featuring Smart Expenses™ that completely shatters the notion of the traditional expense report by enabling One Touch Business Travel™.

Concur announces that IHG Properties is now delivering e-receipts directly into Concur Travel & Expense through Concur Connect - a global program connecting Concur clients, representing over $35 billion of spend, to suppliers from around the world.

Fiscal Year 2008 Q2 Business Highlights

Concur announces second quarter revenue up 74 percent year-over-year.

Concur launches Concur Travel & Expense in EMEA, pioneering a new era of One Touch Business Travel™ for clients throughout Europe.

Concur launches Concur Pay, the on-demand service that enables clients to automatically transfer payments to corporate card providers and to employees requiring reimbursement, virtually eliminating human intervention.

Concur selected as the winner of the prestigious 'Expense Management Service' award at the 14th annual Business Travel World Awards 2008 event in London.

Concur CEO and company chairman Steve Singh named among the 25 most influential executives in the business travel industry by Business Travel News.

Concur becomes the first technology company named as an NBTA Foundation Premier Partner.

Concur opens German, French and Belgian offices to further expand its European presence.

Concur appoints Randall H. Talbot to its Board of Directors.

Concur announces that Choice Hotels is now delivering e-receipts directly into Concur Travel & Expense through Concur Connect.

Fiscal Year 2008 Q3 Business Highlights

Concur announces third quarter revenue up 65 percent year-over-year.

Concur unveils the next generation of corporate travel spend analytics capabilities powered by Cognos, enabling clients to automatically reconcile travel bookings to actual spend at the line-item level – all from one seamless service accessing an integrated source of data.

Concur announces the availability of seamless connectivity with RideCharge – a service that lets business travelers electronically book, pay and get reimbursed for metropolitan taxi, sedan and shuttle transportation automatically through Concur® Travel & Expense.

Concur ranked No. 13 on Fortune Small Business’ 100 Fastest Growing Small Public Companies list.

Concur president and COO Rajeev Singh named to the Business Travel World Top 50.

Concur ranked No. 4 on The Seattle Times Northwest 100 list.

Concur named as one of Washington’s 100 Best Places to Work by Washington CEO Magazine.

Concur recognized as one of Aberdeen Group’s Top 100 Most Influential Technology Vendors for 2008.

Concur chosen as the Eastside Business of the Year by the Puget Sound Business Journal

Concur’s director of travel management, Suzanne Fletcher, named as one of Forbes 25 Most Influential Women in Travel.

Concur’s executive vice president, product & services strategy, Tom DePasquale, named NBTA’s 2008 Allied Member of the Year.

Concur ranked No. 3 on CIOZone’s 60 Fastest Growing Software Companies list

Concur appoints Rajeev Singh to its Board of Directors.

Concur announces the addition of several industry-leading suppliers – including Avis/Budget, Sixt, SNCF, SWABIZ, Volaris, Interjet – to the growing list of direct connect and e-receipt vendors participating in Concur Connect.

Fiscal Year 2008 Q4 Business Highlights

Concur announces fourth quarter revenue up 61 percent year-over-year.

American Express Company and Concur enter into an alliance involving both an exclusive marketing partnership and a strategic investment of $251 million by American Express in Concur.

Concur unveils a number of options for travel managers to understand and manage the impact of carbon emissions generated by their business travelers.

Concur ranked No. 184 in Software Magazine’s 26th annual list of the world’s largest software and service providers.

Concur ranked No. 54 on Fortune magazine’s 100 Fastest-Growing Companies list.

Concur ranked No. 12 on Washington CEO Magazine’s Top 50 High Tech Firms in Washington list.

Concur chosen as the Most Admired Technology Company in The Beat Readers Poll.

Concur® Cliqbook Travel named the No.1 preferred online booking tool based on a survey of corporate travel buyers, by Business Travel News.

Concur announces its customer base exceeds 8,000 clients.

Concur Appoints Ed Gilligan to its Board of Directors. American Express executive brings tremendous corporate payment and business travel expertise to the company.

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