Concur Technologies to Present at Piper Jaffray Technology Conference

REDMOND, Wash., May 18, 2004 - Concur Technologies, Inc. (NASDAQ: CNQR), the leading provider of Corporate Expense Management solutions, today announced that Steve Singh, president and CEO, and John Adair, CFO for Concur Technologies, will present at the Piper Jaffray Technology Conference, taking place at the Palace Hotel in New York City on Thursday, May 20th, 2004 at 1:10PM EST. The live webcast and a replay of the presentation will be available at www.concur.com.

About Piper Jaffray & Co.
Headquartered in Minneapolis, Piper Jaffray & Co., a subsidiary of Piper Jaffray Companies (NYSE: PJC), is a focused securities firm dedicated to delivering superior financial advice, investment products and transaction execution within selected sectors of the financial services marketplace. The company operates through two primary revenue-generating segments - Capital Markets and Private Client Services. Investment Research, an independent group reporting to the CEO, supports clients of both segments. The firm serves corporations, government and non-profit entities, and institutional investors on a national basis and serves the financial advisory needs of private individuals predominantly across the western half of the United States. The firm has more than 3,000 employees in 111 offices in 23 states across the country and in London, England. For more information about Piper Jaffray, visit us online at www.piperjaffray.com.

Investor Contact:
John Adair, Concur Technologies, Inc., 425-497-6439, johna@concur.com

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