Press Releases from 2007
Concur Establishes Long Term Commitment to Environment, Pledges $200,000 to Conservation International
REDMOND, Wash., December 13, 2007 - Concur (NASDAQ: CNQR), the world's leading provider of on-demand Employee Spend Management services, today announced that the company will donate $200,000 to Conservation International (CI), to support CI’s efforts to protect the Earth's biological diversity around the world.
Concur to Present at the Credit Suisse 2007 Annual Technology Conference
REDMOND, Wash., November 21, 2007 - Concur (NASDAQ: CNQR), the world's leading provider of on-demand Employee Spend Management services, today announced that company chairman and CEO, Steve Singh, and Executive Vice President, Corporate Development John Torrey, will deliver a presentation on behalf of the company at the Credit Suisse 2007 Annual Technology Conference on Wednesday, November 28th at 9:30am MST at The Phoenician in Scottsdale, Arizona.
Concur Announces Record Revenue and Earnings for Fourth Quarter and Fiscal 2007
REDMOND, Wash., November 19th, 2007 -Concur (NASDAQ: CNQR), the world’s leading provider of on-demand Employee Spend Management services, today reported financial results for its fourth quarter and fiscal year ended September 30, 2007.
Concur Pioneers New Era of One Touch Business Travel With Launch of Concur Travel & Expense
The power of Smart Expense revolutionizes how companies manage their employee spend
PHOENIX, Arizona, November 13, 2007 - Concur (Nasdaq: CNQR - News), the world's leading provider of on-demand Employee Spend Management services, today announced the availability of Concur® Travel & Expense - the next-generation travel and expense management service - at the 2007 Concur International User Conference.
Concur Chairman & CEO Steve Singh to Unveil Vision for Transforming The Business Travel Supply Chain
REDMOND, Wash., November 7, 2007 -Concur (NASDAQ: CNQR), the world’s leading provider of on-demand Employee Spend Management services, today announced that chairman and CEO Steve Singh will deliver the opening keynote at the 5th annual Concur International User Conference on Tuesday, November 13 at 8:30 a.m. Mountain Standard Time at the JW Marriott Desert Ridge Resort and Spa in Phoenix, Ariz.
Concur Sponsors End-to-End Travel and Expense Webinar on Tuesday, November 6
REDMOND, Wash., October 25, 2007 - Concur (NASDAQ: CNQR), the world's leading provider of on-demand Employee Spend Management services, today announced that it will host a free Webinar on Tuesday, November 6 at 2 p.m. ET entitled, "End-To-End Travel & Expense: Revolutionizing Corporate Travel Management". Join Kirk Lewis, Associate Publisher for T&E Magazine and Concur client RiskMetrics for this free Webinar.
Concur Drives End-To-End Travel & Expense Management Discussion At The ACTE Global Education Conference In Munich
LONDON, England, October 22, 2007- Concur (NASDAQ: CNQR), the world's leading provider of on-demand Employee Spend Management services, is taking the lead in demonstrating the power of a truly global, end-to-end travel and expense management solution at the Association of Corporate Travel Executives Global Education conference in Munich October 21st – 23rd, booth number 107.
Concur Opens Office in Czech Republic, Broadens Global Presence
PRAGUE, Czech Republic, October 11, 2007 - Concur (NASDAQ: CNQR), the world's leading provider of on-demand business services that automate Employee Spend Management, today announced the opening of its Prague, Czech Republic office, strengthening the company's global capabilities and solidifying its presence in Europe. Concur's Prague office will include sales, marketing, engineering, and client support staff, focusing on delivering products and services that are tailored to its European-based partners and customers.
Concur Completes Acquisition of Gelco
REDMOND, Wash., October 1, 2007 - Concur (NASDAQ: CNQR), the world's leading provider of on-demand Employee Spend Management services, announced that it has completed the acquisition of privately held H-G Holdings, Inc. and its subsidiaries, including Gelco Information Network, Inc., the owner of Gelco Expense Management (Gelco). Gelco provides a wide range of expense management services to its clients, including ExpenseLink. Concur expects the acquisition to be accretive to pro forma earnings in fiscal 2008.
Concur to Present at the Jefferies Technology Conference
REDMOND, Wash., September 27, 2007 - Concur (NASDAQ: CNQR), the world's leading provider of on-demand Employee Spend Management services, today announced that company chairman and CEO, Steve Singh, will deliver a presentation on behalf of the company at the Jefferies Technology Conference at 10:10 am ET on Tuesday, October 2 at Mandarin Oriental Hotel in New York, NY. The live webcast and a replay of the presentation will be available for a limited time at http://www.concur.com/investors.
Concur Announces Pricing of Public Offering of 4,700,000 Shares of Common Stock
REDMOND, Wash., September 25, 2007 - Concur (NASDAQ: CNQR), the world’s leading provider of on-demand Employee Spend Management services, today announced that it priced its offering of 4,700,000 shares of common stock in a registered public offering at a price to the public of $28.50 per share.
Concur Announces Public Offering of Common Stock
REDMOND, Wash., September 14, 2007 - Concur (NASDAQ: CNQR), the world's leading provider of on-demand Employee Spend Management services, today announced that it intends to offer up to 4,700,000 shares of its common stock in a registered public offering. Concur intends to use the net proceeds from this offering, together with funds drawn under a proposed extension of its existing credit facility, to fund the consideration for its proposed acquisition of privately-held H-G Holdings, Inc.
Gelco Acquisition Ahead of Schedule; Company Provides Guidance for Fiscal 2008
REDMOND, Wash., September 14, 2007 - Concur (NASDAQ: CNQR), the world's leading provider of on-demand Employee Spend Management services today announced updated guidance for the fiscal quarter and year ending September 30, 2007, as well as details on the expected timing of the company’s acquisition of privately-held H-G Holdings, Inc.
Concur to Present at the 2007 RBC Capital Markets North American Technology Conference
REDMOND, Wash., August 2, 2007 - Concur (NASDAQ: CNQR), the world's leading provider of on-demand Employee Spend Management services, today announced that company chairman and CEO, Steve Singh, will deliver a presentation on behalf of the company at the 2007 RBC Capital Markets North American Technology Conference at 10:00 am PT on Thursday, August 9th at The Four Seasons Hotel in San Francisco, California. The live webcast and a replay of the presentation will be available for a limited time at www.concur.com/investors.
Concur Exceeds Revenue and Earnings Expectations for 3rd Quarter Fiscal 2007
REDMOND, Wash., August 1, 2007 - Concur (NASDAQ: CNQR), the world's leading provider of on-demand Employee Spend Management services today reported financial results for its third fiscal quarter ended June 30, 2007.
Concur Agrees to Acquire Gelco
REDMOND, Wash., July 30, 2007 - Concur (Nasdaq: CNQR), the world's leading provider of on-demand Employee Spend Management services, announced that it has agreed to acquire privately-held H-G Holdings, Inc. and its subsidiaries, including Gelco Information Network, Inc., the owner of Gelco Expense Management (Gelco). Gelco provides a wide range of expense management services to its clients, including ExpenseLink. Concur expects the acquisition to be accretive to pro forma earnings in fiscal 2008.
Marquee Organizations Select Concur's On-Demand Services to Streamline Travel and Expense Management
REDMOND, Wash., July 25, 2007 - Concur (Nasdaq: CNQR), the world's leading provider of on-demand business services that automate Employee Spend Management, today announced key contracts awarded in the third quarter of fiscal 2007 that helped push the company's customer base over the 5000 client plateau. Agility, Akebono Brake Corporation, Appleton Papers, Chefs Warehouse, Crowley Maritime Corporation, Dollar Tree Stores Inc., Ensemble Chimes Global, Fannie Mae, Garrison Investment Group, Hancock Holding Company, Hawker Beechcraft Corporation, Inalfa Roof Syst
Concur Connect Provides Clients Access To Industry's Broadest Selection Of Services
BOSTON, MASS., July 24, 2007 - Concur (NASDAQ: CNQR),the world's leading provider of on-demand Employee Spend Management services, announced the launch of Concur® Connect, a global program connecting suppliers from around the world to over $20 billion of spend driven by Concur's nearly 5,000 clients. Based on open-standards, Concur Connect is a set of interfaces delivering content from multiple distribution and supplier systems. This platform gives clients exclusive access to services otherwise unavailable though traditional managed travel programs.
Concur Connect Provides European Business Travellers with Direct Access to Content from VIA Rail, SNCF, Rail1, Die Bahn and Evol
LONDON, July 24, 2007 - Concur (NASDAQ: CNQR), the world's leading provider of on-demand Employee Spend Management services, today announced the availability of the broadest selection of European Rail content available through any travel booking tool. Participating suppliers include VIA Rail, SNCF, Rail1, Die Bahn and Evolvi (UK Rail by Harry Weeks Travel). Through Concur® Connect, Concur provides clients with exclusive access to travel suppliers' content and services otherwise unavailable though traditional managed travel programs.
Concur Unveils Travel and Expense 2.0 Featuring Smart Expense at the 2007 NBTA Convention
BOSTON, MASS., July 23, 2007 - Concur (NASDAQ: CNQR), the world's leading provider of on-demand Employee Spend Management services unveiled the next generation of travel and expense management featuring Smart Expense™. This industry-first innovation completely shatters the notion of the traditional expense report. With Smart Expense, Concur enables business travelers to book their trip and enjoy virtually automatic processing of their expense reports.