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Concur Exceeds Revenue and Earnings Expectations for Third Quarter of Fiscal 2012

Company reports 26.5% increase in year-over-year revenue driven by strong customer growth

REDMOND, Wash., Aug. 1, 2012 -- Concur (Nasdaq: CNQR) today reported financial results for its third fiscal quarter ended June 30, 2012.

Concur reported total revenue for the third quarter of fiscal 2012 of $113.2 million, up more than 26% from the year-ago quarter and up more than 4% from the prior quarter. Fiscal 2012 third quarter non-GAAP pre-tax income was $19.2 million, or $0.34 per share.

Marquee Hotel and Car Rental Companies To Support Concur Open Booking

Empowering traveler choice, controlling program leakage and implementing a 21st century business travel experience are key reasons why customers are demanding Open Booking

Redmond, Wash., July 23, 2012 Concur® (NASDAQ: CNQR), a leading provider of integrated travel and expense management services, today announced that several hotels and car rental companies – including Avis Car Rental, Best Western International, Choice Hotels International, Inc., Hertz, InterContinental Hotels Group (IHG), La Quinta Inns & Suites, Marriott International and Starwood Hotels & Resorts Worldwide, Inc. –  plan to  participate in Concur Open Booking, the corporate travel option that lets business travelers book hotels and rental cars outside Concur Travel while capturing and providing all travel transaction data to Concur Travel & Expense for a complete itinerary.

Concur Unveils New Innovations to Its Corporate Travel Booking Tool

GBTA Convention attendees will see new Open Booking options and global travel features designed to delight travelers

Redmond, Wash., July 23, 2012 – Concur®, a leading provider of integrated travel and expense management solutions (NASDAQ: CNQR), will preview Concur Open Booking, as well as a number of new features for its popular corporate booking solution at GBTA 2012 Convention in Boston. As business travelers book outside a corporate travel tool due to convenience or cheaper travel options, companies face a growing issue of capturing spend that happens outside of  the corporate travel program.  The new innovations from Concur give business travelers more choice and flexibility while helping their organizations to better ensure that policies are being followed, deliver enhanced duty of care and provide better visibility into travel spend. GBTA Convention attendees can check out these latest Concur innovations at booth # 1724.

Concur Announces Schedule for Upcoming Fiscal 2012 Third Quarter Earnings Webcast

Redmond, Wash., July 18, 2012 - Concur (Nasdaq: CNQR), the world's leading provider of integrated travel and expense management services, today announced that its fiscal 2012 third quarter earnings conference call will take place on Wednesday, August 1, 2012 beginning at 2:00 p.m. PT. Concur will open the event to the media and general public by broadcasting the call live over the Internet with presentation slides at The Webcast will also be archived on a temporary basis for later listening at the same Web address. The call will feature Steve Singh, chairman and chief executive officer for Concur, and Frank Pelzer, chief financial officer for Concur, who will discuss financial results for the third quarter of fiscal 2012 and Concur’s business outlook.

Concur to Fully Integrate Gogo In-Flight Internet Service Offerings within Concur Travel

Concur’s T&E cloud to deliver corporate travel discounts and Gogo service package recommendations based on traveler’s itinerary, account status and company policy

Redmond, Wash., July 17, 2012Concur (NASDAQ: CNQR), a leading provider of integrated travel and expense management services, and Gogo, a leader of in-flight connectivity and a pioneer in wireless in-flight digital entertainment solutions, today announced an agreement that will enable business travelers to purchase Gogo in-flight Internet sessions within the travel booking experience delivered through Concur’s T&E Cloud.


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