Redmond, Wash., March 18, 2008 – Concur (Nasdaq: CNQR) the world’s leading provider of on-demand business services that automate Employee Spend Management, today announced the appointment of Randall H. Talbot to its Board of Directors. “The addition of Randy to Concur’s board ensures the company will continue to benefit from a diversity of knowledge and expertise in both financial and software industry markets,” said Concur chairman and CEO Steve Singh. “Randy is a skilled leader with deep expertise in delivering innovative business services. His experience and insight will help Concur to continue to build upon its leadership position in the Employee Spend Management market.” Currently, Talbot serves as chief executive officer and president of Symetra Financial Corporation, a Bellevue, Wash., based company, and brings more than 33 years of financial management experience to the board. Symetra Financial provides retirement plans, employee benefits, life insurance and annuities to more than 1.7 million customers nationally. Prior to joining Symetra in 1998, Talbot spent 23 years at Talbot Financial Corp., marketing a broad spectrum of insurance and investment products. Talbot was one of the first in the industry to bring together insurance companies and financial institutions for the purpose of selling insurance products.
In addition to being on the board of Symetra Financial Corp., Talbot is on the board of the Performing Arts Center Eastside and the Washington Roundtable, a nonprofit public policy organization affecting positive change on critical policy issues in Washington state. Talbot also serves on the Directors Council for the American Council of Life Insurers (ACLI) and is a member of the Initiative for Global Development, a national network of corporate leaders with a business approach to abject poverty.