REDMOND, Wash., March 10, 2006 - Concur Technologies, Inc. (NASDAQ: CNQR), the world's leading provider of on-demand business services that automate Corporate Expense Management (CEM), today announced it was named "Service Provider of the Year" at the 11th Annual WSA Industry Achievement Awards held Wednesday, March 8 at The Westin in Seattle. The Service Provider of the Year award recognizes the company with the most exemplary service within the information technology industry.
Concur Technologies was recognized as Service Provider of the Year for its innovative on-demand expense reporting service, Concur Expense Service, and the extraordinary value it delivers to its customers. By subscribing to Concur Expense Service, companies around the globe streamline the entire expense reporting process, increasing operational efficiency and boosting employee productivity. The service enables organizations to drastically accelerate expense reimbursements, strengthening internal controls while providing organizations with the valuable T&E expense data they need to manage costs.
Concur Technologies was also selected based on the service's ease-of-implementation, immediate benefit to users, seamless technical and lifestyle integration, and general distinction in its class. A panel of industry judges, consisting of venture capitalists, technology executives, and academic and government technology experts, selected Concur Technologies as Service Provider of the Year from a large field of award applicants.
"Being recognized as Washington State's premier technology service provider is a great honor that further recognizes the outstanding value of our on-demand suite of Corporate Expense Management services," said Steve Singh, Concur's chairman and chief executive officer. "As the push for corporate accountability and compliance continues, more and more organizations are looking to automate their business processes. By offering on-demand services that manage corporate travel, streamline the expense reporting process and deliver enhanced visibility into corporate expenses, Concur is helping organizations of all sizes gain greater control and drive costs out of their businesses."
About the WSA
Founded in 1984, with over 1,100 members representing a range of software, Internet and technology companies, the WSA (formerly the Washington Software Alliance) is a statewide trade association focused on helping Washington state technology companies succeed. The WSA is a catalyst for setting new industry directions, sharing expertise, delivering key business services, and leading the advocacy of issues necessary to keep Washington a leader in the digital economy. For more information, including the benefits of membership in the WSA, visit www.wsa.org.
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