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William W. Canfield Retires From Concur Board of Directors

REDMOND, Wash., May 3, 2010 -- Concur (Nasdaq: CNQR), the world's leading provider of on-demand Employee Spend Management services, today announced the retirement of William W. Canfield from the Concur board of directors.

"I’d like to thank Bill for his seven years of service to Concur," said Steve Singh, chairman and CEO of Concur. "His experience and insight have been instrumental in helping guide our company through an exciting period of rapid growth and innovation. On behalf of every member of Concur’s board, I’d like to recognize Bill’s valuable contributions to our company and our shareholders, and wish him the very best.”

Concur Appoints Michael T. Koetting as Executive Vice President, Supplier Management and Advertising

REDMOND, Wash., April 26, 2010 -- Concur (Nasdaq: CNQR), the world's leading provider of on-demand Employee Spend Management services, today announced the appointment of Michael T. Koetting as executive vice president, supplier management and advertising.

Mr. Koetting is a 17 year veteran within the corporate travel industry, having served most recently as the chief operating officer for North America at Carlson Wagonlit Travel. In addition to having held several senior leadership roles at both Carlson Wagonlit and Maritz Travel Company, Mr. Koetting – who was named in 2007 to the roster of The 25 Most Influential Executives of the Business Travel Industry, by Business Travel News – brings extensive supplier relationship experience to his new role at Concur.

Concur Introduces New T&E Expense Management Features and Best Practice Capabilities to Help Clients Drive Down Costs

Latest update includes Google Maps integration, ancillary airline fee reports and best practices dashboards that help clients better manage travel and expenses

REDMOND, Wash., April 20 -- Concur (Nasdaq:CNQR - News), the world's leading provider of on-demand Employee Spend Management services, today announced that it has released significant new updates, available exclusively to Concur® Travel & Expense clients, that improve the accuracy of expense reports and optimize the system configuration.

Concur Announces Schedule for Upcoming Fiscal 2010 Second Quarter Earnings Webcast

REDMOND, Wash., April 19 -- Concur (Nasdaq:CNQR - News), the world's leading provider of on-demand Employee Spend Management services, today announced that its fiscal 2010 second quarter earnings conference call will take place on Monday, May 3, 2010 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 www.concur.com/investors. 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 John Adair, chief financial officer for Concur, who will discuss financial results for the second quarter of fiscal 2010 and Concur's business outlook.

Concur Announces Closing of $287.5 Million of 2.5% Convertible Senior Notes

REDMOND, Wash., April 6, 2010 -- Concur (Nasdaq: CNQR), the world's leading provider of on-demand Employee Spend Management services, today announced the closing of its offering of $287.5 million aggregate principal amount of 2.5% convertible senior notes due in 2015. The notes were issued in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. The offering included $37.5 million aggregate principal amount of notes issued pursuant to the full exercise of the initial purchasers’ over-allotment option.

The notes are unsecured, unsubordinated obligations of Concur, and will mature on April 15, 2015. Interest is payable semi-annually in cash at a rate of 2.5% per annum. The notes are convertible, subject to certain conditions, into cash up to the principal amount of the notes and, with respect to any excess conversion value, into shares of Concur common stock. The notes have an initial conversion rate of approximately 19.10 shares of common stock per $1,000 principal amount of notes (which is subject to adjustment in certain circumstances). This represents an initial effective conversion price of approximately $52.35 per share. The initial conversion price represents a premium of 25% to the closing price of Concur’s common stock on March 30, 2010, which was $41.88 per share.