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Concur Prices $250 Million of 2.5% Convertible Senior Notes Due 2015

REDMOND, Wash., March 30 -- Concur (Nasdaq:CNQR - News), the world's leading provider of on-demand Employee Spend Management services, today announced that it has priced $250 million aggregate principal amount of 2.5% convertible senior notes due in 2015. The notes will be sold to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. Concur also granted the initial purchasers of the notes an option to purchase up to an additional $37.5 million aggregate principal amount of notes solely to cover over-allotments. The sale is expected to close on April 6, 2010, subject to customary closing conditions.

The notes will be 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 will have an initial conversion rate of 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.

Concur Announces Expected Results for the Second Quarter of Fiscal 2010

REDMOND, Wash., March 29, 2010 -- Concur (Nasdaq: CNQR), the world's leading provider of on-demand Employee Spend Management services, today announced expected financial results for its second fiscal quarter, ending March 31, 2010.

Expected Results

-- Concur expects revenue for the second quarter of fiscal 2010 to be $70 million or above.

-- Concur expects diluted net income per share for the second quarter of fiscal 2010 to be $0.10 and non-GAAP diluted pre-tax income per share to be $0.28. Previously, Concur provided expectations for diluted net income per share for the second quarter of fiscal 2010 of $0.10 and non-GAAP diluted pre-tax income per share of $0.27.

Please refer to "About Concur's Non-GAAP Financial Measures" below for an explanation of this non-GAAP financial measure and a reconciliation of this measure to its GAAP equivalent. These statements are based on current expectations and Concur does not undertake any duty to update them. These statements are forward-looking and inherently uncertain; actual results may differ materially as a result of the factors identified below, or other factors.

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Concur to Offer $250 Million Convertible Senior Notes due 2015

REDMOND, Wash., March 29, 2010 -- Concur (Nasdaq: CNQR), the world's leading provider of on-demand Employee Spend Management services, today announced that it proposes to offer $250 million aggregate principal amount of convertible senior notes, subject to market conditions and other factors. The notes would be due in 2015 and are to be offered and sold to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. Concur also intends to grant to the initial purchasers of the notes an option to purchase up to an additional $37.5 million aggregate principal amount of notes solely to cover over-allotments.

The notes will be unsecured, unsubordinated obligations of Concur, and interest will be payable semi-annually. The notes will be 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 interest rate, conversion rate, offering price and other terms are to be determined by negotiations between Concur and the initial purchasers.

Concur To Launch New Small Business Expense Reporting Service In The Google Apps Marketplace

Concur Breeze takes the hassle out of expense reporting – free 30-day trial makes it simple for any small business to get up and running in minutes.

REDMOND, Wash., March 9, 2010 -- Concur (Nasdaq: CNQR), the world's leading provider of on-demand Employee Spend Management services, today announced the launch of Concur® Breeze – the new online expense reporting service designed specifically for small businesses – with a free 30-day trial immediately available on the Google Apps Marketplace™, Google's recently launched online storefront for Google Apps™ products and services. Quick and easy to setup, Concur Breeze streamlines the entire expense management process by automatically creating expense reports using electronic data imported directly from both personal and corporate credit card charges. Concur Breeze makes even complex and tedious expense reporting tasks feel simple and fun. By automating the entire process and eliminating the need for paper receipts, spreadsheets, and lengthy reimbursement cycles, Concur Breeze reduces the time and hassle associated with expense reporting – simplifying bookkeeping and helping companies better track costs and manage cash.

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Concur to Present at the Wedbush Securities 8th Annual New York MAC Conference

Redmond, Wash., March 4, 2010 – Concur (NASDAQ: CNQR), the world’s leading provider of on-demand Employee Spend Management services, today announced that executive vice president, corporate development John Torrey will deliver a presentation on behalf of the company at the Wedbush Securities 8th Annual New York MAC Conference, on Thursday, March 11 at 2 p.m. ET at the Le Parker Meridien Hotel in New York, NY. The live webcast and replay of the presentation will be available for a limited time at http://www.concur.com/about/investors.