Concur Technologies Names Robert Reid President of Concur Commerce Network Division; Reid to Lead Expansion of Concur's Business-to-Business Electronic Commerce Strategy.Business Editors, High-Tech Writers REDMOND, Wash.--(BUSINESS WIRE)--Feb. 17, 2000 Concur Technologies (Nasdaq:CNQR), the leading provider of business-to-business workplace eCommerce solutions, announced today that Robert K. Reid has been named president of the Concur Commerce Network Division, effective immediately. Reid, who joined the Company in June 1999 following the acquisition of Seeker Software, will focus on developing the Concur Commerce Network and direct the Company's business-to-business electronic commerce strategy. Reid previously served as executive vice president and general manager of Concur's Human Resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. (HR) Division. He will continue to report directly to Steve Singh, chairman and chief executive officer. &uot;Rob brings more than 19 years of executive management and enterprise software experience to this position, and boasts an established track record of building strong, market-leading organizations and growing market share,&uot; said Steve Singh, chairman and chief executive officer of Concur. &uot;With this solid background, he will bring a tremendous amount of vision and guidance to further establish the Concur Commerce Network as a leader in the business-to-business eCommerce market. I am very pleased to have Rob leading our Concur Commerce Network Division.&uot; &uot;With the successful introduction of Concur Commerce Network, we expanded our eCommerce strategy to drive supply chains into a single integrated business-to-business eCommerce network for buyers and sellers, with the goal to create the largest, most heavily trafficked global trading network,&uot; said Reid. &uot;I look forward to advancing Concur's market strategy and further establishing its leadership position in the business-to-business eCommerce arena.&uot; Prior to joining Seeker Software as CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Reid led the marketing efforts at Documentum, Inc., establishing Documentum as the business and technology leader in the document management market and the fastest growing software company in Silicon Valley. He was also the catalyst for the creation of Documentum's industry-focused plans and solutions, and was responsible for the highly successful implementation of the &uot;Crossing the Chasm&uot; strategies. Prior to Documentum, Reid held executive management positions at Octel Communications, NBI NBI Niels Bohr Institute (Denmark) NBI National Bureau of Investigation NBI Nile Basin Initiative (Uganda) NBI National Bridge Inventory NBI Nation Brands Index (statistics) , and Zenith Data Systems Zenith Data Systems (ZDS) was a division of Zenith founded in 1979 after Zenith acquired Heathkit, who had, at that time, recently entered the personal computer market. Zenith sold personal computers under both the Heath/Zenith and Zenith Data Systems names. . He holds a B.S. in Communications from the University of Tennessee The University of Tennessee (UT), sometimes called the University of Tennessee at Knoxville (UT Knoxville or UTK), is the flagship institution of the statewide land-grant University of Tennessee public university system in the American state of Tennessee. . About Concur Technologies Concur Technologies, Inc.(TM)(www.concur.com) is the leading provider of business-to-business workplace eCommerce solutions that automate costly and inefficient business processes among employees, partners, suppliers, and service providers. Its flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , Concur eWorkplace, integrates Concur's suite of workplace eCommerce solutions -- corporate procurement, human resources self-service, travel and entertainment expense Travel and entertainment expense Funds spent on business travel and entertainment that qualify for a tax deduction of 50% of the amount claimed. management and travel booking -- through a common business portal. The Concur eWorkplace suite is available in two distinct models: licensed and ASP. Both models enable users to access critical information and services thus reducing operating costs operating costs npl → gastos mpl operacionales , increasing productivity, and improving supplier management. Concur's customer base is comprised of more than 320 companies, representing over 2.4 million employees, across more than 20 countries. AT&, Baxter International Baxter International Inc. (NYSE: BAX), is a global healthcare company with 48,000 employees and 2006 sales of US$10.4 billion. Its headquarters is in Deerfield, Illinois. , DaimlerChrysler, Exxon, and Pfizer are among the companies that have selected Concur's workplace eCommerce solutions. Concur's global trading network, Concur Commerce Network, links buyers throughout the workplace together with suppliers to conduct business-to-business eCommerce in real time. Concur's Global Alliance Network is comprised of over 50 world-class organizations including ADP (1) (Automatic Data Processing) Synonymous with data processing (DP), electronic data processing (EDP) and information processing. (2) (Automatic Data Processing, Inc., Roseland, NJ, www.adp. , American Express, Exodus, KPMG KPMG Klynveld Peat Marwick Goerdeler (accounting firm) KPMG Kaiser Permanente Medical Group KPMG Keiner Prüft Mehr Genau (German) KPMG Kommen Prüfen Meckern Gehen , Microsoft and Nortel Networks. All company or product names are trademarks and/or registered trademarks of their respective owners. |
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