Rearden Commerce™

Foster City, CA and New York, NY - June 24, 2008

Rearden Commerce, Inc., and American Express (NYSE: AXP) today announced American Express AnywhereSM, an innovative new mobile service that enables corporate customers to manage travel details and business through their BlackBerry™ smartphones.

With a single click of the American Express icon on their BlackBerry home screen, users can access their personalized travel itinerary, receive real-time travel alerts, scan destination weather information and even click-to-call their travel provider for further assistance. Future phases of American Express Anywhere will let users view their airport parking and car service reservations, share itinerary details with others, find restaurants nearby and place reservations, and much more.

"American Express is committed to simplifying life for our corporate cardmembers while they're in the office and on the road," said Gunther Bright, senior vice president, Global Client Group at American Express. "Anywhere is a perfect example of how we can deliver a suite of rich services by leveraging Rearden Commerce's innovative technology platform."

American Express is the only card company able to offer this benefit to Fortune 500 companies in the United States, as well as to its largest global commercial card clients.

American Express Anywhere will also be offered to American Express Business Travel clients in other market segments as a mobile companion to its Intelligent Online Marketplace (AXIOM). AXIOM is a Web-based commerce network, powered by Rearden Commerce, for travel and related services. Business services inventory from more than 137,000 suppliers is brought together in a single online destination where employees can find, purchase and manage traditional travel reservations (flights, hotel stays and car rentals), as well as ancillary services.

"We're proud to partner with American Express, the global commercial card and business travel leader, to extend the power of Rearden Commerce to its corporate customers," said Patrick Grady, founder and CEO of Rearden Commerce. "Our technology platform offers tremendous benefits to both employees and corporations. We couldn't be more pleased to be enabling American Express to provide its corporate customers with such a rewarding new benefit and American Express itself with a true industry differentiator."

"American Express Anywhere gives our employees the information they need to stay productive and be efficient while on the road," said Christopher Staal, vice president of Real Estate and Facilities -- Americas for Thomson Reuters. "With AXIOM, American Express and Rearden Commerce have delivered a groundbreaking business solution, whose value is further magnified with the release of this mobile companion."

Thomson Reuters is an American Express corporate services client and has been using AXIOM since 2007. They were among the first companies to pilot American Express Anywhere with employees.

"The AXIOM solution already extends far beyond simply booking airline tickets and hotel rooms to include airport parking, dining, event tickets, shipping, car service and conferencing. And now, we're giving travelers their very own mobile assistant that puts valuable real-time information at their fingertips," said Andrew McGraw, senior vice president and general manager, Worldwide Sales, American Express Business Travel. "American Express Anywhere will amplify the convenience and time savings for these travelers by giving them access to the AXIOM solution, anytime or anyplace."

American Express

Through its Global Commercial Card group, American Express provides the Corporate Card, Corporate Purchasing Solutions, and other expense management services to mid-sized companies and large corporations worldwide. In the U.S., it is the leading issuer of commercial cards, serving more than 60% of the Fortune 500, as well as tens of thousands of mid-sized companies. American Express issues local-currency commercial cards in 40 countries, and International Dollar Corporate Cards in an additional 100 countries. For more information, please go to americanexpress.com/corporate.

American Express Business Travel (americanexpress.com/businesstravel), a division of the American Express Company, is dedicated to helping its clients realize the greatest possible value from their investment in travel through increased cost savings, outstanding customer service and greater spend control. For small businesses, medium-sized enterprises and multinational corporations, American Express Business Travel provides a combination of industry-leading booking technology, travel management consulting expertise, strategic sourcing and supplier negotiation support, and customer service available online and offline, around the world. American Express Company (americanexpress.com) is a leading global payments, network and travel company founded in 1850.

About Rearden Commerce

Rearden Commerce has developed the next-generation platform for commerce. The Rearden Commerce™ Platform combines a plethora of applications, services, content and powerful personalization capabilities that enable the most relevant and meaningful transactions possible. The Platform connects a network of more than 6,500 business customers across every market segment to 160,000 suppliers. More than 3 million knowledge workers and millions of consumers have access to the platform via the Rearden Personal Assistant™, which transforms today's chaotic Web and extraneous data into a highly personalized “internet assistant” experience. It simplifies a user's life contextually based upon their identity, location, and situation.

Rearden Commerce solutions deliver a new approach to spend management in the travel, procurement and finance sectors. The solutions are distributed globally by over 60 strategic partners including American Express, JP Morgan Chase, Paychex, and most leading travel management companies. For more information, visit reardencommerce.com.

Press Contact

Alicia diVittorio
For Rearden Commerce
650.376.8719
alicia.divittorio@reardencommerce.com

Kim Amsbaugh
For Rearden Commerce
650.815.1724
kamsbaugh@tieronepr.com
tieronepr.com