Rearden Commerce™

Foster City, CA - April 6, 2009

Rearden Commerce, the leading on-demand platform that helps companies buy and manage services online, announced today that the company was selected as one of Gartner’s “Cool Vendors” in the firm’s 2009 Context-Aware Computing report authored by analysts Anne Lapkin, William Clark and Gene Alvarez, published March 3, 2009. Rearden Commerce was recognized for building an intelligent platform and application that leverages contextual information to help companies control costs across multiple spend categories, create efficiencies in the workplace and provide individuals with a superior end-user experience.

Rearden Commerce was one of five companies listed in the Gartner report, which highlighted companies that, “leverage information about the end user – the environment, processes, communities and various persona employed when interacting with computing technologies – to improve the quality of the interaction.” According to the report, “In economic terms, context-aware computing is about lowering context-switching costs to increase efficiencies and effectiveness for businesses; and for consumers, to make content or service more appealing because the application or service is attuned to what users will need in the future, rather than just being reactive.”

“We’re excited to be recognized as a ‘Cool Vendor’ by Gartner,” said Patrick Grady, CEO and founder, Rearden Commerce. “This recognition reconfirms that we are one of the few companies taking the technological leap to incorporate contextual information into our platform, providing businesses and individuals with the most personalized experience on the Web.”

Rearden Commerce continues to be recognized for creating a product, the Rearden Personal Assistant™, that considers the individual’s identity, the context of what they are doing, their immediate location and corporate policy settings to deliver personalized information so they can make informed decisions. For companies, the Rearden Commerce™ Platform brings increased visibility into spend across multiple categories and leverages real-time data for control over employee habits, including point-of-purchase approvals and comprehensive price comparisons.

About Gartner’s Cool Vendors Selection Process

Gartner’s listing does not constitute an exhaustive list of vendors in any given technology area, but rather is designed to highlight interesting, new and innovative vendors, products and services. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness of a particular purpose.

Gartner defines a cool vendor as a company that offers technologies or solutions that are: Innovative, enable users to do things they couldn’t do before; Impactful, have, or will have, business impact (not just technology for the sake of technology); Intriguing, have caught Gartner’s interest or curiosity in approximately the past six months.

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

Brooke Hammerling
Brew Media Relations
415.596.5428
brooke@brewpr.com