Rearden Commerce™

Foster City, CA - April 1, 2009

Rearden Commerce, the leading on-demand platform that helps companies buy and manage services online, announced today that CEO Patrick Grady was selected as a 2009 Supply & Demand Chain Executive Pro to Know. Grady was selected based on the criteria that he demonstrated leadership in the past year during the current economic downturn by managing risk in the supply chain, providing competitive advantage and delivering value to the bottom line. Grady is recognized for building a company that transforms the way businesses gain competitive advantage and realize the most value out of the services they purchase.

In 2008, Grady delivered on the promise to expand and enhance the Rearden Commerce™ Platform to allow companies to identify, compare, and book cost-effective travel and entertainment services in the most efficient way. He led the acquisition of two companies: ExpenseWire, the leading on-demand expense management solution, and Global Ground Automation (GGA), the leader in ground transportation reservation automation. Under Grady’s leadership, the company announced strategic alliances and distribution agreements with JP Morgan Chase and Paychex, and received $100M in incremental funding to accelerate growth. Today, thanks to Grady’s drive, more than two million customers at more than 4,000 companies use Rearden Commerce to reduce their spending and manage risk.

Rearden Commerce’s technology is leading the way in managing the supply chain by allowing companies to realize cost savings that are especially important in today’s economic environment. The 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.

“I am honored to have been selected for this prestigious award,” said Grady. “During a time when companies are struggling to stay afloat, I will continue to make it a priority to find a way to help companies cut costs while still being efficient and available 24/7.”

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