Rearden Commerce™

Philadelphia, PA and Foster City, CA - August 24, 2009

Rearden Commerce, Inc. today announced an integration relationship with StarCite, Inc., a leading provider of Web-based solutions to strategically manage corporate meetings and events. With this integration, Rearden Commerce's more than 5,000 corporate customers will have increased visibility into employees' meetings spend and can leverage real-time data to better manage this often overlooked spend category.

"Meetings remain a large category of unmanaged spend for corporations. At Rearden Commerce our goal is to provide customers with a single location for all activities that relate to travel and procurement. As such, StarCite is a perfect addition for the Rearden Commerce™ Platform," said Tony D'Astolfo, vice president of worldwide sales, Rearden Commerce. "We make it a priority to connect our customers with the absolute best applications and services available on the market. StarCite's track record of providing strategic meetings management services to major corporate customers makes them an ideal partner for this essential functionality."

Directly from the Rearden Personal Assistant™, customers will be able to access StarCite to plan, source and book with its small meetings solution. In addition, customers benefit from full access to the StarCite Marketplace, which links meetings buyers with more than 93,000 hotels, venues and meetings suppliers worldwide.

Rearden Commerce is highly regarded in the travel industry for developing a platform that broadens the traditional scope of travel management to include ancillary spend categories such as conferencing, dining, shipping, and rail.

"We are proud to partner with Rearden Commerce and provide strategic meetings management services to its customer base," said Gregory Dukat, CEO of StarCite. "Rearden Commerce has revolutionized travel management by providing a product that brings a growing number of spend categories under professional control. As companies focus on maximizing the value of every type of expenditure, including meetings, the timing of this integration couldn’t be better."

About StarCite, Inc.

StarCite, Inc. provides a technology platform that makes meetings and event planning, booking and management simpler, easier, and more cost-effective for corporations, hotels, venues and meetings suppliers worldwide. StarCite delivers visibility, cost savings and control over meetings spending for businesses and enhanced revenue opportunities for suppliers. Through Web-based, on-demand technology, StarCite automates and supports every key element of the meetings planning and procurement process: planning, budgeting, buying, attendance, payment, and results measurement. Using StarCite's proprietary online marketplace, meetings buyers can connect and conduct business with over 93,000 hotels, venues, destinations and suppliers globally. StarCite is based in Philadelphia, PA. Its equity holders include Internet Capital Group (NASDAQ: ICGE), TPG Growth, Norwest Venture Partners (NVP), and TL Ventures. For more information about StarCite please visit starcite.com.

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

StarCite:
Kristine Nalbone
Sloane & Company
212-446-1897
knalbone@sloanepr.com