Foster City, CA - April 6, 2009

Rearden Commerce Named a 2009 Context Aware “Cool Vendor” by Top Analyst Firm

Vendors Chosen for the “Cool Vendor” Report are Innovative, Impactful and Intriguing

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.