NBTA, Houston, TX - August 9, 2010

Rearden Commerce Announces Alliance with IBM

Bringing More Choice and Flexibility are Key Goals

Rearden Commerce today announced a new alliance with IBM's Managed Business Process division (IBM MBPS), with the goal to introduce more choice to the expense management and online procurement category.

Rearden Commerce will work with IBM to deliver an integrated solution that consolidates booked transaction data from the Rearden Commerceâ„¢ Platform, and actual business expense data from IBM's Global Expense Reporting Solution (IBM GERS) system. By working with IBM, the Rearden Personal Assistantâ„¢ can give administrators in accounts payable, finance, procurement, travel and other key departments the ability to manage policies, spend and preferred providers. Additionally, companies using these solutions can gain deep insight into employee business expenses and spending patterns.

"Rearden Commerce believes it is important to provide the market with choice, and the ability to find best of breed solutions," said Tony D'Astolfo, vice president of travel at Rearden Commerce. "We have had multiple instances where our customers and prospects have asked for this partnership and we're thrilled that it has come to fruition."

"One of IBM's biggest advantages is that it offers clients the ability to select the best fitting solutions from the travel spectrum without forcing them into a specific set of products. With this approach, clients can benefit from the flexibility they need, along with all the advantages of an integrated solution," said Ray Curatolo, director of IBM Global Expense Reporting Solutions. "IBM and Rearden Commerce will work together to provide the highest level of corporate and end user convenience and functionality around booking travel and expense management."

More information about the companies' joint solution is available at the National Business Travel Association's (NBTA) International Convention & Exposition.

Rearden Commerce booth #1673 or