Foster City, CA - November 10, 2011

Rearden Commerce Honored as a Competitor in Annual Phocuswright Travel Innovation Summit

Rearden Commerce, creator of the Deem™ ecommerce platform, today announced the company has been invited to compete as an innovator in the fourth annual PhoCusWright Travel Innovation Summit on November 15, 2011. Selected from a highly competitive field by PhoCusWright's expert analyst team, Rearden Commerce's Chief Product Officer, Paul Todd, and Patrick Au-Yeung, Vice President, User Experience, will showcase how the company is transforming the way people plan, book and travel as individuals — and together — with Deem.

"Innovation is our currency," said Paul Todd, Chief Product Officer, Rearden Commerce. "We are honored to be a contender for the most coveted travel industry award for innovation. The new functionality we will unveil at the PhoCusWright conference leverages analytics, semantics and machine learning to optimize the exchange of goods, service and information — in effect, transforming the travel planning and booking process."

The PhoCusWright Travel Innovation Summit showcases the next big wave of innovation in the travel, tourism and hospitality industry. Dozens of innovators from around the world demonstrate applications, technologies and solutions that significantly impact travel planning, purchasing and memorializing.

Rearden Commerce designed Deem to transform the Web to become a highly intelligent, personalized, and unified experience for consumers – offering the ultimate in productivity, convenience, value and loyalty. For organizations, Deem offers complete and comprehensive control of non-payroll business spend. For merchants, the promise of a large-scale, relevance-based One-to-One Marketplace will finally be realized.

In addition to demonstrating its innovative technologies at the conference at 1:19 pm EST on Tuesday, November 15, Rearden Commerce will host one-to-one demonstrations in the PhoCusWright Exhibitor Showcase. If you are attending the conference and would like to set up a meeting in advance, please contact Mike Daly.