Foster City, CA - March 4, 2011

Rearden Commerce Executive Featured At Sourcing Interests Group 2011 Global Sourcing Summit

Leveraging technology to make smart travel decisions

Rearden Commerce, a next generation eCommerce platform company, today announced that Tony D'Astolfo, Senior Vice President, Rearden Commerce will present an executive session at the Sourcing Interests Group (SIG) Global Sourcing Summit on Thursday, March 17, 2011, at the Ritz Carlton in Amelia Island, Florida.

The session will address how to gain control and manage travel costs while improving employee productivity. With business travel once again on the upswing and travel expenses projected to rise in some categories by up to 10% according to the American Express Business Travel 2011 Forecast, this session will concentrate on practical recommendations to help optimize corporate travel programs.

"I'm looking forward to presenting at SIG's Global Sourcing Summit," said Mr. D'Astolfo, Senior Vice President, Rearden Commerce. "Anyone responsible for managing corporate Travel and Expense is entering the perfect storm of improved economic conditions, an increase in travel and a flat supply of inventory and services."

Mr. D'Astolfo will talk about how leveraging technology to make smart travel decisions can help companies manage through these turbulent times. "The combination of the rapid expanse of new fees from the airlines and oil price surges could easily result in a 10-20% increase in travel spend this year," added Mr. D'Astolfo. A 31-year travel industry veteran, Mr. D'Astolfo has long been considered one of corporate travel's leading experts. He also hosts Carrying On, an information resource for travel purchasers and travelers.

The 2011 SIG Global Sourcing Summit is designed for senior-level executives at Global 1000 companies to provide industry best practices, cost-cutting strategies, innovative processes, and risk-mitigation approaches in today's complex sourcing environment.