Press release

Amadeus and Concur deliver integrated corporate travel and expense management solution

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Amadeus and Concur deliver integrated corporate travel and expense management solution Worldwide customers have greater choice and increased value as a result of the partnership.

Madrid, Spain, 4 October, 2010: Amadeus, a leading global technology and distribution partner to the travel industry, and Concur (Nasdaq: CNQR), a leading provider of on-demand travel and expense management services, announced that they will be showcasing the new integrated corporate travel and expense claim solution, Amadeus eTravel Management (AeTM) integrated with Concur’s expense solution, at the ACTE Global Education Conference in Berlin.
The integrated solution can be requested immediately though Amadeus and Concur reseller partners or direct sales teams.

“Organisations have a universal need to establish visibility and control over T&E expenses,” said Chris Dwyer, Research Analyst at Aberdeen Group. “Technology solutions that address the entire continuum of the T&E process – like those from Concur and Amadeus – enable organisations to rein in this significant area of controllable spending and more effectively monitor what’s really happening.”

With technology from Amadeus and Concur now tightly integrated together, organisations have a tool that provides worldwide content, with an intuitive end-to-end travel booking and expense claim solution that helps improve control, drive compliance and increase productivity. With the synchronisation of travel bookings from AeTM into Concur, customers will have a full view of what was planned versus what was actually spent. The two companies are also delivering the integration of Amadeus core distribution technology into Concur’s own travel booking technology.

“Innovative companies are always looking for better ways to help their clients drive down costs and increase policy compliance,” said Barry Padgett, Concur’s General Manager of European Operations. “Concur and Amadeus are two industry leaders that have done the hard work of truly integrating their offerings in a meaningful way to drive real value for their clients. The result is an end-to-end travel and expense management solution that meets the needs of our joint clients in Europe and around the globe.”

Customers will be able to leverage the best of two market leaders. Amadeus not only offers the latest corporate travel technology, but also instant access to a comprehensive choice of relevant global travel content which is travel policy approved. Concur takes the hassle out of the expense claim process by utilizing electronic corporate credit card data to automatically pre-populate the expense claim – ensuring that expense data is accurately reported. By combining itinerary data captured at the time of booking with corporate card charges incurred by the employee – this powerful solution enables travellers to easily complete their expense claim while providing their organisation with unmatched visibility and control.

“We were delighted to offer our customers an integrated solution together with our partner Concur, a clear leader in the employee expense management space for whom we have tremendous respect for their vision and strategy,” said Albert Pozo, Vice President, Multinational Business & Corporate Travel, Amadeus. “This partnership enables us to provide great value to our joint clients, offering an integrated system to make their travel and expense reporting process easier and allows us to expand our market reach and drive increased adoption.”

This alliance supports both companies’ long-term growth objectives. On Amadeus’ part, the agreement is the latest move in its strategy to create a global and end-to-end travel and spend story for its global customer segment. The partnership supports Concur's broader strategy of local and global market leadership. Customers will be able to select the integrated travel and expense management solution that best meets their requirements and which helps them better manage employee spending.

Note to the editors:

About Concur
Concur is a leading provider of integrated travel and expense management solutions for small, mid-sized and large organizations. Concur’s adaptable Web-based and mobile solutions help companies and their employees control costs and save time. Learn more at www.concur.com.

About Amadeus

Amadeus is a leading transaction processor and provider of advanced technology solutions for the global travel and tourism industry. Customer groups include travel providers (e.g airlines, hotels, rail, car rental, ferries, etc.), travel sellers (travel agencies and websites), and travel buyers (corporations and individual travellers). The group operates a transaction-based business model and processed more than 670 million billable travel transactions in 2009.

Amadeus has central sites in Madrid (corporate headquarters and marketing), Nice (development) and Erding (Operations – data processing centre) and regional offices in Miami, Buenos Aires, Bangkok and Dubai. At a market level, Amadeus maintains customer operations through 72 local Amadeus Commercial Organisations covering 195 countries.

Amadeus is listed on the Madrid, Barcelona, Bilbao and Valencia stock exchanges and trades under the symbol “AMS.MC”. For the year ended 31 December 2009, the company reported revenues of EUR 2,461 million and EBITDA of EUR 894 million. The Amadeus group employs over 9,300 employees worldwide, with 123 nationalities represented at the central offices.

To find out more about Amadeus please visit www.amadeus.com.

About Amadeus e-Travel Management
Used currently by over 4,000 corporations, Amadeus e-Travel Management processes over 4.5 million passenger number records (PNRs) every year.

Contact details

Concur Press Contact:
Joe Walton, Weber Shandwick for Concur, +44 207 067 0511

Amadeus IT Group
Corporate Communication Department
tel: +34 91 582 0160
email : mediarelations@amadeus.com