Rearden Commerce Announces Latest Release of Rearden Personal Assistant(TM) Is Live for All Customers

FOSTER CITY, Calif., April 1, 2008 /PRNewswire/ -- Rearden Commerce, creator of the first on-demand personal assistant and a leading choice of CFOs for managing spending on business services, announced today that the latest and most significant release yet of the Rearden Personal Assistant is live with more than one million contracted users across Rearden Commerce's customer base of 1,600+ organizations. Developed by a team of award-winning user experience designers, veterans of such leading consumer companies as Apple, Shutterfly, and Yahoo!, the new version of the Rearden Personal Assistant drives high adoption by delighting users with a fast, intuitive consumer web experience for booking a comprehensive set of business services including travel, dining, shipping, and web conferencing. By delivering the highest user adoption of any spend management solution, the Rearden Personal Assistant enables exceptional cost savings to corporations of all sizes and industries.

"Our Personal Assistant is so easy to use, it's addictive," said Patrick Grady, founder and CEO of Rearden Commerce. "It's as proactive, intelligent and helpful as a real executive assistant." The Rearden Personal Assistant offers breakthrough performance and ease of use that takes the hard work out of booking travel and other business services. "By leveraging the best of Web 2.0 technologies, it makes 'doing the right thing' for the company a natural way of life," Grady said.

The Total Travel Experience(TM)

More than one million contracted users across the U.S. are benefiting from the significant enhancements in speed, design and content to the new release of the Rearden Personal Assistant. Users can quickly find and book the services they need, including travel, dining reservations, entertainment, audio/web conferences and more from one location -- the home page. Additionally, the Rearden Personal Assistant now features improved Web 2.0 communications capabilities that enable users to invite guests to events and keep their family, friends and colleagues apprised of their travel arrangements. It also stays in constant contact with its users and proactively updates them on important details like flight delays, cancellations and gate changes -- either by email, text message or voice message, depending on the user's preference.

"The Rearden Personal Assistant delivers two major benefits," said Denis Pombriant, managing principal, Beagle Research Group, LLC. "It helps people book and manage all of the services they need while getting the best price for the company. It raises the bar as a one-stop-shop for travel and other business services."

The Rearden Personal Assistant offers numerous additional savings benefits to help companies of all sizes achieve their booking tool adoption and cost- saving goals. For instance, it proactively offers helpful service recommendations to users based on their unique travel plans, and guides them to consider additional services to make their lives easier and save their companies money. It also equips travelers with new environmentally-friendly tools and services like an intelligent Carbon Calculator, which helps users evaluate not only the costs but the environmental impact of their travels, and guides them to consider web and audio conferencing options.

The latest release also includes numerous enhancements in content and functionality across all service categories including travel, dining, entertainment, shipping and conferencing. These enhancements take the unique Total Travel Experience(TM), for which the Rearden Personal Assistant is known, to an entirely new level. Its new and improved dining experience, for example, now offers users a comprehensive suite of Web 2.0 dining capabilities -- from finding and researching restaurants, to viewing their locations on Google Maps, to booking reservations online and inviting guests from corporate or personal address books, to tracking their responses. Additionally, the Rearden Personal Assistant highlights restaurants participating in the Rewards Network corporate dining program, which offers corporations a 10 percent savings.

Unlike traditional travel web sites, the Rearden Personal Assistant goes beyond basic air, hotel and car booking and orchestrates every aspect of a trip and related services -- from finding restaurants and making dining reservations and booking tickets to events; to scheduling Web and audio conference calls and shipping packages; to managing compliance with corporate policy and integrating booked services with travelers' and colleagues' calendars.

Rearden Commerce, Inc.

Rearden Commerce makes life simpler by delivering an on-demand Personal Assistant that intuitively manages the everyday details of business and personal life. Just like a seasoned executive assistant, the Rearden Personal Assistant handles an impressive array of tasks and services, and delights users by considering their unique needs and personal preferences. The Rearden Personal Assistant is built on the Rearden Commerce(TM) Platform, which supports an ecosystem of more than 137,000 trusted merchants and third-party applications providers. Today, more than one million contracted users at organizations ranging from the Fortune 500 to small/medium enterprises, including ConAgra Foods, Glaxo Smith Kline and JDSU, rely on the recommendations and assistance of the Rearden Personal Assistant to save time and be more efficient, while saving their companies money. Rearden Commerce is headquartered in Foster City, CA. For more information, visit www.reardencommerce.com .

Copyright 2008 Rearden Commerce, Inc. All rights reserved.