Visage Receives Strategic Investment from the Concur Perfect Trip Fund™ To Address the Final Frontier in Expense Management, Data and Analytics

SAN FRANCISCO, Sept. 18, 2013 /PRNewswire/ -- Visage Mobile, Inc., the SaaS enterprise mobility management (EMM) solution, today announced a strategic investment by Concur (NASDAQ: CNQR), the global leader in integrated travel and expense management, through the Concur Perfect Trip™ Fund.

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"Our strategic relationship with Concur makes perfect sense, marrying our symbiotic strengths in business travel, expense management and mobility," said Bzur Haun, CEO at Visage. "Mobility enables productive business travel and travel drives increased mobile usage.  Mobility is the last frontier of business expense management, and Visage's data, analytics and cost management tools help drive the strategy and execution of an effective and efficient mobile program." 

"Our ongoing strategic partnership and new investment in Visage provide Concur customers with more mission-critical tools to address mobility cost management, data and analytics," said John Torrey, Executive Vice President, Corporate Strategy at Concur.  "We are committed to driving the innovation agenda for the travel industry and smart, entrepreneurial companies like Visage are helping to shape the future of business travel."

This is the third strategic initiative between the two companies. Visage and Concur had previously announced the integration of their core expense products followed by the launch of Visage MXP, an automated expense management solution that addresses the growing trend of Bring Your Own Device (BYOD) mobility, also known as "employee paid" (where employees get reimbursed for all or part of their mobility expense). Visage will also be an active and featured participant at The Perfect Trip DevCon, Concur's first developer conference for travel and entertainment innovations in San Francisco on October 2, 2013. 

About Visage

Visage brings the power of data to solving the pressing and strategic challenges companies face in enterprise mobility management. Our core product, MobilityCentral, is software that aggregates and organizes data about enterprise mobility spend, and the devices and users behind them. The data and custom reporting from MobilityCentral delivers improved company productivity, competitiveness and both immediate and long-term wireless cost efficiency. Visage is the only SaaS mobility management solution that allows unified cost management for both company-paid and employee-paid (BYOD) mobility.  Visage is based in San Francisco, Calif. Learn more at http://www.visagemobile.com

About Concur®

Concur® is a leading provider of integrated travel and expense management solutions for companies of all sizes. Concur's easy-to-use web-based and mobile solutions help companies and their employees control costs and save time. In support of the mission to fuel The Perfect Trip™, Concur delivers continuous innovation through The Concur® T&E Cloud, the open platform that enables the entire ecosystem to build upon and extend applications, content and T&E data aggregated through Concur; and Concur® Big Data, which leverages the industry's most comprehensive source of T&E data to provide enhanced value in accordance with their travel policies. The Concur Perfect Trip Fund invests in leading edge innovative travel technology companies and is awarding $100,000 in innovation awards at its first annual Developer Conference on October 2, 2013. Apply here or learn more at http://www.concur.com or the Concur blog. 

CONTACTS:

Visage
Neil Cohen
Vice President
[email protected]
415-652-5544

Concur
Matt Inda, Weber Shandwick
[email protected]
206-576-5593

SOURCE Visage