The 2007 Annual Meeting of Stockholders will be held for the following purposes:

1. To elect two Class II members of the Board of Directors.
2. To approve Concur's new 2007 Equity Incentive Plan.
3. To ratify the selection of Grant Thornton LLP as Concur's independent registered public accounting firm for the fiscal year ending September 30, 2007.
4. To transact such other business as may properly come before the meeting.

The foregoing items of business are more fully described in the accompanying proxy statement. Only stockholders of record at the close of business on January 22, 2007 are entitled to notice of and to vote at the meeting or any adjournment or postponement of the meeting. A complete list of stockholders entitled to vote at the meeting will be open to the examination of any stockholder, for any purpose relevant to the meeting, at Concur's offices at 18400 N.E. Union Hill Road, Redmond, Washington, during Concur's ordinary business hours for ten days before the meeting.

Fiscal 2007 Proxy Statement

Fiscal 2006 Form 10-K