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4/6/2010 Fenwick & West Represents Concur in Pricing of $287.5 Million Senior Notes Due in 2015
   

April 6, 2010 (Mountain View, CA) – Fenwick & West LLP represented Concur Technologies, Inc. (NASDAQ: CNQR), leading provider of on-demand Employee Spend Management services, in its convertible note offering that closed today. Concur raised $287,500,000 through the sale of its 2.5% convertible senior notes due 2015 in a private placement to qualified institutional buyers, and intends to use the proceeds of the offering for general corporate purposes, including potential acquisitions and strategic transactions.

More information about the transaction can be obtained from the Concur website.

The Fenwick & West transaction team was led by corporate partner Horace Nash and included securities partner David Michaels and securities associates Shulamite Shen and Rita Tan, and tax partner Ronald Schrotenboer and tax associate Idan Netser.

About Fenwick & West
Fenwick & West provides comprehensive legal services to technology and life sciences clients of national and international prominence. Fenwick & West is committed to providing innovative, cost-effective and practical legal services that focus on global technology industries and issues. We differentiate ourselves by having a deeper understanding of our clients' technologies, industry environments and business needs than is typically expected of lawyers.

Press Contact:
Horace L. Nash, Chair, Securities Group
650.335.7934
hnash@fenwick.com

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