Recent News Links

Date	Press Release	Partner
09/21/2011	Rearden Commerce Announces $133 Million in New Funding from American Express, Citi and JPMorgan Chase
09/21/2011	Rearden Commerce Acquires HomeRun®, Leading Merchant-focused Daily Deals Service and its Group Commerce Platform, OfferEngine™
04/20/2011	Rearden Commerce Identifies Potential for $70 Million Savings
12/16/2010	Global Ground Automation releases Voyageur Reserve™

Press Release

September 21, 2011:  REARDEN COMMERCE ANNOUNCES $133 MILLION IN NEW FUNDING FROM AMERICAN EXPRESS, CITI AND JPMORGAN CHASE

Introduces next-generation merchant offer capabilities with a disruptive combination of large-scale distribution, big data and advanced personalization technology

Foster City, CA (September 21, 2011)  -  Rearden Commerce, creator of the Deem™ platform, today announced that it has secured $133 million in new funding from current investors American Express and JPMorgan Chase, as well as from new investor Citi. The new financing will be used for various high-growth initiatives, including acquisitions, working capital and debt repayment.

The expansion of the Deem platform will be fueled in part by Rearden Commerce’s acquisition of HomeRun.com, creator of the HomeRun® social buying service and its group commerce platform, OfferEngine™, which Rearden Commerce also announced today.

“Our focus is on building customer loyalty, and the Deem platform has helped us make considerable progress in rewarding our customers,” said Eileen Serra, president, Chase Card Services. “We look forward to continuing to innovate with Rearden Commerce.”

Over the past 12 months, Rearden Commerce has grown at a significant rate: more than tripling its distribution channel penetration giving it access to more than 60 million consumers, and quadrupling its merchant network to over 1.2 million. Ecosystem partners include market leaders in business travel, small business solutions, as well as consumer loyalty and merchant services, who can leverage the Deem platform, big data and their scale to transform the interaction between their customers and merchants.

“We’re excited to continue partnering with Rearden Commerce to deliver the most personalized, localized and contextual offers to our SERVE customers and partners,” said Dan Schulman, Group President, Enterprise Growth, American Express. “With our next-generation digital payments platform and Rearden Commerce’s innovative Merchant and Consumer Apps, we look forward to working together to transform personal and micro business commerce.”

In the next several months, Rearden Commerce intends to launch next-generation Merchant Offer Apps for both consumers and merchants, as the company continues to expand beyond its initial beachhead in Business Travel, launched in 2005. Rearden Commerce has since added smart apps in Mobile in 2007; Consumer Loyalty in 2009 and Small Business applications in Expense and Purchasing in 2008 and 2010, respectively. All of these apps are designed to leverage the Deem platform and be interoperable.

“Citi’s goal is to be world’s digital bank, and as part of this, we are committed to enhancing the client experience,” said Jud Linville, CEO of Citi Cards. “Our collaboration and investment in Rearden Commerce will enable us to deliver more relevant and rewarding opportunities.”

“We are energized by the unique capabilities that each of our partners brings to the Deem ecosystem,” said Patrick Grady, Founder and CEO, Rearden Commerce. “This is a group of some of the world’s most successful leaders in commerce for consumers and merchants alike, and we believe that the combination of their assets and the Deem platform are indeed transformational.”

About Rearden Commerce
Rearden Commerce, creator of Deem™, is transforming commerce on behalf of buyers and sellers. Through a suite of interoperable smart applications, the Deem platform is designed to leverage big data, analytics and semantics technology to optimize the exchange of goods, services, and information with personalization and repeat value to drive customer loyalty. The Deem platform’s smart commerce solutions seek to optimize daily business functions, including travel, procurement and expense management, and are distributed globally by more than 40 strategic partners including American Express and JP Morgan Chase – connecting millions of consumers and over 7,500 business customers across every market segment to more than 1.2 million merchants. Rearden Commerce is headquartered in Foster City, California. For more information about Rearden Commerce, visit www.reardencommerce.com/#!/company/about.html and to learn more about Deem, visit www.deem.com.

This announcement is neither an offer to sell nor a solicitation of an offer to buy any of Rearden Commerce, Inc.’s securities, and shall not constitute an offer or solicitation of sale in any state or jurisdiction in which such offer, solicitation or sale would be unlawful.

Forward Looking Statements
This press release includes forward-looking statements that involve risks, uncertainties and assumptions that are difficult to predict. Words and expressions reflecting optimism, satisfaction or disappointment with current prospects, as well as words such as “believes,” “hopes,” “intends,” “estimates,” “expects,” “projects,” “plans,” “anticipates” and variations thereof, or the use of future tense, identify forward-looking statements, but their absence does not mean that a statement is not forward-looking. Such forward-looking statements are not guarantees of performance and actual results could differ materially from those contained in such statements. Numerous factors could cause or contribute to such differences, including, without limitation, our ability to maintain and increase sales volumes of our products; the ability to continue to appropriately scale costs; our ability to introduce new competitive products and the degree of market acceptance of such new products; the timing and market acceptance of new products introduced by our competitors; our ability to maintain strong relationships with key partners and channels; worldwide technology and financial service spending levels; and general economic conditions. These forward-looking statements speak only as of the date of this release and the Company undertakes no obligation to publicly update any forward-looking statements to reflect new information, events or circumstances after the date of this release.

Press Contact:
Pam Erickson
617-296-1080
pam.erickson@reardencommerce.com

September 21, 2011:   REARDEN COMMERCE ACQUIRES HOMERUN®, LEADING MERCHANT-FOCUSED DAILY DEALS SERVICE AND ITS GROUP COMMERCE PLATFORM, OFFERENGINE™

Core to the Deem™ ecommerce platform, HomeRun® and OfferEngine™ enable merchants to present tailored Social, Local and Mobile offers to customers

Foster City, CA (September 21, 2011)  -  Rearden Commerce, creator of the Deem™ platform, today announced that it has acquired HomeRun.com, creator of the HomeRun® social-buying service and its OfferEngine™ platform, which powers group commerce programs for many of the best known consumer web sites. Transcending today’s basic “Daily Deals” models, the companies intend to leverage a disruptive combination of large-scale consumer and merchant distribution, big data and advanced personalization technology to present highly-relevant offers to consumers based on their identities, locations and context. The accelerated integration of HomeRun.com services into the Deem platform and ecosystem will be supported in part by Rearden Commerce’s receipt of additional investment, as also announced today.

“We are excited to accelerate the evolution of Deem, our ecommerce platform that connects buyers and sellers through absolute relevance in a one-to-one, personalized marketplace,” said Patrick Grady, Founder and CEO, Rearden Commerce. “Adding the expertise in social commerce and game mechanics from the HomeRun.com team, along with their pioneering work in self-service merchant tools, aims to instantly enhance the value of the Deem platform and ecosystem. Ultimately, we are seeking to fundamentally transform commerce by perfecting the interaction between buyers and sellers by correlating an individual’s preferences, location and circumstances with all the options available from merchants – and presenting just those that are relevant to that buyer.”

For Consumers
HomeRun®, which has more than doubled its membership to 3 million subscriptions since February 2011, with approximately 90% of that growth coming from viral marketing, will continue to offer daily deals to customers, and will begin to leverage the powerful assets and personalization capabilities of the Deem™ platform in the coming months. Tens of millions of consumers will also be able to access these capabilities through Deem’s ecosystem of Consumer Loyalty partners.

For Business Buyers
The integration of Offer Engine™ capability into the Deem™ platform will make personalized merchant offers available to the millions of employees within Rearden Commerce’s enterprise and small business customer base. These personalized merchant offers are consistent with the value proposition of all of the Deem™ business applications, notably saving customers money and time on their employees’ everyday spend and activities.

For Merchants
Contrary to the “one and done” approach by Daily Deal sites, Rearden Commerce and HomeRun.com are committed to delivering a sustainable and profitable “return business” merchant model. Merchants can optimize their marketing spend by leveraging powerful, consumer-contextual offers, and dynamically adjusting pricing based on shifting demand and perishable inventory. They should also benefit from tailored Merchant Tools to include on-boarding, customer relationship management (CRM) and analytics.

For Partners
Rearden Commerce’s solutions are widely distributed through market leaders in the Consumer and Small Business Credit Card segments, Small Business Financial Solutions area, Business Travel and Merchant Acquiring markets. The market position and industry span of these partners bring large-scale consumer and merchant distribution and big data to this transformational opportunity. Rearden will market this capability to all of its channel partners and seek new partners in these areas as well as within the Wireless Carrier and Device markets and more. “Rearden Commerce and HomeRun.com share a vision for next-generation commerce: buying and selling on the internet can, and should, be much simpler, more personalized, and integrated into your daily life,” said Brad Brodigan, CEO of HomeRun.com. “By giving merchants superior tools for offer creation and management, together we can enable businesses to realize the true value of leveraging the economics that drive customer loyalty.” Brad Brodigan, HomeRun.com’s CEO, will report directly to CEO Patrick Grady as President of Merchant Services. All HomeRun.com employee teams have been integrated into Rearden Commerce.

About Rearden Commerce
Rearden Commerce, creator of Deem™, is transforming commerce on behalf of buyers and sellers. Through a suite of interoperable smart applications, the Deem platform is designed to leverage big data, analytics and semantics technology to optimize the exchange of goods, services, and information with personalization and repeat value to drive customer loyalty. The Deem platform’s smart commerce solutions seek to optimize daily business functions, including travel, procurement and expense management, and are distributed globally by more than 40 strategic partners including American Express and JP Morgan Chase – connecting millions of consumers and over 7,500 business customers across every market segment to more than 1.2 million merchants. Rearden Commerce is headquartered in Foster City, California. For more information about Rearden Commerce, visit www.reardencommerce.com/#!/company/about.html and to learn more about Deem, visit www.deem.com.

This announcement is neither an offer to sell nor a solicitation of an offer to buy any of Rearden Commerce, Inc.’s securities, and shall not constitute an offer or solicitation of sale in any state or jurisdiction in which such offer, solicitation or sale would be unlawful.

Forward Looking Statements
This press release includes forward-looking statements that involve risks, uncertainties and assumptions that are difficult to predict. Words and expressions reflecting optimism, satisfaction or disappointment with current prospects, as well as words such as “believes,” “hopes,” “intends,” “estimates,” “expects,” “projects,” “plans,” “anticipates” and variations thereof, or the use of future tense, identify forward-looking statements, but their absence does not mean that a statement is not forward-looking. Such forward-looking statements are not guarantees of performance and actual results could differ materially from those contained in such statements. Numerous factors could cause or contribute to such differences, including, without limitation, our ability to maintain and increase sales volumes of our products; the ability to continue to appropriately scale costs; our ability to introduce new competitive products and the degree of market acceptance of such new products; the timing and market acceptance of new products introduced by our competitors; our ability to maintain strong relationships with key partners and channels; worldwide technology and financial service spending levels; and general economic conditions. These forward-looking statements speak only as of the date of this release and the Company undertakes no obligation to publicly update any forward-looking statements to reflect new information, events or circumstances after the date of this release.

Press Contact:
Pam Erickson
617-296-1080
pam.erickson@reardencommerce.com

April 20, 2011:  REARDEN COMMERCE IDENTIFIES POTENTIAL FOR $70 MILLION SAVINGS

Rearden Commerce Identifies Potential for $70 Million Savings in Annual Distribution Costs for the Ground Transportation Industry

Hires ground transportation industry veteran to help realize those savings

SECAUCUS, NJ (April 20, 2011)  -  After analyzing the $1 billion ground transportation network reservation business, Global Ground Automation (GGA), a Rearden Commerce company, reported key findings: the industry has the potential to save $70 million annually in distribution costs by automating the nearly seven million network reservations booked each year. The analysis comes from data collected in GGA’s Affiliate Connect Network, which is powered by TranspoNet®, GGA’s interactive, real-time reservation processing system specifically designed for the ground transportation industry.

"Manual processes are prevalent in the car service industry today, leaving money on the table and the door open to inaccuracies and missed opportunities," said Gregg Tuccillo, CEO, Global Ground Automation. "Our data speaks for itself – automation drives efficiency and value to the delight of the owners, operators and consumers in the ground transportation value chain."

The only service of its kind in the world today, TranspoNet® enables ground transportation providers to electronically communicate with each other – allowing providers globally to submit reservations to affiliates in other cities and receive reservations from their affiliate network. The TranspoNet® system serves as a cost effective solution for managing an affiliate network, tracking of remote reservations, receiving real-time ground transportation information, billing/account reconciliations and other benefits.

To drive the expansion of the Affiliate Connect Network, GGA has hired former Goldman Sachs ground transportation manager Edward Brodeur. Mr. Brodeur will leverage his 20 years experience managing corporate ground transportation needs and managing car service operations to propel the adoption of real-time, bi-directional reservation processing among car services providers.

"We are thrilled to welcome Ed to the team," continued Mr. Tuccillo. "His unique perspective on the market will serve us well as we work toward our goal of automating the industry."

About Rearden Commerce
Rearden Commerce, a next generation eCommerce platform company, offers Smart Apps, services, content and powerful personalization capabilities that enable relevant and meaningful transactions. The company connects millions of consumers and more than 7,500 business customers across every market segment to more than 160,000 suppliers. Rearden Commerce solutions deliver a new approach to spend management in the travel, procurement and finance sectors. The solutions are distributed globally by over 60 strategic partners including American Express, JP Morgan Chase, Paychex and most leading travel management companies. Rearden Commerce has headquarters in Foster City, California and has offices in Secaucus, New Jersey and Wooster, Ohio. For more information, visit reardencommerce.com.

About Global Ground Automation, Inc. (GGA)
Global Ground Automation (GGA), a wholly-owned subsidiary of Rearden Commerce, uses vendor-neutral technology to deliver a one-stop, online, real-time, industry-wide reservation and confirmation system for the car and limousine service industry, coupled with advanced back office reservation, dispatch and accounting systems. GGA brings efficiencies, cost savings and reporting to corporate customers and ground transportation providers. For more information, visit www.globalground.com.

Press Contact:
Tina Martineau
781-331-1978
tina.martineau@reardencommerce.com

December 16, 2010:  GLOBAL GROUND AUTOMATION RELEASES VOYAGEUR RESERVE™

SECAUCUS, NJ (December 16, 2010)  -  Global Ground Automation, Inc. (GGA, a wholly owned subsidiary of Rearden Commerce) today announced the release of Voyageur Reserve™. The next generation of Odyssey. Voyageur will continue to deliver the best automation software experience in the ground transportation industry. The release will bring about new and exciting enhancements that will help your business continue to grow and succeed. We are anticipating the release of Voyageur™ phase I in Q4 2010 with phase II in Q1 2011.

Voyageur's new architecture meets the Payment Card Industry (PCI) payment application security standards. Voyageur™ PCI compliance means that the software meets or exceeds payment card industry-approved guides for keeping your customer's credit card safe and secure. Payment processors have mandated that any vendor who stores or transmits credit card information must conform to PCI guidelines or face significant penalties.

Included in our phase I release:

Communication Enhancements

1. Advanced customer messaging that sends the driver name and cell phone information as an email or text message to the passenger's mobile device based on the ride status.
2. Automated email confirmations of upcoming rides sent to passengers 24 hours prior to pickup time (configurable by passenger or account). The confirmations will provide a summary of trip information.
3. Automated email confirmation of upcoming rides sent to affiliates / farm-outs 24 hours prior to pickup time (configurable by affiliate or account). The confirmations will provide a summary of trip information.