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FOR IMMEDIATE RELEASE

UDICo Forms Marketing Alliance for Application Integration with Concur Technologies

Alliance Further Expands Integration Options Resulting In Rapid Implementations and Cost-Savings For Large Market Companies

New York NY, April 2, 2002 - UDICo, a leading developer of middleware and Web Services technology, today announced a marketing alliance with Concur Technologies, Inc. the leading provider of Corporate Expense Management solutions. Through the alliance, UDICo and Concur have the ability to offer compelling application integration tools for companies looking to achieve even greater efficiency during the implementation process.

"Companies with complex implementation requirements need the latest in data integration technology so that their IT departments can stay focused on the business," said Adam Greissman, CEO for UDICo. "TierBroker is easy to use, significantly lowers development costs, and enables customers to use Web services for integration. It's a win-win situation for the customer, Concur, and UDICo."

TierBroker is a solution to overcome integration challenges with no dependencies and with minimum risk. UDICo's TierBroker facilitates the implementation of new and existing business functions with little or no code change. In today's world of multiple data definitions and data sources (SOAP, XML, SWIFT, FpML, ODBC, Oracle, Sybase, etc), TierBroker can help developers concentrate on business functions, while maintaining and building connectivity to other data sources and customer systems.

Concur Expense automates each step of the T&E expense management process - from expense report preparation and approval to policy compliance, data analysis, and reimbursement. Travelers prepare expense reports faster and more accurately, aided by the direct prepopulation of expense data from their corporate charge card and mobile devices. Expense reports are automatically routed to managers, who can more efficiently approve expense reports on-line and receive immediate notification of non-compliant entries. Accounting is more productive because expense reports are delivered on-line and automatically link to financial and payroll systems, eliminating the need to re-key expense data. Easily accessible expense data allows companies to analyze spending trends and negotiate better supplier rates for additional savings.

About Concur Technologies, Inc.

Concur Technologies, Inc. is the leading provider of Corporate Expense Management solutions that automate costly and inefficient business processes. Meeting the needs of businesses of all sizes, Concur's solutions include travel and entertainment expense management, employee requests for vendor payments, and time tracking and reporting, and can be delivered through license and Application Service Provider (ASP) models. Today, over 950 companies, including AT&T, Citigroup, DaimlerChrysler, DuPont, First Union, and Pfizer, have licensed over 2.5 million employees to use Concur's market-leading solutions. Concur's strategic alliances include more than 50 world-class organizations such as ADP, American Express, KPMG Consulting, Inc., Microsoft Corporation, and Microsoft Great Plains Business Solutions. More information is available via the Internet at www.concur.com.

About Universal Data Interface Corporation (UDICo)

UDICo is an emerging leader in data integration and web services software. Founded in 2000, UDICo broke off from PricewaterhouseCoopers with a goal of creating "data without borders" both within the enterprise and throughout the Internet, that can be used quickly, openly, and seamlessly across disparate systems. Whether setting up Web Services or integrating enterprise applications, TierBroker offers a cost effective alternative to custom development, allowing IT departments to direct their efforts toward value-added initiatives, not system integration. UDICo is based in New York City and is privately held. For more information, please visit www.udico.com.



   

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