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Rajeev Singh Joins PaySimple Board of Directors

DENVER, CO, July 19, 2010– PaySimple, the leading provider of cloud-based, receivables management and payment processing software for small businesses is pleased to announce the addition of Rajeev Singh to its Board of Directors. Singh, currently the President of Concur Technologies, the world’s leading provider of on-demand Employee Spend Management services, joins the Board with an extensive background in business management software solutions.

As a member of the PaySimple Board of Directors, Singh will play a key role in advising the company on strategic business operations and expansion decisions. He brings to the table extensive experience, as well as a solid track record, of helping start-up companies achieve profitable growth in fast-moving markets.

“We’re thrilled to have Rajeev join our Board of Directors,” said Eric Remer, CEO of PaySimple. “His background in building one of the most successful on-demand software companies in the world will enhance the knowledge base of our Board and help propel PaySimple to the top of the electronic payments space.”

"I am very excited to be involved with PaySimple, an innovator in the payment processing space and pioneer in technology for small-to-medium sized businesses,” said Singh. “I'm looking forward to working with the management team as well as the rest of the Board.”

Rajeev Singh co-founded Concur in 1993 and is currently the company’s president and chief operating officer, and a member of the board of directors. Prior to founding Concur, Singh held positions in engineering project management at Ford Motor Company and General Motors. Singh is on the advisory board of Apptio, a cloud-based technology business management company, and is a director for several non-profit organizations including Partnership for Learning and SeeYourImpact.org.

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