For Immediate Release

For More Information Contact:

Linda Orwoll, Gelco Information Network, (952) 947-8375; linda_orwoll@gelco.com

Gary Amstutz, WalletWare, Inc.; (949) 262-9380; gary@walletware.com

Katherine Roepke, abDillon All Media (952) 930-0347; ksroepke@dillonagency.com

 

Gelco and WalletWare Partner to Launch Expense Report Service on Palm Handhelds

MINNEAPOLIS, MN, January 31, 2001 -- Gelco Information Network, the largest and most experienced provider of web-based workplace services and software, specializing in business expense management, today announced that it has partnered with WalletWare. WalletWare's ExpensePlus, a Palm OS platform based software package that captures business travel expenses on Palm handheld computers, will integrate with Gelco's ExpenseLink products.

ExpensePlus, a powerful yet easy-to-use software package for Palm OS platform based handhelds, will link with Gelco's ExpenseLink/Direct product to allow mobile travelers to easily record and track expenses when, and where, they occur. Users synchronize expense data entered into the Palm handheld with their desktop version of ExpenseLink providing an automated T&E management service -- including submission, credit card download, approval, and reimbursement.

"Gelco and its partners are looking into the near future to the time when business travelers will take advantage of smaller Internet appliances. This partnership allows mobile users to more quickly and accurately track expenses on their Palm handhelds. The ability to quickly and seamlessly sync those expenses to Gelco is the best of two worlds --convenience for the traveler and fast, accurate expense management for companies," said Jon Klem, Gelco's president and CEO.

"Expense management continues to be an important feature for business travelers and their employers, " said Gabriel Acosta-Lopez, senior director of alliance and partner services at Palm, Inc. "The partnership between Gelco and WalletWare demonstrates how companies can successfully leverage the Palm OS platform to create mobile solutions for Palm handheld users."


About WalletWare

WalletWare, Inc. makes and publishes software for Palm handheld computers and other PDAs, and specializes in creating expense-reporting software that links from Palm handhelds to any custom format on Windows and Macintosh computers. WalletWare also provides programming services to link ExpensePlus on Palm handhelds to any custom corporate expense report form created by Microsoft Excel, Lotus 1-2-3, Lotus Notes, Oracle, FileMaker Pro, Informed, and AppleWorks. WalletWare, Inc. is a privately held software corporation located in Irvine, CA. Visit the WalletWare web site at www.walletware.com.

About Gelco

Minneapolis based Gelco Information Network is a wholly owned subsidiary of HG Holdings, a multinational interest specializing in e-business products and services for mobile employees. Gelco has been providing travel expense management software and services for more than 35 years. As a whole, the company processed approximately $11 billion in reimbursements in 1999. The Expense Management Group serves over 1.5 million users in over 1,200 corporations and federal agencies, including Ericsson, Boeing, The Toro Company, American Home Products, EMC, Gartner Group, Reebok International, Ltd., and the United States Government (including Department of Defense, State Department and NASA).

Leveraging an e-business infrastructure through technology from Sun, Cisco, Oracle, EMC and Microsoft, Gelco is the only company that provides its customers with complete expense and trade fund management solutions. Additionally, through its partnerships and private-label relationships, Gelco provides this e-business technology and infrastructure to application service providers and other providers of travel management services. Visit the Gelco web site at www.gelco.com or call 1-800-444-6588.


ExpenseLink is a registered trademark of Gelco Information Network. ExpensePlus is a registered trademark of WalletWare, Inc. Other trademarks are the property of their respective owners. Palm OS is a registered trademark and Palm is a trademark of Palm, Inc. or its subsidiaries.

WalletWare, Inc. Gelco Information Network