New Breed of Packaged Composite
Applications Gains Momentum; SAP Pursues Aggressive Go-To-Market
Strategy, Provides Support for Customers
LISBON, Portugal - September 5, 2002 - SAP AG (NYSE: SAP) today
announced the growing portfolio of SAP xApps, including the
development of the new SAP xApp Employee Productivity (SAP xEP) and
the upcoming shipment of SAP xApp Resource and Program Management
(SAP xRPM) in response to market demand for the company’s nimble
composite applications that implement new, team-driven processes.
This announcement was made at SAPPHIRE? ’02, SAP’s international
e-business conference being held in Lisbon, Portugal, September 4–6.
SAP recently debuted xApps, a new breed of business applications that drives innovation across the enterprise by constructing an easily accessible team-driven dynamic process that spans a heterogeneous infrastructure of applications as well as structured and unstructured data. Integration and collaboration needs used to trigger organizations to create composite applications from scratch, requiring large in-house development and maintenance costs. SAP xApps deliver composite applications in a packaged way, with most of the initial development and the maintenance of it delivered by SAP. This new breed of practical, composite business solutions sits on top of existing disparate applications and supports cross-functional business processes in order to maximize strategic assets, realize greater return on investment, and lower total cost of ownership.
About SAP
SAP is the world’s leading provider of e-business software
solutions. Through the mySAP.com? e-business platform, people in
businesses around the globe are improving relationships with
customers and partners, streamlining operations, and achieving
significant efficiencies throughout their supply chains. Today, more
than 18,000 companies in over 120 countries run more than 50,000
installations of SAP? software. With subsidiaries in over 50
countries, the company is listed on several exchanges including the
Frankfurt stock exchange and NYSE under the symbol “SAP.”
(Additional information at http://www.sap.com
Any statements contained in this document that are not historical
facts are forward-looking statements as defined in the U.S. Private
Securities Litigation Reform Act of 1995. Words such as "believe,"
"estimate," "intend," "may," "will," "expect," and "project" and
similar expressions as they relate to SAP are intended to identify
such forward-looking statements. SAP undertakes no obligation to
publicly update or revise any forward-looking statements. All
forward-looking statements are subject to various risks and
uncertainties that could cause actual results to differ materially
from expectations. The factors that could affect SAP's future
financial results are discussed more fully in SAP's filings with the
U.S. Securities and Exchange Commission (the "SEC"), including the
SAP Annual Report on Form 20-F for 2001 filed with the SEC on March
28, 2002. Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of their dates.
Copyright ? 2002 SAP AG
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