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PRESS RELEASE   Crossgate Announces Global Reseller Agreement with SAP; Relationship Encompasses Next-generation B2B Strategy   Companies Establish Foundation to Enable Global Business-Ready Network      LONDON, Heathrow – February 23, 2010 – Crossgate Inc., the global expert in business-to-business integration (B2B), has announced a global reseller agreement with SAP AG, though which SAP will resell Crossgate’s B2B engine and associated partner profiles under the name SAP® Information Interchange application by Crossgate. The solution, available today, allows customers to streamline business-to-business (B2B) processes and enables a business-ready network, and also demonstrates SAP’s continued commitment to delivering additional choice and flexibility to customers through collaboration with partners.   “We estimate that upwards of 50 percent of an organization’s revenue and spend is coordinated with other enterprises utilizing SAP applications,” said Stefan Tittel, CEO, Crossgate. “By utilizing enterprise services and SAP Information Interchange by Crossgate, thousands of SAP customers will be turned into one network and enabled for business-to-business information exchange, transaction execution, and collaboration with each other and with the outside world.”   SAP Information Interchange allows companies to exchange electronic purchase orders, forecasts, invoices, delivery notes and other documents directly from their SAP applications, eliminating the need for legacy B2B translators and electronic data interchange (EDI) mapping tools. SAP customers will now be able to purchase a trading-partner-specific profile rather than building, deploying and adapting one-to-one mappings every time a new business-partner requirement surfaces.   The initial interfaces of SAP Information Interchange will be based on standard intermediate document (IDOC) technology and extended to support enterprise services as defined in a joint solution roadmap. Through the use of enterprise services, all users of SAP solutions will be turned into one network and enabled for “out-of-the-box” information exchange, transaction execution, and collaboration with each other. The resulting business-ready network will help make SAP customers semantically compatible with each other and with the outside world, reduce today’s B2B costs, and make internal ERP processes independent from ever-changing B2B requirements of trading partners.   “In today’s global economy, companies need to meet the challenges of an ever-expanding network of customers and partners,” said Lori Mitchell-Keller, senior vice president, SAP Business Suite Solution Management, SAP AG. “SAP Information Interchange by Crossgate expands our commitment to help our customers integrate business partners around the world, while leveraging the investments they have already made. Enterprise services form the foundation of our applications, and through our cooperation with vendors such as Crossgate, we will be extending that expertise to transform their business networks.”   The official North American market launch of SAP Information Interchange by Crossgate is scheduled to take place at the SAP Insider Logistics and Supply Chain Management conference, Feb. 23-26, in Orlando, Fla. The European launch is planned for the SAP World Tour conference, March 2-5, which will be held parallel to CeBIT 2010 in Hannover, Germany.           About Crossgate UK Limited.   Crossgate offers the world's first Business-Ready Network, guaranteeing 100% integration of business partners, clients and suppliers. A single connection to the Network means electronic data exchange with any business partner regardless of their technical capability. In addition, Crossgate's B2B-360° Services provide clients direct access to all integrated business partners in the B2B transaction network via their SAP systems. With its legally compliant e-Invoicing Services, Crossgate also provides an innovative and 100% secure solution to cover the entire process of incoming and outgoing invoices, including signatures, global compliance monitoring, and secure automated long-term archiving. More than 40,000 business partners, representing over 10 industries, currently exchange documents and data via the Business-Ready Network.   Crossgate is represented at four sites in Germany, with operations in Atlanta, London, Milan, Paris, and AsiaPac. For more information, visit http://www.crossgate.com   # # #   SAP and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries. All other product and service names mentioned are the trademarks of their respective companies.   SAP Forward-looking Statement 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 “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” 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 ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.   Crossgate UK Limited, Emma Paver, emma.paver@crossgate.com, Tel: +44 (0)209 757 5888, Fax: +(0)208 757 5887    
by Joerg Klueckmann
Posted on Thu, 02/25/2010 - 08:00

Hi Emma,

 

do you really believe posting your press release in  aris community is valuable content? I dont think so. Please dont spam us.

 

Cheers

 

Joerg

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by Nina Uhl
Posted on Thu, 02/25/2010 - 09:03

I am sure nobody is interested in "copy and paste"-articles without any relation to our BPM topics...

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