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Four51 Signs Joint Marketing Agreement With SAP America, Inc.(Marketwire Via Acquire Media NewsEdge) MINNEAPOLIS, MN, October 7 / MARKET WIRE/ -- Four51 announced today that it has signed a joint marketing agreement with SAP America, Inc. to enable cross promotion of their software applications. Four51 and SAP America will work collaboratively to identify joint account opportunities to bring the Four51 Software as a Service (SaaS) solution into the SAP community and to bring Four51 users into the SAP ecosystem. Together, Four51 and SAP will aim to create a new community of users that leverage business management applications from both companies. In addition to signing a joint marketing agreement with SAP, Four51's latest technology release opened up cross-marketing opportunities for both companies. Four51 incorporated OCI (Open Catalog Interface) functionality, which enables users of SAP? solutions to integrate purchase order processing with their Four51 web-based catalogs. This process allows Four51 customers whose buyers use SAP solutions to interoperate through an entirely electronic workflow. In 2006, Four51 announced an agreement with SAP America to deliver a new integrated e-commerce business management solution for use with the SAP Business One application. The solution provides a comprehensive, easy-to-use, affordable solution for distributors and suppliers of indirect goods. It offers full integration of Four51's e-commerce functionality with SAP Business One. For the latest news on the Four51 offering integrated with SAP Business One, please visit Four51's blog, InsightsFour51 at: http://www.insightsfour51.com/?p=399 "Our vision is to create a best-run industry in which customers who buy print and indirect goods can interoperate easily and efficiently with print sellers and suppliers running Four51 integrated with SAP Business One," said Tim Morin, Four51 executive vice president. "Our joint marketing agreement with SAP America will add significant momentum in our efforts to build a standard platform of common e-commerce and ERP technology for thousands of buyers, sellers and suppliers in the print and indirect goods industry." "We view the Four51 network of buyers, sellers and suppliers as an exciting mega-channel of opportunity," said Conrad Mandala, vice president, SAP Business One North America, SAP Canada Inc. "We are collaborating to bring solutions from SAP and Four51 into our respective ecosystems and, as we do so, we will be aiming to unlock important, new customer opportunities for both of our companies." About Four51 Four51 (www.four51.com) is automating the B2B e-catalog market for more than 1 million users with solutions for purchasing, order management and order fulfillment. Using Four51's Internet catalog technology, sellers can target simple and complex B2B products to a specific buyer desktop while maintaining compliance with all corporate with other relevant B2B technologies such as payment services and back-office systems. For suppliers and manufacturers, Four51's unique approach removes inefficiencies from order processing, manufacturing and go-to-market activities. Suppliers on the Four51 network gain instant, seamless access to thousands of distributors and more than one million buyer-users through a single online platform. 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. Add to Digg Bookmark with del.icio.us Add to Newsvine Contact: Mara Stoltz Four51 952-294-6693Email Contact Copyright ? 2008 Marketwire |