SAPMarkets Announces Global Partner Program.Business Editors/Technology Writers NICE, France--(BUSINESS WIRE)--Jan. 10, 2001 New Program to Build an Ecosystem Unrivalled in the E-Business (Electronic-BUSINESS) Doing business online. The term is often used synonymously with e-commerce, but e-business is more of an umbrella term for having a presence on the Web. Market, Offering Turnkey See turnkey system. Support to Partner Network SAPMarkets, the SAP AG (company) SAP AG - (Systeme, Anwendungen, Produkte in der Datenverarbeitung - German for "Systems, Applications and Products in Data Processing") A company from Germany that sells the leading suite of client-server business software. The US branch is called SAP America. (NYSE NYSE See: New York Stock Exchange :SAP) subsidiary dedicated to creating and powering globally interconnected business-to-business  This article or section needs copy editing for grammar, style, cohesion, tone and/or spelling.You can assist by [ editing it] now. marketplaces, today announced the launch of the SAPMarkets Partner Program. This program is designed to provide partners with the technology, training and support needed to deliver services and solutions in close coordination with SAPMarkets. Leveraging the large partner base of parent company SAP and closely aligned with the mySAP.com SAP's brand name for its Internet strategy in the late 1990s as well as a name for its business suite. SAP later changed the mySAP.com business suite to mySAP Business Suite. See mySAP. (TM) Partner Value Net Program, the SAPMarkets Partner Program will build an ecosystem unrivalled in the business-to-business marketplace arena. With the ultimate benefit coming to the customer, this program will develop lasting partner alliances that focus on building marketplace applications for a wide range of customer requirements, across multiple industries worldwide. The Partner Program comprises six categories to accommodate a variety of marketplace services: consulting, technology and platform, hosting, support, third-party service providers and application software partners. Depending on the business objectives of each partner, three partnership levels exist: Partners, Key Partners and Most Valuable Partners (or MVPs). This allows for increased flexibility to build and maintain each partnership appropriately. The partner program offers turnkey support throughout the business development and implementation cycle, including joint business planning, sales training, account management, client engagement assistance, technical and architecture support and integration services. Other benefits include entry in SAPMarkets' web-based Partner Directory, a joint marketing program, and access to the SAPMarkets Partner Extranet site. "The SAPMarkets Partner Program is designed for the mutual benefit of our partners and our customers to build strong alliances that will be successful," said Mayur Shah Shah is a Persian term for a monarch (ruler) that has been adopted in many other languages. This term is a Post Islamic Revolution term for monarchs in Iran which is replaced by valie faghih or Supreme Leader. , president of SAPMarkets. "With this program we have formalized for·mal·ize tr.v. for·mal·ized, for·mal·iz·ing, for·mal·iz·es 1. To give a definite form or shape to. 2. a. To make formal. b. the partner process to ensure that each partner receives the dedicated products, services and support teams that will be needed for success. The end result is a strong SAPMarkets ecosystem that delivers comprehensive and flexible e-marketplace solutions to our customers." About SAPMarkets SAPMarkets Inc., a subsidiary of SAP AG (NYSE:SAP), spearheads all business-to-business e-marketplace activities of SAP. Delivering mySAP.com Marketplaces, SAPMarkets extends the market leadership of SAP in inter-enterprise software solutions. In its "dream team" alliance with Commerce One, SAPMarkets enables enterprises and communities of all sizes and industries to efficiently conduct collaborative business on the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the . Examples of such seamless cooperation through marketplaces include the dynamic linking of buyers and sellers, auctioning and tendering, collaborative forecasting and engineering beyond enterprise boundaries. SAPMarkets, based in Palo Alto Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. , Calif., can be found at http://www.sapmarkets.com. This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. based on beliefs of SAP management. Any statements contained in this press release that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. The words "anticipate," "believe," "estimate," "expect," "intend," "may," "plan," "project," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. Such statements reflect the current views and assumptions of SAP, and all forward-looking statements are subject to various risks and uncertainties that could cause results to differ materially from expectations. The factors that could affect future SAP financial results are discussed more fully in SAP filings with the U.S. Securities and Exchange Commission (the "SEC"), including the SAP Annual Report on Form 20-F for 1999 filed with the SEC on April 7, 2000. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. SAP undertakes no obligation to publicly update or revise any forward-looking statements. Copyright (c) 2001 SAP AG SAP and mySAP.com are trademarks or registered trademarks of SAP AG in Germany and several other countries. Other product or service names mentioned herein are the trademarks of their respective owners. |
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