Triple Point Technology Wins SAP(R) Pinnacle Award
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SAP Recognizes Triple Point for Exemplary Contributions to Partner
Ecosystem
WESTPORT, Conn.--(Business Wire)--
Triple Point Technology(R), the leading global supplier of
cross-industry commodity trading, risk management and logistic
software platforms, announced today that it has won the SAP(R)
Pinnacle Award in the category Showcase Leadership for Software
Solution Partners. SAP Pinnacle Awards were granted to leading SAP
partners that have excelled in enhancing the customer experience by
teaming with SAP to help customers address critical issues such as
accelerating innovation and improving return on investment. Award
recipients were selected based on nominations received from partners
and SAP employees. The winners were announced at a special ceremony
held on the eve of SAPPHIRE(R) Berlin, SAP's international customer
conference being held May 19 - 21.
Triple Point Commodity SL(TM) is one of only 22 SAP-Endorsed
business solutions worldwide and is pre-integrated with SAP(R) ERP to
deliver Commodity Management(TM) - the least risk and highest value
commodity trading, risk management and logistics software solution in
the market.
"We are extremely pleased and proud to accept the Pinnacle
Showcase Leadership Award because it's based on delivering customer
value - including innovative applications, proven best practices and
advanced technology - and customer value is something we focus on
everyday," said Michael Schwartz, chief marketing officer, Triple
Point Technology. "SAP and Triple Point have invested over 30,000
development hours in the pre-integrated Commodity Management offering
and that investment is paying off in delivered value to our growing
joint customer base."
Since Triple Point Commodity SL became an SAP-Endorsed business
solution at the end of 2007, five market-leading commodity companies,
including ABB Grain, Engen Petroleum and CITGO Petroleum, have
licensed Commodity Management.
"SAP is committed to extending our customers' experience by
orchestrating a unique ecosystem that is a platform for fostering
co-innovation between SAP, customers and partners," said Zia Yusuf,
executive vice president, Global Ecosystem and Partner Group, SAP.
"Triple Point has provided industry-focused excellence, innovative
solutions and reliable services that address high-priority business
needs and deliver exceptional customer value. We thank Triple Point
and this year's other SAP Pinnacle Awards recipients for their
dedication and passion to teaming with SAP to help redefine the
customer experience."
Although SAP has thousands of partners, only 29 won the
prestigious Pinnacle Award including such notable industry leaders as
IBM, Accenture, Deloitte, Novell, Capgemini and Adobe Systems.
About Triple Point Technology, Inc.
Triple Point Technology is the leader in commodity trading, risk
management, scheduling and logistics solutions. Triple Point Commodity
SL profitably integrates physical and financial markets from the
front-to-back office on a real-time, next-generation platform for all
commodities, including power, oil, gas, coal, base and precious
metals, agricultural products, biofuels and freight. Triple Point's
award-winning solutions are used by more than 25 percent of both
Global 500 commodity trading companies and Global 500 energy
companies. Founded in 1993 and headquartered in Westport, Connecticut,
USA, Triple Point serves clients from five development and support
centers located around the globe. More information is available at
www.tpt.com.
SAP, SAPPHIRE and other SAP products and services mentioned herein
as well as their respective logos are trademarks or registered
trademarks of SAP AG in Germany and in several other countries all
over the world. All other product and service names mentioned are the
trademarks of their respective companies. Data contained in this
document serve informational purposes only. National product
specifications may vary.
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.
Triple Point Technology
Brooke Sforza, 203-291-7979 x235
brookes@tpt.com
Copyright Business Wire 2008
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