Companies to Co-Innovate Solutions for the Life Sciences and Alcoholic Beverage Industries
SANTA CLARA, Calif. — Delivering on its commitment to help customers and partners experience the business value of enterprise service-oriented architecture (enterprise SOA), SAP AG (NYSE: SAP) today announced it has made a minority investment in Conformia Software Inc. (Conformia). Conformia is emerging as a market leader and innovator of enterprise solutions for product and process lifecycle management (PPLM) across regulated process manufacturing industries, such as life sciences and alcoholic beverages. Today’s announcement marks the fourth investment for SAP’s $125 million global SAP NetWeaver® Fund and underscores SAP’s commitment to fuel the development of innovative solutions built on the SAP NetWeaver® platform. This announcement was made at Software 2007, being held in Santa Clara, Calif, May 8 – 9.
Delivering on its commitment to help customers and partners experience the business value of enterprise service-oriented architecture (enterprise SOA), SAP AG (NYSE: SAP) today announced it has made a minority investment in Conformia Software Inc. (Conformia). Conformia is emerging as a market leader and innovator of enterprise solutions for product and process lifecycle management (PPLM) across regulated process manufacturing industries, such as life sciences and alcoholic beverages. Today’s announcement marks the fourth investment for SAP’s $125 million global SAP NetWeaver® Fund and underscores SAP’s commitment to fuel the development of innovative solutions built on the SAP NetWeaver® platform. This announcement was made at Software 2007, being held in Santa Clara, Calif, May 8 – 9.
“As part of the SAP ecosystem, Conformia is committed to delivering market-leading solutions that leverage the expertise and investment companies are making in SAP,” said Joe Prang, CEO, Conformia. “Together, Conformia and SAP will be able to improve product operations from raw materials to distribution. This investment will enable us to accelerate our growth and development on the SAP NetWeaver platform.”
“As part of the SAP ecosystem, Conformia is committed to delivering market-leading solutions that leverage the expertise and investment companies are making in SAP,” said Joe Prang, CEO, Conformia. “Together, Conformia and SAP will be able to improve product operations from raw materials to distribution. This investment will enable us to accelerate our growth and development on the SAP NetWeaver platform.”
Conformia’s enterprise solutions enable pharmaceutical and biotechnology development organizations to accelerate development from candidate to commercial production, improve pipeline productivity and time to market – all at a lower total cost of ownership across the product and process development lifecycle. As part of this industry expertise, Conformia continues to forge deeper understanding and clarification of key guidelines between the industry and the Food and Drug Administration (FDA) through a Cooperative Research and Development Agreement (CRADA) focused on the challenges and opportunities in pharmaceutical development, such as Quality by Design (QbD).
Conformia’s enterprise solutions enable pharmaceutical and biotechnology development organizations to accelerate development from candidate to commercial production, improve pipeline productivity and time to market – all at a lower total cost of ownership across the product and process development lifecycle. As part of this industry expertise, Conformia continues to forge deeper understanding and clarification of key guidelines between the industry and the Food and Drug Administration (FDA) through a Cooperative Research and Development Agreement (CRADA) focused on the challenges and opportunities in pharmaceutical development, such as Quality by Design (QbD).
For the alcoholic beverage industry, Conformia provides a global, enterprise-wide, Web-based software platform to effectively manage, monitor and analyze spirits, wine and beer production and compliance from incoming raw materials to bottling.
For the alcoholic beverage industry, Conformia provides a global, enterprise-wide, Web-based software platform to effectively manage, monitor and analyze spirits, wine and beer production and compliance from incoming raw materials to bottling.
The company, headquartered in Sunnyvale, California, received “Powered by SAP NetWeaver®” status for its Scale Up Management System (SUMS), an enterprise solution for pharmaceutical and biotechnology development operations. As a result, customers can rapidly deploy SUMS within environments using the SAP NetWeaver platform and access SUMS functionality within the SAP NetWeaver® Portal.
The company, headquartered in Sunnyvale, California, received “Powered by SAP NetWeaver®” status for its Scale Up Management System (SUMS), an enterprise solution for pharmaceutical and biotechnology development operations. As a result, customers can rapidly deploy SUMS within environments using the SAP NetWeaver platform and access SUMS functionality within the SAP NetWeaver® Portal.
“The SAP ecosystem continues to gain momentum, and the establishment of the SAP NetWeaver Fund further underscores our dedication to co-innovation and driving real customer value with partners” said Zia Yusuf, executive vice president, Global Ecosystem and Partner Group, SAP, and co-manager of the SAP NetWeaver Fund. “We’re pleased to make this investment and look forward to continuing to co-innovate with Conformia to bring unparalleled value to our customers.”
“The SAP ecosystem continues to gain momentum, and the establishment of the SAP NetWeaver Fund further underscores our dedication to co-innovation and driving real customer value with partners” said Zia Yusuf, executive vice president, Global Ecosystem and Partner Group, SAP, and co-manager of the SAP NetWeaver Fund. “We’re pleased to make this investment and look forward to continuing to co-innovate with Conformia to bring unparalleled value to our customers.”
SAP NetWeaver Fund
The SAP NetWeaver Fund was established in May 2006 and focuses on strategic investments in select companies that are committed to the SAP ecosystem and are building innovative solutions based on the SAP NetWeaver platform. Opening up the platform to encourage development and co-innovation has been a key driver for SAP in recent years, and the formation of the SAP NetWeaver Fund represents yet another investment in SAP’s growing ecosystem. Financed out of SAP’s corporate development funds, the $125 million SAP NetWeaver Fund complements the efforts of SAP’s venture arm, SAP Ventures, and is managed jointly by Zia Yusuf, executive vice president of the Global Ecosystem and Partner Group at SAP, and Jim Mackey, head of Corporate Finance at SAP.
SAP NetWeaver Fund
The SAP NetWeaver Fund was established in May 2006 and focuses on strategic investments in select companies that are committed to the SAP ecosystem and are building innovative solutions based on the SAP NetWeaver platform. Opening up the platform to encourage development and co-innovation has been a key driver for SAP in recent years, and the formation of the SAP NetWeaver Fund represents yet another investment in SAP’s growing ecosystem. Financed out of SAP’s corporate development funds, the $125 million SAP NetWeaver Fund complements the efforts of SAP’s venture arm, SAP Ventures, and is managed jointly by Zia Yusuf, executive vice president of the Global Ecosystem and Partner Group at SAP, and Jim Mackey, head of Corporate Finance at SAP.
Note to editors:
For free video content about SAP, please log onto www.thenewsmarket.com/sap to preview and request video. You can receive broadcast-standard video digitally or by tape from this site. Registration and video is free to the media.
Note to editors:
For free video content about SAP, please log onto www.thenewsmarket.com/sap to preview and request video. You can receive broadcast-standard video digitally or by tape from this site. Registration and video is free to the media.
About SAP
SAP is the world’s leading provider of business software*. Today, more than 39,400 customers in more than 120 countries run SAP® applications—from distinct solutions addressing the needs of small businesses and midsize companies to suite offerings for global organizations. Powered by the SAP NetWeaver® platform to drive innovation and enable business change, SAP software helps enterprises of all sizes around the world improve customer relationships, enhance partner collaboration and create efficiencies across their supply chains and business operations. SAP solution portfolios support the unique business processes of more than 25 industries, including high tech, retail, financial services, healthcare and the public sector. With subsidiaries in more than 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)
About SAP
SAP is the world’s leading provider of business software*. Today, more than 39,400 customers in more than 120 countries run SAP® applications—from distinct solutions addressing the needs of small businesses and midsize companies to suite offerings for global organizations. Powered by the SAP NetWeaver® platform to drive innovation and enable business change, SAP software helps enterprises of all sizes around the world improve customer relationships, enhance partner collaboration and create efficiencies across their supply chains and business operations. SAP solution portfolios support the unique business processes of more than 25 industries, including high tech, retail, financial services, healthcare and the public sector. With subsidiaries in more than 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)
(*) SAP defines business software as comprising enterprise resource planning and related applications such as supply chain management, customer relationship management, product life-cycle management and supplier relationship management.
(*) SAP defines business software as comprising enterprise resource planning and related applications such as supply chain management, customer relationship management, product life-cycle management and supplier relationship management.
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.
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.
Copyright © 2007 SAP AG. All rights reserved.
SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver 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.
Copyright © 2007 SAP AG. All rights reserved.
SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver 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.
For customers interested in learning more about SAP products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-1SAP (1-800-872-1727)
For customers interested in learning more about SAP products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-1SAP (1-800-872-1727)
For more information, press only:
Kelly Schwager +1 (650) 215-3224, kelly.schwager@sap.com, CET
Randi Polanich +1 (610) 661-4491, randi.polanich@sap.com, EDT
SAP Press Office, +49 (6227) 7-46315, CET; +1 (610) 661-3200, EDT; press@sap.com
Jody Andersen, Burson-Marsteller, +1 (415) 591-4101, jody.andersen@bm.com, PDT
Uwe Schaad, Burson-Marsteller, +49 69 238 09-31, uwe.schaad@bm.com, CET
For more information, press only:
Kelly Schwager +1 (650) 215-3224, kelly.schwager@sap.com, CET
Randi Polanich +1 (610) 661-4491, randi.polanich@sap.com, EDT
SAP Press Office, +49 (6227) 7-46315, CET; +1 (610) 661-3200, EDT; press@sap.com
Jody Andersen, Burson-Marsteller, +1 (415) 591-4101, jody.andersen@bm.com, PDT
Uwe Schaad, Burson-Marsteller, +49 69 238 09-31, uwe.schaad@bm.com, CET
