Neptune Orient Lines to Transform its IT Platform With SAP

Leading Container Shipping and Logistics Group Standardizes on SAP Solutions

SHANGHAISAP AG (NYSE: SAP) today announced that Neptune Orient Lines (NOL) (SGX: NO3), one of the world’s largest container shipping, logistics and marine terminals groups, has selected SAP® solutions for the replacement of its financial systems. This is the first project under REMODEL, NOL’s business-driven IT transformation initiative that is designed to enhance NOL’s competitive advantage and support its growth through the consolidation of IT systems across the enterprise. NOL will implement solutions from SAP and Business Objects, an SAP company, to increase visibility, improve efficiencies, optimize business performance and better serve its customers in a highly competitive global environment. The announcement was made at SAP® TechEd 2008, being held in Shanghai, China, November 5–6.

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