SAP Surpasses Milestone in Product Strategy as 10,000 Customers Run Latest ERP Release

WALLDORF, Germany, July 1 /PRNewswire-FirstCall/ — SAP AG (NYSE: SAP) today announced a historic landmark in its product release strategy: The latest release of its market-leading enterprise resource planning (ERP) application, SAP(R) ERP, has been selected or installed by more than 10,000 customers, including Bank of America, Brazilian petrochemical company Braskem, and Kraft Foods. In addition, independent analyst firm Gartner Inc. recently ranked SAP as the 2007 Market Share leader in the ERP category with a market share of 27.5 percent, surpassing the second-ranked vendor who was ranked at 13.9 percent.(1)