Smart Village-based Institution will Train Thousands of Country's Future Knowledge Workers

CAIRO, Egypt -- June 8, 2007 -- SAP AG (NYSE: SAP) today announced that the Egyptian Government will soon inaugurate the Middle East region's first SAP Academy, in a bid to accelerate the country's shift toward a service-based, knowledge economy, with an emphasis on developing an educated, skilled workforce.

The SAP Academy will be located in Cairo's Smart Village IT cluster, and it will serve an estimated capacity of 500 students, with a majority of the students expected to be existing government employees.

"SAP's experience in public sector solutions is well documented. We expect Egypt's adoption of SAP to greatly enhance our ability to transform the way our government operates" said H.E Dr. Tarek Kamal, Minister of Communications and Information Technology.

In November of 2007, SAP announced that the Egyptian government had selected SAP as its strategic IT provider for enterprise resource planning (ERP) software, and agreed to a comprehensive memorandum of understanding binding the two parties to a multi-million dollar five-year agreement beginning 2008 with a four-year deal with Egyptian National Postal Organization (ENPO).  Both parties also agreed to establish a partnership for a certified SAP customer support center in Egypt in an effort to boost job creation.

Egypt's Minister for Communications and Information and Technology said at the time that the effective deployment of information technology remains essential to the Egyptian government's national development strategy, and that by joining forces with SAP, the Egyptian government is enhancing competitiveness and economic opportunities.

 "The SAP Academy in Cairo's Smart Village will play a crucial role in driving Egypt's modernization efforts, and we intend to partner with Egypt every step of the way," said Léo Apotheker, deputy CEO, SAP AG.

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About Egyptian Ministry of Communications and Information Technology (MCIT)
MCIT responsibilities range from planning, decision making, on-going research and development in state-of-the-art technologies in topics of interest and special training programs to increase the caliber in ICT-related fields.  

About SAP
SAP is the world's leading provider of business software*. Today, more than 43,400 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® technology 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."

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.

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© Press Release 2008