Triple Point Technology Wins SAP® Pinnacle Award
SAP Recognizes Triple Point for Exemplary Contributions to Partner Ecosystem.
Westport, CT, May 20, 2008 --(PR.com)-- Triple Point Technology®, the leading global supplier of cross-industry commodity trading, risk management and logistic software platforms, announced today that it has won the SAP® 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® Berlin, SAP’s international customer conference being held May 19 – 21.
Triple Point Commodity SL™ is one of only 22 SAP-Endorsed business solutions worldwide and is pre-integrated with SAP® ERP to deliver Commodity Management™ – 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.
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Triple Point Commodity SL™ is one of only 22 SAP-Endorsed business solutions worldwide and is pre-integrated with SAP® ERP to deliver Commodity Management™ – 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.
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Contact
Triple Point Technology, Inc
Brooke Sforza
203.291.7979
www.tpt.com
Brooke Sforza
203.291.7979
www.tpt.com
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