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Mindteck to deliver SAP Business One to small businesses in Central Pennsylvania

 
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Harrisburg, PA – August 26, 2008: Mindteck today announced an agreement with SAP Americas to deliver the SAP Business One application to small businesses in central Pennsylvania who are in the service, wholesale, retail and light manufacturing industries. An integrated, affordable business management application designed specifically for small and growing businesses, SAP Business One extends the benefits of SAP’s business applications to a new and rapidly growing segment of customers. As an authorized channel partner for SAP Business One, Mindteck will provide the central PA region businesses with the technology, business process and consulting knowledge to easily adopt successful, long-term IT strategies.
 
With offices in Enola, Pennsylvania, Mindteck is responding to a growing need among small businesses struggling to gain and maintain competitive operating advantages. The partnership will provide software and consulting services to enable small businesses with limited resources and technology infrastructure to gain immediate benefits in better managing their businesses. Together, Mindteck and SAP will provide small businesses the ability to make smart IT decisions, improve future performance, and achieve long-term IT success with little financial or strategic risk.
 
“Mindteck’s leadership team has a strong reputation for creating and building some of the leading software consulting firms in the industry,” said Conrad Mandala, Vice President, SAP Business One, North America, SAP Canada Inc. “We welcome the expertise and consultative selling strategy that Mindteck will bring to the SAP partner ecosystem in support of SAP Business One.”
 
While many small businesses have invested in multiple software applications or in siloed accounting software solutions, many business managers find they lack the ability to access the consolidated real-time view of information they need to make critical decisions when they need it. SAP Business One is designed to help small businesses streamline their operational and managerial processes by providing a single application with robust and fully integrated financials, reporting, manufacturing, customer relationship management (CRM) and e-commerce capabilities.
 
SAP Business One supports companies with as few as ten and as many as several hundred employees, and can be implemented in weeks. The solution’s award-winning Drag & Relate data navigation system provides users with intuitive data access simply by highlighting and dragging pieces of information on the screen. It features an integrated sales force automation system for pipeline tracking, opportunity management, strategic selling, and contact management. SAP Business One also includes embedded integration for online business-to-business as well as consumer-based e-commerce. Key functionalities also include materials requirements planning, comprehensive financial management, with multi-currency, budgeting, and bank reconciliation; a complete inventory management system, with kitting and multi-level price lists; and a comprehensive reporting module that allows easy access to any data.
 
SAP Business One not only provides immediate results in operating efficiency and real-time business decisions, but also comes with an affordable price tag. This affordably priced solution is designed for those businesses that recognize the importance of leveraging business software as an integral component of their business growth strategy.
 
About Mindteck
Mindteck is a global Technology and IT Services Company that delivers business and technology solutions to a wide range of Fortune 500 companies, multinationals and successful SMEs around the globe. Mindteck’s US Headquarters is located in Enola and is the home of its channel partner team for SAP Business One. Mindteck also provides a solution in support of the SAP Business All-in-One solution and niche services globally to large multinational companies.
 
SAP and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries. All other product and service names mentioned are the trademarks of their respective companies.
www.mindteck.com
 
SAP Forward-looking Statement
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.
 
For more information, press only:
Harry Druck
(1) 717 732 2211 x245