More than 60 major Latin American commodity market participants to join the Brazil event

WESTPORT, Conn. (Business Wire EON/PRWEB ) November 17, 2008 -- Triple Point Technology^®, the leading global provider of multi-market commodity and energy risk management software solutions, is presenting together with SAP, a Global Trade Commodity Management Showcase for Latin American market companies on November 18 in Sao Paulo, Brazil. The event will bring together over 60 Latin American market participants to discuss the need for a sophisticated commodity system to help manage the sourcing, selling, trading, risk management and logistics of commodities in the volatile agricultural markets.

It's extremely satisfying to see the rapid customer adoption across commodity and energy markets of Commodity Management, the only trading and risk management software solution endorsed by SAP

Historically high agricultural commodity prices and increased volatility have driven growing demand from agribusinesses requiring advanced systems to improve transparency into data, optimize logistics and better manage risk

The Latin American market is strategic to Triple Point and the showcase is a great opportunity to demonstrate how the Commodity Management solution can improve operations for agricultural organizations.

The tightly integrated software of Commodity Management is fully tested by SAP, eliminating the need for custom integration. It also delivers a common maintenance program and technology platform, providing the highest value at the least risk. Commodity SL seamlessly integrates Triple Point’s real-time, market-based portfolio and enterprise risk management capability with SAP’s advanced logistical and accounting solutions to deliver cutting-edge application functionality and decision support.

“It's extremely satisfying to see the rapid customer adoption across commodity and energy markets of Commodity Management, the only trading and risk management software solution endorsed by SAP,” said Fernando De Allende, vice president, Global Ecosystem and Partner Group, SAP Latin America. “SAP made the strategic decision to team with Triple Point because of its rich industry solution experience with commodity supply, trading, marketing and logistics while understanding customers’ needs to manage risks in commodity trading. Our cooperation with Triple Point underscores the significant benefits of SAP’s customer-focused ecosystem – delivering innovative solutions and greater combined value for our mutual customers.”

The 2008 agriculture markets brought soaring prices and increased volatility, especially in the grains, oilseeds and rice markets. A combination of factors contributed to the historically high prices including poor harvests, sustained demand, export bans, growing demand for agri-products to support biofuel production, trade restrictions, increased activity on commodity markets, soaring oil prices causing fuel and fertilizer costs to rise, and a weak dollar. As prices fall from their earlier peaks, the key question becomes how high they will stay over the medium term. In today’s turbulent and uncertain economic time, never has it been more important to have the tools and systems in place to effectively optimize the commodity supply chain and proactively manage associated risks.

The mineral-and agriculture-rich countries of Latin America, including Argentina, Brazil, Ecuador, Chile and Mexico, play a growing and strategic role in agriculture exports on a global scale. This is especially true for Latin America’s most densely populated country, Brazil, whose exports have increased 58% in the last five years. Latin America is experiencing its coming of age as an economic power spurred by strong demand for its exports, especially from China. Latin America’s major crops include soybeans, oilseeds, sugar and citrus, as well as iron ore and copper. In addition, growing biofuel production adds to Latin America’s importance as the demand for grains, oilseeds and sugar increases.

”Historically high agricultural commodity prices and increased volatility have driven growing demand from agribusinesses requiring advanced systems to improve transparency into data, optimize logistics and better manage risk,” said Michael Schwartz, chief marketing officer, Triple Point. “The Latin American market is strategic to Triple Point and the showcase is a great opportunity to demonstrate how the Commodity Management solution can improve operations for agricultural organizations.”

About Triple Point Technology

Triple Point Technology^® is the leading global provider of multi-market commodity and enterprise risk management software solutions. Triple Point’s Commodity XL™ profitably integrates physical and financial markets on a real-time, service-oriented architecture (SOA) platform for commodities including power, oil, gas, coal, base and precious metals, agricultural products, biofuels and freight. In addition to Triple Point's award-winning commodity and energy trading software being used by more than 25 percent of both Global 500 commodity trading and Global 500 energy companies, other organizations with large raw material and energy exposure, including consumer package goods (CPG), discrete manufacturers and big box retailers, are quickly adopting the Triple Point solution. Named to the Deloitte Technology Fast 50 for ten straight years, Triple Point added to its record-breaking organic growth in 2008 with the acquisitions of INSSINC, the leading provider of hedge accounting and fair value level software and ROME Corporation, the industry leader in credit risk software solutions. Triple Point, headquartered in Westport, Connecticut, USA, was founded in 1993 and serves clients from nine development and support centers located around the globe. More information is available at www.tpt.com.

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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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