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SAP Sap SE

247.15
-1.70 (-0.68%)
28 Mar 2025 - Closed
Realtime Data
Share Name Share Symbol Market Type
Sap SE TG:SAP Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.70 -0.68% 247.15 247.10 247.15 249.75 246.10 248.25 20,238 22:50:02

SAP Statement re: Ellison Comments During Oracle Earnings - Sept. 19, 2006

20/09/2006 2:43am

PR Newswire (US)


Sap (TG:SAP)
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WALLDORF, Germany, Sept. 19 /PRNewswire-FirstCall/ -- "Larry Ellison's statements in today's Oracle earnings press release about SAP's product and acquisition strategy are a complete misrepresentation," said Bill Wohl, vice president of product and solutions public relations, SAP. "Since January of 2003, SAP has consistently articulated and delivered on its vision for enterprise SOA following a course of organic growth combined with strategic acquisitions. SAP offers customers market-leading, enterprise SOA applications today while Oracle's next-generation applications exist only in PowerPoint and won't be delivered until 2008 or beyond. mySAP ERP 2005 gives customers and partners a world-class ERP platform with planned, regular functionality enhancements without the need for major upgrades through 2010, and has been shipping to customers since June of 2006. By contrast, Oracle's statements about SAP and their own Fusion progress continue to be inconsistent and misleading. In January, Oracle claimed they were halfway to Fusion and two weeks ago they said they were not even halfway done -- Oracle needs to adopt one version of the truth, and be honest with the market on its actual progress." (Logo: http://www.newscom.com/cgi-bin/prnh/20050310/SFTH009LOGO-a ) For more information, press only: Bill Wohl, +1 (610) 745-0339, , EDT Chimene Stewart, +1 (650) 201-2338, , PDT Jody Andersen, Burson-Marsteller, +1 (415) 591-4101, , PDT http://www.newscom.com/cgi-bin/prnh/20050310/SFTH009LOGO-a http://photoarchive.ap.org/ DATASOURCE: SAP AG CONTACT: Bill Wohl, +1-610-745-0339, or , or Chimene Stewart, +1-650-201-2338, or , both of SAP; or Jody Andersen of Burson-Marsteller, +1-415-591-4101, or , for SAP Web site: http://www.sap.com/

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