SAP SI Helps Los Angeles Community College District Launch SAP Financial and Public Sector Software

Business Wire, Sept 30, 2002

Business/High-Tech Editors

ATLANTA--(BUSINESS WIRE)--Sept. 30, 2002

Nation's Largest Community College District Lowers Costs, Gains Information And Speeds Processes Through Installation of SAP(R) R/3(R)

SAP Systems Integration America (SAP SI) today announced that it has helped the Los Angeles Community College District (LACCD) successfully launch a complete suite of SAP(R) financial software to improve the district's business operations by reducing paperwork, streamlining processes, and delivering new information and reports.

SAP SI provided consulting and recommended best practices that enabled the district to go live with SAP in July, as scheduled and under budget.

LACCD will achieve lower operational costs, better access to information and faster procurement and payment processes through SAP software. The nation's largest community college district, which serves nine colleges and 130,000 students, previously relied on a variety of outdated technology from the 1960s and 1970s.

SAP SI installed SAP R/3(R) version 4.6C, including financial applications for accounts payable/receivable and cost center accounting, asset management, funds management, project systems and materials management. In addition, SAP SI helped the district adopt the SAP Industry Solution for Public Sector (ISPS) to take advantage of extended functionality customized specifically for businesses in the public sector.

"We are pleased to have worked with LACCD to complete this phase of the SAP implementation. The tools implemented will enable the district to dramatically improve its business processes," said Jim Buckler, director of Public Sector Higher Education for SAP SI America. "By creating greater access to information and decentralizing the district's business processes, we have provided access to more timely and accurate information for college decision-makers."

LACCD selected SAP SI as its implementation partner last year due to the company's strong public-sector experience and prior installations at the University of Nebraska, the University of Mississippi and other universities.

"We are committed to delivering a high-quality education to thousands of Southern Californians, and we knew that SAP SI's experience with higher education and the public sector would benefit our district employees and students," said Peter Landsberger, senior vice chancellor for the Los Angeles Community College District. "With the implementation of SAP, the District has taken a major step forward. We've begun to leave our outmoded systems behind; we're realizing immediate benefits from the strength and versatility of the new systems; and SAP's superb technology gives us a solid foundation on which to build new functionality for years to come."

About Los Angeles Community College District

The Los Angeles Community College District is one of the largest community college districts in the world. It consists of nine colleges: Los Angeles City College, East Los Angeles College, Los Angeles Harbor College, Los Angeles Mission College, Los Angeles Southwest College, Pierce College, Los Angeles Trade-Technical College, Los Angeles Valley College and West Los Angeles College. It currently enrolls 130,000 students in transfer, vocational education and lifelong learning programs. The district covers an area of more than 882 square miles.

SAP Systems Integration AG

SAP Systems Integration AG provides enterprises and public institutions with end-to-end IT services. The internationally operating consulting company implements and operates IT systems in an SAP(R) environment and integrates heterogeneous system landscapes -- even across company boundaries. SAP SI has approximately 1,800 employees around the world and earned revenues of $232 million (U.S.) in fiscal year 2001.

This press release contains forward-looking statements based on beliefs of SAP SI management. Any statements contained in this press release that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. The words "anticipate," "believe," "estimate," "expect," "intend," "may," "plan," "project," "should" and "will" and similar expressions as they relate to SAP SI are intended to identify such forward-looking statements. Such statements reflect the current views and assumptions of SAP SI, and all forward-looking statements are subject to various risks and uncertainties that could cause results to differ materially from expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. SAP SI undertakes no obligation to publicly update or revise any forward-looking statements.

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