Business Services Industry
Wellogix, Inc. Expands Strategic Partnership with SAP
Business Wire, March 14, 2005
HOUSTON -- Wellogix, Inc. today announced a joint marketing agreement with SAP AG. Under the agreement, the companies will launch a global effort to market a joint industry solution that helps customers automate their procurement functions in a best practice methodology. The agreement between Wellogix and SAP includes SAP's mySAP(TM) SRM product, as well as other procurement offerings from SAP, with the Wellogix CSM(R) suite integrated via SAP's NetWeaver(TM) platform.
Wellogix, Inc. is the global leader in on-demand business solutions that support complex services planning, procurement and payment for energy companies and their service providers. The Wellogix Complex Services Management (CSM(R)) Suite is a complete solution for the planning, procurement and payment of complex oil field services. With intuitive navigation and powerful functionality, Wellogix CSM(R) is designed for deployment across a company's engineering, procurement and financial functions. Remotely hosted and available on-demand, Wellogix CSM(R) can be used as a standalone solution or integrated into an existing business application environment.
As part of the agreement, SAP AG and Wellogix will work together to develop and promote product and service offerings such as the use of Wellogix's CSM Suite in the SAP's NetWeaver XI content partner program.
"For our customers, the procurement of complex services through our applications improves the performance of the business," said Tom Jordan, Vice President of Business Development at Wellogix. "Customer adoption of the SAP NetWeaver(TM) platform is on the rise. We are pleased that the evolution of our relationship with SAP allows us to help customers optimize the business value of the critical technology they rely on for success."
Wellogix products, such as CSM(R) suite will be PIDX compliant, integration certified and "Powered by NetWeaver(TM)" by SAP. SAP certification helps assure customers that the interfaces between Wellogix solutions and SAP solutions are reliable and seamless.
About Wellogix, Inc.
Formed in 1998 and based in Houston, Wellogix is led by an experienced executive team that truly understands the issues and challenges faced by energy companies and their service providers.
Wellogix delivers on-demand business solutions that support complex services planning, procurement and payment for energy companies and their service providers. The company's scalable, flexible and standards-based applications are available on-demand and connect to and integrate with clients' existing applications. Wellogix customers realize immediate and lasting value by focusing resources on higher value activities by utilizing business intelligence to improve decisions and by decreasing risk.
In short, Wellogix solutions improve business performance and reduce cost. For more information about Wellogix products or services, visit http://www.wellogix.com, e-mail info@wellogix.com, or call 713-621-0931.
About SAP
SAP is the world's leading provider of business software solutions(a). Today, more than 26,150 customers in over 120 countries run more than 88,700 installations of SAP(R) software -- from distinct solutions addressing the needs of small and midsize businesses to enterprise-scale suite solutions for global organizations. Powered by the SAP NetWeaver(TM) platform to drive innovation and enable business change, mySAP(TM) Business Suite solutions are helping enterprises around the world improve customer relationships, enhance partner collaboration and create efficiencies across their supply chains and business operations. SAP industry solutions support the unique business processes of more than 25 industry segments, including high tech, retail, public sector and financial services. With subsidiaries in more than 50 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE under the symbol "SAP." (Additional information at http://www.sap.com )
(a) SAP defines business software solutions as comprising enterprise resource planning and related software solutions such as supply chain management, customer relationship management, product life-cycle management and supplier relationship management.
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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