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Business Services Industry

GetThere Teams Up with SAP to Help Corporations Manage and Reduce Business Travel Costs

Business Wire,  June 24, 2008  

Through Go-to-Market Agreement, Customers to Benefit from More Efficient Processes Across the Entire Business Travel Transaction Chain

AUSTIN, Texas -- GetThere(R), the world's leading online business travel procurement solution, today announced the establishment of a go-to-market agreement with SAP America, Inc. Beginning this summer, SAP will promote GetThere as part of its travel management offering. GetThere's online booking capabilities, together with the SAP(R) Travel Management application, offers companies a best-in-class, automated procure-to-pay solution for business travel.

The announcement comes at a time when corporations, still needing to travel to achieve sales and account management goals, are challenged to maximize travel dollars in the face of escalating costs. GetThere and SAP have proven track records helping corporations reduce costs and recognize more value from their travel budgets.

SAP is a recognized global brand, with customers in 120 countries using a range of products that include enterprise resource planning and customer relationship management services. A significant percentage of America's 100 largest business travel programs use SAP software or services, with the majority of that group also using GetThere for online travel. GetThere, a Sabre Travel Network business, facilitated the booking of $9.4 billion in travel in 2007.

GetThere agency resellers with clients using the SAP expense offering will be able to better support those customers with an interoperable travel expense solution.

"This relationship brings an unmatched package of expertise and scale to corporations, potentially generating significant savings and efficiencies for programs big and small," said Stephen Spears, senior vice president of business development for SAP Americas. "This relationship also represents an unprecedented opportunity for two industry leaders, working together on an optimized solution for an established, impressive roster of clients."

GetThere made the announcement today at its GetThere Summit in Austin, Texas. The Summit brings together travel procurement professionals to discuss relevant issues and online travel advancements that help corporations and travel agency resellers save millions in travel costs. In addition to corporate travel managers, more than 80 GetThere travel agency resellers are represented in the record attendance at this year's event.

"Today's travel environment places immense pressure on corporations to maximize supplier agreements and deploy seamless procurement technologies; a travel expense solution that includes solutions from GetThere and SAP will help meet that need," said Chris Kroeger, senior vice president of GetThere and Sabre Travel Network. "Corporations will also benefit from more efficient processes across the entire business travel transaction chain."

About GetThere

GetThere is the world's leading global online business travel procurement solution, surpassing $9 billion in bookings in 2007. GetThere's proven technology and unparalleled global service infrastructure helps corporations collectively save millions in air and hotel costs. Through its unique relationship with Travelocity(R), GetThere provides a familiar online booking experience for travelers of nearly 4,000 companies, including a majority of multi-national Fortune 200 firms that deploy online booking. GetThere works with all major global distribution systems (GDS). Companies using GetThere and the Sabre GDS together can optimize efficiency and cost savings across the entire travel procurement process. More information is available at http://www.getthere.com.

Sabre Holdings connects people with the world's greatest travel possibilities by retailing travel products and providing distribution and technology solutions for the travel industry. More information is available at http://www.sabre-holdings.com.

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.

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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