Triple Point to Showcase SAP Endorsed Commodity Management Solution at SAPPHIRE®
Triple Point Technology, the leading global supplier of cross–industry
commodity trading, risk management and logistics software platforms
will showcase Commodity Management, the only trading and risk management
software solution endorsed by SAP AG, during the SAPPHIRE® 2008 Berlin conference "“ SAP´s
premier business technology event. Commodity Management utilizes best–of–breed components from both Triple
Point and SAP "“ Triple Point´s SAP–endorsed
Commodity SLTM and the SAP® ERP application "“ and optimizes profits across
the commodities supply chain. The tightly integrated software is fully
tested by SAP, eliminating the need for custom integration. It also
delivers a common maintenance program and a common technology platform
providing the highest value at the least risk. "While there are thousands of solutions
available that have achieved Powered by SAP NetWeaver® status, Triple Point Commodity SL is one of 22 SAP–endorsed business
solutions worldwide," stated Angie L.
Halderman, senior director, SAP Global Ecosystem and Partner Group. "More
importantly, Triple Point Commodity SL represents the only such solution
in the commodity trading and risk management software area." Since Triple Point Commodity SL became an SAP–endorsed business solution
in the fourth quarter of 2007, five market–leading commodity companies
including ABB Grain, Engen Petroleum and CITGO Petroleum, have licensed
Commodity Management. "A growing number of global commodity and
energy firms are realizing the uniqueness of the co–developed offering," said Peter F. Armstrong, president and CEO, Triple Point Technology. "The
market now expects a pre–integrated SAP solution that provides both the
best functionality and business value "“ and
we have the distinction of being the one company to meet this criterion." Where to find Triple Point at SAPPHIRE 2008 Berlin: Booth PI 2.7. About Triple Point Technology, Inc. Triple Point Technology is the leader in commodity and energy trading
risk management, scheduling and logistics software solutions. Triple
Point Commodity XL profitably integrates physical and financial markets
from the front–to–back office on a real–time, next–generation platform
for all commodities, including power, oil, gas, coal, base and precious
metals, agricultural products, biofuels and freight. Triple Point´s
award–winning solutions are used by more than 25 percent of both Global
500 commodity trading companies and Global 500 energy companies. Founded
in 1993 and headquartered in Westport, Connecticut, USA, Triple Point
serves clients from five development and support centers located around
the globe. More information is available at www.tpt.com. Commodity SL is a trademark of Triple Point Technology. SAP, SAPPHIRE, SAP NetWeaver 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
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similar expressions as they relate to SAP are intended to identify such
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("SEC"), including SAP´s most recent Annual Report on Form 20–F filed
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forward–looking statements, which speak only as of their dates.