CitiXsys Awarded SAP Pinnacle Award

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Global Partner Award Recognizes SAP Partners that Made Exemplary Contributions to the SAP's Ecosystem

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SAP is committed to extending the customer experience by orchestrating a unique ecosystem to foster co-innovation between SAP, customers, and partners

CitiXsys is pleased to announce it has been awarded an SAP® Pinnacle Award as the SME Global Innovation Partner. Pinnacle Awards were granted to leading SAP partners that have excelled in enhancing the customer experience by teaming with SAP to help customers address critical issues such as accelerating innovation and improving return on investment. Winners were selected based on nominations received from partners and SAP employees. CitiXsys received the award at a special awards ceremony held on the eve of SAPPHIRE® Vienna, SAP's international customer conference being held May 19 - 21.

"SAP is committed to extending the customer experience by orchestrating a unique ecosystem to foster co-innovation between SAP, customers, and partners," said Zia Yusuf, executive vice president, Global Ecosystem and Partner Group, SAP. "This year's SAP Pinnacle Awards recipients have demonstrated industry-focused excellence, innovative solutions and reliable services that address high priority business needs and deliver exceptional customer value. We thank CitiXsys for their dedication and passion to teaming with SAP to help redefine the customer experience."

As an SAP Global Services Partner, CitiXsys has one of the largest teams of customization and implementation professionals in the world and has been actively engaged with SAP in developing localizations for SAP UK, US and India product releases of SAP Business One. With impeccable domain expertise and commitment to develop high-end strategic business applications, CitiXsys delivers solutions that work. CitiXsys utilizes its unique SAP Business One competencies and extensive partner collaboration to provide local expertise to a global network .The company works closely with SAP to deliver innovative and cost effective solutions that ensure customers are up and running on SAP Business One quickly and efficiently.

"We are delighted to receive this award and earn this recognition," said Duncan Wyeth, Vice President - Global Operations at CitiXsys. "Innovation is one of the keys to maintaining a leadership position and gaining substantial competitive advantage in the marketplace. This award validates the shared commitment of SAP and CitiXsys to deliver innovative business solutions in the small and midsize enterprise market and encourages us to strive further to ensure our customers achieve greater business performance and value from our solutions," he added.

With a mature portfolio of retail and distribution solutions, CitiXsys plans to enter new geographies in 2008 and set up more offices globally. Future plans also include providing customers pre-packaged and configured software which is easy to implement.

About CitiXsys:                                                                                        
CitiXsys is a leading provider of solutions for SAP® Business One in the Retail, Warehousing and Distribution Industry. The largest SAP® Business One Services Partner globally, CitiXsys also provides implementation, integration and customization services to SAP partners and customers worldwide. CitiXsys clients have realized the promise of the CitiXsys Advantage: innovation, on-time service delivery, rapid return on investment and high quality products and solutions.

CitiXsys helps clients across North America, Europe, Asia Pacific regions and Africa realize high business impact and value from improved retail, warehouse and distribution solutions in the Business One landscape. Acknowledged as a leading Business One solution provider by industry analysts and experts, CitiXsys' clients include globally recognized companies such as American Express, SAP, Swarovski Optik, Greiche & Scaff, Britannia, Wellborn Cabinet, Inc., Biotique, Colio Wines, Margaret Howell and Alcan. In 2007, CitiXsys was awarded the ISV Partner Sales Excellence Award for Revenue and the prior year the ISV Solution Partner Quality Excellence Award by SAP America, Inc., a subsidiary of SAP AG.

The company has its corporate headquarters in New York City and offices in the U.S, Canada, U.K, Australia and India. For more information please visit: http://www.citixsys.com

SAP, SAPPHIRE and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world. All other product and service names mentioned are the trademarks of their respective companies. Data contained in this document serve informational purposes only. National product specifications may vary.

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.

For more information, contact:
Sangeeta Mehrotra
Sr. Manager- Marcom (Global), CitiXsys
P: 905.361.2886

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