Exaserv Announces Agreement with SAP; Exaserv Exalerate™ – Based on SAP® ERP HCM

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Exaserv announces agreement with SAP; Exaserv Exalerate™ – based on SAP® ERP HCM – to be delivered via a subscription-based model

Exaserv, a global provider of human capital management (HCM) solutions, today announced an agreement with SAP AG through which Exaserv will offer its Exalerate™ solution, which is based on the SAP® ERP Human Capital Management (SAP ERP HCM) solution, via a subscription-based price model.

"Exaserv has been working for the last couple of years to create a full-fledged Software as a Service (SaaS) solution for the HCM market, integrated with SAP ERP HCM,” said Wim De Smet, CEO of Exaserv. “With this new agreement, we can now officially say that we have delivered on this goal. We are pleased to offer Exalerate™ based on SAP ERP HCM, an exciting HCM solution that combines the benefits of SaaS with the power of SAP software.”

As part of the agreement with SAP, Exaserv’s Exalerate solution will include the power of SAP ERP HCM – complemented with Exaserv’s HCM experience and innovation – all in a subscription-based model. Exalerate enables companies to expand the reach of their in-house HCM and payroll solutions without the investment required of traditional ERP implementations. Built on SAP ERP HCM, Exalerate offers an intuitive, web-based user interface designed to speed adoption and increase user satisfaction. By offering the fast time-to-value and easy maintainability of a true SaaS-solution, Exalerate enables HR and IT resources to become more valuable and productive.

“Delivering SAP software in an on-demand environment is a core part of our vision for HCM customers: making solutions available on-premise, on-demand and on-device,” said Mark Reid, vice president, HCM Sales, SAP. “Our customers demand flexible deployment options from SAP and our partner ecosystem. With the Exalerate offering, Exaserv delivers a robust and customizable solution that allows companies to run their HR functions ‘in the cloud’, without giving up the value of a comprehensive and integrated global platform.”

About Exaserv
Exaserv is a global consulting organization that provides SaaS solutions, implementation services, application support and specialized products in support of SAP® ERP HCM. The company utilizes cutting-edge technology and delivery approaches to drive faster implementation and higher return on investment. To lower project costs and achieve meaningful results faster, Exaserv focuses on continued development of products, services and solutions through innovation to make HCM solutions easier to use for customers of all sizes. Exaserv maintains its global headquarters in Alpharetta, Ga., and has European operations in Luxembourg and Asia-Pacific operations in Malaysia.

SAP 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 other product and service names mentioned herein are the trademarks of their respective owners.

SAP Forward-looking Statement
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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Kristen Koser
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Bryant Bateman
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