NextLabs Unifies Physical and Digital Goods Export Compliance

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NextLabs Technical Data Export Compliance solution now an SAP-endorsed business solution.

NextLabs®, Inc., a leading provider of policy-driven information risk management (IRM) software for large enterprises, today announced that its Technical Data Export Compliance Solution for SAP® Global Trade Services is now an SAP-endorsed business solution. The solution offers comprehensive electronic export compliance covering physical goods, digital goods, and technical data. The solution, integrated with the SAP Global Trade Services application, helps customers automate global trade compliance by actively working to help prevent violations, track and audit the export of physical goods, digital goods, and technical data, and lower the compliance costs associated with various export control regulations.

The Technical Data Export Compliance Solution for SAP Global Trade Services was developed by NextLabs to help meet the export compliance needs of customers in highly regulated industries like aerospace and defense, industrial manufacturing, high tech, chemicals, and energy. Through integration with SAP Global Trade Services, it is designed to handle the export requirements of physical goods, digital goods, and technical data across multiple export regulations such as the U.S. International Traffic in Arms Regulation (ITAR), U.S. Export Administration Regulation (EAR), German BAFA, UK Export Control Act, and Dual Use regulations. It is developed based on significant industry experience and a unique understanding of customer requirements.

“NextLabs is honored to have its Technical Data Export Compliance solution for SAP Global Trade Services endorsed by SAP,” said Keng Lim, CEO and founder of NextLabs. “We are proud to work with SAP and its world-class customers to help improve export compliance and automate technology controls as industries accelerate to increase global collaboration.”

By directly integrating with SAP Global Trade Services and extending the protection of data to email and Windows File Servers, this solution complements the NextLabs Entitlement Manager, another SAP-endorsed business solution that provides attribute-based access control (ABAC) and dynamic authorization for business processes and data in SAP software. With the introduction of this latest solution, NextLabs can now help customers control access to files and control usage rights of technical data across email, Windows File Server, and SAP applications, including SAP ERP, SAP Product Lifecycle Management (SAP PLM), SAP Customer Relationship Management (SAP CRM), SAP Supply Chain Management (SAP SCM), and SAP 3D Visual Enterprise.

"Protection and export control of digital data are key issues companies are facing as they expand into new markets,” said Kevin McCollom, group vice president and general manager, Governance, Risk and Compliance Solutions and Platform Sales Team, SAP. “We are pleased to endorse NextLabs' solution that leverages SAP Global Trade Services to help address digital export compliance and data protection issues that are so vital to our customers’ businesses.”

Solutions endorsed by SAP AG are complementary to SAP software offerings, have been specifically integrated with SAP solutions and tested by SAP, and provide additional choices and flexibility for businesses running SAP software. SAP-endorsed business solutions are offered by SAP partners.

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NextLabs, the NextLabs Logo, Compliant Enterprise, the Compliant Enterprise Logo, Deep Event Inspection, 360 Degree Enforcement, and ACPL are trademarks or registered trademarks of NextLabs, Inc. in the United States.

SAP and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries.

All other company, product, or service names mentioned may be trademarks or service marks of their respective companies.

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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