Leading Insurance Carriers Worldwide Turn to SAP 600 Insurers and Counting Run SAP Solutions

600 Insurers and Counting Run SAP Solutions

LAKE BUENA VISTA, Fla. - May 21, 2007 - SAP AG (NYSE: SAP) today announced its continuing commitment to empower insurance companies with business process platforms to power processes from financials and human resources (HR) to claims management, distribution and billing. More than 600 insurance carriers across the globe run solutions from SAP, including AIG, Allstate Insurance Company, AOK, General Reinsurance Corporation, Insurance Corporation of BC, Capita Insurance Services Limited, The Cincinnati Insurance Company, Co-operative Insurance (CIS), Delta Lloyd Gruppe, Dongbu Group, Eskom Enterprises, Magna Carta, MLP Finance, MunichRe, Montpelier Re, Öffentliche Versicherung Braunschweig (ÖVBS), Old Mutual Life Assurance Company, Prudential Singapore and Swiss Re. SAP is showcasing solutions for insurance companies at ACORD LOMA 2007, being held in Lake Buena Vista, Florida, May 20 - 22.

In offering integrated solutions that serve as flexible business process platforms, SAP marks another milestone in its long-standing commitment to insurance carriers. Insurers can build their platforms on a stable core of enterprise management as well as industry-specific applications. By reusing or combining the functions, or “enterprise services,” of SAP applications, new processes can be added more flexibly and quickly to suit the specific demands of companies’ service lines, business networks and customers.

“Since we are in a dynamic, ever changing market for specialized insurance, we were looking for a strong partner committed to providing an integrated end-to-end suite to meet our insurance application needs,” said David Lawless, CIO of Magna Carta “We began with SAP Financials as our foundation. After a rapid implementation, we intend to leverage more of SAP’s insurance suite into our core areas such as core billing, claims, reinsurance and policy. Our vision is to leverage the suite to be more nimble in order to meet our client demands.”

SAP takes insurers a step beyond standard processes for property and casualty, life and annuities, and health insurers and enables carriers to rapidly respond to new business requirements and changing regulatory mandates while maximizing existing IT infrastructure. In addition to applications for agency distribution, policy inception, collections and claims management, the SAP for Insurance solution portfolio offers a unique innovation environment to develop new applications and services as well as to enhance existing processes. The solution portfolio enables insurance carriers to streamline processes and leverage knowledge across the organization to increase competitive advantage. It also provides cutting-edge collaboration tools with both internal and external resources, resulting in tighter integration with the various stakeholders in the insurance value chain.

“Leading insurance carriers worldwide rely on SAP to run their business processes and to ensure consistent customer satisfaction while providing the ability to innovate and prepare for future challenges,” said Leo Schneider, senior vice president, Financial Services, SAP AG. “SAP for Insurance enables insurers to leverage existing intelligence data in claims, billing, vendor management and underwriting to maximize their business advantage and deliver more value to their customers.”

At ACORD LOMA 2007, SAP will be showcasing solutions for the insurance industry at booth # 709.

About SAP for Insurance
SAP for Insurance is an industry-tailored solution set designed to help insurance companies control costs and seize new opportunities while strengthening customer loyalty with applications that can be implemented in stages according to the company’s strategic business goals, priorities and available resources. Serving approximately 600 customers in 45 countries, SAP for Insurance tightly links core insurance processes with customer-facing functions and back-office operations—from first customer contact through policy and product management, collections, disbursement, and claims management. (Additional information at <http://www.sap.com/usa/insurance/>)

About SAP
SAP is the world’s leading provider of business software*. Today, more than 39,400 customers in more than 120 countries run SAP® applications—from distinct solutions addressing the needs of small businesses and midsize companies to suite offerings for global organizations. Powered by the SAP NetWeaver® platform to drive innovation and enable business change, SAP software helps enterprises of all sizes around the world improve customer relationships, enhance partner collaboration and create efficiencies across their supply chains and business operations. SAP solution portfolios support the unique business processes of more than 25 industries, including high tech, retail, financial services, healthcare and the public sector. With subsidiaries in more than 50 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE under the symbol “SAP.” (Additional information at <http://www.sap.com>)

(*) SAP defines business software as comprising enterprise resource planning and related applications such as supply chain management, customer relationship management, product life-cycle management and supplier relationship management.

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.

Copyright © 2007 SAP AG. All rights reserved.
SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver 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.

For customers interested in learning more about SAP products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-1SAP (1-800-872-1727)

For more information, press only:
Andrea Robillard, +49 (6227) 7-43933, andrea.robillard@sap.com, CET
SAP Press Office, +49 (6227) 7-46315, CET; +1 (610) 661-3200, EST; press@sap.com
Sven Kahn, Burson-Marsteller, +49 69 238 09-24, sven.kahn@bm.com, CET
Anthony Suarez, Burson-Marsteller, +1 (212) 614-4331, anthony.suarez@bm.com, EDT