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April 10, 1996

SAP SHARES FALL AFTER FORRESTER REPORT

By CBR Staff Writer

Shares in SAP AG got the full treatment in Frankfurt yesterday, falling 3% after Handelsblatt quoted a new report on SAP by Forrester Research Inc saying the company would be forced by developments on the Internet to create a new completely new successor to R/3. SAP board member Henning Kagermann told Reuters the company planned no successor to R/3 and that although it needed to make changes to R/3 to enable its use within corporate Intranets, R/3 would not become obsolete. The conclusion that these changes cannot be made within the R/3 platform is wrong, Kagermann asserted, We don’t need a completely new architecture and customers do not need to expect an expensive transition to a new platform.

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