Deloitte expands relationship with SAP to provide comprehensive business solutions and services

-- Global VAR agreement with SAP enables Deloitte to extend its range of offerings

NEW YORK, March 12, 2014 /PRNewswire/ -- Deloitte Touche Tohmatsu Limited (Deloitte Global) announced today that it has broadened its relationship with SAP AG (NYSE: SAP). Deloitte Global has signed a global value-added reseller (VAR) agreement with SAP which will permit participating Deloitte member firms to resell SAP® products and product maintenance support services under a single global framework. As a result, participating Deloitte member firms will be able to offer more complete business solutions that include SAP software and SAP maintenance, as well as industry-specific pre-configured solutions, implementation services, and application maintenance support services.

The new agreement enables participating Deloitte member firms to license SAP software offerings directly to clients, allowing clients in participating countries to tap into the power of SAP solutions through a single supplier in one packaged transaction. Deloitte is one of the very few SAP Partners participating in the global VAR program, which has specific entry requirements that include global coverage, reseller capabilities and SAP services.

"We're seeing a trend in the marketplace where clients are looking for creative approaches to lowering the cost of ownership, accelerating benefits and preserving high quality through the implementation of SAP solutions," said Jan Waals, SAP Practice leader at Deloitte Consulting LLP. "Participation in the global VAR program will provide an additional way for us to fulfill these new needs."

"The expanded relationship between SAP and Deloitte will enable participating Deloitte member firms to provide value to customers," said Kevin Gilroy, senior vice president, Global Indirect Channels, SAP. "Deloitte Global's global VAR agreement with SAP will enable customers to more quickly and easily take advantage of Deloitte member firm's expertise in implementation, maintenance and support of SAP solutions."

Deloitte Global's global VAR agreement with SAP comes in addition to its long-standing commitment to SAP and its strategic alliance program. Deloitte member firms' worldwide practices dedicated to SAP solutions now totals more than 11,000 practitioners in over 135 countries. As a testament to Deloitte's skills in SAP solutions, Deloitte has earned multiple honors from SAP, including being the recipient of two SAP North America Partner Excellence Awards for 2013 in the categories "Top Support Services – Technical Quality" and "Top Services Partner – Strategic Industries."  In addition, Deloitte has been recognized for technical quality and innovation excellence through SAP Pinnacle awards.

About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities.  DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as "Deloitte Global") does not provide services to clients.  Please see www.deloitte.com/about for a detailed description of DTTL and its member firms.

Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries, Deloitte brings world-class capabilities and high-quality service to clients, delivering the insights they need to address their most complex business challenges. Deloitte has in the region of 200,000 professionals, all committed to becoming the standard of excellence.

SAP and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries. All other product and service names mentioned are the trademarks 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.

SOURCE Deloitte Touche Tohmatsu Limited