NEWTOWN SQUARE, Pa. - July 21, 2008 - — Today, SAP (NYSE: SAP) announced that it has chosen to wind down operations of TomorrowNow, a subsidiary it purchased in February 2005 that has provided third-party support for Oracle and other applications.
SAP is working directly with TomorrowNow’s more than 225 current customers to help them return to support from Oracle for those customers on PeopleSoft, JDEdwards or Siebel applications or to smoothly transition to new support options.
“Our goal is to assist our customers in transitioning to a new support provider, including Oracle, without a disruption to their support during the wind-down process,” said Mark White, executive chairman, TomorrowNow.
SAP intends to conclude the wind-down process prior to October 31, 2008.
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