WALLDORF, Germany and NEWTOWN SQUARE, Pa – August 05, 2010 – As the scheduled trial approaches, SAP AG (NYSE: SAP) today announced another step in its continuing efforts to resolve the TomorrowNow lawsuit. In pre-trial filings made today to the Court, SAP proposed that it would not contest the liability of TomorrowNow for copyright infringement and downloading conduct alleged in Oracle’s complaint. SAP further stated that it will accept financial responsibility for any judgment awarded against TomorrowNow, despite the fact that SAP was not involved in TomorrowNow’s service operations and did not engage in any of the copying or downloading alleged in Oracle’s complaint.
Importantly, SAP said it will continue to present arguments and evidence demonstrating that Oracle’s damages claims in this matter are vastly overstated.
“By accepting responsibility for TomorrowNow’s actions, SAP is taking a decisive move to focus the issues in the case. We acknowledged three years ago that TomorrowNow made mistakes, and we took direct action to address Oracle’s concerns, including shutting down the company nearly two years ago,” said Werner Brandt, CFO, SAP. “SAP is committed to compensating Oracle for the harm the limited operations of TomorrowNow actually caused. Oracle’s unreasonable damages claims are an unproductive distraction as we work to find a fair resolution in this case.”
The trial is currently scheduled to begin on November 1, 2010. It is scheduled for six weeks. For more information on the case, please visit http://www.tnlawsuit.com.
SAP is the world’s leading provider of business software(*), offering applications and services that enable companies of all sizes and in more than 25 industries to become best-run businesses. With more than 102,500 customers in over 120 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE, under the symbol “SAP.” For more information, visit www.sap.com.
(*) SAP defines business software as comprising enterprise resource planning, business intelligence, and related applications.
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