Former SAP Vice President Joins Vistex Walldorf, Germany, March by riz74952

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									Former SAP Vice President Joins Vistex

Walldorf, Germany, March 26, 2010

Vistex is pleased to announce that Udo Hannemann, a long-time SAP senior manager, will join Vistex
GmbH as Vice President of Business Development for Europe, effective immediately. Mr. Hannemann’s
expertise in the Consumer Products and Trading industries (Retail and Wholesale Distribution) will
strengthen Vistex’s competency and enhance its solution deployment capabilities across Europe.

During his 17 years at SAP, Mr. Hannemann proved himself in several positions within SAP. Starting as a
logistics consultant for the first SAP R/3 ERP implementation(s), he gained valuable experience in
consulting, sales, solution management, product development, and management. He led a successful
implementation of SAP at the then world’s second largest retail company, and was instrumental in
developing the SAP for Wholesale Distribution industry solution. As an SAP Vice President, Mr.
Hannemann was responsible for Consumer Industries Field Service, SAP’s Wholesale & Trade Industries
Business Unit, and SAP’s Enterprise Service-Oriented Architecture (SOA) Adaptation Program.

“We are convinced we have in Udo Hannemann the right man who will help us further improve our
excellent and strategic relationship with SAP’s solution management, development, and sales
organizations in Walldorf and across all Europe,” said Vistex Founder and CEO, Sanjay Shah. “This is
important to our European business, as we already have five software applications that have been
globally branded by SAP as SAP Solution Extension products, marketed and licensed by SAP on SAP
paper and fully-supported by SAP through the SAP Service Marketplace.”

Mr. Hannemann added, “Vistex delivers world class solutions bringing high value to SAP customers,
based on the foundation of agility, speed, professionalism and passion. I am proud to be part of Vistex
team.”

About Vistex GmbH and Vistex, Inc.

Vistex GmbH is a subsidiary of Vistex, Inc., a global SAP Software Solution Partner, whose mission is to
help SAP customers derive greater value from their SAP investment. Vistex develops and delivers
embedded and fully-integrated add-on applications that enhance SAP “core” functionality in the areas of
contracts, incentives, rebates, and master data. Vistex solutions are licensed by SAP as SAP-branded
Solution Extensions. More information about Vistex is available at http://www.vistex.com.

Contact: Udo Hannemann (+49 6227 73-1531)

SAP, R/3, ECC and other SAP products and services mentioned herein, as well as their respective logos
are trademarks or registered servicemarks of SAP AG in Germany and several other countries around the
world.

								
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