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MDS Advanced Program Tech Partners with SAP® to Integrate SAP Technology into its Veloxap Solutions as Part of their Offering


[ABU DHABI] – [Mar 3, 2021] MDS Advanced Program Tech (MDSap) today announced it has signed an original equipment manufacturer (OEM) agreement with SAP® (NYSE: SAP). Through this agreement, the company will integrate SAP technologies into its Veloxap solutions as part of their offering. MDSap offers two of its solutions on SAP Store.

“Today’s announcement demonstrates that MDSap is committed to providing customers with a rich integration experience,” said Yves Khoneisser, group CTO of MDSap Group. “Through our SAP partnership, MDSap will help unlock new market potential and extend its Veloxap solution, empowering our customers with ready-made solutions, enabling them to gain faster control and better insight into their business to make timely decisions.”

“At SAP, our partners play a critical role in our success,” said Stephan Kösters, vice president, SAP EMEA South and SAP MEE, software solution partners. “We are happy to announce our extended partnership with MDS Advanced Program Tech because we understand the importance of expanding the applicability and reach of our business solutions and technological innovations. Our partnership is aimed at delivering our vast range of innovative solutions within the Veloxap platform.”

Veloxap is a robust platform built on SAP technology, combining over 25 years’ experience of MDSap tech services. Veloxap provides leading-edge solutions and covers several sectors and areas including omnichannel banking, analytical platforms, infrastructure and investment planning, data governance and GDPR.


About MDSap

MDS Advanced Program Tech (MDSap) helps customers run their businesses better by leveraging technology from SAP and other best of breed industry solution providers. We offer high quality and professional services delivering world-class integrated solutions including database and management, enterprise performance management (EPM), group finance, business analytics, omnichannel banking, human capital management and customer engagement and experience.

MDS Advanced Program Tech is an SAP gold partner and part of the Midis Group, we maintain 10 offices across the Middle East, Turkey and Central Eastern Europe. For more information on MDSap please visit: http://www.mdsaptech.com/


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.

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