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TheStreet Open House

Newsbyte: SAP Appoints Rick Costanzo As Executive Vice President And General Manager Of Global Mobility Solutions

WALLDORF, Germany, Feb. 19, 2014 /PRNewswire/ --  SAP AG (NYSE: SAP) today announced the appointment of Rick Costanzo as executive vice president and general manager of Global Mobility Solutions. In this role, Costanzo will lead a team of professionals in field sales, enablement and solutions management across the comprehensive SAP mobile product portfolio to drive customer success. He will report to Steve Lucas, president of the Platform Solutions Group.

(Logo: http://photos.prnewswire.com/prnh/20110126/AQ34470LOGO)

"Rick's extensive experience in the enterprise mobility market, combined with SAP's enterprise mobile solutions portfolio, will help our customers embrace a 'mobile first' mindset to accelerate their business," said Lucas. "We are confident that under Rick's leadership, SAP will continue to lead and drive continued innovation in the enterprise mobile market."

Costanzo brings an extraordinary amount of enterprise mobile expertise and leadership experience to SAP. His understanding of mobile solutions and telecommunications has been developed over more than 20 years in senior management roles, including network services, operations, marketing and sales at both BlackBerry and AT&T. Most recently, Costanzo was executive vice president of Global Sales at BlackBerry, where he led the sales organization to new levels of execution with enterprise customers and mobile services providers.

Costanzo holds a degree with honors from the University of Toronto and is a member of the Institute of Directors for the United Kingdom and is a patent holder. He currently serves as a member of the Advisory Board for Mobile World Capital Barcelona.

For more information, visit the SAP Newsroom. Follow SAP on Twitter at @sapnews.

Media Contact: Scott Malinowski, +1 (978) 561-1334, scott.malinowski@sap.com, EST

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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