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January 20, 2015
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Redwood Software Announces a New Release of Cronacle®

Significant Enhancements Provide Powerful Enterprise Process Automation® for Business and IT

RALEIGH, North Carolina, January 20, 2015 /PRNewswire/ --

    Redwood Software announced today that a new version of Cronacle, version 9 SP 12, is
now available worldwide. Cronacle is an Enterprise Process Automation platform that
provides key stakeholders with a central point to help drive automation throughout the
extended enterprise.

    Cronacle simplifies the definition, monitoring and analysis of the completion of
business processes such as order-to-cash, procure-to-pay, and supply chain management-just
to name a few. "This release brings process editing to the forefront of the user
experience. Cronacle now combines extensible UI technology with updated terminology," says
Andrew Evers, CTO of Redwood Software. "It provides the detailed, real-time status
visibility that businesses need to quickly identify, analyze, and eliminate process
bottlenecks before they happen."

    SAP resells Cronacle as the SAP(R) Business Process Automation application by Redwood.

    With operations in 32 countries and shipments of more than 44,000 parcels every
business day, RS Components (RS), a global distributor for engineers, uses the solution
for increased visibility and complete control across all of its supply chain activities.
According to Matthew Ling, Competency Centre Functional Team Lead at RS: "Orders placed
with us can be ready for dispatch within the hour. This is a high-quality solution that
helped us achieve ROI within 18 months."

    "SAP Business Process Automation gives organizations the holistic control they need
across their business processes," explains Tom Roberts, global vice president, Third-Party
Solutions, SAP. "Customers can focus on achieving their goals and delivering positive
results to their customers instead of spending time chasing their own tasks."

    For more information on Cronacle, visit
https://www.redwood.com/solutions/technology/cronacle. For more on SAP Business
Process Automation, visit http://www.sap.com/business-process-automation or
http://wp.me/p3DO4j-sPq

    About Redwood Software:

    Redwood is the world leader of Enterprise Process Automation(R). Over the last 20
years we have helped more than 3,000 customers automate their mission-critical IT and
business processes. Our customers remove the costs, risks and wasted time of manual tasks
and achieve greater reliability, consistency and accuracy across diverse processes, such
as the financial close, supply chain and business intelligence (BI).

    We have the ability to connect applications from any vendor or source, and we are an
SAP(R) partner. With the industry's widest range of deployment options we offer software,
cloud or appliance. Our Automation Process Packages (APPs) help customers achieve success
in the shortest possible time and with minimum effort.

    Visit http://www.redwood.com for more information.

    (c) Redwood Software 2015. All rights reserved. Redwood Cronacle, RunMyJobs,
Report2Web and Enterprise Process Automation are registered trademarks of Redwood
Software, Inc.

    SAP and other SAP products and services mentioned herein as well as their respective
logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in
Germany and other countries. See
http://www.sap.com/corporate-en/legal/copyright/index.epx for additional trademark
information and notices.

    Any other products or service names mentioned are used for identification purposes
only and may be trademarks of their respective owners.

    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.

Redwood Software

CONTACT: Katie Tidmarsh, Hotwire for Redwood Software, katie.tidmarsh@hotwirepr.com, +44 207 608 8368

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