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Redwood and REALTECH

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Redwood Software signs Partner agreement with REALTECH to deliver services for Cronacle for SAP solutions

Walldorf, May 3 2006 - Redwood Software, a leading supplier of real-time, event-driven process automation and job scheduling solutions, and REALTECH AG, a leading technology consultancy, specializing in SAP technology, today announced that they have signed a partner agreement.

The agreement is a natural step for both companies considering that REALTECH is the leading SAP partner specializing in SAP® application infrastructure consulting within Germany and a number of other European countries. Correspondingly, Redwood is planning to further address the already extensive technology footprint IT has achieved within the SAP application automation field with high quality, local services.

Solution deployment often requires operational concept evaulation and re-evaulation. REALTECH therefore intends to provide the specialist SAP application infrastructure related services that so many Redwood customers look to rely upon. This will become even more important for SAP customers since SAP itself is reselling the technology under the brand name SAP Central Job Scheduling by Redwood. "REALTECH's wealth of knowledge in terms of SAP application infrastructure related services is critical to our joint success and the success of our customers." says Peter van Haasteren, vice president of sales EMEA for Redwood Software.

"With both SAP and Redwood selling the solution, we expect REALTECH involvement in related services and opportunities to gain even more momentum," says Johannes Lang, Managing Director Consulting at REALTECH. The company is currently in the process of certifying a number of consultants - once this is completed end-user consultancy will commence.

Define groups of assets and assign individual responsibilities. Document business criticality for an asset in terms of confidentiality, integrity and availability. Link critical assets to the business processes they support. Fully integrate with Archer Policy, Threat, Risk and Incident Management solutions. Import data from third-party discovery, scanning and asset management tools. Track vulnerabilities, remediation efforts and configuration changes. Filter real-time alerts and other security content. Utilize advanced reporting and analysis tools.

Today, more than 1,500 companies worldwide have chosen REALTECH. The company has four offices in Germany, as well as subsidiaries in Europe, the Asia / Pacific region, and North and South America. In fiscal 2005, IT posted revenues of 50.1 million euros, and employed a global workforce of 535 on December 31, 2005.

About Redwood Software

Founded in 1993, Redwood Software (www.redwood.com) enables organizations to maximize the value of their IT infrastructure and business information through effective, real-time event-driven process automation, job scheduling and enterprise report management solutions. Redwood has more than 3100 customer installations worldwide from retail, manufacturing and financial giants listed on Fortune’s global list of the worlds 50 largest companies to community hospitals, universities and other regionally run businesses. Redwood is a global organization with offices in Germany, the Netherlands, the U.S., the United Kingdom and Switzerland.

Cronacle™ is a real-time event-driven process automation and job scheduling solution that manages and automates enterprise wide processes from one central point of control, regardless of the underlying platform or application. It executes and monitors the application and platform jobs, centrally managing and mediating the pre-requisites for and dependencies between processes. The Cronacle technology is also used in SAP NetWeaver® to centrally manage execution and application processes across the enterprise. Cronacle increases productivity, efficiency and maximizes utilization of existing resources.

Report2Web™ is a Web-based document, report and output management solution that enables organizations to securely publish, store and deliver documents online. With no need to modify existing applications, it captures, organizes, and stores documents in a centralized repository, extracts meaningful information, and automates the delivery of personalized content to individuals. Report2Web improves the efficiency and reduces the latency of communications, internally and to external business partners and customers, saving time, money and providing improved information security.

Press Contacts

Richard Page

Senior Vice President Global Marketing

Phone: +44 (0) 118.977.2200

Email: Richard.Page@redwood.com

Bettina Mayer

Consulting Marketing Manager at REALTECH AG

Email: Bettina.Mayer@realtech.com

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