Former SAP Vice President Joins Vistex

By Vistex Gmbh, PRNE
Thursday, March 25, 2010

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 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.

Udo Hannemann of Vistex GmbH, +49-6227-73-1531

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