SAP Completes Tender Offer for Shares of Sybase, Inc.

WALLDORF, Germany, July 27 /PRNewswire-FirstCall/ — SAP AG (NYSE: SAP) today announced the completion of the cash tender offer for all outstanding shares of common stock of Sybase, Inc., by Sheffield Acquisition Corp., a wholly-owned subsidiary of SAP, which expired at 9:00 p.m., New York City time on Monday, July 26, 2010. American Stock Transfer & Trust Company, LLC, the depositary for the tender offer, has indicated that, as of the expiration of the tender offer 80,929,717 shares of common stock of Sybase had been tendered into and not properly withdrawn from the tender offer (including 9,293,901 shares of common stock tendered pursuant to the guaranteed delivery procedures). These shares represent approximately 92.1% percent of Sybase’s outstanding shares of common stock, or 91.8% percent on a fully diluted basis (as determined pursuant to the previously announced merger agreement between SAP America, Sheffield Acquisition Corp. and Sybase). All Sybase shares that were validly tendered into the offer and not properly withdrawn have been accepted for payment.

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SAP also announced that it intends to effect a short-form merger under Delaware law as promptly as practicable, without the need for a meeting of Sybase stockholders. As a result of the merger, the remaining Sybase stockholders (other than those who properly exercise appraisal rights under Delaware law) will receive the same $65.00 per share price, without interest and subject to any required withholding of taxes, that was paid in the tender offer. After the merger, Sybase will be a wholly owned subsidiary of SAP America, and Sybase shares will cease to be traded on the NYSE.

About SAP

SAP is the world’s leading provider of business software(*), offering applications and services that enable companies of all sizes and in more than 25 industries to become best-run businesses. With more than 102,500 customers in over 120 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE, under the symbol “SAP.” For more information, visit www.sap.com.

(*) SAP defines business software as comprising enterprise resource planning, business intelligence, and related applications.

Additional Information and Where to Find It

This press release is neither an offer to purchase nor a solicitation of an offer to sell securities. The tender offer is being made pursuant to a tender offer statement (including an offer to purchase, letter of transmittal and related tender offer documents), which was filed by SAP, SAP America, Inc. and Sheffield Acquisition Corp. with the U.S. Securities and Exchange Commission (the “SEC”) on May 26, 2010. In addition, on May 26, 2010, Sybase filed a solicitation/recommendation statement on Schedule 14D-9 with the SEC related to the tender offer. Stockholders of Sybase are strongly advised to read the tender offer statement and the related solicitation/recommendation statement, and all amendment thereto, because they contain important information that stockholders should consider before making any decision regarding tendering their shares. The tender offer statement and certain other offer documents, as well as the solicitation/recommendation statement, will be made available to all stockholders of Sybase at no expense to them. These documents are available at no charge on the SEC’s website at www.sec.gov. The tender offer statement and related materials may be obtained for free by directing a request by mail to the information agent for the tender offer, Mackenzie Partners, Inc., 105 Madison Avenue, New York, New York 10016 or by calling toll-free (800) 322-2885.

Follow SAP on Twitter at @sapnews.

For more information, press only:

Christoph Liedtke, SAP, +49 (6227) 7-50383, christoph.liedtke@sap.com, CET

Jim Dever, SAP, +1 (610) 661-2161, james.dever@sap.com, EDT

Mark Wilson, Sybase, +1 (925) 236-4891, mark.wilson@sybase.com, PDT

For more information, financial community only:

Stefan Gruber, SAP, +49 (6227) 7-44872, investor@sap.com, CET

Martin Cohen, SAP, +1 (212) 653-9619, investor@sap.com, EDT

Charlie Chen, Sybase, +1 (925) 236-6015, charlie@sybase.com, PDT

Forward-Looking Statements

This release contains forward-looking statements that involve risks and uncertainties concerning the parties’ ability to close the transaction. Actual events or results may differ materially from those described in this release due to a number of risks and uncertainties. These potential risks and uncertainties include, among others, the outcome of regulatory reviews of the proposed transaction and the ability of the parties to complete the transaction. Sybase is not obligated to update these forward-looking statements to reflect events or circumstances after the date of this document.

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. Statements regarding the expected date of closing of the merger are forward-looking statements and are subject to risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

Copyright © 2010 SAP AG. All rights reserved.

SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world. All other product and service names mentioned are the trademarks of their respective companies. Data contained in this document serve informational purposes only. National product specifications may vary.

SOURCE SAP AG

Bottomline Technologies Prices Underwritten Public Offering of Common Stock

PORTSMOUTH, N.H.–(Business Wire)–
Bottomline Technologies (NASDAQ: EPAY), a leading provider of collaborative
payment, invoice and document automation solutions, today announced the pricing
of an underwritten public offering of 4,200,000 shares of its common stock at a
price of $14.50 per share. The company has also granted to the underwriters a
30-day option to acquire an additional 630,000 shares to cover overallotments in
connection with the offering. After the underwriting discount and estimated
offering expenses payable by the company, the company expects to receive net
proceeds of approximately $57.6 million, assuming no exercise of the
overallotment option. The offering is expected to close on June 9, 2010 subject
to customary closing conditions. Needham & Company, LLC is acting as sole
book-running manager for the offering. William Blair & Company, L.L.C. is acting
as co-lead manager and Canaccord Genuity Inc., Craig-Hallum Capital Group LLC
and Barrington Research Associates, Inc. are acting as co-managers.

The shares described above are being offered by Bottomline pursuant to a
registration statement previously filed with and subsequently declared effective
by the Securities and Exchange Commission.

This press release shall not constitute an offer to sell or the solicitation of
an offer to buy any of the securities described herein, nor shall there be any
sale of these securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of any such state or jurisdiction. Copies of the
prospectus supplement and accompanying base prospectus relating to this offering
may be obtained from Needham & Company, LLC, 445 Park Avenue, New York, NY
10022, at 1 (800) 903-3268.

About Bottomline Technologies

Bottomline Technologies (NASDAQ: EPAY) provides collaborative payment, invoice
and document automation solutions to corporations, financial institutions and
banks around the world. The company`s solutions are used to streamline, automate
and manage processes involving payments, invoicing, global cash management,
supply chain finance and transactional documents. Organizations trust these
solutions to meet their needs for cost reduction, competitive differentiation
and optimization of working capital. Headquartered in the United States,
Bottomline also maintains offices in Europe and Asia-Pacific.

Bottomline Technologies and the BT logo are trademarks of Bottomline
Technologies (de), Inc. which may be registered in certain jurisdictions. All
other brand/product names are trademarks of their respective holders.

Cautionary Language

This press release contains “forward-looking statements” within the meaning of
the Private Securities Litigation Reform Act of 1995 regarding the net proceeds
from, and closing of, the public offering. The closing of the offering is
subject to closing conditions, and there can be no assurance regarding the
closing of the offering or the net proceeds from the offering. These
forward-looking statements represent our views only as of the date they are made
and should not be relied upon as representing our views as of any subsequent
date. We do not assume any obligation to update any forward-looking statements.

Bottomline Technologies
Kevin Donovan, 603-501-5240
kdonovan@bottomline.com

Copyright Business Wire 2010

MJ’s ‘This Is It’ comeback concert contract leaked online

London, Aug 21 (ANI): The contract for late King of Pop Michael Jackson’s ‘This Is It’ comeback concert has been leaked online, with documents confirming the tragic star had no “known medical problems” which would have jeopardised the London shows.

The contract with tour promoters AEG, obtained by RadarOnline, stated the star had no “known health conditions, injuries or ailments that would reasonably be expected to interfere with Artist’s first class performance at each of the shows during the term,” reports the Daily Express.

The documents also reveal that singer did in fact agree to play more than the original 10 concerts, but stipulated that he would perform no more than “3.5 times” during a seven-day period.

The papers also dismiss rumours that Jackson was too frail to perform his full set.

Many internet gossips speculated he was only contracted to appear on stage for a small portion of each gig, but the contract states he was obliged to perform for at least 80 minutes at each show.

Jackson signed the documents on behalf of his company, The Michael Jackson Company LLC, and as the artist, Michael Jackson, while AEG Live CEO Brandon Phillips also signed the contract. (ANI)

Law Offices of Howard G. Smith Announces Investigation On Behalf of Shareholders of Tarrant Apparel Group

BENSALEM, Pa.–(Business Wire)–
Law Offices of Howard G. Smith announces that it is investigating potential
claims against the board of directors of Tarrant Apparel Group (“Tarrant”)
(NASDAQ:TAGS) related to a proposal from Sunrise Acquisition Company, LLC, its
wholly owned subsidiary Sunrise Merger Company, and Gerard Guez and Todd Kay -
the Chairman and Vice Chairman, respectively, of Sunrise Merger Company`s board
of directors – to acquire all of the outstanding shares of Tarrant, other than
the shares held by Gerard Guez and Todd Kay.

Under the terms of the agreement, Sunrise Merger Company would merge with and
into Tarrant Apparel Group, and Sunrise Acquisition Company, LLC would acquire
the Tarrant shares for $0.85 per share. The deal is valued at approximately $15
million. The investigation concerns possible breaches of fiduciary duty and
other violations of state law related to the Tarrant board`s approval of the
proposed merger.

If you own the common stock of Tarrant Apparel Group, if you have information or
would like to learn more about these claims, or if you wish to discuss these
matters or have any questions concerning this announcement or your rights or
interests with respect to these matters, please contact Howard G. Smith,
Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888)
638-4847, or by email to howardsmith@howardsmithlaw.com.

Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com

Copyright Business Wire 2009