“Our company strategy is to optimize performance at the existing terminals to drive company value and strengthen the foundations for growth,” said Jackson Ng, Chief Financial Officer, Modern Terminals Limited. “We are impressed by the combined expertise that SAP and Accenture have delivered: proven expertise for terminal industry; local experience; global management consulting experience and system integration proficiency. By teaming up both world-class partners, we are confident that our performance across all business units will be enhanced with increased productivity and efficiency.”

As the consulting and implementation partner for this Hong Kong project, Accenture works closely with Modern Terminals and SAP, and is committed to helping Modern Terminals achieve success in this project.

“At the core, it is basically about delivering tangible business benefits. Accenture and SAP have been alliance partners for three decades and have successfully implemented over 2,000 SAP projects,” said Patrick Leung, Executive Partner, Accenture. “We have deep industry knowledge and local experience in helping terminal customers, like Modern Terminals, to deliver high performance in the rapidly changing business environment and to successfully achieve the required business results.”

“We are happy to partner with Modern Terminals, our first terminal customer in Hong Kong, to provide the ERP solutions that best suit their needs and achieve long term business objectives,” said Ronnie Sung, Senior Vice President, Sales, SAP Hong Kong. “We will continue to work closely with Modern Terminals and Accenture for a successful deployment and maintain a mutually beneficial partnership.”

Modern Terminals provides the physical gateway for the container and cargo flows that drive the development of China’s economy. The terminal operator has a focused business expansion strategy in China and Hong Kong. It has built a strong presence in the Pearl River Delta as that area grows in stature, shipping volume and sophistication. It has also expanded to the growing Yangtze River Delta region and beyond to meet the growing needs of its customers.

About Modern Terminals Limited
Modern Terminals Limited has been continuously aiming at service excellence ever since it opened Hong Kong's first purpose-built container terminal in September 1972. Apart from optimizing its business in Hong Kong Port, Modern Terminals has also been actively expanding into China in recent years. The company’s presence in Pearl River Delta started from 1998. Today, the company holds the majority equity stakes of 65% in Da Chan Bay Terminal One and manages it. Modern Terminals is also a shareholder of Mega SCT (with 30% equity stakes) and Chiwan Container Terminal in Shenzhen. In Yangtze River Delta, Modern Terminals has been the majority shareholder and operator of the container terminal facilities in Taicang since 2004. In addition, Modern Terminals and Dalian Port (PDA) Co., Ltd. have jointly entered into a Framework Agreement on Strategic Cooperation in developing Deepwater Container Terminals in Dayaowan North Harbour with Dalian Municipal Port Administration Bureau in early 2007. For more information, please visit www.ModernTerminals.com.

About Accenture
Accenture is a global management consulting, technology services and outsourcing company. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. With more than 175,000 people in 49 countries, the company generated net revenues of US$19.70 billion for the fiscal year ended Aug. 31, 2007. Its home page is www.accenture.com.

About SAP
SAP is the world’s leading provider of business software*. Today, more than 43,400 customers in more than 120 countries run SAPR applications—from distinct solutions addressing the needs of small businesses and midsize companies to suite offerings for global organizations. Powered by the SAP NetWeaverR technology platform to drive innovation and enable business change, SAP software helps enterprises of all sizes around the world improve customer relationships, enhance partner collaboration and create efficiencies across their supply chains and business operations. SAP solution portfolios support the unique business processes of more than 25 industries, including high tech, retail, financial services, healthcare and the public sector. With subsidiaries in more than 50 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE under the symbol “SAP.” (Additional information at <http://www.sap.com>)

(*) SAP defines business software as comprising enterprise resource planning and related applications such as supply chain management, customer relationship management, product life-cycle management and supplier relationship management.

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Media Contact:
Zoe SO
SAP Hong Kong
Tel：+852 2539 1812
E-mail：zoe.so@sap.com

Cathy YU
The Hoffman Agency
Tel：+852 2581 9380
E-mail：cyu@hoffman.com.hk

Benedict PAYNE
Accenture
Tel: +44 20 7844 0440
E-mail: benedict.j.payne@accenture.com

Joel CHEUNG
Modern Terminals Limited
Tel：+852 2115 3640
E-mail：cad@ModernTerminals.com