Hubwoo and Crossgate Announce Global Alliance

April 18, 2011

Joint Network is now also sold via SAP AG’s salesforce – April 18th, 2011

Worldwide customers to accelerate electronic trading partner collaboration through a combined supplier network.

PARIS, April 18, 2011- Hubwoo (Euronext: HBW.NX), a leading global provider of Cloud Procurement services powered by SAP® software, and Crossgate, a global leader in business-to-business (B2B) integration and e-Invoicing compliance, today announced the launch of a strategic global alliance. .

Under the terms of the alliance agreement, Hubwoo and Crossgate have combined their B2B networks so that enterprises can gain access to hundreds of thousands of active trading partners globally through a single connection. Hubwoo will utilize the SAP® Information Interchange application by Crossgate as its standard B2B integration technology to deliver “out-of-the-box” connectivity with SAP solutions along with simplifying supplier enablement for both integrated and portal suppliers. Crossgate will also resell Hubwoo’s supplier community and portal infrastructure as part of its supplier enablement and e-Invoicing solution set.

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