Hubwoo announces Update to Board of Directors

November 29, 2012

PARIS – November 29, 2012–Hubwoo SA (Euronext: HBW.NX), a leading collaborative business network provider, today announced a change to its Board of Directors.

SAP has resigned its position as member of the Hubwoo Board of Directors.

Gregory A. Mark, Hubwoo CEO and Chairman of the Board commented “Although we have enjoyed a long and close relationship with SAP, this move is consistent with our growth strategy for The Business Network, Hubwoo’s open, multi-enterprise business process collaboration network.”
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