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 November 3, 2015 - 11:02 AM EST
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P97 Networks Helps Accelerate Mobile Commerce for Retail Fuels Market

Connected car and mobile payment apps are intended to provide oil companies and retail fuel merchants with access to millions of new marketing opportunities

P97 Networks, experts in mobile commerce for convenience retail and fuels marketing, announced at TechEd in Las Vegas a technology agreement with SAP (NYSE: SAP), in which P97 will integrate the P97 PetroZone® Mobile Commerce Platform with SAP® Vehicles Network running on SAP HANA® Cloud Platform for the Internet of Things. When used together with SAP Vehicles Network, the P97 solution will help enable mobile payments and the delivery of location-based offers including fuel, parking, food, and consumer packaged goods to consumers' automobile telematics systems or mobile devices.

P97 will leverage its extensive convenience retail and fuels marketing site system integration and cloud based mobile commerce capabilities to enable mobile payments and the delivery of location-based offers to consumers' automobile telematics systems or mobile devices. When used with SAP Vehicles Network, the P97’s PetroZone® Mobile Commerce Platform will help enable customers to integrate with retail site systems including mobile payment capabilities, digital marketing, loyalty programs, and customer reward systems.

In working with SAP to help enable a connected world for oil companies and ecosystem partners, P97 is charting new territory by connecting with the Internet of Things (IoT), telematics, and mobile commerce. While mobile payments and digital offers are already part of P97’s mobile commerce user-experience, it now provides merchants and suppliers with access to the SAP Vehicle Network. Based on SAP HANA Cloud Platform, SAP Vehicles Network is helping cross-industry businesses to accelerate their product delivery and establish new business models and revenue streams.

“We are excited to accelerate the digital transformation of the fueling, parking and quick service restaurant industries by providing a marketplace to help simplify the merchant and consumer experience,” said Gil Perez, SVP IoT & Customer Innovation, General Manager Connected Vehicles at SAP. “SAP Vehicles Network harnesses the power of SAP HANA® Cloud Platform for the Internet of Things to offer a simpler and more secure set of cloud micro services to help app developers, merchants or automotive OEMs consume and generate new revenue streams.”

“We look forward to bringing our expertise in mobile commerce and site integration for retail fuels to this collaboration with SAP,” said Donald Frieden, President and CEO of P97.

P97’s PetroZone solution provides retail merchants with a 360° mobile marketing and commerce platform to enable mobile payments, digital offers, customer rewards and integration with loyalty hosts. With P97’s mobile payment processing application (MPPA) based on the Conexxus industry standards for mobile payments, oil companies and retail merchants can deploy “branded” mobile apps in the app stores so consumers can take advantage of loyalty programs, discounts, and frequent shopper reward programs. P97’s mobile payment applications provide consumers with an easier and faster onboarding process, including the registration of payment credentials and loyalty cards through an isolated and secure channel connected with the leading mobile wallet providers. With a fully tokenized mobile commerce platform, P97 provides the highest level of security and support for EMV (Euro, MasterCard, and Visa) transactions.

About PetroZone

PetroZone®, created by P97 Networks, is a cloud based mobile commerce platform which connects consumers with retail fueling merchants and convenience stores across a broad partner ecosystem, including oil company payment networks, merchants, consumer packaged goods companies, automotive companies and banks. Consumers using their PetroZone enabled mobile phones and “connected cars” have better mobile shopping experiences, options for lower fuel prices and opt-in personalized digital offers for in-store purchases. PetroZone ecosystem partners can gain consumer loyalty through omni-channel marketing opportunities and “connected-consumer” experiences when enabling mobile payments and settlement, behavioral marketing and digital offers, and hosted-managed point-of-sale solutions when connected to PetroZone’s open integration framework.

About P97 Networks

P97 Networks provides secure cloud based mobile commerce and behavioral marketing solutions for the convenience retail and fuels marketing industry under the brand name PetroZone®. P97’s mCommerce solutions enhance the ability of convenience store operators, marketers, and oil companies to attract and retain customers by providing technology that securely connects millions of individual mobile phones and connected cars with identity and geo-location based software technology to create truly unique connected-consumer experiences. P97’s software personalizes the “find-buy-save” experience for every mobile consumer. For more information visit or follow us on Twitter @P97Networks.

SAP, SAP HANA and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. See for additional trademark information and notices.

All other product and service names mentioned are the trademarks of their respective companies.

SAP Forward-looking Statement

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. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

P97 Networks
Monica Danna, 281-687-7515

Source: Business Wire (November 3, 2015 - 11:02 AM EST)

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