Baan Becomes Subsidiary of SSA GT

Graeme Cooksley appointed president of Baan

Graeme Cooksley appointed president of Baan

Chicago — July 22, 2003 — SSA Global Technologies Inc. (SSA GT), global provider of extended enterprise solutions and services, today announced that Baan has become a wholly owned subsidiary of SSA Global Technologies Inc. Effective immediately, Baan infrastructure functions, including financial, legal, IT and human resources, will integrate within SSA GT, while the sales, marketing and development functions will retain some autonomy.

SSA GT said it now has more than 16,500 customers and nearly $610 million in combined revenues, of which $160 million represents license fees for the combined products.

"This acquisition represents a significant milestone in our ongoing growth strategy," said Mike Greenough, president, chairman and CEO of SSA GT. "Both SSA GT and Baan customers will benefit from enhanced extension solutions in areas such as logistics, supply chain management, customer relationship management, corporate performance management and enterprise integration."

Greenough has appointed Graeme Cooksley as president of the Baan subsidiary. Cooksley retains his current responsibilities as executive vice president of SSA GT and will lead the Baan management team. During his time at SSA GT, Cooksley has been a part of the management team helping to re-engineer SSA GT.

"My goal is to focus Baan on meeting customer and market demand while achieving at least the same level of growth that we have experienced during my time at SSA GT," said Cooksley."