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Triple Point's Commodity XL Selected by Anheuser-Busch InBev

LONDON--(Marketwired - Aug 1, 2013) - Triple Point Technology, the leading global provider of on-premise and in-cloud Commodity Management software, announced today that Anheuser-Busch InBev (AB InBev) has licensed Commodity XL™.

AB InBev is the leading global brewer and one of the world's top five consumer products companies, with operations in 24 countries. AB InBev's portfolio of over 200 beer brands includes Budweiser, Corona, Stella Artois, Beck's, Leffe, Hoegaarden, Skol, Brahma, and Michelob Ultra, among others.

"By choosing Commodity XL, AB InBev will gain a strong competitive advantage over companies that rely on spreadsheets to manage market volatility and complexity," said Wah Chu, chief customer officer, Triple Point. "They are a true leader in the area of Commodity Management, and we're proud to welcome them as a customer."

For more information on Commodity XL, visit tpt.com.

About Triple Point Technology
Triple Point Technology® is the leading global provider of on-premise and in-cloud Commodity Management software that delivers advanced analytics for optimizing end-to-end commodity and energy value chains. The company provides innovative solutions for managing all aspects of volatile commodity supply chains: trading, procurement, enterprise risk, logistics, scheduling, storage/inventory, processing, settlement, and accounting. Triple Point has customers in 35+ countries across industries including energy, metals, minerals, chemicals, agriculture, shipping, consumer products, food and beverage, retail, and manufacturing. The company employs staff in 15 offices and support centers worldwide. www.tpt.com.