Company
News
Oracle Scores in Corporate Software Market with
Key
Second Quarter Deals
REDWOOD SHORES, Calif., Dec. 11,1998— As the world’s leading
provider of software for mission critical business applications, Oracle Corp. today announced strategic deals with
world-class companies in the second quarter of its fiscal year ending November 30, 1998.
Oracle's Internet-enabled solutions, including applications, database and development
tools, allow Oracle customers to deploy cost-effective systems that deliver
up-to-the-minute information for making critical business decisions.
Companies that signed major deals with Oracle in the second quarter of this year
include AMCORE Financial Inc., AnnTaylor Inc., Autodesk, Blue Shield of California, BMC
West, The Boeing Company Shared Services Group, Citicorp, Colgate Palmolive, Coors Brewing
Company, First USA, Friede Goldman International Inc., Hughes Space and Communications,
Lycos, Principal Financial Group, Quantum Corporation, and Scottish Power (Scotland).
Oracle’s Internet computing model offers significant advantages to its customers,
enabling them to meet strategic business objectives and strengthen their competitive
advantage. Aerospace and defense giant Hughes Space and Communications (HSC), the
world’s leading manufacturer of advanced satellites, selected the Oracle(r) database
and Oracle Financials(r) and Oracle Manufacturing Applications because of the Oracle
products’ ability to deliver an accurate and timely picture of HSC’s business
operations.
"The extensive functionality and flexibility of the Oracle Financials Application
software will enable HSC to monitor, retrieve, and analyze the specific costs associated
with each satellite we build for our customers, at any time during the build cycle,"
said Radha Radhakrishnian, chief information officer for HSC. "This will offer HSC a
key competitive advantage as we move into the 21st century."
Oracle Corporation is the world's leading supplier
of software for information management, and the world's second largest independent
software company. With annual revenues of more than $8.0 billion, the company offers its
database, tools and application products, along with related consulting, education, and
support services, in more than 145 countries around the world.
For more information about Oracle, please call 650/506-7000. Oracle's World Wide Web
address is (URL) http://www.oracle.com/.
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