Oracle Europe, Middle East & Africa Deliver Record Results for the Fiscal Year 2007

Thursday, 28. June 2007 11:42



Customers Provide Strong Endorsements Throughout the EMEA Region

GENEVA, SWITZERLAND, June 28, 2007: Oracle Corporation (NASDAQ: ORCL)
this week reported revenues of $6.0 billion in US GAAP basis for the
fiscal year 2007 (ended 31 May 2007) for the Europe, Middle East &
Africa (EMEA) region, an increase of 28% compared to fiscal year
2006.

Sergio Giacoletto, Executive Vice President, Oracle Europe, Middle
East and Africa commented, "Growth in the EMEA region has been
excellent this year with many customers selecting Oracle products as
the strategic platform across their global operations. We are
winning more deals as customers increasingly prefer a single vendor
who can meet all their needs. The combination of a superior set of
business applications, innovation based on open standards, and a
first-class support service is why customers across a broader span of
industries choose Oracle as their preferred IT partner."

The region experienced increased demand from many industries sectors,
in particular financial services, public services, communications and
retail, as well as from small-to-medium sized enterprises. To help
meet this increased customer demand, Oracle expanded its operations
in the EMEA region. During fiscal year 2007, Oracle opened nine new
sales offices in Bucharest, De Meern, Dubai, Istanbul, Lagos,
Limonest, Moscow, Nairobi and Tirana to help governments and
industries in these countries use information technology to realise
their full economic potential. Oracle now has 132 offices in 57
countries in EMEA

Industry analysts in the EMEA region, such as Ovum, are endorsing
Oracle's success. "Oracle's application business has made major
strides in the past year, growing strongly organically and expanding
an already strong portfolio through acquisitions. The Applications
Unlimited strategy has given customers, new and existing, the
confidence to continue investing with Oracle, resulting in growth
across product lines and geographies. Strategic acquisitions have
been targeted at building critical mass and capability in key
vertical markets, and Oracle is also experiencing strong growth
here. The results should convince most people that the Oracle
application strategy is working," said David Mitchell, Global head of
software research, Ovum.


Customer Endorsements during the Fourth Quarter Fiscal 2007

Many world-class enterprises such as Credit Suisse Group and UBS AG
of Switzerland, Deutsche Post IT Services and Metro Group of Germany,
ING Direct of France, Agfa Digital Equipment of Belgium, Pirelli
Tyres of Italy, and Sega UK and Lloyd's Register of the UK have
selected Oracle® solutions in database, middleware, business
intelligence, business applications and collaboration to improve
their business processes, and to help them gain better information,
achieve cost efficiencies, and to deliver superior customer service.
Examples include:


- Jordan Petroleum Refinery Company, Jordan. Jordan Petroleum
Refinery Company is the sole provider of all petroleum products for
the local market. In 2006 the company's sales reached about 2.25
billion USD and they imported 4.4 million tons of crude oil. Its
major products include liquified petroleum gas, gasoline, kerosene,
diesel, fuel oil, jet fuels, asphalt and various lube oils. The
solution benefits look to include: automation of the entire supply
chain including integrated loading, transportation, logistics, and
financial operations using JD Edwards EnterpriseOne applications;
streamlining the loading of 450 company trucks and 300 customer
trucks every day using JD Edwards EnterpriseOne Sales Order Entry and
Order Processing applications; establishing a single inventory
repository to manage 100,000 spare parts through three main
warehouses; establishing a single system for inventory, sales, and
receipt information at seven retail stations, and improving
operational efficiency and service; capturing sales orders for all
products at the sales offices in Amman and Irbid, with full
integration into financial applications to extend visibility; using
JD Edwards EnterpriseOne financial applications to produce
consolidated balance sheets and statements for five separate
entities, thereby improving decision making and operational control;
and creating a foundation for further automation. "We are confident
in transforming our Refinery into and 'E-Refinery' with the large
portfolio of products that Oracle is providing for Oil and Gas
industry." - Sakher Khreisha, CIO Jordan Petroleum Refinery Company.

- Lloyd's Register, UK. The Lloyd's Register Group is an
organisation that works to enhance safety and to approve assets and
systems at sea, on land and in the air. "Many see identity and access
management as an important tool for securing the use of internal and
external identity information across the enterprise and out into the
federated market-place. We view it as this and much more. It is the
mechanism by which we can truly integrate our identity information
repositories for consolidated access, provisioning and data query,
which is a key enabler to being able to service orientate our IT
landscape for future deployment of business process driven
applications. Lloyd's Register was attracted to Oracle's approach to
provide a consolidated suite of tools through the acquisition of
best-of-breed products. Integration of these tools within the Oracle
Fusion Middleware strategy is seen as intrinsic to achieving our own
goals both now and in the future". - Danny King, Chief Enterprise
Architect, Lloyd's Register.

- TrygVesta, Denmark. TrygVesta, the leading Nordic provider of
'peace-of-mind' solutions with property and casualty insurance
operations in Denmark, Norway, Finland and Sweden, has chosen Oracle
Fusion Middleware as a strategic platform on which to build a
service-oriented archtiecture. "We strongly believe in Oracle's
middleware strategy, and we are convinced that the strategic
agreement will secure maximum flexibility for our future growth and
strategic focus of being the leading 'peace of mind' provider in the
Nordic region." - Jens Bjoernebo, Executive Vice President,
TrygVesta.

- DLH Group, Denmark. DLH Group, one of the world's major timber
wholesalers, and a leading Danish building materials distributor, has
chosen Oracle Business Intelligence Enterprise Edition. With
pre-built financial and inventory analytics DLH expects even deeper
business insights and higher quality decision making. "The Oracle
Business Intelligence suite not only delivers a broad range of
role-based dashboards but also offers a pre-built adapter for our
Oracle E-Business Suite environment. We have chosen the "out of the
box" analytics because we believe this can shorten the implementation
process, but most importantly, because this solution has moved away
from just reporting information to delivering real business insight."
- CIO Jan B. Andersen.

- TOUAX, France. The TOUAX Group was created in 1853, initially
concentrating on river transport in France. The Group has gradually
diversified into operational leasing activities including: river
barge leasing and sales (inland waterway transport) in Europe, North
and South America; shipping container leasing and sales world wide
(maritime transport); modular building leasing and sales in Europe
and North America; and freight railcars leasing and sales in Europe
and North America. TOUAX has purchased JD Edwards EnterpriseOne to
manage their new factory, including Financials, Manufacturing, CRM,
and Purchasing Modules. "Oracle Accelerate for Enterprise One is the
best way to ensure that we start our new factory by the right date"-
Christophe Boustouller, General Manager, TOUAX.

- Delek, Israel. Delek, one of the largest petrol companies in
Israel, has selected Oracle E-Business Suite for implementation in
all its petrol stations and shops, and for use by hundreds of its
employees. The project includes Oracle E-Business Suite Sales,
Oracle CRM, Oracle OPM, Oracle Logistics and Oracle Financial
modules, as well as Oracle BPEL as part of Oracle Fusion Middleware
to enable integration between different systems. "Delek is required
to give a wide and fast response to its clients and that's why we
decided to implement Oracle Applications which will give a solid
solution for the company requirements." - Nati Markovitz, IT
Director, Delek.

- Dalekovod, Croatia. Dalekovod d.d., a leading Croatian company for
design, production and construction services, has selected Oracle
E-Business Suite for several key areas of its operations: financial
operations for general ledger, receivables, payables, assets, and
cash management; the logistics function using modules for warehouse
operations, procurement and order management; and to enhance project
management using project costing, project billing and project
resource management modules . "With the implementation of Oracle's
ERP solution and the applications by companies IN2 and Infodom,
Dalekovod has succeeded in integrating its business system and has
created the preconditions for further advancement and expansion of
business operations." - Mr. Jurica Prizmic, Dalekovod.

- Amidar, Israel. Amidar is the national Israeli company for housing
solutions. The organisation manages all public housing, and assists
thousands of people who are entitled to help to rent properties from
the government. "We chose Oracle Enterprise Single Sign-On as it
gives us the business flexibility we require, supports multi
environments and is transparent to the users. We anticipate Oracle
Enterprise Single Sign-On will increase the level of security in the
company, and will simplify both the users' time and the time of the
support services. We received the best service from Oracle's support
throughout the whole process."- Atzmon Mins, IT Director, Amidar.

- Posten, Norway. Norway Post, one of Norway's biggest companies
with over 20,000 employees and operations throughout the country, has
chosen Oracle E-Business Suite as part of a HR project and
standardisation of Oracle technology across their enterprise.
"Having a common architecture for our IT solutions will make life
easier for our users and make the best of our competencies. The
technology will help to integrate the entire organisation in a way
that combines our heads, hands and technology and enables us to
co-operate more efficiently." - Helge Clem, acting director of ICT,
Posten.

- Grupo Correos, Spain. Grupo Correos is a public limited company
owned 100% by the State, and the main postal provider. The company
leads the postal industry in Spain in non-urgent transport of
documents and goods, distributing more than 5,400 millon deliveries
each year to 19 millon homes and two million companies. Grupo Correos
has the largest number of people in the Spanish public service sector
with around 65,000 professionals, and has selected Oracle Database
Oracle 10g and Oracle Real Application Clusters. "We have chosen
Oracle because of its commitment to scalability, security,
performance, and quality in long-term IT projects. Oracle is taking
care of our investment and offering the best service with innovative
and recognised results." - Ruben Muñoz, CIO, Grupo Correos.

- Grupo Abengoa, Spain. Abengoa group is a technology company
applying innovative solutions for sustainable development in the
infrastructures, environment and energy sectors, and is present in
more than 70 countries. Abengoa selected PeopleSoft HCM, PeopleSoft
Payroll and Oracle Collaboration tools. "We needed a complete and
universal solution to integrate and centralize our HR management, and
which conformed to the legal and local framework, but gives us global
results. We found Oracle." - Alvaro Polo, HR Director, Grupo Abengoa.

- Casema/@Home/Multikabel, Netherlands. Three cable companies,
Casema, @Home and Multikabel, have recently merged to become the
Netherlands' number one cable company. "In the post-merger
integration process for the new combination of
Casema/@Home/Multikabel, the new group has chosen to implement Oracle
E-Business Suite as our single platform to serve our customers in the
future. Oracle E-Business Suite was already implemented with the
Casema service area as the single platform in that region since 2004.
"Oracle E-Business Suite Applications and Oracle CRM will support us
in achieving our topline and bottomline objectives." - Walter Blom,
CFO, Casema/@Home/Multikabel.

- Komterm, Czech Republic. Komterm Inc. belongs to one of the top
providers of energy services and energy consulting on both Czech and
Slovak markets. The company puts optimization of customers' energy
requirements into effect. Komterm Inc. has chosen Oracle E-Business
Suite to increase its competitiveness and to integrate more easily
newly acquired companies. "The need for a new information system
came along with a new wave of acquisitions that our company made, for
example, in Slovakia. We needed to manage these companies jointly
and maximise the synergic effects. Due to the dynamic growth of our
company, the key requirements for the new information system were a
user-friendly interface, high variability of tools for every-day
business and top-level process-oriented functionalities. After a
detailed selection process we have chosen Oracle E-Business Suite.
Primarily, we expect support of processes standardisation, data
access on different management levels, the highest possible data
security and better process effectiveness." - Milan Jelinek, CEO,
Konterm.

- MortgageSA, South Africa. MortgageSA pioneered home loan
origination in South Africa by re-engineering the home loan
application process, and today is South Africa's leading home loan
facilitator, placing one in every five homebuyers into their new
homes. "We are in the process of implementing Oracle E-Business Suite
Release 12 as part of our roadmap to Fusion Applications. MortgageSA
invested in Oracle E-Business Suite to provide a solid platform to
implement our customer management programme. This release improves
the ability to leverage the latest Oracle technologies, including
Oracle Fusion Middleware and Oracle Grid." - Stan Belikoff,
MortgageSA Manager, Strategic Business Enablement.

- Detsky Mir, Russia. Detsky Mir, the largest children's goods
retail store chain in Russia, has selected Oracle E-Business Suite
and Oracle Retail applications to support corporate expansion plans,
and to drive sales across Russia and the CIS states. "We are
entering a qualitatively new level of our retail network
development. Detsky Mir is growing three times as fast as the
market, and such rapid growth should be supported by the improvement
of the entire infrastructure. We're improving all our business
processes and have invested in Oracle Retail-based information
system. The implementation began this year, and fast expansion and
vast geographic coverage makes it crucial for us to enhance control
over the retail chain. The new IT system will reduce time required
for information processing and enable us to forecast and plan sales
in detail. We operate in several climatic zones, in cities with
extremely diverse income levels. Customer preferences in Novosibirsk
and Rostov differ by 60 to 70%. We need to account for multiple
parameters, such as demographic characteristics of each region, to
respond to the fluctuations of customers' preferences. We estimate
that order processing time will almost halve, time of delivery will
reduce by 30%, inventory level by 20%, and transportation costs by
15%. At the same time, sales will increase by 10% and therefore
inventory turnover will increase by up to 40%." - Maxim Entyakov,
Chief Executive Officer, Detsky Mir Center OJSC.

Key Industry Sectors Selecting Oracle during the Fourth Quarter
Fiscal 2007
Many organisations in EMEA adopted or expanded implementations of
Oracle Database, Oracle Fusion Middleware, Oracle Grid technologies
and Oracle Applications, including the Oracle E-Business Suite,
PeopleSoft Enterprise, Siebel CRM, JD Edwards EnterpriseOne and JD
Edwards World in the fourth quarter of fiscal 2007 across a wide
range of industries. Customer examples include:

- Public Services
Federal Government of Belgium (Belgium); Grad Rijeka - City of Rijeka
(Croatia); Ministry of Interior (Czech Republic); Abu Dhabi Systems
and Information Committee (Abu Dhabi); Dubai Municipality (Dubai);
Ministry of Finance (France); Bundesagentur fuer Arbeit (Germany);
Bundesamt für Informationsmanagement und Informationstechnik der
Bundeswehr (Germany); CONSIP, Ministryof Economy (Italy); Ministry of
Transport (Italy); Ministry of Agriculture (Netherlands); National
Agency of Cadaster (Romania); Ministry of Defence (Romania); Imserso
(Spain); Ministry of Education (Turkey); Ministry of Defence
(Turkey); General Directorate of Gendarmerie (Turkey); Service
Birmingham (UK); Department for Work and Pensions (UK).

- Financial Services
Erste Sparinvest Kapitalgesellschaft (Austria); Raiffeisen
International Bank Holding (Austria); Fortis Bank (Belgium); KBC Bank
(Belgium); TrygVesta (Denmark); Emirates Bank International (Dubai);
ING Direct (France); Poste Italiane (Italy); PEKAO SA (Poland); PZU
Zycie (Poland); PKO Bank Polski (Poland); Getin Bank (Poland);
Romanian Commercial Bank (Romania); Vneshtorgbank (Russia);
Investsberbank (Russia); Santa Lucia (Spain); Adeslas (Spain); Caser
(Spain); UBS AG (Switzerland); Credit Suisse Group (Switzerland);
Turkiye Is Bankasi (Turkey); AEMS (UK); Lloyds Register (UK);
Kredobank (Ukraine).

- Communications
Orascom Telecom (Algeria); VELCOM Telecom (Belarus); OTEGlobe S.A
(Greece); Cosmote (Greece); Jordan New Cable Company (Jordan);
Casema/@Home/Multikabel (Netherlands); Polkomtel (Poland); Cosmote
(Romania); Telefonica Moviles - Cellular MOVISTAR (Spain); Turk
Telekom (Turkey).

- Industrial Manufacturing
EV Group (Austria); Salzgitter AG (Germany); Selected Textile
Industries Association S.A., (Greece); DanPal (Israel); Comestero
Group Spa (Italy); Pirelli Tyre (Italy); EvrazHolding (Russia); Fagor
Electrodomesticos Sdad.Cooperativa (Spain); Interpipe (Ukraine).

- Travel and Transportation
Deutsche Post IT Services Europe GmbH (Germany); MED.CON. Srl
(Italy); Muchoviaje.Com (Spain); Grupo Husa (Spain); Soltour
(Spain); Grupo Correos (Spain); Transport for London (UK).

- Retail & Wholesale Distribution
DLH Group (Denmark); Retailcorp (Dubai); Al Fahim Enterprises
(Dubai); Fauchon (France); Metro Group (Germany); Tengelmann AG
(Germany); Gruppo Coin S.p.A. (Italy); Abdali Investment &
Development PSC (Jordan); ALFA Trade Motors (Jordan); Allegro.pl
(Poland); Dixons (UK).

- Healthcare
Assistance Publique Hopitaux de Paris (France); Hospital District of
Helsinki and Uusimaa (Finland); 1st Regional Health Authority of
Attiki (Greece); Lima-LTO SpA (Italy); TZMO (Poland); IGIF - ULA
(Portugal).

- Utilities, Oil & Gas
Komterm (Czech Republic); CGG - Veriras (France); Jordan Petroleum
Refinery Co (Jordan); Petrom Service (Romania); Petromiralles
(Spain); Grupo Abengoa (Spain)

- Other Industries
Agriculture: FlorensisBV (Netherlands); Business & Professional
Services; TOUAX (France); UTI (Romania); Consumer Products: Agfa
Digital Equipment (Belgium); Morris Profumi Spa (Italy); Education &
Research; Queens University (UK); Engineering & Construction:
Dirickx (France); High Technology; Easy Park (Israel); RaySat
(Israel); ORAD (Israel); Radware (Israel); Media & Entertainment;
Kathimerini SA (Greece); Fiera Milano (Italy); Sega UK (UK); Gala
Coral Group (UK).

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About Oracle
Oracle (NASDAQ: ORCL) is the world's largest enterprise software
company. For more information about Oracle, visit our Web site at
http://www.oracle.com.
To learn more about Oracle in Europe, visit www.oracle.eu

# # #

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Contact:
Val Russell
Oracle Corporation
+44 118 924 4704

Abigail Holdaway
CMG
+44 207 067 0529


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Author:
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