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Oracle Announces Key Executive Promotions

August 17, 1998

REDWOOD SHORES, Calif., Aug. 17, 1998 -- Oracle Corp. (Nasdaq: ORCL) today announced key executive appointments to further extend its focus and capabilities in both its applications and database businesses. George Roberts, senior vice president and an eight year Oracle veteran, was named to lead North American Sales. This appointment expands Mr. Roberts' responsibility to include all database and related product sales in the U.S. and Canada. Edward Sanderson, senior vice president of Americas Services, will expand his responsibilities to include Latin America and Brazil. Peter Dunning, who recently joined from SAP as senior vice president of Oracle's Industrials vertical, will move to lead Oracle's Commercial Applications business. George Kadifa, a six year Oracle veteran, moves to senior vice president of the Worldwide Industrials Group.

Ray Lane, Oracle's president and chief operating officer, stated, "These executive appointments flatten our organization and place more executive attention on specific components of our business. Our applications business, now almost $2 billion, has become too large to manage as an integrated part of our database business. It needs the focus and dedicated executive leadership that comes from the application market, or the industries which the application products serve."

Oracle continues to strengthen its vision with the alignment of its business and the appointments made today. With the dissolution of the Americas organization, Barry Ariko, executive vice president of Americas and Robert Shaw, executive vice president of Verticals, have left Oracle to pursue other business opportunities.

Oracle Corporation is the world's leading supplier of software for information management, and the world's second largest software company. With annual revenues of $7.1 billion, the company offers its database, application server, tools and application products along with related consulting, education and support services, in more than 140 countries around the world.

For more information about Oracle, please call 650-506-7000. Oracle's Worldwide Web address is (URL)

Trademarks - Oracle is a registered trademark of Oracle Corporation. All other products or company names mentioned are used for identification purposes only, and may be trademarks of their respective owners.

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