Oracle E-Business Suite Takes Off In NZ And AP

Telecom NZ is featured as an example in the following global Oracle news release, announcing that more than 300 businesses across 12 countries in the Asia Pacific region have selected the Oracle E-Business Suite in the past 10 months. Six New Zealand companies are live with the suite today, with a further 7 expected next month.

News release:

Oracle E-Business Suite Takes Off In Asia Pacific

*** Rapid Adoption Demonstrates Oracle's Continued Momentum as the Leading Provider of E-Business Applications ***

REDWOOD SHORES, Calif., Mar. 21, 2001 - ( http://www.oracle.com/tellmemore/?632553) Oracle Corp., the largest provider of software for e-business, today announced rapid adoption of the Oracle E-Business Suite in the Asia Pacific region. In the past 10 months, more than 300 businesses across 12 countries in the Asia Pacific rim have selected the Oracle E-Business Suite.

Asia Pacific-based businesses ranging from technology manufacturers and distributors to shipping companies and financial institutions, continue to purchase the Oracle E-Business Suite to integrate all business processes from sales and marketing to supply chain management and financial operations. Oracle E-Business Suite customers in Asia Pacific include Catering Exchange Inc., Inventec Electronics Sdn Bhd, Overseas Union Bank Limited, Perodua and Telecom New Zealand.

*** Telecom New Zealand ***

Telecom New Zealand selected Oracle customer relationship management applications, part of the Oracle E-Business Suite, to unify and automate business practices, allowing the company to more effectively compete in the Internet economy.

"The Oracle story struck a lot of resonance with us given the transformation we're trying to do," said Mark Ratcliffe, chief information officer for Telecom New Zealand. "A suite of integrated e-business applications is the easiest way to manage an IT environment versus trying to glue together a lot of best-of-breed applications. We're confident that Oracle will satisfy our needs and give us the competitive edge to succeed in the new Internet economy."

*** Catering Exchange Inc. (www.cateringx.com) ***

Catering Exchange Inc. is using Oracle Exchange, which comprises key Oracle E-Business Suite applications, to power Catering Exchange, an online e-business exchange for the catering industry. By buying and selling food and non-food goods through Catering Exchange, catering buyers and sellers can gain market efficiencies while cutting costs, saving time and improving inventory management. Catering Exchange Inc. is headquartered in the Philippines.

"We chose Oracle for its security, service levels and innovation," said Daniel Roman S. Pido, chief operating officer for Catering Exchange Inc. "In fact, the company is so in tune with the Exchange business that its technologies go through an upgrade of some sort, every six weeks. Having Oracle host the back-end for us, relieves us of all the trouble and cost in keeping our technologies updated. As a result we are able to maintain only a skeletal technical staff in Manila and focus more on delivering business value to our customers."

*** Inventec Multimedia and Telecom Corporation ***

Inventec Multimedia and Telecom Corporation (IMT), one of Malaysia's largest manufacturers of electronic goods including digital cameras, telephones and PCAs, selected the Oracle E-Business Suite over other enterprise resource planning software vendors for its integrated suite of e-business applications. Specifically, IMT uses Oracle Financials, Manufacturing, Order Management, Supply Chain Management, Supplier Scheduling, Purchase Order and iProcurement to increase operational efficiencies and cut costs. With iProcurement, in particular, Inventec can support more than 300 suppliers across the web with more than 1,000 purchase order lines per day compared to 168 suppliers and 600 purchase order lines per day previously. Oracle Consulting helped Inventec implement the Oracle system, which was completed within seven months, and under budget.

"With the Oracle E-Business Suite, we've increased production and efficiencies across the entire company," said Mr. C H Lee, president for Inventec Multimedia & Telecom Corp. "We can manufacture products, get them to our suppliers and in the hands of consumers ? faster than ever before."

*** Perodua ***

Perodua, Malaysia's second largest national car manufacturer, has been using Oracle applications to manage its manufacturing, purchasing, inventory, logistics, financials and human resources processes since 1998. With its Oracle system, Perodua has been able to increase production and improve customer satisfaction. The company can now deliver 100% of its orders on time. Prior to implementing the Oracle E-Business Suite, only 50 % of the orders were delivered on time. Additionally, Perodua can manage invoices and shipping details more efficiently and keep an accurate count of vehicles manufactured.

To cope with increasing demand, Perodua realised the need for a full-blown enterprise resource planning system that would integrate all the key business processes. With Oracle, Perodua can link inventory to purchasing and logistics to web-enable their supply chain and deliver to their customers on time.

*** About the Oracle E-Business Suite ***

The Oracle E-Business Suite leverages new Internet business practices that allow companies to put their customer interactions, internal operations and supply chains online. These new business practices have emerged as the key to e-business success, enabling companies to expand their markets, retain and strengthen relationships with customers and increase business efficiencies.

ENDS

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