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Technology Stocks : Oracle Corporation (ORCL)

ORCL 204.96

+4.0%

3:59 PM EST

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To: Roy F who wrote (8080)	8/25/1998 9:30:00 AM
From: Bipin Prasad	of 19080

Oracle to Unveil Improved Version Of Software for Application Servers By a WALL STREET JOURNAL Staff Reporter REDWOOD SHORES, Calif. -- Oracle Corp. is stepping up its attack on one of software's hottest markets, programs called application servers that help companies use the Internet to run major portions of their business. The company, known for its widely used database software, Tuesday will unveil Oracle Application Server 4.0, a major revision of its product in the field. Steve d'Alencon, an Oracle vice president of marketing, said the product should be shipping in 30 days at a price of about $195 for each user tapping into the system. Application servers form a middle layer of software that manages transactions between users' personal computers and large systems that run companies' largest data repositories. Among other things, they allow PC users with Web browsers to use crucial business programs without requiring each PC to have its own complicated piece of specialized software. Several companies have jumped into the application-server market, including International Business Machines Corp., Sun Microsystems Inc. and Netscape Communications Corp.

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