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Technology Stocks : Oracle Corporation (ORCL)
ORCL 197.99+0.3%Dec 26 9:30 AM EST

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To: Mark Oliver who wrote (9272)1/4/1999 8:31:00 AM
From: Bipin Prasad  Read Replies (1) of 19080
 
Oracle's Cooperative Application Initiative
(CAI) Program Extends And Accelerates
Business Solutions for the Enterprise

PR Newswire - January 04, 1999 08:15

REDWOOD SHORES, Calif., Jan. 4 /PRNewswire/ -- Oracle
Corporation (Nasdaq: ORCL) today announced that its highly successful
Cooperative Applications Initiative (CAI) program has delivered over 225
"best-in-class" solutions to the enterprise applications market. The CAI
program provides tight integration of partners' vertical and horizontal
applications with existing Oracle(R) Applications. CAI partner integration
speeds implementation and extends the breadth of solutions for both intra-
and inter-enterprise business functions to Oracle customers and prospects.

CAI provides members with technical and marketing services to support
the integration of their products with Oracle Applications and helps give
customers a comprehensive set of best-in-class solutions to fit their
business requirements.

"Through CAI, Oracle extends the breadth of solutions available to our
customers by delivering tight, well engineered pre-integration with Oracle
products," said John Hall, Oracle's senior vice president of Worldwide
Alliances.

At the fall Oracle Applications Users Conference, Oracle presented
Mincom, Inc. and Yantra Corporation with "CAI Partner Achievement
Awards". The awards were given to Mincom Inc. and Yantra Corporation
for their outstanding partnership commitment with Oracle. "Oracle CAI's
Partner Achievement Award was based on several factors -- proven
success of the CAI integration at customer sites, demonstrated
commitment to common customers, proactive participation and
contribution to the CAI program, and commitment to Oracle technology "
said Hall.

Yantra Corporation has proactively strengthened the entire CAI program
through participation in API definition and validation and was the first CAI
partner to achieve integration certification on both Release 10.7 and 11.0
within their business category.

CAI partner, Yantra Corporation, comments, "Yantra is committed to
helping customers reduce total cost of ownership of their software
solutions. The pre-certified integration of WMS*Yantra with Oracle
Applications has provided our shared customers and prospects with an
effective means of mitigating risks and costs during the implementation
process," said Devdutt Yellurkar, president and CEO of Yantra
Corporation.

Mincom Inc.'s CEO, David Merson, remarked, "This partnership is of
tremendous value to Mincom and Oracle's joint customers, offering an
integrated, best-of-breed solution. Mincom is delighted to be held in such
high standing as an Oracle partner."

"Oracle's CAI partners are playing a lead role with our Applications
customers," said Hall. "We're particularly pleased that over 25 CAI
partners have already adopted Release 11 and are ready to go to market
with us."

To qualify for the CAI program, a company must offer best-in-class
vertical or horizontal applications that complement Oracle Applications
and must agree to integrate their products with Oracle Applications. Once
accepted into CAI, a member company works closely with Oracle to
optimize the product integration and provide the resources needed to build
and maintain the integration. Integrated solutions are then tested and
reviewed by Oracle for approval. There are more than 180 partners in the
CAI program.

Established in March 1994, Oracle's highly successful Cooperative
Applications Initiative (CAI) enables best-in-class application software
vendors to develop and sell standard, integration bridge products, linking
their solutions with Oracle Applications. CAI expands the Oracle-based
enterprise applications solutions set and allows customers to choose
complementary applications that best fit their specific needs. CAI delivers
improved time to benefit customers by requiring partners to meet specific,
high technical standards based on Internet computing. Nearly 180 vendors
are active in CAI today with over 225 integrations currently available off
the shelf. For more information about the CAI program visit
alliance.oracle.com or e-mail infocai@us.oracle.com.
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