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Technology Stocks : National Information Consortium Inc (EGOV) -- Ignore unavailable to you. Want to Upgrade?

To: pat mudge who wrote (20)	10/22/1999 11:01:00 AM
From: Capt	Respond to of 76

National Information Consortium Enters Strategic Alliance with Oracle NIC Partners with Oracle to Bring e-Government Solutions to Businesses and Citizens OVERLAND PARK, Kan.--(BUSINESS WIRE)--Oct. 21, 1999-- National Information Consortium (''NIC'') (NASDAQ: EGOV - news), a leading provider of Internet-based electronic government services, announced today that it is working with Oracle Corp. (NASDAQ: ORCL - news), the number one choice for e-business, to enable NIC to help governments accelerate the pace at which they adopt Internet technologies. NIC and Oracle plan to jointly promote web-centric, transaction-based solutions to federal, state and local governments. NIC intends to implement the Oracle® Internet Platform for e-business solutions in its e-government applications and Oracle expects to assist NIC in promoting electronic government public/private partnerships through its government solutions marketing and sales efforts. ''We're pleased to work with Oracle, the most widely recognized e-business company in the industry,'' said Jim Dodd, NIC's president and chief operating officer. ''This alliance helps assure that our e-commerce infrastructure stays on the leading edge of Internet technology, enabling us to sustain our leadership in developing e-government applications. Additionally, having Oracle's government solutions group present NIC e-government solution options to its government clients and prospects can significantly expand our market reach and accelerate opportunities for both companies.'' ''Oracle's e-business solutions complement NIC's successful public-private business model,'' said Ron Cuneo, Oracle's senior vice president and general manager for state and local government solutions. ''We're looking forward to working with NIC as governments migrate from their traditional mainframe technology to Internet computing environments. Oracle's Internet computing technology allows governments to implement NIC's model efficiently. Both of our solutions are scaleable and allow for the type of broad e-business applications governments will want to implement as more of their constituents come to expect convenient, self-service solutions on the Web.'' NIC provides federal, state and local governments with end-to-end e-government solutions, including comprehensive portals for government information and service delivery. In addition to using the Oracle Internet Platform as the database foundation for its portfolio of existing government applications, NIC plans to leverage Oracle internet technology as it develops new applications and upgrades its current state and municipal partners' Web-based solutions. As an Oracle Partner, NIC has the ability to license Oracle software to its existing and future e-government portal partners. e-Utah, NIC's public/private partnership with the State of Utah will be NIC's first comprehensive Oracle implementation. e-Utah will bring several interactive e-government services on-line using the Oracle Internet Platform, including Oracle8i(TM), Oracle Application Server and Oracle JServer. About NIC National Information Consortium provides federal, state and local governments with end-to-end e-government solutions, including a broad range of software, services and applications. NIC helps governments use the Internet to reduce costs and provide a higher level of service by building Web sites and applications that allow businesses and citizens to access government information and to complete government-based transactions online. Some examples of applications include: professional license renewals, Internet tax filings, automated UCC files searches and automobile registration renewals. NIC contracts with state and municipal governments to design, build and operate Internet-based portals on their behalf. As of July 1999, NIC had signed contracts with Arkansas, Georgia, Indiana, Indianapolis and Marion County (Indiana), Iowa, Kansas, Maine, Nebraska, Utah and Virginia. Additional information about NIC is available at nicusa.com. Oracle is a registered trademark and Oracle8i is a trademark or registered trademark or Oracle Corporation. Special Note: Statements in this release regarding NIC's plans to implement Oracle products, Oracle and NIC jointly promoting electronic government solutions, NIC sustaining its leadership position in the e-Government industry, NIC significantly expanding its market reach through this alliance, and e-Utah being NIC's first comprehensive Oracle implementation are forward-looking statements. There are a number of important factors that could cause actual results to differ materially from those suggested or indicated by these forward-looking statement. These factors include, among others, the success of NIC in implementing Oracle solutions in its public/private partnerships; Oracle and NIC successfully cross-promoting each others' products; government agencies continued acceptance of e-commerce and transaction-based solutions; existing states and agencies adopting new NIC services and applications; acceptance of e-government solutions by businesses and citizens; competition; and general economic conditions and the other important cautionary statements and risk factors described in NIC's Registration Statement declared effective July 15, 1999 with the Securities and Exchange Commission and with the Company's most recent quarterly report filed with the SEC.