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Technology Stocks : Oracle Corporation (ORCL) -- Ignore unavailable to you. Want to Upgrade?


To: tech101 who wrote (15280)2/13/2001 8:42:55 AM
From: Neil H  Respond to of 19080
 
Going after Siebel in their advertising.

Tuesday February 13, 8:30 am Eastern Time

Press Release

SOURCE: Oracle Corp.

Oracle(R) Contracts Flying High - Siebel
Grounded Indefinitely

REDWOOD SHORES, Calif., Feb. 13 /PRNewswire/ -- (http://www.oracle.com/tellmemore/?607349)
When a company sells multiple products and services, they must be able to manage a large set of
contracts. Often, these contracts have more terms and conditions than an aircraft has parts. And, as is
the case with planes, every rivet that pops off means an ever increasing probability of failure. Managing
the inherent complexities that arise from negotiating and managing large numbers of contracts is an
arduous process, and without a comprehensive contract management system, a company can
seriously harm its customer relationships. With Oracle Contracts, Oracle (Nasdaq: ORCL - news)
offers the ability to handle numerous complex agreements, quickly define and price new service
offerings, while enabling conformity to a company's business practices. Oracle Contracts manages
how products and services are sold and serviced, how services get renewed, and how products and
services can be up-sold when contracts are due to expire. Someday Siebel may realize the critical
nature of such contracts, but until then, if you need this capability, you'll have to contract with Oracle.