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Bob Wynne
Oracle
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bob.wynne@oracle.com



Oracle To Divest Siebel's OnTarget Business
REDWOOD SHORES, Calif.,   14-FEB-2006 04:35 AM    Oracle Corporation (Nasdaq: ORCL) announced today it will divest its OnTarget business unit, which is part of Siebel University. After conducting a careful review of OnTarget, Oracle determined that despite its long history of successful outcomes, the unit is not core to Oracle's business strategy.

"Oracle believes that for the right company OnTarget is a very valuable asset," said Oracle SVP of Corporate Development Douglas Kehring. "Numerous parties have already expressed interest in acquiring the operation and we expect to complete the divestiture this spring."

OnTarget is a leading sales methodology consultancy. With more than 500 clients served and over 100,000 sales professionals trained, OnTarget has perfected the art of designing and implementing sales processes and methodologies to improve the effectiveness of salespeople, sales teams, sales organizations, and channel partners.

OnTarget's customers includemany Fortune 1000 companies, primarily in the high technology, telecommunications and business services industries.. Siebel Systems acquired OnTarget in 1999.

Those interested in more information about OnTarget and this divestiture, should contact McNamee Lawrence & Co. LLC at +1 (617) 638-2602 (www.mlcllc.com).

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