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Stephanie Baker
Oracle Corp.
(650) 633 8927
stephanie.baker@oracle.com
Mike Burk
Applied Communications
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Third Generation Internet Enabled Oracle HRMS Racks Up Over 100 New Customers
Companies Increasingly Choose Oracle Human Resource Suite Over Competition To Streamline Operations with Integrated E-Business Suite
REDWOOD SHORES, Calif.   15-AUG-2000 06:00 AM    Oracle Corp., the largest provider of software for e-business, today announced that in the past year more than 100 new customers have chosen Oracle(r) Human Resource Management System to boost internal efficiencies, Manage their global workforces, and drive self-service throughout the enterprise. Aspect Communications, Best Buy, Hertz, Iron Mountain, Mercury Computer Systems, ONEOK, Inc., Stream International, Timex and Xilinx are among companies who recently selected Oracle HRMS because of its Web-enabled, scaleable architecture and its ability to integrate current human resource processes with other applications.

Best Buy Co., Inc. (NYSE: BBY), the nation’s largest volume specialty retailer of consumer electronics, personal computers, entertainment software and appliances, is representative of companies that are internalizing the move to e-business using Oracle HRMS. By providing more than 50,000 employees nationwide with access to a single, centralized HR system, Best Buy employees will now spend less time completing human resource related forms, giving them more time to focus on their jobs. Through implementation of Oracle HRMS solution, Best Buy will also be able to recruit, hire and track new employees more effectively and efficiently, improve employee productivity and allow Best Buy management to focus on the strategic workforce initiatives that are integral to Best Buy’s goal of being the "employer of choice" in the technology and retail industry.

"Oracle had the best total offering for Best Buy’s human resources needs," said Dale Anderson, IS Leader for Rapid Solutions, Best Buy. "Best Buy’s employees are what make us number one in our industry and Oracle HRMS will help keep pace with our growth and on the evolution path to world class practices."

"More and more companies are realizing that human resources is a vital part of their business, especially their e-business," said Joel Summers, senior vice president Human Resources Applications, Oracle Corp. "In order to stay ahead, they are turning to Oracle to provide them with the software that streamlines their human resource management, turning their HR departments into the strategic operations required to keep their critical human assets aligned with organization objectives."

Designed for the Internet, Oracle HRMS is comprised of Oracle Human Resources, Oracle Advanced Benefits, Oracle Payroll, Oracle Self-Service Human Resources, Oracle Training Administration and Oracle Time Management.

About Oracle

Oracle Corporation provides the software that powers the Internet.

For more information about Oracle, please call Oracle Public Relations at 650/506-4176.

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