Companies Around the World Continue to Choose PeopleSoft; Business Software Leader Extends Global Reach.PLEASANTON, Calif.--(BUSINESS WIRE)--Aug. 18, 1998--PeopleSoft (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :PSFT PSFT PeopleSoft (stock symbol) PSFT Progressive Saturation Fourier Transform PSFT Prosoft-Technology, Inc ) is gaining global momentum as more enterprises around the world chose and implement PeopleSoft enterprise applications. Today, PeopleSoft announced license agreements with the Australian Department of Defense, the Japanese Research Institute, and Morrison Express Corp., a leading freight forwarder An individual who, as a regular business, assembles and combines small shipments into one lot and takes the responsibility for the transportation of such property from the place of receipt to the place of destination. in Asia. In addition, British Telecom The telephone and communications carrier that provides services in Great Britain and Northern Ireland. It used to be a division of the British Post Office, but was privatized in 1984 under Margaret Thatcher's administration. recently licensed PeopleSoft HRMS HRMS Human Resource Management System HRMS High Resolution Microwave Survey (SETI, Project Phoenix) HRMS High Resolution Mass Spectroscopy HRMS High Resolution Molecular Spectroscopy HRMS Human Resources Management Specialist , and in July, the Treasury Department for the Commonwealth of Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. implemented PeopleSoft Financials to improve efficiency and effectiveness. "Our customers around the world face diverse business challenges, and PeopleSoft is dedicated to providing the tools they need to compete successfully in their markets," said Howard Gwin, general manager of international operations at PeopleSoft. "We have introduced a wide range of global applications and functionalities this year, and those investments are paying off. By creating enterprise solutions that meet customer needs globally, PeopleSoft is becoming a world leader in application software." To that end, PeopleSoft opened offices in Hong Kong and Switzerland in June, expanding to 17 the number of countries in which it operates. The company already counts among its customers seven of the top 10 Global Fortune 500 companies, including Wal-Mart Stores Inc. and Mitsubishi Corp. Highlights of PeopleSoft's recent global licensing activity and implementations include: Reducing Costs in Australia Australia's Department of Defense and PeopleSoft signed a contract for the implementation of PeopleSoft's HRMS, Time and Attendance, and Payroll applications across the entire defense organization. The PeopleSoft solution will consolidate Navy, Army, Air Force and Defense Public Services' human resources (HR) systems. The Department of Defense expects to save millions of dollars in maintenance and staff time with the PeopleSoft systems. Web Deployment in Japan The Japan Research Institute, Limited (JRI JRI Journaliste Reporter d'Images (French: Image Reporter Journaliste) JRI John Ray Initiative JRI James Redford Institute for Transplant Awareness (Los Angeles, CA) ) in Tokyo has entered into an agreement with PeopleSoft Japan to purchase PeopleSoft HRMS as part of an ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. solution. JRI's 2,500 employees will be able to access the PeopleSoft human resources system from their desktops through a Web browser The program that serves as your front end to the Web on the Internet. In order to view a site, you type its address (URL) into the browser's Location field; for example, www.computerlanguage.com, and the home page of that site is downloaded to you. on the JRI intranet. Y2K See Y2K problem and Y2K compliant. Y2K - Year 2000 and Beyond in Great Britain British Telecom purchased PeopleSoft HRMS to handle human resources functions for its 130,000 employees. "We wanted an HR solution that would not just solve the millennium problem, but also take us forward into the 21st century," says Linda Garforth, director of Financial Control and Planning for British Telecom in the United Kingdom. "With PeopleSoft's flexibility of function, and its future-proof architecture, we've got what we were looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. ." Streamlining Processes in Taiwan Taiwan-based Morrison Express chose PeopleSoft HRMS and Financials to standardize and streamline its human resources and accounting processes worldwide. Morrison wants to decrease the time required to close and reconcile its accounts from more than three weeks to five days. "PeopleSoft software will allow this to happen as well as provide executive information reporting capabilities beyond what we have today and to meet our increasingly sophisticated requirements," said Henry Hon, Morrison's vice president and CFO See Chief Financial Officer. . Going Live in Puerto Rico Puerto Rico's Department of Treasury, the equivalent of the Internal Revenue Service in the United States, completed a PeopleSoft implementation in July. "We selected PeopleSoft Financials because we believe it will give us the tools to streamline our business processes and expand access to information across the island," said Xenia Xenia (zē`nēə), city (1990 pop. 24,664), seat of Greene co., SW Ohio; inc. 1814. It is a trade and industrial center in a farm area. Rope and twine, plastics, potato chips, valves, and hydraulic lifts are among its manufactures. Velez Silva, Puerto Rico's Secretary of the Department of Treasury. "We need the functionality, the tools, and the client-server technology that PeopleSoft offers to take us into the next century." About PeopleSoft PeopleSoft (NASDAQ:PSFT) is a global supplier of enterprise software for business and government. PeopleSoft solutions for manufacturing, supply chain, financial, project and human resource management are in use by more than 2,500 customers worldwide. Headquartered in Pleasanton, Calif., PeopleSoft employs 6,000 people and had 1997 revenues of $815 million. PeopleSoft is on the World Wide Web at www.peoplesoft.com. Note to Editors: PeopleSoft, PeopleTools, PS/nVision, PeopleBooks, and PeopleCode are registered trademarks, and Red Pepper and PeopleTalk are trademarks of PeopleSoft Inc. All other company and product names may be trademarks of their respective owners.
CONTACT: PeopleSoft Inc.
Jeanette Valentine, 925/694-3264
jeanette_valentine@peoplesoft.com
or
Edelman Public Relations Worldwide
Emma Duckenfield, 650/968-4033
emma_duckenfield@edelman.com
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