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Industry Leading Companies Around the World Choose PeopleSoft; Business Software Leader Signs More Than 175 New Customers in Q1 1998.


PLEASANTON, Calif.--(BUSINESS WIRE)--May 18, 1998--Leading companies around the world continue to choose 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
) enterprise applications to run their businesses.

PeopleSoft today announced that more than 175 new customers signed licensing agreements in the first quarter of 1998, including leading organizations such as: Princeton University Princeton University, at Princeton, N.J.; coeducational; chartered 1746, opened 1747, rechartered 1748, called the College of New Jersey until 1896. Schools and Research Facilities
, City of Los Angeles
For the city, see Los Angeles, California.
The City of Los Angeles was a streamlined passenger train jointly operated by the Chicago and North Western Railway and the Union Pacific Railroad.
, City of Boston, U.S. Bureau of Labor Statistics Bureau of Labor Statistics (BLS)

A research agency of the U.S. Department of Labor; it compiles statistics on hours of work, average hourly earnings, employment and unemployment, consumer prices and many other variables.
, Borders Group Borders Group (NYSE: BGP) is an international bookseller based in Ann Arbor, Michigan. Borders is a Fortune 500 company, and is (as of 2005) the second-largest bookstore chain in the United States (after Barnes & Noble), selling a wide variety of books, CDs, DVDs, , Winn Dixie, Adecco, Red Roof Inns, Paramount Pictures Inc., Booz-Allen & Hamilton, Humana Inc., Singapore Telecom, and California Power Exchange. Details on new PeopleSoft customers are included in additional announcements released today.

One year ago, PeopleSoft reorganized into industry business units, enabling the company to increase its focus on key market segments and provide technology and solutions tailored to meet specific customer needs.

"The world's leading companies demand software that can meet the specific needs of their organizations today, while giving them the freedom and flexibility to grow and change in the future," said Aneel Bhusri, senior vice president of product strategy for PeopleSoft. "Working closely with our customers through the industry business units allows us to develop solutions that meet those specific needs and give companies a competitive edge on a global scale."

"Over the past year, PeopleSoft has successfully become an industry-focused organization with development and marketing programs that are partner-oriented, and that build off the company's past cross-industry success," said Dennis Byron Sir Charles Michael Dennis Byron was born in 1943 in Basseterre, Saint Kitts, the first of four children to Vincent and Pearl Byron.

Having won the Leeward Islands Scholarship, Dennis, as he is usually called, went on to read law at the world-renowned Cambridge University, U.
, research manager for vertical industry applications at market research firm International Data Corporation.

"The programs put PeopleSoft in the right place at the right time, bracketing both the product supply chain, which is now experiencing very rapid growth, and the services supply chain, the next major growth area for packaged applications."

The following are highlights of recent news and licensing activity from PeopleSoft's nine industry business units:

PeopleSoft Federal

PeopleSoft Federal recently signed license agreements with a number of top government organizations including the U.S. Department of the Navy, the U.S. Bureau of Labor Statistics, and The Federal Energy Regulatory Commission The Federal Energy Regulatory Commission (FERC) is the United States federal agency with jurisdiction over electricity sales, wholesale electric rates, hydroelectric licensing, natural gas pricing, and oil pipeline rates. . In addition, PeopleSoft Federal expanded agreements with the U.S. Department of Treasury and the U.S. Department of Agriculture.

PeopleSoft Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 

PeopleSoft's Financial Services business unit will deliver Human Resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees.  and/or Financials solutions to industry leaders Guardian Life Insurance Company of America The Guardian Life Insurance Company of America (GLICOA) is a Fortune 1000 company founded in 1860 in New York, New York. It is the fourth largest mutual life insurance company in the United States of America. , and Northwestern Mutual Life Insurance, among others.

PeopleSoft Healthcare

Healthcare industry leaders Humana Inc., Henry Ford Health System, The New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 and Presbyterian Healthcare Systems, University of Missouri Hospitals and Clinics, and Alternative Living Services licensed PeopleSoft Materials Management Materials management is the branch of logistics that deals with the tangible components of a supply chain. Specifically, this covers the acquisition of spare parts and replacements, quality control of purchasing and ordering such parts, and the standards involved in ordering, , Financials and/or Human Resources solutions.

In a related announcement May 1, PeopleSoft's Healthcare Business Unit released details of four recent PeopleSoft implementations completed in less than four months.

PeopleSoft Higher Education

PeopleSoft signed agreements with a number of major educational institutions during the first quarter of 1998, including Princeton University, University of Massachusetts The system includes UMass Amherst, UMass Boston, UMass Dartmouth (affiliated with Cape Cod Community College), UMass Lowell, and the UMass Medical School. It also has an online school called UMassOnline. , Palomar Community College, University of Rochester The University of Rochester (UR) is a private, coeducational and nonsectarian research university located in Rochester, New York. The university is one of 62 elected members of the Association of American Universities. , and Galludet University.

PeopleSoft Communications, Transportation, and Utilities

PeopleSoft's Communications, Transportation, and Utilities Business unit inked deals with a broad range of companies over the past quarter, including California Power Exchange, Entergy, Matheson Trucking, Duke Energy, Tucson Electric Power Tucson Electric Power (TEP) is an electric utility company serving southern Arizona in the United States. It is a subsidiary of the UniSource Energy Corporation.

Tucson Electric Park, a baseball stadium on Tucson's south side, is named for TEP.
, and El Paso Energy.

In addition, PeopleSoft Inc. and SPL (1) (Systems Programming Language) The assembly language for the HP 3000 series. See assembly language for an SPL program example.

(2) (Structured Programming Language) See structured programming.

1.
 WorldGroup (SPL) announced an agreement on May 11 to provide software integration and to embark on a joint sales, marketing and support effort for the utilities industry.

PeopleSoft Manufacturing

PeopleSoft's Manufacturing business unit continues to provide leading manufacturing solutions to both U.S. and international companies. In a related announcement, PeopleSoft today announced strategic marketing and integration agreements with nine manufacturing software and hardware companies to deliver complete solutions to a broad range of manufacturing and distribution companies.

PeopleSoft Public Sector

Major municipalities continue to look to PeopleSoft for efficient, cost-effective solutions for running their organizations. Recent licensees include the City of Los Angeles, California; City of Boston, Massachusetts; the State of Indiana; and the City and County of Denver, Colorado.

PeopleSoft Retail

PeopleSoft Retail, in partnership with retail merchandising software leader Intrepid Systems, Inc., delivers premiere enterprise business solutions for retail organizations. PeopleSoft recently signed agreements with Tricon Global Restaurants, Mars, Borders Books, The Bombay Company and Winn Dixie, among others.

PeopleSoft for Service Industries

PeopleSoft continues to provide leading solutions for companies in the service sector, signing new licenses for Financials and/or Human Resources solutions with Paramount, Red Roof Inns, DynCorp, Personnel Group of America, and Booz-Allen & Hamilton., as well as Adecco, the global leader in personnel services.

About PeopleSoft

PeopleSoft Inc. (NASDAQ:PSFT) was established in 1987 to provide innovative software solutions that meet the changing business demands of enterprises worldwide. A client/server applications pioneer and market leader, PeopleSoft develops, markets, and supports a complete suite of enterprise solutions for finance, materials management, distribution, supply chain planning, manufacturing, and human resources.

In addition, PeopleSoft provides industry-specific enterprise solutions to customers in select markets including communications, financial services, healthcare, manufacturing, higher education, public sector, services, transportation, U.S. federal government, and utilities.

The company also offers PeopleSoft Select, a complete packaged solution including software, hardware, and services to address the needs of medium-sized organizations.

With more than 2,200 customers around the world, PeopleSoft has been recognized for both its award-winning customer service and its remarkable growth. It was listed by Fortune Magazine as one of the fastest growing companies in America in 1994, 1995, 1996 and again in 1997. PeopleSoft product and service information is located on the World Wide Web at http://www.peoplesoft.com. -0-

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.

Kit Robinson, 925/694-2124

kit_robinson@peoplesoft.com

or

Edelman PR Worldwide

James Strohecker, 650/968-4033

james_strohecker@edelman.com
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Date:May 18, 1998
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