ORACLE SYSTEMS CORPORATION RENAMED 'ORACLE CORPORATION'
While the business and management of the company will remain the same, the merger will provide significant savings in administrative costs and simplification of the corporate structure for employees, customers and other third parties. The merger and name change was effective as of the close of business May 31, 1995.
Oracle Corp., a $2 billion company with headquarters in Redwood Shores, California, is the world's leading supplier of information management software. Oracle develops and markets Oracle Media Server and the Oracle7 family of software products for database management; Developer/2000 and Designer/2000, tools for enterprise-wide, client/server solutions for commercial accounting, manufacturing, distribution, government accounting, human resources and project control. Oracle software runs on personal digital assistants, set-top devices, PCs, workstations, minicomputers, mainframes, and massively parallel computers. The company offers its products, along with related consulting, education, and support services, in more than 90 countries around the world.
For more information about Oracle, please contact Oracle's headquarters in Redwood Shores, Calif. at (415) 506-7000. Oracle's World Wide Web server address is http://www.oracle.com/.
NOTE: Oracle is a registered trademark of Oracle Corporation. Oracle7, Oracle Media Server, Oracle Cooperative Applications, Developer/2000 and Designer/2000 are trademarks of Oracle Corporation. All other brand and product names are trademarks of their respective companies.
/CONTACT: Susan Stoney Hirano, Public Relations, 415-506-3220, or Catherine Buan, Investor Relations, 415-506-4073, both of Oracle/
CO: Oracle Systems Corporation; Oracle Corporation ST: California IN: CPR SU:
RB -- SF008 -- 1598 06/01/95 16:09 EDT
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|Date:||Jun 1, 1995|
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