PeopleSoft Announces Supply Chain Management 8.8; Enhanced Functionality To Enable Increased Productivity and Superior Ownership Experience.

Business Editors/High-Tech Writers

Distributors' and Manufacturers' Users Group Conference

AUSTIN, Texas--(BUSINESS WIRE)--Nov. 11, 2003

At its biannual Distributors' and Manufacturers' Users Group (DMUG) Conference, PeopleSoft, Inc. (Nasdaq:PSFT) today announced PeopleSoft(R) Enterprise Supply Chain Management (SCM) 8.8. The solution will include new functionality designed to enable manufacturers to increase the speed and agility of production, and provide an enhanced Total Ownership Experience.

"PeopleSoft continues to enhance the usability of its manufacturing solutions," said Robert Cerny, manager of IT Strategy and Planning, Elkay Manufacturing and current DMUG President. "PeopleSoft consistently works closely with the DMUG to learn more about our needs and delivers enhancements that enable applications to be deployed more quickly and easily."

Support for Supply Chain Management Best Practices

PeopleSoft Enterprise SCM 8.8 will include new functionality that supports best practices across manufacturing and customer order management processes. Highlights include:

PeopleSoft Enterprise Manufacturing:

-- Real-Time Analytics: A new Manufacturing Scorecard instantly

delivers production information directly to a manager's

desktop, providing real-time analysis of throughput,

inventory, quality and actual manufacturing costs.

-- Serial Genealogy: Tracks specific component parts within

finished goods to enable quick identification of products that

may include a flawed set of parts.

-- Yield-by-Operation: Improves production planning by accounting

for materials lost during each stage of the manufacturing

process.

PeopleSoft Enterprise Customer Order Management

-- Enhanced Promotion Flexibility: Enables managers to quickly

and efficiently manage trade promotions and measure success

across specific channels.

-- Self-Service Pricing: Managers can instantly adjust pricing

for products to reflect changes in demand or shifts in

marketing strategies.

-- Cross-docking: This functionality matches received goods with

outgoing orders, enabling orders to be fulfilled immediately

without incurring stocking costs.

Enhanced Total Ownership Experience

In May of 2003, PeopleSoft introduced the Total Ownership Experience initiative. This initiative addresses all aspects of the enterprise application lifecycle, dramatically improving the way organizations implement, maintain, and use enterprise software. Customers can realize an increased return on investment from faster implementations, greater user productivity, and improved IT effectiveness. PeopleSoft Enterprise SCM 8.8 will deliver on the Total Ownership Experience by incorporating more than fifty enhancements that improve usability and drive user productivity. For example, during user testing, the task completion rate for order management was improved by more than 100 percent as a result of the solution's enhanced user interface. In addition, the solution will include new installation wizards, templates, and a library of pre-built integration points to speed implementation.

"Shrinking margins, increasing supply chain complexity, fluctuations in demand, and skyrocketing customer expectations are resulting in major challenges for manufacturers," said Carol Ptak, global industry executive and vice president of PeopleSoft Manufacturing and Distribution. "From the plant floor to corporate operations, PeopleSoft SCM continues to deliver unique solutions that enable customers to run demand-driven enterprises."

PeopleSoft Enterprise 8.8 Supply Chain Management will be generally available in December 2003.

About PeopleSoft

PeopleSoft (Nasdaq: PSFT) is the world's second largest provider of enterprise application software with 12,000 customers in more than 25 industries and 150 countries. For more information, visit us at www.peoplesoft.com.

PeopleSoft is a registered trademark of PeopleSoft, Inc. All other company and product names may be trademarks of their respective owners.

Forward-Looking Statements 

Statements made in this press release that state the Company's or management's intentions, beliefs, expectations, or predictions for the future are forward-looking statements. Readers are cautioned that these statements are only predictions and may differ materially from actual future events or results. All forward looking-statements are only as of the date they are made and PeopleSoft undertakes no obligation to update or revise them. The specific forward-looking statements relate to such matters as the impact of the Company's combination with J.D. Edwards and the combined Company's projected financial performance. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: our ability to successfully complete the integration of J.D. Edwards into PeopleSoft and to achieve anticipated synergies, economic and political conditions in the U.S. and abroad; the ability to complete and deliver products and services within currently estimated time frames and budgets; the ability to manage expenses effectively; the ability to achieve revenues from products and services that are under development; competitive and pricing pressures; and other risks referenced from time to time in the Company's filings with the Securities and Exchange Commission. Please refer to the Company's current annual report on Form 10-K and quarterly report on Form 10-Q for more information on the risk factors that could cause actual results to differ.