Oracle`s Wookey details combined Oracle and PeopleSoft applications product roadmap

Oracle Senior Vice President of Applications Development John Wookey today unveiled the combined Oracle and PeopleSoft product roadmap and support plans, providing customers with unprecedented options for applications that meet their unique business requirements. Following an announcement made earlier by Oracle CEO Larry Ellison, Wookey also detailed plans for "Project Fusion," a next generation information-oriented architecture and application set supporting the best features, flows and usability traits of Oracle, PeopleSoft and JD Edwards products.

"Oracle and PeopleSoft are truly better together," said Wookey at a customer event earlier today. "The new combined organization, comprised of the best talent in the enterprise software industry, will provide customers with greater innovation, support and expertise across industries. Our goal is to help customers achieve unprecedented levels of business efficiency and competitiveness by delivering products that reduce complexity and lower costs."

Wookey reiterated that Oracle retained approximately 90 percent of PeopleSoft`s development and support team, helping to ensure continuity for innovative product enhancements and around-the-clock support for PeopleSoft Enterprise, JD Edwards EnterpriseOne and JD Edwards World products.

The new "Project Fusion" is a new information age architecture based on industry standards that will be modularized for flexible deployment, optimal performance and easy maintenance. New information-driven applications will incorporate key strengths of all product lines and focus on business process automation, industry-specific capabilities, superior usability, real-time information access and reporting, and a shared data model to provide customers with a single source of truth.

The "Project Fusion" architecture will leverage the latest Oracle technology for scalability, availability, security and performance. "The new architecture and the results companies will achieve will be truly revolutionary, but the path to the new successor product line will be evolutionary," added Wookey.

Wookey reiterated Oracle`s commitment to further enhance and support future versions of PeopleSoft and JD Edwards products. He also provided an estimated release timeline:

* PeopleSoft Enterprise 8.9 will be completed in 2005
* Oracle E-Business Suite 12 (2006)
* PeopleSoft Enterprise 9 (2006)
* JD Edwards EnterpriseOne 8.12 (2006)
* Ongoing JD Edwards World enhancements to be delivered continuously
* First Project Fusion components, specifically data hubs and transaction bases, (beginning in 2006)
* Initial "Project Fusion" applications available in 2007
* "Project Fusion" applications suite delivery in 2008 Support milestones include:
* Oracle will provide support for the PeopleSoft Enterprise, JD Edwards EnterpriseOne and JD Edwards World product lines through at least 2013
* Oracle is extending JD Edwards EnterpriseOne XE and 8.0 support to February 2007
* For PeopleSoft`s other products and versions, including JD Edwards World, Oracle has adopted PeopleSoft`s current retirement policies
* Oracle will also continue to maintain currently supported hardware platforms, databases and operating systems.

Additional comments from customers and partners regarding the combined companies can be found at the following links: http://www.oracle.com/peoplesoft/customers.html and http://www.oracle.com/peoplesoft/ptr_quote.html. For more information about the combined companies and capabilities, please visit http://www.oracle.com/peoplesoft/launch_18jan05.html.