Oracle Clients Gain Documented Data Management Technology for Rapid Implementation and Compliance Readiness with New Solution Accelerator Program

PRINCETON, NJ – May 16, 2006 – Princeton Softech, the market leader in enterprise data management, and Oracle, today announced the general availability of the Princeton Softech Optim and Oracle® Accelerator for Oracle E-Business Suite Solution. A documented and field-tested deployment methodology, the accelerator helps streamline the process of implementing the Optim enterprise data management solution in Oracle environments. Princeton Softech and Oracle deliver a dependable and supported solution that helps clients sustain a superior ownership experience that spans the life of their Oracle E-Business Suite investment.

To facilitate the deployment of Optim in an Oracle environment, the accelerator program guides users through the process of defining business and IT requirements to manage application transaction records from creation to deletion. Princeton Softech and Oracle work with clients through five defined phases of solution deployment: Plan, Design, Build, Deploy and Maintain. This program enables clients to align application service levels with business processes by including detailed operations and reference documentation tailored to each site’s implementation of Oracle E-Business Suite and its business rules or policies.

“Companies would benefit from implementing a data management solution with a focus on sustaining compliance readiness and increasing business value,” said Lee Geishecker, Research Vice President at Gartner. “An effective solution would provide capabilities for processing data at the business object level, allowing the organization to segregate these transactions, store them safely and meet the growing requirements of a stringent regulatory business environment.”

By enabling the capabilities required to manage business records from creation to deletion, Princeton Softech Optim helps Oracle sites to sustain compliance readiness, consistently achieve service level targets and optimize resource allocation. Optim utilizes Oracle application logic to capture historical transactions as “reference snapshots” of business activity, allowing sites to apply consistent, repeatable and unalterable processes for transaction retention and reporting.

“By helping to reduce implementation time and cost, simplify upgrades and minimize downtime, Oracle sites can leverage the accelerator to attain a superior ownership experience for their Oracle E-business Suite applications,” said David O’Neill, Vice President, Technology Business Unit at Oracle. “The capabilities of Princeton Softech Optim allow clients to define policies to manage critical data, specify business rules at each stage of the lifecycle and help to achieve measurable benefits that span the enterprise.”

“As an Oracle Certified Advantage partner, Princeton Softech provides a comprehensive solution that enables our mutual clients to implement enterprise data management strategies – enhancing the value of Oracle E-Business Suite applications,” said Paul Winn, chairman, CEO & president of Princeton Softech. “Together, Princeton Softech Optim and Oracle Accelerator for Oracle E-Business Suite enable improved performance by speeding time to value and mitigating risk. Companies can improve compliance readiness and control costs by allocating resources based on the value of their data.”

To learn more about Princeton Softech Optim and Oracle® Accelerator for Oracle E-Business Suite Solution on the Princeton Softech website please click here: www.princetonsoftech.com/Solutions/OracleAccelerator.asp.

To learn more about Princeton Softech Optim and Oracle® Accelerator for Oracle E-Business Suite Solution on the Oracle website please click here:
www.oracle.com/technology/consulting/10gServices/index.html.

About the Oracle PartnerNetwork

Oracle PartnerNetwork is a global business network of 16,000 companies who deliver innovative software solutions based on Oracle software. Through access to Oracle's premier products, education, technical services, marketing and sales support, the Oracle PartnerNetwork program provides partners with the resources they need to be successful in today's global economy. Oracle partners are able to offer to customers leading-edge solutions backed by Oracle's position as the world's largest enterprise software company. Partners who are able to demonstrate superior product knowledge, technical expertise and a commitment to doing business with Oracle can qualify for the Oracle Certified Partner levels.

About Oracle

Oracle (NASDAQ: ORCL) is the world’s largest enterprise software company. For more information about Oracle, please visit our Web site at www.oracle.com.

About Princeton Softech

Princeton Softech (www.princetonsoftech.com) provides enterprise solutions which align application data management with business objectives. Our industry leading Optim™ solution enables organizations to optimize performance, mitigate risks and control costs. Partnered with the market leaders in business technology, we deliver capabilities that scale and support your enterprise - applications, databases and platforms.  More than 2,200 companies worldwide – including nearly half of the Fortune 500 – rely on Princeton Softech’s proven solutions to maximize the business value of their enterprise applications and databases.

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