7.8.07

Roamfree Ltd Achieves Global Implementation of the Oracle E-Business Suite Release 12

REDWOOD SHORES, Calif., Aug. 6 /PRNewswire-FirstCall/ -- Oracle today
announced that Roamfree Ltd, the online global accommodation search
company, has implemented the Oracle E-Business Suite Release 12 in only four months.

With the Oracle E-Business Suite Release 12, Roamfree Ltd has streamlined and standardized best-practice administrative and financial processes within its global enterprise, and has built a solid and scalable foundation for automating and integrating additional business functions in
the future. Implemented in partnership with Zensar Technologies, a global software solutions provider and member of the Oracle PartnerNetwork, this implementation represents one of the first global go-lives of the Oracle E-Business Suite Release 12 since its availability in January 2007.

Roamfree enables travelers around the world to search and reserve accommodations online in real-time, from more than 100,000 accommodation providers. Roamfree is owned by former Sydney Swans footballer Tony Smith and currently has about 140 staff, including 65 IT professionals with corporate headquarters in Surfers Paradise, Australia. The company chose
the Oracle E-Business Suite over SAP and Microsoft to provide a fully integrated foundation with a best-practice driven global enterprise that leverages standards-based technology to support the company's continued growth and expansion. Additionally, Roamfree plans to simplify and integrate its core system infrastructure onto one platform to reduce the
number of separate information systems the company must maintain, while improving the quality and timeliness of information used in decision-making across the enterprise. Roamfree is currently focusing on Australia, New Zealand, and the Pacific, with third-party partnerships expected to deliver accommodation search globally. "The Oracle E-Business Suite is the backbone of our business," said Adrian Van Vliet, Global Chief Information Officer at Roamfree Ltd." With undeniable global strength, standards-based technology and leadership in delivering solid financial systems, Oracle was a natural choice for Roamfree. We believe Oracle not only will meet our needs now, but the company's plans for Oracle Fusion Applications to help ensure that we have a solid, state-of-the-art platform for supporting our business in the future."

Platform for Growth

In April 2007, Roamfree completed the first phase of its implementation of the Oracle E-Business Suite Release 12. This included critical financial management functionality, such as general ledger, trust accounting, accounts receivable and accounts payable, in addition to seamless integration between transactions conducted through its Global Accommodation
Search engine and key financial systems. Roamfree's implementation of the Oracle E-Business Suite Release 12 will continue in two additional phases planned this year. In these phases, Roamfree will focus on deploying internal financial systems, such as purchasing and fixed assets, human resource functionality, including employee self-service, full customer relationship management modules and business intelligence.

About Oracle E-Business Suite Release 12

The newly updated Enterprise Resource Planning (ERP) applications of the Oracle E-Business Suite provide a centralized financial architecture that enables higher levels of control and transparency while supporting diverse local accounting, tax and employee regulations and standards. The ERP applications of the Oracle E-Business Suite Release 12 also help lower
costs with centralized set-up and maintenance of accounting, tax and banking rules. This release is continued proof of Oracle's "Applications Unlimited" program, the company's long-term plan to provide ongoing enhancements to current Oracle Applications.

About Oracle

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

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Source: www.oracle.com


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