25.9.07

Oracle Donates $1 Million to JA Worldwide

JA Worldwide (Junior Achievement) announced today that Oracle has awarded a $1 million Oracle Commitment Grant in support of the organization's innovative JA Titan(TM), a web-based business competition for teens. The gift, which will be distributed over the next two years, will expand JA Titan beyond the U.S. and Canada to 10 additional countries around the world.

JA Titan is an innovative online high school-level program that helps students act as virtual CEOs, exercising critical economic and management decisions using an interactive web-based simulation of companies competing in an imaginary global marketplace. JA Titan gives participants firsthand experience in the challenges that come with operating a successful global
enterprise.

"Through Oracle's considerable support, JA Titan will allow American high school students to work with, learn from, and interact with high school students in Europe, Asia, Latin America and other parts of the world," said Gerald M. Czarnecki, president and chief executive officer of
JA Worldwide. "This is going to bring the global economy to life for young people in an exciting and powerful way. It will not only make our global economy more tangible for these students, but it will leave them better prepared to succeed in that economy when they are adults."

Oracle's grant will allow JA Worldwide to translate JA Titan into 10 languages and expand to 10 new countries. Participating countries will be determined in the coming months.

"Oracle is committed to advancing education in innovative ways to ensure that students have access to vital technology skills and training necessary for success in today's global economy," said Rosalie Gann, Director, Oracle Global Corporate Citizenship. "We are excited to expand
our partnership with JA to promote global learning to positively impact the lives of students and communities worldwide."

Source: www.prnewswire.com


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