REDWOOD SHORES, Calif., June 2, 1999 ? Oracle Corp. (Nasdaq: ORCL) and Qwest Communications International Inc. (Nasdaq: QWST), the Internet communications company, today announced that Qwest will be the first preferred applications hosting and network infrastructure strategic provider to Oracle Business OnLine*, the world's leading Internet application software hosting service. The alliance will combine Qwest's reliable, high-speed network and leading edge data centers with Oracle Business OnLine's application hosting service to deliver customers high-bandwidth, securely hosted solutions to enable their e-business transactions.
This strategic relationship expands Oracle Business Online's capacity to host mission-critical applications for e-businesses of all sizes. The alliance signifies another key component in Qwest's recently announced strategy to be a leading Application Service Provider (ASP), delivering Internet-based applications and services to businesses around the world.
Under the terms of the agreement, Oracle and Qwest will coordinate to host Oracle Business OnLine customers at a Qwest CyberCenterSM. Qwest's CyberCenters are located throughout the U.S. and connected to the Qwest nationwide Internet Protocol-based communications network.
Launched in November 1998, Oracle Business OnLine is a service that is delivering companies enterprise applications and technology across a network from a professionally managed environment. With a simple browser and network connection, companies access Oracle's 100 percent web-based applications, proven consulting services and reliable customer service.
"Qwest is pleased to have been selected as Oracle's first applications hosting provider as it illustrates their confidence in the Qwest ASP solution," said Lewis O. Wilks, Qwest's president of Internet and Multimedia markets. "This relationship further demonstrates our commitment to providing customers a choice of leading edge Internet-based business solutions. By working with Oracle we will rapidly accelerate the demand of hosted application services and continue to strengthen our position in the market."
"Oracle Business OnLine has been successful in providing companies a world-class hosting solution that delivers superior economics, simplified IT management and access to Oracle's enterprise-class applications," said Chris Russell, president of Oracle Business OnLine. "Through our relationship with Qwest, we can ensure that customers will access Business OnLine with unprecedented speed, security, and reliability."
Oracle and Qwest will jointly market these hosted applications services to businesses of all sizes. Services will be available to customers within 90 days.
Qwest Communications International Inc. (Nasdaq: QWST) is a leader in reliable and secure broadband Internet-based data, voice and image communications for businesses and consumers. Headquartered in Denver, Qwest has more than 8,500 employees working in North America, Europe and Mexico. The Qwest Macro Capacity® Fiber Network, designed with the newest optical networking, will span more than 18,500 route miles in the United States when it is completed by mid-1999, and an additional 315-mile network route that will be completed by the end of the year. In addition, Qwest and KPN, the Dutch telecommunications company, have formed a venture to build and operate a high-capacity European fiber optic, Internet Protocol-based network that has 2,100 miles and will span 9,100 miles when it is completed in 2001. Qwest also has nearly completed a 1,400-mile network in Mexico.
Oracle Corporation is the world's leading supplier of software for information management, and the world's second largest software company. With annual revenues of more than $8.3 billion, the company offers its database, application server, tools and application products, along with related consulting, education and support services, in more than 145 countries around the world. For more information about Oracle, please call 650/506-7000. Oracle's World Wide Web address is http://www.oracle.com/.
TrademarksOracle is a registered trademark of Oracle Corporation. Other names may be trademarks of their respective owners.
This release may contain forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. Readers are referred to the documents filed by Qwest with the SEC, specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements, including potential fluctuations in quarterly results, dependence on new product development, rapid technological and market change, failure to complete the network on schedule and on budget, financial risk management and future growth subject to risks, Qwest?s ability to achieve Year 2000 compliance, and adverse changes in the regulatory or legislative environment. Qwest undertakes no obligation to review or confirm analysts? expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
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