Home Box Office Selects Oracle

Home Box Office Selects Oracle

REDWOOD SHORES, Calif., June 28 /PRNewswire-FirstCall/ -- Oracle (NASDAQ:ORCL) today announced that Home Box Office, Inc. ("HBO"), the premium television programming subsidiary of Time Warner, Inc., has selected Oracle to help support its growing business in the evolving media and entertainment industry. As part of the agreement, HBO has purchased Oracle(R) Applications to support its expanding media distribution opportunities.

(http://www.newscom.com/cgi-bin/prnh/20020718/ORCLLOGO)

HBO provides two 24-hour pay television services -- HBO and Cinemax -- to over 40 million U.S. subscribers. The services offer the most popular subscription video on demand products, HBO On Demand and Cinemax On Demand, as well as multiplex channels and HD feeds. Internationally the subscription video on demand products, HBO On Demand and HBO Mobile, along with branded joint ventures, bring HBO services to over 50 countries. HBO programming is sold into over 150 countries worldwide.

To keep pace with the expanding distribution of its cutting-edge programming services to multiple platforms, both domestically and internationally, HBO needed a solid, scalable technology foundation to address the company's needs today and into the foreseeable future. After evaluating competitive offerings, HBO selected Oracle for its strength and performance as a leading ERP provider, and because Oracle's products would best address HBO's business requirements.

HBO will benefit from using Oracle Financials and Oracle Projects, part of the Oracle E-Business Suite, by capturing the broad range of financial data needed to meet the needs of internal and external reporting. Built on open- standards, highly scalable and pre-integrated with other business applications, such as supply chain and procurement, Oracle will enable HBO to provide the essential financial information required to manage their business.

"With all the change happening in our business, we knew we needed an infrastructure that could support the flexibility and scalability required of our increasingly diverse and complicated business models," said Michael Gabriel, CIO of HBO. "Oracle has the right approach and the right solution for our business and will enable us to meet our reporting needs for each of our distribution revenue streams, and provides us with integration into our supply chain, procurement and other business processes."

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First Call Analyst:
FCMN Contact: susanne.penner@oracle.com

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20020718/ORCLLOGO
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PRN Photo Desk, photodesk@prnewswire.com

Source: Oracle

CONTACT: Susie Penner, +1-650-506-1973, susanne.penner@oracle.com, or
Caroline Yu, +1-650-506-8920, caroline.yu@oracle.com, both of Oracle

Web site: http://www.oracle.com/

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Profile: International Entertainment