Hoover's, Inc. Joins Oracle PartnerNetwork And Integrates Hoover's Portal Windows Within Oracle9iAS Portal
FOR IMMEDIATE RELEASE
AUSTIN, TEXAS - March 26, 2002 - Strengthening its relationship with Oracle Corporation (Nasdaq: ORCL), Hoover's, Inc. (Nasdaq: HOOV), a leading provider of business information, today announced it has joined the Oracle PartnerNetwork and has integrated its Hoover's Portal Windows within the portal framework in Oracle9i Application Server (Oracle9iAS).
Hoover's Portal Windows, navigational windows into Hoover's Online (www.hoovers.com), will be optimized to work with Oracle9iAS portal technology, enabling Oracle to provide its portal customers with portlet access to Hoover's coverage of the world's most influential and fastest-growing companies and industries, and customizable views of news, biographical and product information.
"The strengthening of this alliance gives us yet another great opportunity to combine what we believe to be the best business information available on the Web, with one of the best Enterprise Information Portal (EIP) applications," said Carl Shepherd, Hoover's executive vice president of corporate strategy and development. "Together, Hoover's and Oracle9iAS portal technology will help businesspeople become more effective and efficient in their daily jobs."
"Knowledge is key to making effective business decisions," said Julie Tung, vice president, Global Partnering at Oracle. "Together, Oracle and Hoover's provide accessibility to global business information that is essential to those in sales, marketing and business development. We're delivering to our mutual customers information and empowerment, which are critical success factors in today's fast-moving economy."
About Hoover's, Inc.
Hoover's, Inc. (Nasdaq: HOOV) is a leading provider of business information. Hoover's publishes authoritative information on public and private companies worldwide, and provides industry and market intelligence. This information, along with advanced searching tools, is available through Hoover's Online (www.hoovers.com), the company's premier online service that helps sales, marketing, recruiting and business development professionals and senior-level executives get the global intelligence they need to grow their businesses. Hoover's business information is also available through corporate intranets and distribution agreements with licensees, as well as via print and CD-ROM products from Hoover's Business Press. Hoover's investors include AOL Time Warner (NYSE: AOL), Media General (NYSE: MEG), and Knowledge Universe. Hoover's is headquartered in Austin, Texas, and has offices in New York City and San Francisco.
About the Portal Framework in Oracle9i Application Server
The portal framework in Oracle9i Application Server is a complete solution for building, deploying and maintaining self-service, integrated enterprise portals. It combines an extensible framework for standardized application access with a set of self-services tools for customizing the portal experience, publishing and managing information, and accessing dynamic data. Oracle9iAS connects employees, partners and suppliers with the information they need and allows them to tailor their portal view to the way they work. Using Oracle9iAS, organizations are able to expose applications to users and provide easy access to business critical information in a standard format, while allowing new applications and data sources to be added as required.
About the Oracle PartnerNetwork
The Oracle PartnerNetwork is a global business network of more than 12,000 companies who deliver innovative enterprise software solutions based on Oracle software. Through access to Oracle's premier products, education, technical services, marketing and sales support, the Oracle PartnerNetwork provides partners with the resources they need to be successful in today's Internet economy. Oracle partners are able to offer customers leading-edge solutions backed by Oracle's position as the world's largest enterprise software company.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain forward-looking statements relating to future events or results that involve risks and uncertainties, including statements regarding the expected benefits of strategic relationships, future services and new products such as Hoover's Portal Windows. Among the important factors which could cause actual results of Hoover's to differ materially from those in the forward-looking statements are the market demand and acceptance of new and enhanced services, the success of new features and tools from Hoover's Online, competition, economic conditions specific to the Internet, as well as general economic and market conditions and other factors described in Hoover's reports and documents filed from time to time with the Securities and Exchange Commission, including its prospectus and recent 10-K and 10-Q filings.
Contact
Patricia Colpitts
Hoover's, Inc.
512-374-4612
pcolpitts@hoovers.com
