REDWOOD SHORES, Calif., June 24 /PRNewswire-FirstCall/ --   News Facts
  --  To help publicly held companies facilitate the preparation, publishing
      and automatic exchange of financial statements in XBRL (eXtensible
      Business Reporting Language), Oracle will embed UBmatrix, Inc.'s
      leading XBRL technology into Oracle's Enterprise Performance
      Management (EPM) System, Oracle announced today.

  Building Upon Robust XBRL Reporting Capabilities
  --  Specifically, organizations relying on components of Oracle's EPM
      System such as Oracle's Hyperion Financial Management for financial
      and statutory reporting will benefit from UBmatrix's Taxonomy
      Designer, XBRL Processing Engine and Report Builder technology through
      the automation of XBRL statement processing helping to ensure
      regulatory compliance and streamline the filing process.
  --  Oracle's Hyperion performance management applications have long
      supported XBRL as a basic output format via Hyperion Financial
      Reporting.  The UBmatrix technology will help to provide a much deeper
      level of XBRL functionality to organizations.
  --  XBRL is fast becoming the standard for financial information exchange
      and reporting driven by the XBRL standardization programs being
      implemented by the United States Securities and Exchange Commission
      (SEC), FDIC and the European Central Banks.  Over 500 organizations in
      27 countries are now participating in XBRL efforts.
  --  According to XBRL.us, the SEC has mandated the use of XBRL for three
      reporting applications:
      --  Public Company Reporting - all public companies must file in XBRL
          format; companies with worldwide public float greater than $5
          billion to comply first starting with period ending June 2009; all
          other large accelerated filers to comply next starting with period
          ending June 2010; all other public companies comply with period
          ending June 2011; and,
      --  Risk Return Summary portion of Mutual Fund Prospectus - mutual
          funds must begin publishing the risk return summary portion of
          their prospectuses in XBRL format starting January 1, 2011; and,
      --  Credit rating agencies - must begin reporting all ratings actions
          (initial rating, upgrades, downgrades, etc.) in XBRL format
          starting in August 2009.
  --  Oracle and UBmatrix are also working together to provide enterprise
      class storage and management for XBRL-based information in Oracle(R)
      Database 11g.  Using Oracle Database's XML DB feature, organizations
      can easily and quickly store, access and query their XBRL data.

  --  A component of Oracle Fusion Middleware, the Oracle EPM System helps
      organizations achieve management excellence by uniting
      category-leading Hyperion performance management applications,
      prebuilt business intelligence (BI) applications and BI products, into
      a complete and integrated system for managing and optimizing
      performance across business functions.

  Supporting Quotes
  --  "As a leader in financial close, consolidation and reporting, we're
      committed to helping our customers meet the required XBRL reporting
      requirements," said Bill Guilmart, vice president of EPM Product
      Management, Oracle.  "Working with UBmatrix will help accelerate our
      efforts to deliver the most robust XBRL reporting capabilities
      possible to the thousands of Oracle Applications and Hyperion
      customers."

  --  "The adoption of XBRL is a global phenomenon. Integrating UBmatrix
      Inc.'s XBRL products into Oracle's EPM System will facilitate
      integrated XBRL reporting for thousands of organizations and will
      extend Hyperion's broad footprint in the regulatory reporting market,"
      said Sunir Kapoor, President and CEO of UBmatrix and Member, XBRL US
      Board of Directors.  "This approach represents the future of how XBRL
      reporting will be done."

  Supporting Resources
  --  About Oracle Enterprise Performance Management and Business
      Intelligence
  --  Oracle EPM System Brochure
  --  Hyperion Financial Reporting - XBRL Manager Data Sheet
  --  Oracle Blog: Frank Buytendijk
  --  UBmatrix

  --  XBRL International Web Site

  About Oracle

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

About UBmatrix

UBmatrix, Inc. is the leading provider of XBRL-based information exchange solutions for global organizations and enterprises, allowing them to more efficiently and effectively address the challenges of business and financial information management, exchange, and reporting. XBRL is fast becoming the standard for financial information exchange and reporting demonstrated by the XBRL programs being driven by the SEC, FDIC, and the European Central Bank Supervisors. UBmatrix XBRL solutions increase operational efficiency and financial transparency, and ensure reporting accuracy and regulatory compliance. UBmatrix is based in Silicon Valley with development centers in Bellevue, WA, and New Delhi, India. For further information, visit www.ubmatrix.com

Trademarks

Oracle is a registered trademark of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners.

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Source: Oracle

CONTACT: Eloy Ontiveros of Oracle, +1-650-607-6458,
eloy.ontiveros@oracle.com; or Steve Levine of UBmatrix, +1-650-264-4510 ext.
1107, steve.levine@ubmatrix.com

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