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c., Racotek, Inc., Transcend Services, Inc. and Tricord Systems, Incorporated. Mr Yocam, 51, has been a director of the Company and has been a member of the Finance and Audit Committee since March 1992. Mr Yocam has been an independent consultant from November 1994 to the present. Mr Yocam was President, Chief Operating Officer and a director of Tektronix, Inc. from September 1992 until November 1994. He was an independent consultant from November 1989 until September 1992. Mr Yocam was with Apple Computer, Inc. from November 1979 through November 1989, serving in a variety of executive management positions including Chief Operating Officer from August 1986 to August 1988 and President of Apple Pacific, Inc., a subsidiary of Apple Computer, Inc. , from August 1988 to November 1989. Mr Yocam is also a director of Adobe Systems, Inc. and AST Research, Inc. Mr Abrahamson, 62, has been a director of the Company since September 1992, and served as Chairman of the Board from September 1992 through May 1995. Mr Abrahamson has been a Senior Advisor at Galway Partners from June 1995 to the present. Since August 1995, he also has served as Chairman and Chief Executive Officer of BDM Air Safety Management Corporation, and Chairman and Chief Executive Officer of International Air Safety Corporation. He served as Executive Vice president for Corporate Development for Hughes Aircraft Company from October 1989 to April 1992 and President of the Transportation Sector for Hughes Aircraft Company from April 1992 to September 1992. Mr Abrahamson directed the Strategic Defense Initiative from April 1984 until he retired from the Air Force in January 1989 at the rank of Lieutenant General. Mr Abrahamson is also a director of Western Digital Corporation. Dr Boskin, 49, has been a director of the Company since May 1994. He has been a member of the Finance and Audit Committee since July 1994 and a member of the Compensation Committee since July 1995. Dr Boskin has been a professor of economics at Stanford University since 1971 and principal of Boskin amp。A ppl i ca t i ons inve st m ent s: R amp。D efforts within the MSC to increase Oracle’s visibility. Prototyping and proof of concept will be undertaken on three levels: ? Reactive to specific customer requirements ? Proactive in terms of current market needs and ponents ? Innovative, in terms of emerging needs and emerging technologies ? Comms Consulting Core Team Due to the scarcity and expense of experienced tele expertise, it is crucial to obtain the maximum leverage and utilisation from all staff. This is facilitated by implementing a small team, augmented by rotating consulting staff as they plete customer engagements, providing presales and bid support to key opportunities. Colocation with the Integration Centre supports increased synergy and flexibility to support new product and service launch, customer opportunities, as well as facilitating technology and skills transfer. ? Hardware Alliance Partners While Oracle enjoys a dominant market share in Teles with all Hardware Alliance Partners, increasing our engagement with their Teles Industry teams will not only increase their satisfaction with Oracle, but also increase the leverage we obtain from these relationships. This includes early engagement of our account teams to increase our win rate and reduce bid/support costs, identification of additional opportunities for Oracle products and services, access to demo’s and customer reference sites, and improved account control and customer satisfaction. ? ISV Alliance Partners As with the Hardware Alliance Partners, there are opportunities to increase our leverage and reduce overall costs, as well as increase their satisfaction, by more effectively engaging/managing the Asia/Pacific relationships with key Tele ISV’s. This will lead to increased market share with the partners, as well as identify additional opportunities for Oracle products and services. Working with the Director, Comms Industry Solutions amp。s code of conduct is typified by Mission and Quality Statements which focus on customer satisfaction through product quality and fitness for purpose. Financial information Condensed financial statements (in thousands, except per share data) Year Ended May 31, 1996 1995 1994 Revenues US$4,223,300 US$2,966,878 US$2,001,147 Operating ine 904,891 649,721 419,953 Net ine 603,279 441,518 283,720 Earnings per share Weighted shares outstanding 670,658 665,399 665,402 Working capital 829,501 562,045 393,511 Total assets 3,357,243 2,424,517 1,594,984 Shortterm debt 5,623 9,599 6,898 Longterm debt 897 81,721 82,845 Stockholders’ equity 1,870,449 1,211,358 740,553 174。 Section 8: About Oracle Company Profile Oracle Corporation Oracle is a $ billion pany with headquarters in Redwood Shores, California, USA. It is the world?s largest supplier of software for information management, and the world?s second largest software pany. Oracle is one of the first software panies to implement interactive television deployments and the first major software pany to make fullfeatured products available electronically on the Inter. Oracle develops and markets the Oracle8, Oracle7, Oracle Rdb and Oracle Media Server families of software products for database management。 Do c u m e n t A u t o m a t io n A p p li c a t io n s R ay L an e D er r y K ab cen el l Jeff H en l ey Oracle is publicly listed in the USA, under the NASDAQ symbol of ORCL. The pany is owned by approximately 4,000 share owners many of whom are pany employees. Oracle?s World Wide Web address is (URL) ASIA PACIFIC Oracle?s Asia Pacific Region is the fastest growing region in the wor