Oracle Appoints Redington As National Value Added Distributor in India

Expands Availability of Oracle Applications & Technology to Midsize Companies Across India

India, Delhi – August 25, 2009

News Facts

· Redington India Limited (Redington), one of India’s largest distributors of IT products, is a recent addition to the Oracle®s PartnerNetwork in India.

· Oracle has appointed Redington as its National Value Added Distributor (VAD) to market, sell and implement Oracle Applications and Technology products through its reseller network, spread across multiple cities throughout India.

· In the first phase, Redington will engage 300 resellers from Jaipur, Bhopal, Indore, Lucknow, Baroda, Surat, Nasik, Kolhapur, Cochin, Ranchi, Dehradun to serve customers in industries like auto ancillaries, chemicals, consumer goods, engineering & construction, non-banking financial services, industrial manufacturing, pharma, media & entertainment, professional services including IT/ITES, real estate, retail, travel & transportation including logistics, gems & jewellery among others.

· As part of the agreement, Redington will market the Oracle® E-Business Suite, the most comprehensive suite of integrated, global business applications, Oracle® Database and Oracle Database Options as well as Oracle® Fusion Middleware, the world’s #1 middleware product suite.

· In addition, Redington’s resellers will gain access to resources and tools within the Oracle’s online resource pool from Oracle PartnerNetwork.

· Oracle works with more than 500 partners in India, including system integrators, value added resellers, independent software vendors and platform providers.

Details

· Through this agreement and to address midsize customer demands for affordable and quick-to-deploy software applications, Redington’s resellers will be able to provide customers with Oracle Database, Oracle Accelerate for Midsize companies and Oracle Fusion Middleware solutions that are affordable, scalable and easy to deploy.

· Solutions running on the Oracle Database platform are also easy to use and administer. The self-managing capabilities of Oracle technology enable companies to minimize personnel expenses, which in turn helps lower the Total Cost of Ownership.

· Oracle Accelerate for midsize companies combines Oracle Applications and Business Accelerators with industry- and geography-specific deployment expertise to solve business problems in highly targeted and rapidly deployable packages. Oracle Business Accelerators are rapid implementation tools, templates and industry- and geography-specific leading practice process flows provided by Oracle to partners to dramatically reduce implementation time, complexity, cost and risk

· Oracle Accelerate solutions, which are pre-packaged bundles developed by partners from the Oracle PartnerNetwork, combine Oracle Applications and partner knowledge of specific industries to deliver rapid, fixed cost implementations.

· In India, some of these partners include New Generation Consultants, Chain-sys India Pvt. Ltd, KPIT Cummins, OSI Consulting, Filix Consulting, Bluestar Infotech, Sonata Software, Ledger Solution, Systime, Metalogic Consulting, Conacent Consulting, Systems Plus and Dakshah Consulting.

· Oracle Fusion Middleware will enable enterprises, including midsize companies, to create and run agile and intelligent business applications. In addition, they will maximize IT efficiency by exploiting modern hardware and software architectures.

Supporting Quotes

· “We are excited to work closely with Oracle. As one of the largest IT distributors in India, we look for new opportunities to facilitate growth among our resellers and with Oracle, we are able to open new doors of opportunity”, said R. Sasikanth, Strategic Business Unit Head – Enterprise SBU, Redington India Limited. “Oracle’s diverse product portfolio and special offerings for mid-sized business will be valuable for several customers based in India’s tier 2 and tier 3 cities.”

· “The enrollment of Redington demonstrates our commitment to our partners. They contribute more than 80% to our business and we work together to identify new business opportunities,” said Cherian Varghese, Director, Alliances & Channels, Oracle India. “With Redington, we will be able to reach out to many more midsize companies located in India and offer them low-cost and easy-to-deploy IT solutions.”

Oracle Innovation Showcase

For more than 32 years, Oracle has been a technology innovator, transforming the way business is conducted. To learn about Oracle’s latest technologies, visit the Innovation Showcase during the 100 days before Oracle OpenWorld. See oracle.com/innovation for more information.

About Oracle India

Oracle entered India in 1987 and set up an India Development Centre in 1994. Today, Oracle has two India Development Centres as well as Indian hubs for Oracle’s global support, consulting and financial services operations. Through its extensive network of more than 500 channel and alliance partners under the Oracle PartnerNetwork, Oracle India markets the complete range of Oracle products and services across India. Oracle India has more than 7000 customers in the telecommunications, banking, insurance, manufacturing and utilities industries, across the government and private sector. Oracle India is a major partner for E-Governance initiatives of Central and State Government bodies in India. The Oracle-HP E-Governance Centre of Excellence, Oracle Asia R & D Centre and Partner Solution Center are located at Oracle India’s head office in Gurgaon, near New Delhi. Oracle’s Retail Centre of Excellence is located in Bangalore.

About Redington India

Commencing the Indian operations in 1993, Redington India Ltd has successfully positioned itself as a focused distribution player with a significant reach across India, Middle East and Africa. RIL has demonstrated capabilities in these price sensitive difficult to penetrate geographies by leveraging their risk management capability, effective Supply Chain Infrastructure Management and efficient utilization of the Management Information Systems.

Within a short span of 15 years the Company has successfully transformed itself from a pure IT products distribution firm with traditional cash and carry model to a leading integrated Supply Chain Solution Provider that includes non IT products and involves the management of inventory of greater than 6000 SKU’s (stocking units) while transacting business with over 21,200 channel partners. The consolidated turnover of the company for the financial year 2008-2009 stands at Rs. 126682 million million (over USD $2.5 billion).

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Contact Info

Vandana Shenoy

Oracle India

+91.124.4328156

vandana.shenoy {at} oracle(.)com

Satyajit Borah

Rediffusion – Y&R PR for Oracle

+91.9899392940

niraj.sharma {at} rediffusionyr(.)com