REDWOOD SHORES, Calif., Nov. 1 /PRNewswire-FirstCall/ -- Oracle (Nasdaq: ORCL) today announced that USA Technologies, Inc. (OTC Bulletin Board: USTT), a leading provider of wireless, cashless, micro-transactions and networking services, has selected Oracle(R) E-Business Suite Special Edition over SAP's Business One to improve integration and collaboration among its diverse business functions. Working with ThoughtDigital, an authorized reseller of the Oracle applications offering, USA Technologies made the decision to invest in Oracle to better enable it to provide global customers such as Sony Electronics, PepsiCo, Marriott Hotels and the Federal Government with accurate, timely information and the highest possible levels of service and satisfaction. (Logo: http://www.newscom.com/cgi-bin/prnh/20020718/ORCLLOGO ) Anticipating the company's continued growth, USA Technologies is working with ThoughtDigital to make the transition to Oracle E-Business Suite Special Edition. The company evaluated solutions from Oracle and SAP and chose Oracle over SAP because the Oracle solution provided a fully-integrated and scalable system that allows it to streamline business processes across accounting, customer service, sales, and engineering. "We are a midsize business growing rapidly. As we looked to migrate from our legacy system, we needed an enterprise quality solution able to automate our business process and easily scale with our needs," said Dave DeMedio, CFO, USA Technologies. "ThoughtDigital helped us chose Oracle's solution to provide our management with real-time access to business and operational indicators. This enables us to more effectively service our global customer base and more efficiently work with our suppliers and partners around the world." Improving Business Process, Insight and Customer Service Because USA Technologies offers a diversified suite of networked devices and associated wireless non-cash payment, control/access management, remote monitoring and data reporting services, as well as energy management products, the company needed a more efficient way to centralize and manage critical information required to make strategic business decisions across multiple product lines. Oracle provided USA Technologies a wholly integrated suite of applications that will help the company to monitor, control and report on the results of these distributed assets. Rapid implementation services of the Oracle offering will also help USA Technologies realize a faster return on its investment. ThoughtDigital will help USA Technologies to enhance its financial business processes with Oracle General Ledger, Oracle Accounts Payable, Oracle Orders to Cash and Oracle Purchase Orders to Receipt, all part of the Oracle E-Business Suite Special Edition offering. With these applications, USA Technologies can benefit from a complete and accurate view of financial data across departments for quicker reporting and more meaningful disclosure. In addition, Oracle Internal Controls Manager will help the company reduce corporate risks and comply with Sarbanes-Oxley regulations. About Oracle Oracle is the world's largest enterprise software company. For more information about Oracle, please visit our Web site at http://www.oracle.com . Trademarks Oracle, JD Edwards, and PeopleSoft, are registered trademarks of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners. SOURCE Oracle Corporation
Contact Information: Karen Tillman of Oracle, +1-650-245-7687, or karen.tillman@oracle.com; or TJ Snyder of Zeno Group, +1-415-369-8118, or tj.snyder@zenogroup.com, for Oracle
Hi SA... Just wondering where you stand with the MM signals thing. I know a number of the guys - alarmguy2 for one - are pretty sure that this is all BS and are pretty vocal in saying so. I DK what to think, except I am tending to side on the urban myth side... you?
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