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AEROChain(TM), the World's First Regional Aviation Marketplace, to Use Oracle E-Business Suite

REDWOOD SHORES, Calif., Aug. 27 -- Oracle in Brazil recently announced plans to develop AEROChain(TM), a marketplace from Embraer, the world's fourth largest commercial aircraft manufacturer, and ATR, the largest aircraft manufacturer of 40 to 70 seat turboprops. AEROChain(TM) will serve the spare parts and maintenance service needs of customers and suppliers to both companies and focus on inventory planning and maintenance collaboration across the supply chain. By allowing visibility up and down the supply chain, AEROChain(TM) is expected to increase efficiency and reduce costs for all participants in a market where procurement expenditures exceed U.S.$ 1.2 billion per year. AEROChain(TM) expects core functionality to be available to customers and trading partners in the near future.
 
Through AEROChain(TM), Embraer and ATR expect to gain an increased understanding of the performance of aircraft sold and to have more accurate tracking of fuel consumption, aircraft maintenance and durability. The access and visibility that Embraer and ATR will have to inventory levels and spare parts information will allow them to more rapidly and accurately develop detailed maintenance plans for their customers. By understanding in real-time, the parts and services which are most in demand, and where they are needed, Embraer and ATR will be able to deliver unparalleled customer service levels.
 
Embraer and ATR chose Oracle to power AEROChain(TM) because Oracle is the only software vendor that can provide a complete, integrated suite of 100% Internet-enabled applications. The Oracle products on which AEROChain(TM) will rely, include Marketplace Exchange, Supply Chain Exchange, Supply Chain Planning Applications, Financials and CRM Applications. ``Oracle's knowledge about the aviation industry was critical in Embraer and ATR's decision. We managed to match our products' functionality to the customer's needs,'' said Luiz Meisler, managing director for Oracle in Brazil and vice president for Oracle in Latin America.
 
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