Press Release


Company Profile
Company Web Site

NetLedger and Oracle(R) Partner to Bring Big Power to Small Business

NetLedger Available for Free 30 Day Trial on Oracle.com

SAN MATEO, Calif. and REDWOOD SHORES, Calif., Oct. 30 -- NetLedger, Inc., the leading application service provider (ASP) that enables small businesses to succeed in
the new economy and Oracle Corp. (Nasdaq: ORCL - news), the largest provider of software for e-business, today announced a strategic partnership that will bring online
accounting to small businesses. As a result of this partnership, NetLedger(TM) is currently the first and the only accounting-based small business solution available as a
direct link from Oracle.com.

Effective immediately, Oracle offers access to NetLedger via its Web site at www.oracle.com to any small business striving to grow and succeed in the new economy.
Starting with Web-based accounting as a core, NetLedger turns the small business accounting system into a powerful e-business tool. This tool delivers capabilities
including expense reporting, online customer ordering, online credit card processing, and employee, customer and supplier remote access. Using this tool, small
businesses can grow their companies as fast as they want with enormous efficiency, anywhere, anytime.

``Oracle truly believes the Internet is reshaping big business, small business, all business,'' said Evan Goldberg, founder and chief executive officer of NetLedger, Inc.

``NetLedger provides small businesses with what they need most to succeed in the new economy. Partnering with Oracle attests to the credibility of our products and
services and extends NetLedger to Oracle's huge client base. More importantly, joining force with Oracle, NetLedger is leveling the playing field to bring big power to small
business.''

``NetLedger is a natural choice as the small business solution we'd offer through the Oracle.com site. It exploits the power of the Oracle 8i(TM) database for unprecedented
performance, scalability and availability for a small business accounting system. More impressive, though, is how NetLedger is living up to a vision both our companies
share, of software delivered services offered over the Internet,'' said Mark Jarvis, senior vice president and chief marketing officer, Oracle Corp. ``NetLedger offers a robust
level of service for small business that simply was not available before.''

NetLedger is built from the ground up using an open, scalable Internet architecture. NetLedger users can run NetLedger on all major browsers and operating systems, with
anytime, anywhere access. Based on the Oracle 8i database, NetLedger delivers the power, reliability and security of enterprise-level accounting and business management
solutions, combined with the ease of use of a small-business accounting and management package.

About Oracle

Oracle Corporation provides the software that powers the Internet. For more information about Oracle, please call 650-506-7000.

About NetLedger

NetLedger, Inc., the leading application service provider (ASP) that enables small businesses to succeed in the new economy, delivers the industry's first Web-based
accounting platform. NetLedger is committed to delivering seamlessly integrated business applications that combine enterprise performance and reliability with
unprecedented ease of use and low prices. The company's standard offering includes NetLedger, a full-featured, multi-user, Web-based accounting solution for small
businesses and organizations, available at $4.95 per month, per user; NetLedger Basic, a free Web-based business finance solution for small businesses and organizations;
and NetLedger Personal, a free Web-based personal finance solution for the consumer. NetLedger was founded in 1998 and is headquartered in San Mateo, Calif. NetLedger
delivers enhanced, integrated solutions to small businesses through its strategic partnerships including Yahoo! Inc., Automatic Data Processing Inc., OfficeMax,
OneCore.com, Stamps.com, New England Business Service, CyberBills, Red Gorilla, BigStep.com and Innovative Merchant Solutions. For more information about
NetLedger visit the Web site at http://www.netledger.com




 
Editorial Contact:
Reema Bahnasy
OracleMobile
415/401-4000
jmorgan@tenthdimension.com
 
top of page