| More PeopleSoft Customers Speak Out
PLEASANTON, Calif.
June 23, 2003
PeopleSoft, Inc. today placed the following advertisement in leading business publications. The advertisement included the following quotes from PeopleSoft customers:
More PeopleSoft Customers Speak Out
"I don't agree with Larry Ellison. Even if the upgrade to Oracle
had been free, there would have been unpalatable implementation and
training costs resulting in no benefit."
-- Chris Alderson, Program Director, Air New Zealand
"The only thing an Oracle takeover of PeopleSoft would do is to
hurt the customers. We are both a PeopleSoft and J.D. Edwards customer
and fully support the PeopleSoft/J.D. Edwards merger. Having to
convert to Oracle would cost us millions and millions of dollars
without any benefit."
-- Dr. Bob Brobst, CIO, Alcon Labs
"Several years ago we chose PeopleSoft over Oracle based on their
dramatic lead in product quality and innovation. PeopleSoft has never
broken our trust. We would never move to an inferior Oracle product."
-- Glenn Marfell, HRMS Manager, Fujitsu America, Inc.
"We have great confidence in PeopleSoft -- their people, products
and company. From our perspective, it's business as usual."
-- Tim Monteith, CIO, Domino's Pizza
"As a customer since 1996, we've benefited from PeopleSoft's Human
Resources applications. We stand behind PeopleSoft and look forward to
a long and prosperous future with them."
-- P.K. Medappa, Group Head of HR Service Delivery, Standard
Chartered Bank
"I'm confident that we will be running on PeopleSoft for the long
term. Oracle would never be an option for us because it doesn't run on
DB/2, and no upgrade script will fix that."
-- Doug Cormany, Vice President and CIO, Spherion
"With PeopleSoft we have rich, reliable corporate applications
that meet our ongoing needs. We're glad PeopleSoft's Board of
Directors rejected Oracle's hostile attempts."
-- Steve Tanzer, General Manager University Services, University
of Southern Queensland, Australia
"Oracle's concept of a free upgrade shows their lack of
understanding of the value delivered by PeopleSoft's web based
customer service applications. Oracle's 'free upgrade' would have
amounted to a re-implementation."
-- Peter Goldrick, Managing Director, BizEd Services
"We've been a PeopleSoft customer for four years and they have
continually demonstrated their commitment to our success. They're a
partner, not just a vendor."
-- Christoph Ganswindt, CIO, Lufthansa
Our customers continue to make it clear. They want PeopleSoft to
lead. For more than 15 years, PeopleSoft has brought customers
innovative products and services, from the first global payroll system
to Pure Internet Architecture(TM) to the first solution for services
procurement. This leadership heritage will only grow stronger with the
combination of PeopleSoft and J.D. Edwards as we continue to bring new
and innovative solutions to 11,000 customers around the world. To
learn more visit www.peoplesoft.com
About PeopleSoft
PeopleSoft is the world's leading provider of application software for the real-time enterprise. PeopleSoft pure internet software enables organizations to reduce costs and increase productivity by directly connecting customers, suppliers, partners and employees to business processes on-line, in real time. PeopleSoft's integrated, best-in-class applications include Customer Relationship Management, Supply Chain Management, Human Capital Management, Financial Management and Application Integration. Today more than 5,100 organizations in 140 countries run on PeopleSoft software. For more information, visit us at www.peoplesoft.com.
Additional Information
PeopleSoft commenced an exchange offer and filed a Schedule TO and a registration statement on Form S-4 with the SEC on June 19, 2003 with respect to the proposed acquisition of J.D. Edwards and Company. Solicitations and exchanges of J.D. Edwards stock in connection with that acquisition will only be made pursuant to the Offer to Exchange and related materials filed with the SEC. Stockholders also should read PeopleSoft's Solicitation/Recommendation Statement on Schedule 14D-9 and any amendments for PeopleSoft's recommendation regarding Oracle's tender offer. Stockholders should read these documents and any amendments because they contain important information. These filings can be obtained without charge from the SEC at www.sec.gov and from PeopleSoft at www.peoplesoft.com.
Forward Looking Statements
This press release may contain forward looking statements. These statements reflect PeopleSoft's and management's current beliefs and are based on information currently available to PeopleSoft. These statements are only predictions and actual results may differ materially. For a more detailed discussion of information regarding risks that may affect PeopleSoft's operating results, please refer to PeopleSoft's most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q. Additional risks, assumptions and uncertainties relating to the proposed acquisition of J.D. Edwards and to Oracle's tender offer are set forth in PeopleSoft's most recent filings with the SEC. All forward-looking statements are qualified by these cautionary statements and are made only as of the date they are made. PeopleSoft undertakes no obligation to update or revise these forward looking statements.
PeopleSoft® and the PeopleSoft logo are registered trademarks of PeopleSoft Inc. All other company and product names may be trademarks of their respective owners.
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Contact:
PeopleSoft
Lori Varlas, 877/528-7413 (IR)
lori_varlas@peoplesoft.com
Steve Swasey, 925/694-5230 (PR)
steve_swasey@peoplesoft.com
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Source: PeopleSoft, Inc. |
