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Covisint and Oracle Ink Landmark B2B Agreement

13 December 2000

Covisint and Oracle Ink Landmark B2B Agreement
          Oracle to Provide B2B Software for Covisint's Marketplace

   Covisint to Manage Internal Operations Using Oracle(R) E-Business Suite

    REDWOOD SHORES, Calif., and DETROIT, Dec. 13 (http://www.oracle.com/tellmemore/?524708) Oracle Corp. , the
largest provider of software for e-business, today announced that Covisint and
Oracle have finalized a strategic technology and licensing agreement.  Under
the terms of the agreement, Oracle will provide Covisint with the
business-to-business (B2B) software necessary to support and manage the
company's B2B activities.  Covisint will implement the Oracle(R) E-Business
Suite, Oracle Exchange Marketplace, Oracle technology platform (including the
Oracle database and application server) and Oracle Internet Developer Suite,
following Oracle's vision of building a complete B2B 'e-hub' infrastructure.
As part of the agreement, Oracle receives an equity position in Covisint, LLC.
This transaction was closed in early December and will be recognized as
revenue in Oracle's fiscal third quarter, which closes on February 28, 2001.
    Through the licensing agreement with Oracle, Covisint will have the
applications and technology necessary to provide what is expected to be the
premier B2B exchange for the automotive industry and one of the leading
exchanges on the Internet.  With today's announcement, Oracle and Covisint are
pushing the threshold of B2B commerce beyond the basic functions of auctioning
to a comprehensive framework for business to business collaboration,
transactions, communications and e-business intelligence.  Notably, the Oracle
Exchange Marketplace will provide critical functionality to Covisint's
marketplace, such as security, single sign-on capabilities, registration and
pricing.  Covisint will leverage the embedded security features of Oracle
Exchange Marketplace to ensure secure transactions and collaboration for the
entire exchange.

    Covisint Standardizes on the Oracle E-Business Suite
    In addition to implementing the Oracle Exchange Marketplace, Covisint has
licensed and standardized on the Oracle E-Business Suite to run all internal
business operations.
    "Oracle's comprehensive range of products and technology for business to
business commerce on the web will be a key asset to Covisint," said Rico
Digirolamo, acting CEO, Covisint.  "We're delighted to have Oracle as a key
partner for this exciting venture which promises to raise the bar for how
Internet commerce will be conducted."
    "Covisint is one of the leaders in shaping the future of how business will
be done on the Internet," said Sandy Sanderson, executive vice president,
Oracle Corp.  "After their extensive evaluation of the applications and
technology available, we're pleased that Covisint has chosen Oracle.  We look
forward to building on this license agreement with future opportunities for
Oracle applications and technologies at Covisint."
    The more than 55 Oracle products that Covisint will be licensing to make
this possible include:

    Oracle E-Business Suite
    Call Center
    Financials
    Human Resources
    Marketing
    Order Management
    Procurement
    Projects
    Sales
    Service

    Oracle Exchange Marketplace

    Oracle Application Server
    Oracle 9i Application Server

    Oracle Application Development Tools
    Oracle Internet Developer Suite
    Oracle Discoverer
    SQL*Plus

    Oracle Database and Options
    Oracle 8i Database
          -- Advanced Security
          -- Change Management Pack
          -- Diagnostic Management Pack
          -- Parallel Server
          -- Partitioning
          -- Spatial
          -- Oracle Internet Directory
          -- Oracle Message Broker

    Oracle e-Business Intelligence
    Oracle Express Server
    Oracle Warehouse Builder
    Oracle Data Mining

    About Covisint
    Covisint, LLC is an e-business exchange announced by DaimlerChrysler AG,
Ford and General Motors, and joined by Nissan and Renault, to meet the needs
of the automotive industry.  Covisint will provide original equipment
manufacturers (OEMs) and suppliers the ability to drive costs from their
respective supply chains and bring efficiencies to their business operations.
Covisint's temporary headquarters are located in Southfield, Michigan.  The
organization expects to establish offices in Europe and Asia.
    For more information about Covisint, go to its website at
http://www.covisint.com.

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

    Trademarks
    Oracle is a registered trademark of Oracle Corporation.  Other names may
be trademarks of their respective owners.