Oracle Strengthens Leadership Position in Providing Meter Data Management Software to Utilities

Customers Select Oracle to Help Accelerate Advanced Metering Infrastructure Integration; Oracle's Momentum Recognized by Leading Analyst Firm

SAN DIEGO, Feb. 3 /PRNewswire-FirstCall/ -- DISTRIBUTECH 2009 --
News Facts

-- Oracle announced that several customers, including Modesto Irrigation District and Old Dominion Electric Cooperative recently selected Oracle® Utilities Meter Data Management to support the loading, validation, editing and estimation (VEE) of meter data. The enterprise-class application suite built on open standards is designed for high levels of automation and scalability to meet utilities' current and future needs and to help reduce ongoing IT operation and support costs.

-- Modesto Irrigation District (http://www.mid.org) (MID) generates, transmits and distributes electricity to more than 91,270 residential and about 12,700 commercial and industrial customers; markets wholesale power; provides irrigation water for agriculture; and treats drinking water for the city of Modesto, Calif. The multi-service utility plans to replace every residential and commercial electric meter in its system -- about 100,000 total -- with advanced digital smart meters over the next six months. The system will provide MID with real-time data that will allow the utility to accelerate repairs during power outages, reduce the number of miles traveled to read meters -- resulting in cleaner air and lower gasoline expense -- and implement innovative demand response programs to save energy. Oracle Utilities Meter Data Management will provide a streamlined, centralized, robust meter data management system required to support MID's SMART meter program. The Oracle solution will serve as the system of record for meter messaging, reads, validations and interfaces to key automated metering infrastructure and related systems. Oracle Utilities Meter Data Management interfaces with varying types or brands of meter, providing real-time reads and the ability to disconnect or reconnect the meter.

-- Old Dominion Electric Cooperative (http://www.odec.com) (ODEC), a wholesale electric generation and transmission (G&T) cooperative located in Glen Allen, Va., selected Oracle Utilities Meter Data Management to automate manual reporting and analysis processes. Previously, aggregating data across all the cooperative's service points was a cumbersome manual task. With Oracle Utilities Meter Data Management, ODEC will be able to automate these processes and quickly and efficiently gather accurate usage data.

-- In addition, UtiliPoint International Inc. (http://www.utilipoint.com) -- a leading utilities analyst and consultant firm -- recently reported that Oracle won seven out of 14 major meter data management customers in 2008. The report also highlighted that Oracle achieved the largest increase in vendor share from 2007 to 2008.

-- Finally, Oracle recently released Oracle Utilities Meter Data Management 1.5, which includes enhancements to help accelerate advanced metering infrastructure (AMI) integrations to ultimately lower implementation costs for utilities that are implementing smart metering programs to detect outages more quickly, drive energy efficiency initiatives and provide more accurate billing information to customers. The new release builds on Oracle's commitment to providing utilities with industry-specific applications that are pre-integrated with other Oracle product offerings. Utilities can also leverage the integrated solution to manage meter commissioning, on-demand readings and remote connects/disconnects.

Supporting Quotes

-- "The latest version of Oracle Utilities Meter Data Management continues to reinforce Oracle's commitment to enhance its meter data management solution. The new enhancements integrate closely with Oracle Fusion Middleware to provide utilities with even more flexibility as they roll out automated metering initiatives. We are also pleased that Modesto Irrigation District and Old Dominion Electric Cooperative chose Oracle to power their metering programs, which will help improve efficiency and service, while providing information for their customers to optimize energy consumption," said Quentin Grady, senior vice president and general manager, Oracle Utilities.

-- "We look forward to fully deploying SMART meters to all our customers. Oracle Utilities Meter Data Management will provide a centralized data management system to help support this initiative, and we anticipate that we will recoup our approximate $21.27 million investment in the SMART meter project in a five- to 10-year time frame. We will pass on subsequent savings to ratepayers," said Tom Kimball, assistant general manager for Transmission and Distribution, Modesto Irrigation District.

-- "With Oracle Utilities Meter Data Management, we can analyze our usage information in a way that will support our development of various member service programs with an ultimate goal of creating greater energy consumption efficiencies," said Catherine Powers, vice president of Forecasting and Member Services, Old Dominion Electric Cooperative.

About Oracle Utilities

Oracle Utilities delivers the proven software applications that help utilities achieve competitive advantage, business performance excellence and a lower total cost of technology ownership. Oracle Utilities integrates industry-specific customer care and billing, network management, work and asset management, mobile workforce management and meter data management applications with the capabilities of Oracle's industry-leading enterprise applications, business intelligence tools, middleware and database technologies. Oracle Utilities enables its customers to adapt more nimbly to market deregulation, meet ever-evolving customer demands, and deliver on commitments to environmental conservation. For more information, visit http://www.oracle.com/industries/utilities.

About Oracle

Oracle (Nasdaq: ORCL - News) is the world's largest enterprise software company. For more information about Oracle, please visit our Web site at http://www.oracle.com.

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