Oracle Embeds COBIT 4.0 with Oracle(R) Internal Controls Manager to Deliver Out-of-the-Box IT Controls

July 24, 2006

[From Oracle Corp.]

REDWOOD SHORES, Calif. 24-JUL-2006 Oracle today announced that it will bundle, at no additional cost, the Control Objectives for Information and Related Technology (COBIT) 4.0 framework with Oracle(r) Internal Controls Manager, a compliance management tool used to document, test and certify internal controls and monitor ongoing compliance. Oracle plans to provide customers with a single application that manages compliance control requirements for Information Technology (IT). The packaged offering of Oracle Internal Controls Manager with COBIT, the IT governance public domain framework and the most widely adopted standard for IT controls and auditability under the Sarbanes-Oxley Act, extends Oracle's compliance offerings by delivering a comprehensive compliance management control set-up and IT administration framework.

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