Oracle Plans to Build New Global Information Technology Facility

May 19, 2008

[From PR Newswire]

REDWOOD SHORES, Calif., May 19 /PRNewswire-FirstCall/ -- To meet the needs of its growing customer base, Oracle Corporation (Nasdaq: ORCL) today announced plans to build a new Global Information Technology facility in West Jordan, Utah.

Oracle anticipates breaking ground on the 200,000 square foot facility during the summer of 2008 and the company expects to begin operations in early 2010. The new facility represents a $285 million dollar initial capital investment by Oracle.

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