Feith Systems to Integrate Enterprise Records Management to Oracle Collaboration Suite; DoD 5015.2 Capability for Electronic Records Management Announced For Collaboration Suite

Business Wire, Feb 27, 2003

Business Editors/High-Tech Writers

FORT WASHINGTON, Pa.--(BUSINESS WIRE)--Feb. 27, 2003

Feith Systems & Software, Inc., a member of the Oracle(R) PartnerNetwork, today announced an initiative to integrate Feith Document Database RMA, a DoD 5015.2 certified Records Management solution, with Oracle Collaboration Suite. This will allow companies to manage the complete lifecycle of enterprise records. Program roll out is scheduled to initiate in March 2003.

Feith RMA adds a certified records management process to the Oracle Collaboration Suite. Organizations need to properly manage the acquisition, indexing, integration, approval, distribution, and disposal of many types of records.

Nucleus Research recently examined the benefits associated with document management and found that companies reduced printing costs by a median of 75%, reduced associated postage, overnight and fax costs by 55% and reduced storage space by 40%. Benchmark participants that deployed search functionality as part of document management say that 86% had a positive effect on productivity.

Feith Systems & Software President, Don Feith says, "Oracle has the architecture in Collaboration Suite to control unstructured data at the Enterprise level. Our relationship with Oracle allows us to bring Feith's certified Records Management methodology to government and corporate organizations. Many of these organizations have the Oracle skills to manage the scalability, reliability and security required."

"Enterprise collaboration is a key business requirement," said Steve Levine, vice president, product marketing, Oracle Collaboration Suite. "We are delighted to be working with Feith on this initiative. The combination of Feith's 5015.2 Records Management and Oracle Collaboration Suite is expected to allow companies to maximize the use of paper and electronic records while reducing cost, improving business continuity and complying with regulatory processes."

About Oracle Collaboration Suite

Oracle Collaboration Suite is the first product that leverages a relational database to offer a secure, reliable and scalable way to simplify business communications and consolidate information -- reducing hardware, software and administration costs. Leveraging the Oracle9i Database and Oracle9i Application Server infrastructure, Oracle Collaboration Suite offers customers a suite of enterprise-class messaging and collaboration applications that enables organizations to reduce total cost of ownership while increasing user productivity. It provides users with access to integrated email, voicemail, calendaring, file sharing and search capabilities from popular desktop clients such as Microsoft Outlook, Web browsers and a wide range of wireless devices including PDAs and cell phones.

About Feith Records Management Application

Feith's Records Management solution, fully integrated with its base product, Feith Document Database, speeds transactions, provides higher audit accountability, and reduces costs. Feith's powerful workflow engine enables records managers to maintain control of a record's lifecycle. Decisions can be made to delete, transfer, or retain the record permanently. And Feith's audit trail functionality keeps track of the record throughout the entire process.

About Feith Systems & Software

Since 1979, Feith Systems has provided complete content management solutions. Document management using open systems has been the primary focus since 1986. Feith Document Database is designed as an out-of-the box solution that includes Records Management, Document Management, Imaging, and Workflow functionality. Feith Systems is the only 5015.2 certified solution also certified with Oracle Applications. For more information, visit http://www.feith.com/Oracle.htm