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REDWOOD SHORES, CA -- (Marketwire) -- 10/15/12 -- Oracle (NASDAQ: ORCL)

News Facts

•Amonix, a recognized leader in designing and manufacturing concentrated photovoltaic (CPV) solar power systems, has implemented the Oracle E-Business Suite 12.1 as the foundation of its expanding multinational business. •Operating in the growing and highly competitive market for renewable energy solutions, Amonix needed to streamline its supply chain and financial processes so that it could adapt quickly to market pressures and respond to customers with varying needs and expectations. •By replacing its Epicor ERP system with the Oracle E-Business Suite 12.1, Amonix is able to leverage a flexible, scalable and cost-effective platform designed to eliminate inefficient system customizations, increase visibility into its supply chain and improve the accuracy of financial reporting. •With Oracle E-Business Suite Supply Chain Management modules, including Oracle Order Management and Oracle Inventory Management, Amonix is able to automate fulfillment processes and gain real-time visibility into inventory transactions that involve thousands of complex components. •As a CPV solar power system manufacturer, Amonix has an extremely complex supply chain and operates using complex processes. With the Oracle E-Business Suite 12.1, the company is able to perform quick and clean inventory reconciliation. •In addition, by utilizing Oracle Advanced Supply Chain Planning and Oracle Procurement, Amonix can reduce supply chain costs and rapidly respond to fluctuating prices in the solar market by leveraging advanced monitoring capabilities to increase transparency across its organization. •To further optimize financial operations and standardize internal controls, Amonix is using Oracle E-Business Suite Financials, including Oracle General Ledger, Oracle Payables, Oracle Receivables, Cash Management and Oracle Financial Analytics, to improve financial reporting accuracy and ensure compliance with international regulations. •Amonix implemented 18 modules of the Oracle E-Business Suite 12.1 in just ten weeks. Working with Wipro, a Diamond level member in Oracle PartnerNetwork (OPN), the Oracle E-Business Suite 12.1 was implemented out of the box with zero customizations, which helped expedite the deployment and enabled Amonix to quickly begin receiving benefits from the new ERP system.