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CTE to embed Oracle fusion middleware in its integrated Human Capital Management solutions:

CAMBRIDGE, Mass. - July 14, 2005 — Cambridge Technology Enterprises (CTE), is a system integrator focusing on building and integrating business applications for broad transformation needs of medium and large enterprises in the energy & utilities, life-sciences & healthcare sectors and an active member within the Oracle® PartnerNetwork, today announced its plans to use Oracle Fusion Middleware in its integrated human capital management solutions and other applications services.

CTE’s human capital management solutions is based on its Workforce Supply Chain Management (WSCM) concept which integrates HRIS with best of breed point talent management applications and existing business applications that interface with these systems, in an organization to present an integrated view into it's human resource management. CTE’s WSCM uses the SOA architecture concepts to implement the integrated solution.

As part of this solution offering, CTE would use the Oracle® Fusion Middleware in its offerings as it will enable savings in time in building integration points between various technologies and concentrate more on solving client’s business problems and help in develop repeatable solution framework that can be leveraged across the client-base.

Our HCM offerings use best of the breed technology solutions and standards based architecture for integrating these solutions. Our decision to use Oracle Fusion Middle ware for these solutions is backed by the fact that it is one of the best offerings available for SOA implementation.” said, Bhaskar Panigrahi, CEO, Cambridge Technology Enterprises.

He further stated, “Together Oracle and CTE will provide the customers an integrated workforce supply chain management solution that will help our customers to deploy the right person for the right job at the right time at the right cost

CTE provides standards based solution offerings to customers that can be more easily integrated into an existing IT environment, minimizing costly integration obstacles and accelerating time-to-value for new initiatives. CTE estimates that using this approach and coupling the workforce supply chain concepts, it could bring down the proportion of integration costs for its customers from current level of 70% to about 30% of the total solutions cost.

About the Oracle PartnerNetwork
The Oracle PartnerNetwork is a global business network of more than 12,000 companies who deliver innovative enterprise software solutions based on Oracle software. Through access to Oracle's premier products, education, technical services, marketing and sales support, the Oracle PartnerNetwork provides partners with the resources they need to be successful in today's Internet economy. Oracle partners are able to offer customers leading-edge solutions backed by Oracle's position as the world's largest enterprise software company.

About Oracle® Fusion Middleware
The Oracle Fusion Middleware brand encompasses a range of standards based, range of proven middleware products that help organizations achieve greater agility, make better-informed business decisions and more easily integrate data and processes across disparate IT systems – technologies from Oracle as well as other vendors. The products enhance IT and partner development productivity with a wide range of development tools for technologies from Java and PHP to Web services orchestration and the BPEL (Business Process Execution Language) standard.

The Oracle Fusion Middleware brand consolidates the company’s industry-leading middleware offerings: Oracle Application Server 10g, related Oracle Application Server products and options, Oracle Data Hubs and Oracle Collaboration Suite into one family of infrastructure software.

For more information about Oracle® Fusion Middleware visit www.oracle.com/middleware.

About Cambridge Technology Enterprises Inc.
Cambridge Technology Enterprises (CTE), a CMMI Level-5 next-generation business lifecycle solutions provider, has a focus on building and integrating business applications. CTE’s core competency lies in its collaborative delivery model, a solution delivery approach that aligns business, technical, and user stakeholders; includes partner technologies and services as necessary; and delivers end-to-end solutions on a fixed price and fixed time frame basis.

CTE’s business model is based on a global delivery model foundation, which stays close to the customer and yet optimizes the value of the solution offered.

For more information, please visit www.ctepl.com, or e-mail us at info@ctepl.com.

Trademarks
CTE and its product names are trademarks of Cambridge Technology Enterprises, Inc.

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