We are already halfway through the development process of Oracle Fusion Applications, and we remain on track for the 2008 target delivery.

We're betting he's the next CEO of Oracle so you better get to know him if you don't already,

We have engaged our customer base in the Fusion development process, and feel confident that 80 percent of our customers will be able to upgrade to Oracle Fusion applications and can plan to find functionality they had in earlier application versions, as well as new features coming from other applications.

There's a path to Fusion applications. But you need to take that step.

We had a stellar first year of development, and we're excited about how many applications are already in-house this year undergoing feasibility studies.

The combination of Siebel applications with the development capacity of Oracle to enhance our CRM product set assures our customers continuing success. This is a very beneficial business combination that will allow us to be even more effective in delivering high quality, leading edge solutions into the hands of satisfied customers.