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REDWOOD SHORES, CA -- (Marketwired) -- 05/22/14 -- Oracle (NYSE: ORCL)

News Summary
Oracle Corp. has been approved to deliver a sophisticated new type of highly secure managed cloud services to federal customers that will help them rapidly and confidently comply with "Federal Cloud First" initiatives.

Three federal agencies -- the Department of Defense, Department of Homeland Security, and General Services Administration -- plus an outside company participated in the rigorous review of solutions from technology vendors. Having met those stringent requirements, Oracle's Managed Cloud Services was granted a provisional authority to operate under the Federal Risk and Authorization Management Program, or FedRAMP.

This new status makes Oracle Managed Cloud Services the first private-cloud services provider to be given authority to offer federal customers a Platform as a Service (PaaS) offering using a hybrid-cloud environment encompassing both private cloud and community cloud.

Because Oracle's advanced cloud-computing technology allows it to offer a single-tenant model dedicated to U.S. government customers, and because Oracle Managed Cloud Services has earned the FedRAMP authorization, those departments and agencies can rapidly transition to a managed private government cloud.

"Oracle is committed to protecting the information assets and sensitive data of our U.S. Government customers," said Gail Coury, Vice President of Risk Management for Oracle Managed Cloud Services. "Our FedRAMP provisional authorization exemplifies our continuing commitment to helping our U.S. Government customers satisfy their security requirements."

In that context, the FedRAMP provisional authorization becomes "a critical milestone in Oracle's efforts to implement and deploy secure private-cloud environments to our U.S. Government customers and partners," said Rick Cirigliano, Vice President of Public Sector for Oracle Managed Cloud Services. "This provisional authorization adds a great deal of leverage to agencies in their efforts to comply with Federal Cloud First and Shared First initiatives."

Oracle Managed Cloud Services gives its U.S. Government customers access to a full range of services for both software and hardware, including infrastructure, platform, and Oracle applications as well as certain approved third-party applications. These managed services include applications such as ERP, CRM and HCM; hardware and facilities setup/configuration; application management, testing, monitoring, and patching; as well as incident management and problem resolution, technical and functional service desk, point upgrades, security, and disaster recovery.

FedRAMP is a government-wide program that provides a standardized approach to security assessment, authorization, and continuous monitoring for cloud products and services. FedRAMP uses a "do once, use many" approach to security assessments, thereby saving time and cost while providing full security transparency.

FedRAMP's primary governance group consists of the CIO's of the Departments of Defense and Homeland Security and the GSA.More information about the FedRAMP program can be found at http://cloud.cio.gov/fedramp.

About Oracle Managed Cloud Services
With Oracle Managed Cloud Services, you can leverage Oracle's years of experience to manage your applications in the cloud so that you're able to drive innovation and re-direct your valuable resources to those projects that add even greater value to your organization. Oracle Managed Cloud Services provides more value to your software investments, more choice to deploy your applications in the cloud, and more confidence that your applications are maintained and run by qualified Oracle experts.

Details of Oracle Managed Cloud Services for Federal Customers

Oracle Managed Cloud Services for its U.S. Government customers has been granted a Provisional Authority to Operate (P-ATO) by the Joint Authorization Board (JAB) under the Federal Risk and Authorization Management Program (FedRAMP). A JAB P-ATO provides a government-wide view for security and stringent review by the JAB Technical Representatives (TRs) from the U.S. Department of Defense, the U.S. Department of Homeland Security, and the U.S. General Services Administration. The rigorous review of our environment by an accredited third party organization (3PAO), at the FedRAMP "moderate" baseline level, for a Platform as a Service (PaaS) offering using a Hybrid (Community and Private).

About Oracle
Oracle engineers hardware and software to work together in the cloud and in your data center. For more information about Oracle (NYSE: ORCL), visit www.oracle.com.

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