REDWOOD SHORES, Calif. (Map) -

    REDWOOD SHORES, Calif., May 12 /PRNewswire-FirstCall/ --
    -- Gulf Oil, a wholesale fuel distributor with more than 2,400 Gulf
       branded retail centers, has selected Oracle Financials, part of the
       Oracle(R) E-Business Suite, and Oracle Project Costing.
    -- The Oracle Applications will support Gulf Oil's corporate growth
       strategy as the company repositions itself in the marketplace, adds new
       Gulf Express convenience store locations and partners with distributors
       to provide wholesale marketing, finance and operational development.
    -- Gulf Oil will use Oracle Financials to help streamline and improve
       financial reporting while also providing a platform for growth across
       its diverse businesses.  The company expects to close month-end reports
       faster and gain more precise insight to results and synergies across
       its core businesses.
    -- Oracle Project Costing will help Gulf Oil integrate cost management for
       all projects and activities across the enterprise and provide line
       managers with timely, detailed information to monitor project
       performance.
    -- Gulf Oil also uses Oracle infrastructure software, including Oracle
       Database and Oracle Fusion Middleware.
    -- Gulf Oil is one of the Northeast's largest wholesalers of refined
       petroleum products.  Gulf distributes motor fuels through a network of
       more than 2,400 Gulf branded gasoline retail centers, 12 proprietary
       oil terminals and a network of more than 50 other supply terminals.
       The company also supplies petroleum products, risk management and
       financial services to industrial, commercial and independent retail
       firms.
    -- Gulf Oil has grown rapidly since 2005 when the company spearheaded new
       initiatives to change the image of Gulf, rebrand retail locations and
       enhance service offerings to dealers.
    -- The company selected Oracle after a comprehensive evaluation of
       competing solutions because the Oracle applications best met the
       company's requirements for a scalable platform and functionality that
       would readily support all facets of its business.
    Supporting Quotes
    -- "Oracle Applications will help Gulf Oil manage synergies across their
       business.  We look forward to working with them and appreciate the
       opportunity to help them implement systems that will help streamline
       financial reporting as well as provide a clear view of results and
       opportunities across the business," said Matt Renner, Group Vice
       President, Oracle.
    Supporting Resources
    Oracle E-Business Suite:
    http://www.oracle.com/applications/e-business-suite.html
    Oracle E-Business Suite Financials:
    http://www.oracle.com/applications/financials/intro.html
    Oracle Project Costing:
    http://www.oracle.com/applications/projects/costing.html
    Cumberland Farms Selects Oracle E-Business Suite:
    http://www.oracle.com/corporate/press/2006_nov/cfarms2.html

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