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Wallace Named to Oracle Supplier Advisory Board

Press release from the issuing company

LISLE, Ill.--Feb. 24, 2003--Wallace Corporation, the leading provider of print management services, today announced that it has been chosen by Oracle Corp., the world's largest enterprise software company, as a member of its Supplier Advisory Board (SAB). Oracle's SAB furthers the company's commitment to improving supplier relationship management (SRM) processes in line with evolving business requirements. Founding members of the Oracle Supplier Advisory Board include: Boise Office Solutions, Dell Computer, Grainger, HP, Kelly Services, McCormick & Company Inc., Moore Corporation Ltd., Newark Electronics, Relief Printing, SHI, Software Plus, Software Spectrum, Staples, Toshiba, Trodat Marking Products and Wallace. The Supplier Advisory Board creates a collaborative environment where Oracle and SAB members work together to develop more effective procurement applications that include both the buyer and supplier's perspectives. The SAB uses a direct communication channel between members and Oracle's development team to map critical supplier processes and influence product direction for SRM applications -- helping ensure new capabilities solve high-priority problems that both buyers and suppliers experience. "Effective supplier relationship management requires optimization of business processes and supporting technologies," said Dave Stephens, senior director of Procurement Applications at Oracle. "The Supplier Advisory Board provides Oracle with extremely valuable input to enhance its procurement applications for increased value across the supply chain and better ROI for our customers."