Oracle Issues Statement Regarding Litigation with HP

Oracle (NASDAQ: ORCL) issued the following statement in response to today's ruling in the ongoing litigation with HP (NYSE: HP) relating to the Intel® Itanium® platform:

"Oracle is delighted that the Superior Court of the State of California, Santa Clara County, has rejected HP's attempt to hide the truth about Itanium's certain end of life from its customers, partners and own employees. We look forward to seeing all of the facts made public that demonstrate how HP has known for years that Itanium is end of life."