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Oracle Acquires MetaSolv

6:59 pm   -   October 23rd, 2006

MetaSolv, Inc. (NASDAQ: MSLV), a global leader in service fulfillment operations support system (OSS) solutions for next-generation communications service providers, has announced that Oracle Corporation (NASDAQ: ORCL) has agreed to acquire MetaSolv through a cash merger for $4.10 per share, or approximately $219.2 million. The agreement is subject to stockholder and regulatory approval and is expected to close in late 2006 or early 2007.

MetaSolv offers communications service providers a comprehensive product set for OSS service fulfillment - including provisioning, network inventory and activation. MetaSolv’s standards-based solutions support all types of services including next-generation IMS, VoIP, IPTV, IP VPN, broadband and mobile services, as well as traditional voice and data services.

“This is an exciting chapter in our business’ evolution for MetaSolv customers, partners, stockholders, and employees, “said T. Curtis Holmes Jr., MetaSolv’s President and Chief Executive Officer. “The natural synergies between Oracle’s and MetaSolv’s premier product suites, coupled with Oracle’s extensive research and development capacity, will enable us to further enhance our products and ensure our customers’ continued success. We believe it will be a very beneficial business combination that will drive service delivery innovation and leadership in the industry.”

“By adding a leading OSS application suite, Oracle plans to offer a fully integrated, end-to-end productized solution that will help service providers streamline the €˜campaign to cash’ process, optimize asset lifecycles, and accelerate time-to-market of new products and services,” said Bhaskar Gorti, Oracle Senior Vice President and General Manager of the Communications Global Business Unit. “Conventional, customized solutions have proven inefficient, inflexible and costly. Oracle is putting service providers in control to simplify their infrastructure, deliver more services faster, and drive brand loyalty.”

After the closing of the transaction, MetaSolv’s employees will join Oracle’s Communications Global Business Unit. Raymond James & Associates, Inc. acted as financial advisor to MetaSolv, and Vinson & Elkins L.L.P. acted as MetaSolv’s legal counsel.

The proposed merger will be submitted to the Company’s stockholders for their consideration and the Company will file with the SEC a proxy statement to be used by the Company to solicit the approval of the proposed merger by its stockholders, as well as other relevant documents concerning the proposed merger. You are urged to read the proxy statement regarding the proposed merger when it becomes available and any other relevant documents filed with the SEC, as well as any amendments or supplements to those documents, because they will contain important information. You will be able to obtain a free copy of the proxy statement, as well as other filings containing information about the Company at the SEC’s Internet Site (http://www.sec.gov). Copies of the proxy statement can also be obtained without charge, by directing a request to: MetaSolv Investor Relations, 5556 Tennyson Parkway, Plano, Texas 75024, or by telephone (972) 403-8300.

The Company and its directors and executive officers may be deemed to be participants in the solicitation of proxies from the stockholders of the Company in connection with the proposed merger. Additional information regarding the interests of those participants may be obtained by reading the Company’s definitive proxy statement dated April 10, 2006 in connection with the Company’s annual meeting of stockholders held on May 9, 2006 and by reading the proxy statement regarding the proposed merger when it becomes available.

About MetaSolv
MetaSolv, Inc. (Nasdaq: MSLV) is a global leader in comprehensive operations support system solutions for next-generation communications service providers. MetaSolv automates the order-to-activate provisioning process for traditional and next-generation IP-based wireline and mobile service providers. MetaSolv’s multi-service, multi-technology capabilities include order management, inventory management, service activation, configuration management and network mediation. More than 170 global service providers €“ including Brasil Telecom, BT, Cable & Wireless, O2, Singtel, Telstra, T-Mobile, UPC, Verizon Dominicana, and Vodafone €“ use MetaSolv’s solutions to achieve increased revenues, reduced costs, and enhanced customer service. MetaSolv is a global company, headquartered in Plano, Texas. Visit www.metasolv.com for more information.

About Oracle
Oracle (NASDAQ: ORCL) is the world’s largest enterprise software company. For more information about Oracle visit Oracle’s Web site at http://www.oracle.com.

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