Former Free and Thornton President Matthew B. Thornton Joins Oracle Corporation as Student Systems Practice Director

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Dallas, Texas — May 22, 2003— Free and Thornton, LLC – announced today that President Matthew B. “Matt” Thornton is leaving Free and Thornton to join Oracle Corporation as the new Oracle Student System Practice Director. Mr. Thornton was one of the founders of Free and Thornton, LLC and has served as the company’s President over the last three years. As a former university administrator with over six years of higher education and IT management experience, Matt will lead the Oracle team that provides critical consulting services to universities and colleges around the world.

Dallas, Texas (PRWEB) May 22, 2003— Free and Thornton, LLC – announced today that President Matthew B. “Matt” Thornton is leaving Free and Thornton to join Oracle Corporation as the new Oracle Student System Practice Director. Mr. Thornton was one of the founders of Free and Thornton, LLC and has served as the company’s President over the last three years. As a former university administrator with over six years of higher education and IT management experience, Matt will lead the Oracle team that provides critical consulting services to universities and colleges around the world.

When asked about Mr. Thornton’s move to Oracle, Vice President Jeffrey Johnson responded, “The move is bitter sweet for us. Matt is a dear friend and a true professional, and we will miss him greatly.” Mr. Johnson continued, “We are excited that he has made a choice to join a great company like Oracle.”

"This was the right move for my family and I,” says Thornton. “I love the people of Free and Thornton, and I will never forget what they have done for me over the years.”

When asked his reasons for choosing Oracle, Mr. Thornton responded, “No other technology company is better positioned in the higher education marketplace than Oracle.” He continued, “Institutions of higher learning are calling for fully integrated ERP products with cutting edge architecture which offers flexibility and innovation for a college or university’s unique business process challenges. Oracle is poised to empower higher education in ways never before seen, and I am excited to join such a premier company."

About Free and Thornton, LLC

Free and Thornton, LLC based in Dallas, Texas, is the first and only woman-owned higher education consulting organization founded and managed by former PeopleSoft Student Administration Beta and Charter school administrators. Free and Thornton’s staff of ex-university administrators who have transitioned into consultants offer specialized expertise to universities providing comprehensive student administration, financial, human resources, distance learning, and E-business solutions as well as implementing and integrating those solutions with Enterprise Resource Planning (ERP) packages and E-business software tools. Free and Thornton has more than 12 higher education clients throughout the nation, representing every type of institution from community colleges to Research 1 universities, and from public to for-profit institutions. For more information on Free and Thornton, LLC see http://www.freeandthornton.com .

Contact Information:

Jeffrey A. Johnson, Vice President/Director of Higher Education Consulting

Free and Thornton, LLC

Phone (520) 271-4389

info@freeandthornton.com

http://www.freeandthornton.com

Oracle and Oracle Student System are registered trademarks of Oracle Corp. (NASDAQ: ORCL). All other company and product names may be trademarks of their respective owners.

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Jeffrey Johnson