ORACLEMOBILE AND OANDA LAUNCH FIRST WIRELESS CURRENCY CONVERSION SERVICE

OANDA's FXConverter™ Allows Web-Enabled Devices to Convert Up to 164 Currencies in Seconds

NEW YORK, June 8, 2000 -OANDA, the Internet's leading provider of currency localization tools, information and transaction services, today announced that it has launched a new, wireless currency conversion service with OracleMobile, a subsidiary of Oracle Corp. focused on the wireless Internet industry. This new service is available on web-enabled phones, pagers, Palms and other wireless personal digital assistants through OracleMobile's wireless portal at http://www.oraclemobile.com/. With OANDA's FXConverter™, customers of OracleMobile can now convert up to 164 international currencies in seconds from the convenience of their Web-enabled mobile device via the OracleMobile™ portal. Whether traveling for business or pleasure anywhere in the world, local currency rates are only a few clicks away on a mobile device.

"We are happy to work with Oanda to provide wireless currency conversion to the millions of wireless devices available today," said Denise Lahey, CEO of OracleMobile. "Now, in addition to other wireless travel services like flight status, weather, word translation and yellow pages lookup, OracleMobile members can always have accurate conversion rates at their fingertips."

"People are traveling internationally in record numbers both for business and leisure. With the partnership between OracleMobile and Oanda, travelers no longer need to rely on archaic methods of conversion. OracleMobile members can now access more than 160, up-to-the-minute, currency rates with the push of a button," said Tim Kelly, president and CEO of OANDA.

OANDA's FXConverter™ allows OracleMobile users to view a simple, up-to-date currency conversion for 164 currencies, in seven different languages. With the addition of this service, OracleMobile is the first wireless service to provide their users with leading-edge currency conversion. Other OracleMobile wireless services include restaurant reviews and reservations, take-out and delivery, driving directions, flight status updates, stock price alerts, shopping, city events and more. For a complete list of services visit www.oraclemobile.com.

OracleMobile uniquely combines the best of the Internet into powerful mobile lifestyle services that link together various activities into one simple action. OracleMobile's complete services include short messaging, restaurant reviews and reservations, driving directions, flight status updates, stock price alerts, shopping, auctions, city events and more. These services, which are free of charge, are designed for any web-enabled device, including web-phones, pagers, Palms and other wireless personal digital assistants.

About OANDA
Established in late 1996, OANDA is a leading developer of currency conversion and localization applications for owners of e-commerce web sites, the travel industry and the financial community. With over 12,000 customers using its applications and currency information and 20 million page views a month on its web network, OANDA is committed to making essential currency information easily accessible to anyone including currency investors and traders, professionals in corporate procurement, business and private individuals who buy and sell globally, or the peripatetic road warrior. Actively providing currency conversion services for the Internet users of Concierge.com, Swissair, Trip.com, AOL.com, Alta Vista, CNNfn.com, among others, OANDA has won wide acclaim as the best source for international currency exchange rates. For more information, please visit the company's web site at www.oanda.com.

# # #

Trademarks
Oracle is a registered trademark and OracleMobile is a trademark or registered trademark of Oracle Corporation. Other names may be trademarks of their respective owners.