BEIJING, April 30, 2011 - Gilt has become a synonym for luxury e-commerce in the US and across Europe by building out portals based on their invitation-only + discount + luxury brands formula. Now, the luxury e-commerce wave is sweeping across China. Research shows that the web has become the luxury product buyer's second-most commonly visited locale for learning about luxury products, after bricks and mortar stores. More and more companies are taking advantage of the Gilt business formula to expand into the sector, which has witnessed increasing venture capital inflows.

Cloud Platform to Power Oracle Health Sciences Cloud Applications Redwood Shores, Calif. – April 29, 2011

Redwood Shores, California – April 29, 2011 News Facts Acuatico Air Indonesia (www.acuatico.co.id/) , a subsidiary of Acuatico Group (www.acuatico.co.id/) and one of the major players in water distribution in the southeast Asian region, selected Oracle Utilities Customer Care and Billing (www.oracle.com/us/industries/utilities/046909.html) and Oracle Utilities Business Intelligence (www.oracle.com/us/industries/utilities/046918.html) to meet its requirements for billing, campaign management and customer relationship management for water distribution operations in Indonesia.