Nextance Inc. announced working with Oracle to accelerate the industry’s adoption of XML databases as technology for managing the intrinsically complex mix of both structured and unstructured data within contractual agreements. The advantages that XML delivers are pronounced in Enterprise Contract Management solutions, with contracts containing a significant and untapped reservoir of unstructured language such as revenue sharing models, exclusivity rights, intellectual property ownership, fees and penalties which are essential in properly measuring the risk and reward potential of customer, supplier and partner relationships. Nextance supports Oracle XML and is participating in the Database 10g Release 2 Beta Program to prepare for the upcoming new release. http://oraclepartnernetwork.oracle.com,
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