Sept 19 (Reuters) - Oracle Corp (NYSE:ORCL) ORCL.N :
* ORACLE CHOSEN AS TIKTOK'S SECURE CLOUD PROVIDER
* WAS CHOSEN TO BECOME TIKTOK'S SECURE CLOUD TECHNOLOGY PROVIDER
* ORACLE-TECHNICAL DECISION BY TIKTOK HEAVILY INFLUENCED BY ZOOM'S RECENT SUCCESS IN MOVING LARGE PORTION OF VIDEO CONF CAPACITY TO ORACLE PUBLIC CLOUD
* TIKTOK WILL RUN ON ORACLE CLOUD AND ORACLE WILL BECOME A MINORITY INVESTOR IN TIKTOK GLOBAL
* ORACLE WILL QUICKLY DEPLOY, RAPIDLY SCALE, AND OPERATE TIKTOK SYSTEMS IN ORACLE CLOUD
* ORACLE TO TAKE A 12.5 PERCENT STAKE IN TIKTOK GLOBAL
* 100% CONFIDENT IN ABILITY TO DELIVER HIGHLY SECURE ENVIRONMENT TO TIKTOK AND ENSURE DATA PRIVACY TO TIKTOK'S AMERICAN USERS
* ORACLE - TO COMBINE SECURE CLOUD TECH WITH CONTINUOUS CODE REVIEWS, MONITORING, AUDITING TO ASSURE THAT U.S. TIKTOK USER DATA IS PRIVATE, SECURE