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BMC
Software Completes Acquisition of Identify
-
Delivers Unprecedented Transaction Management Capabilities
- Enhances
Market-Leading Business Service Management Strategy
HOUSTON - (May 10, 2006) -
BMC Software, Inc. today announced that it has completed the
acquisition of Identify Software Ltd, a leading global
provider of
application problem resolution (APR) software.
“Businesses
today depend on an array of underpinning applications for the delivery
of
mission-critical products and services,” said Dan Barnea,
senior vice president,
strategy and corporate development, BMC
Software. “These applications are part of an
interdependent network of IT resources that represent many potential
points of
failure and associated business risk. Identify’s
state-of-the-art application
problem resolution technology provides customers with dramatic new
transaction
management capabilities that dramatically accelerate
problem resolution processes across the application
lifecycle.”
The global leader
in application problem resolution software, Identify’s
AppSight Application
Problem Resolution System leverages patented Black Box technology
solutions that
enable hundreds of enterprises and software vendors to increase the
speed of application
delivery, increase application quality, performance, and availability,
and reduce
application support costs.
About BMC Software
BMC Software [NYSE: BMC] is a leading provider of enterprise management
solutions that empower companies to manage IT from a business
perspective. Delivering Business Service Management, BMC Software
solutions span enterprise systems, applications, database and service
management. Founded in 1980, BMC Software has offices worldwide and
fiscal 2005 revenues of more than $1.46 billion. For more information,
visit www.bmc.com.
This press release contains forward-looking statements that involve
risks and uncertainties concerning BMC Software's acquisition of
Identify Software Ltd., BMC Software's expected financial performance
(including without limitation as described in the quotations from
management in this press release), as well as BMC Software's strategic
and operational plans. Actual events or results may differ materially
from those described in this press release due to a number of risks and
uncertainties. Potential risks and uncertainties regarding the
acquisition include, among others, the conditions to closing the
acquisition such as regulatory approvals and the acceptance of
BMC’s offer by Identify’s shareholders, the
reaction of
customers of BMC Software and Identify to the transaction and BMC
Software's ability to successfully integrate Identify's operations and
employees. More information about potential factors that could affect
BMC Software's business and financial results is included in BMC
Software's Annual Report on Form 10-K for the fiscal year ended March
31, 2005 which is on file with the Securities and Exchange Commission
(the "SEC") and available at the SEC's website at www.sec.gov.
Editorial Contact:
Mark
Stouse
BMC Software
713.918.2714
832.715.0234
Investor
Contact:
Derrick
Vializ
BMC Software
832.367.3430 |
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