| INPRISE CORPORATION PLANS TO CHANGE ITS NAME TO BORLAND SOFTWARE CORPORATION |
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New Name Will Leverage the Power of the Borland Brand Scotts Valley, Ca. -- November 14, 2000 - Inprise Corporation (NASDAQ: INPR) today announced that the company intends to officially change its name to Borland Software Corporation. The legal name of the company will continue to be Inprise Corporation until the name change process has been completed during the first quarter of 2001. The company is de facto referring to itself now as Borland. Once the name change is completed, the company also expects to change its Nasdaq market symbol from "INPR" to "BORL". "The Borland name has always been synonymous with superior technology," said Dale L. Fuller, president and CEO of Borland. "We recognize the influence the Borland name has on customers, and we know this decision will strengthen our identification within our target markets. The Borland name symbolizes a new start for the company, which has proven itself over the past eighteen months with two consecutive quarters of profitability. As we continue our turnaround, the name change signifies our renewed commitment to customers, stockholders, employees and analysts. Borland has always been well known for its ability to simplify complex technologies and the new name signals a return to the commitment to deliver superior technology that help speed and ease the software development lifecycle." About Borland Inprise Corporation (referred to in this press release as Borland) is a leading provider of award-winning e-business application development, deployment and management solutions and services for all major platforms, including Linux®, Solaris™ and Windows®. Founded in 1983, Borland is headquartered in Scotts Valley, California, with operations worldwide. To learn more, visit the community site or call the company at (800) 632-2864. NOTE: Borland's product names are trademarks or registered trademarks of Inprise Corporation. Other names mentioned herein may be trademarks of the party using such names. Forward-looking statements in this release, including but not limited to, those concerning Borland's future financial performance, product development plans, and the potential features of or benefits to be derived from the products developed, marketed or sold by Borland, involve a number of uncertainties and risks, and actual events or results may differ materially. Factors that could cause actual events or results to differ materially include, among others, the following: Possible disruptive effects of organizational or personnel changes by Borland, shifts in customer demand, market acceptance of new or enhanced products developed, marketed or sold by Borland, delays in scheduled product availability dates, actions or announcements by competitors, software errors, general business conditions and market growth rates in the client/server and Internet software markets, and other factors described in the reports on Forms 10-K and 10-Q filed by Inprise Corporation with the SEC. |
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