[2] News from Finkelstein & Krinsk.

SAN DIEGO--(BUSINESS WIRE)--Nov. 30, 1999--

FINKELSTEIN & KRINSK CHARGE PERVASIVE SOFTWARE INC. WITH HARMING

INSTITUTIONAL AND OTHER INVESTORS DURING CLASS PERIOD BETWEEN

APRIL 15, 1999 AND OCTOBER 21, 1999

Pervasive Software Inc. (NASDAQ:PVSW) is accused in a class action lawsuit filed by Finkelstein & Krinsk of violating the federal securities laws by misrepresenting the Company's true business condition, demand for its products and the Company's ability to continue to achieve profitable growth in order to inflate the price of the Company's stock.

According to the Complaint, the Company and its controlling insiders issued a series of false and misleading statements to the market regarding, amongst other things, the Company's Tango product and expected Tango business, while omitting to disclose known adverse facts about the Company's long term growth and potential market for the product. A number of the Company's insider's took advantage of the inflated price of Pervasive stock to sell large amounts of stock, reaping more than $11 million dollars in proceeds from their insider sales.

Defendants' statements were false and caused Pervasive stock to trade at artificially inflated levels during the Class Period (April 15, 1999 - October 21, 1999). When the truth about defendants' misrepresentations became known to investors, the price of Pervasive shares dropped dramatically from Class Period prices as high as $38 per share to $12 per share on October 22, 1999, as the market digested the adverse revelations.

Finkelstein & Krinsk, the prominent San Diego law firm specializing in class action recoveries for institutional and other substantial investors has been retained by Pervasive Software shareholders to recover losses for the Class Period. The Complaint particularizes plaintiff's allegations of how the Company's management violated the Securities Exchange Act of 1934, and specifies the Company's false statements and omitted material facts. The Complaint has been filed in United States District Court for the Western District of Texas and represents a class comprised of all individual and institutional investors for the pertinent time period.

Finkelstein & Krinsk has extensive experience in prosecuting stockholder litigation and investor class actions and is recognized as a leader in the field of shareholder recovery of stock losses. If you purchased or acquired a significant amount of Pervasive Software stock during the Class Period, you can join in the action on favorable terms without cost or expense to you by contacting Finkelstein & Krinsk. Members of the Class who wish to actively participate must act by not later than January 3, 2000.

For any inquiries or to discuss this lawsuit and alternatives, contact: Jeffrey R. Krinsk at Finkelstein & Krinsk, the Koll Center, 501 West Broadway, Suite 1250, San Diego, CA 92101 by calling toll free 877-493-5366 or E-Mail - [e-mail]. Or fax [phone].