BMC Software Completes Acquisition of New Dimension Software.

HOUSTON--(BUSINESS WIRE)--April 14, 1999--

Company Completes Second Major Acquisition in Two Weeks;

Prepares for Kickoff of Fiscal 2000

Two weeks after completing its merger with Boole & Babbage, BMC Software Inc. (Nasdaq:BMCS), today completed its acquisition of New Dimension Software Ltd. With the completion of these acquisitions, BMC Software is positioned as the leader among top-tier enterprise management vendors with its focus on rapid delivery of business value. These two strategic moves create a new era for enterprise management by providing customers around the world with the assurance that the business-critical applications they rely on are available, recoverable and perform around the clock.

"The addition of New Dimension Software and Boole & Babbage better positions us as a strategic partner with our customers. As separate companies, each was strong and considered an industry leader. Now, as one company with one vision, BMC Software will be the one that customers trust to lead them into the new millennium," said Max Watson, chairman, president and CEO of BMC Software. "BMC Software has become the pre-eminent leader in Information Technology enterprise management. We have reached this position through internal development and growth as well as through strategic acquisitions. Our acquisition strategy has been focussed on companies that are industry leaders and offer best-of-breed solutions. The addition of New Dimension Software truly brings a new dimension to BMC Software's application service assurance strategy."

Through the acquisition, BMC Software obtains a new center for technology excellence in Tel Aviv, Israel, which is one of the world's epicenters for technology innovation. In addition, the company's combined product line will provide customers the ability to manage all components of the enterprise which affect application availability and the ability to solve unique application availability problems. Today, there already exists tremendous synergies across customers and products lines. BMC Software will leverage its distribution channels allowing customers to realize these benefits:

-- Across all major platforms (OS/390, UNIX, NT, Internet);

-- Across databases, middleware, mail and messaging, custom and

packaged applications, Internet and Web servers;

-- Across all major functional areas: event management, performance

analysis, capacity planning, backup and recovery, job scheduling,

output management and security administration.

The New Dimension Software transaction is a cash purchase valued at approximately $675 million. BMC Software plans to have New Dimension Software operate as a separate operating business unit. More details of the integration plans will be announced following the company's kickoff of its fiscal year 2000 planned for the end of April.

With the completion of the New Dimension Software transaction, BMC Software now employs approximately 5,000 people in 26 countries and has combined revenues during the last 12 months of approximately $1.3 billion.

About BMC Software

BMC Software is the world's leading provider of management solutions that ensure the availability, performance, and recovery of companies' business-critical applications. We call this application service assurance, and it means that the applications you and your customers rely on most stay up and running, around the clock. For more than 18 years, the world's largest companies have relied on BMC Software. BMC Software is among the world's largest independent software vendors, a Forbes 500 company and a member of the S&P 500, with revenues during the previous 12 months of approximately $1.3 billion. The company is headquartered in Houston, with offices worldwide. For more information, visit our Web site at http://www.bmc.com, or please call 800/841-2031 or 713/918-8800.

This news release contains both historical information and forward-looking information. For example, statements in this discussion regarding BMC Software's future financial and operating results, the development of and anticipated markets for BMC Software's products, BMC Software's operating strategies, anticipated acquisition benefits and other statements that are not statements of historical fact are forward looking statements. Actual results could differ materially from any expectation, estimate or projection conveyed by these statements and there can be no assurance that any such expectation, estimate or projection will be met. Numerous important factors, risks and uncertainties affect BMC Software's operating results and could cause actual results to differ from the results implied by these or any other forward looking statements. These factors include, but are not limited to, the following: 1) BMC Software's revenues and earnings are subject to a number of factors, including the significant percentage of quarterly sales typically closed at the end of each quarter, that make estimation of operating results prior to the end of a quarter extremely uncertain; 2) competition for BMC Software's products is increasing for both the distributed systems and the mainframe database utility products; 3) international results have been volatile over the last two years; 4) BMC Software continues to increasingly depend on large enterprise license transactions as an integral part of its core mainframe and distributed systems businesses; 5) the uncertainties of whether new software products and product strategies will be successful; 6) the high degree of difficulty of integrating different software products and technologies and the general risks associated with mergers of high technology companies, including the potential loss of key personnel and cultural conflicts; and 7) the additional risks and important factors described in the companies' Annual Report to Stockholders on Forms 10-K and 10-Q and other filings with the SEC.

BMC Software and the BMC Software logo are registered trademarks or trademarks of BMC Software Inc. in the USA and in other select countries. New Dimension Software and the New Dimension logo are registered trademarks or trademarks of New Dimension Ltd. in the USA and in other select countries. (R) and (TM) indicate USA registration or USA trademark. Other logos and product/trade names mentioned are registered trademarks or trademarks of their respective companies. BMC Software is an Equal Opportunity Employer.