Borland Accelerates Acquisition Integration Process with Key Management Appointment; Names Tony de la Lama VP, General Manager of Together Business Unit.Business Editors/High-Tech Writers SCOTTS VALLEY, Calif.--(BUSINESS WIRE)--Jan. 27, 2003 Borland Software Corporation (company) Borland Software Corporation - A company that sells a variety of PC software development and database systems. Borland was founded in 1983 and initially became famous for their low-cost software, particularly Turbo Pascal, Turbo C, and Turbo Prolog. (Nasdaq:BORL) today announced the appointment of technology and Java veteran Tony de la Lama to the position of vice president and general manager of the newly formed Together Business Unit. Following the recent completion of the TogetherSoft acquisition, this crucial appointment signals the Borland commitment to ensure the successful and rapid integration of TogetherSoft and Borland solutions. "Tony has done an excellent job of leading our Java Business Unit and has played a vital role in positioning Borland as a leader in Java development solutions," said Fred Ball, executive vice president of Corporate Development and Mergers and Acquisitions. "With the close of the TogetherSoft acquisition, we expect Tony will have great success leading the smooth integration of award-winning products of Borland and TogetherSoft that will enable us to continue to accelerate software development worldwide." In his new position, de la Lama will lead all research and development, product management, product marketing and business development activities in support of the Together ControlCenter products business. He will be based in Raleigh, North Carolina For other uses of this name, see Raleigh. Raleigh (IPA: /ˈrɑli/, ral-ee) is the capital of the State of North Carolina and the county seat of Wake County. . De la Lama joined Borland in 1990 and has held a variety of engineering and management positions within the company, most recently serving as vice president and general manager of the highly successful Java Business Unit. de la Lama also represents Borland as an executive committee member of the Java Community Process Sun's system for allowing third parties to submit requests for new features to Java. JCP is a formal process that must be adhered to, and fees are involved. In 1999, Sun submitted Java to the ECMA standards body, but withdrew its J2SE specification later in the year. where he brings his technical industry experience to the challenge of guiding Java standards. George Paolini, former vice president of software marketing at Sun Microsystems Sun Microsystems, Inc. (NASDAQ: JAVA[3]) is an American vendor of computers, computer components, computer software, and information-technology services, founded on 24 February 1982. , now heads the Java Business Unit. TogetherSoft is a leading provider of platform-neutral design-driven development Design Driven Development (D3) is an agile-based process for creating innovative requirements to build better solutions. It works closely with SCRUM and Extreme Programming (XP) for managing and implementing those requirements. Also it can work with non-agile processes such as RUP. solutions that accelerate the software development process. TogetherSoft solutions simplify and integrate design and analysis with development of complex software applications. These solutions operate with all major enterprise platforms and languages: Java,(TM) C++, Visual Basic,(R) Visual Basic for .NET, and Visual C#.(R) About Borland Borland Software Corporation is a leading provider of technology used to develop, deploy, and integrate software applications. Delivering best-in-class technology solutions dedicated to interoperability, Borland allows enterprises of all sizes to move into Web based Coming from a Web server. See Web application. computing while leveraging legacy systems. From the Fortune 1000 to the Borland Developer Network comprised of millions of developers around the world, Borland provides customers the freedom to develop applications, deploy them anywhere, and integrate and manage them across the enterprise. Borland solutions enable organizations to increase productivity and deliver higher performance projects faster and on budget, while lowering total cost of ownership. Founded in 1983, Borland is headquartered in Scotts Valley, California Scotts Valley is a small city located in eastern Santa Cruz County, California, United States, about ten miles (16 km) south of San Jose and six miles (10 km) north of the beach in the upland slope of the Santa Cruz Mountains. As of the 2000 census, the city population was 11,385. with operations worldwide. To learn more, visit Borland at http://www.borland.com, the Borland Developer Network at http://bdn.borland.com, or call Borland at (800) 632-2864. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement This release contains "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " as defined under the Federal Securities Laws, including the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 and is subject to the safe harbors created by such laws. All statements that are not historical are forward-looking. Forward-looking statements may relate to, but are not limited to, Borland future financial performance, capital expenditures, revenues, acquisitions, earnings, costs, product development plans, global expansion plans, estimated size of potential customer markets, demand for Borland products, the projected acceptance by existing or potential customers of new technologies and the potential features of, or benefits to be derived from, the products developed, marketed or sold by Borland, market and technological trends in the software industry and various economic and business trends. Such forward-looking statements are based on current expectations that involve a number of uncertainties and risks that may cause actual events or results to differ materially. Factors that could cause actual events or results to differ materially include, among others, the following: general economic factors and capital market conditions, general industry trends, the ability to successfully integrate acquisitions, costs associated with acquisitions, diversion of management attention from other business concerns due to acquisitions, undisclosed or unanticipated liabilities resulting from acquired companies, the potential effects on Borland of competition in computer software product and services markets, growth rates Growth Rates The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures. Notes: Remember, historically high growth rates don't always mean a high rate of growth looking into the future. in the software and professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. markets that Borland participates in, rapid technological change that can adversely affect the demand for Borland products, shifts in customer demand, market acceptance of new or enhanced products or services developed, marketed or sold by Borland, delays in scheduled product availability dates, open source technologies that compete with Borland products, actions or announcements by competitors, software errors, reduction in sales to or loss of any significant customers, the ability of Borland to protect its intellectual property rights, the dependence on technologies licensed from third parties, the ability of Borland to attract and retain qualified personnel, the ability of Borland to contain costs and unanticipated impact on economic and financial conditions in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and around the world resulting from the geopolitical ge·o·pol·i·tics n. (used with a sing. verb) 1. The study of the relationship among politics and geography, demography, and economics, especially with respect to the foreign policy of a nation. 2. a. conflicts and other consequences of the United States' war against terrorism. These and other risks may be detailed from time to time in Borland periodic reports filed with the Securities and Exchange Commission, including, but not limited to, its latest Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and its latest Quarterly Report on Form 10-Q Form 10-Q See 10-Q. , copies of which may be obtained from www.sec.gov. Borland is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise. Note to Editors: All Borland brand and product names are trademarks or registered trademarks of Borland Software Corporation in the United States and other countries. All other marks are the property of their respective owners. |
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