Borland Announces Stock Repurchase Authorization Up to $30 Million of Its Outstanding Common Stock.

Business Editors/High-Tech Writers

SCOTTS VALLEY, Calif.--(BUSINESS WIRE)--Sept. 18, 2001

Borland Software Corporation (Nasdaq:BORL), a leading provider of e-business platform solutions, today announced that its Board of Directors has authorized repurchases up to $30 million of its outstanding common stock.

Borland said share repurchases may be made from time to time in the open market or in privately negotiated transactions depending on market conditions, share price and availability and other factors at Borland's discretion. Borland intends to finance the purchase using its available cash. Repurchased shares will be principally used for ongoing stock issuances under employee stock plans and other general corporate purposes.

Dale L. Fuller, Borland's President and Chief Executive Officer, remarked, "The board's authorization of this repurchase program is a reflection of the confidence that the board and management have in Borland's operating fundamentals, business opportunities and growth prospects. We believe that Borland stock is an attractive investment and that the repurchases will serve to enhance stockholder value. Just as we have a commitment to provide best-of-breed products, we are committed to bringing value to our stockholders. The repurchase program is just one method of demonstrating that commitment."

About Borland

Borland is a leading provider of high performance e-business platform solutions designed to increase developer productivity and reduce time to market for enterprise software projects. E-business platform solutions consist of software products that allow businesses to develop, deploy and manage e-business applications. Borland is the vendor of choice for professional e-business solution providers who demand a vendor-independent platform that supports rapid time to market, high productivity, performance and availability. Founded in 1983, Borland is headquartered in Scotts Valley, California, with operations worldwide. To learn more, visit Borland at http://www.Borland.com/, the community site at http://community.Borland.com or call Borland at 800/632-2864.

All Borland brand and product names are trademarks or registered trademarks of Borland Software Corporation, formerly known as Inprise Corporation, in the United States and other countries. Other names mentioned herein may be trademarks of the party using such names.

Safe Harbor Statement

This release contains "forward-looking statements" as defined under the Federal Securities Laws, including the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements relating to Borland's future, Borland's belief about Borland's long-term value, the strength of Borland's balance sheet and Borland's belief that the repurchase of its stock is an attractive investment. 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 potential effects on Borland of competition in computer software product and services markets, growth rates in the software and professional services markets that Borland participates in, rapid technological change that can adversely affect the demand for Borland's 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, actions or announcements by competitors, software errors, reduction in sales to or loss of any significant customers, the ability to successfully integrate acquisitions, Borland's ability to protect its intellectual property rights, the dependence of certain of Borland's business units on licenses from third parties, Borland's ability to attract and retain qualified personnel and Borland's failure to reduce costs. These and other risks are detailed from time to time in Borland's periodic reports filed with the Securities and Exchange Commission, including, but not limited to, its latest Annual Report on Form 10-K and its latest Quarterly Report on Form 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.