Global Financial Services Companies Choose Borland to Elevate Software Capabilities; Top Financial Services Firms From Around the World Select Borland Software Delivery Optimization Solutions to Enhance Software Quality and Control.

SCOTTS VALLEY, Calif. -- Borland Software Corporation (Nasdaq:BORL), a global leader for Software Delivery Optimization(TM) solutions, announced today that several of the top financial services companies from around the world have recently chosen Borland's solutions to help them achieve the highest value from their software. These customers include APIR Systems, BNP Paribas Securities Services, Maybank Sdn Bhd, New Zealand Reserve Bank, Scotiabank, TIAA-CREF and Visa International.

Increasing compliance, cost and competitive pressures in the financial sector are pushing companies to invest in the training, tools and processes that can help them deliver quality software on time and within budget. IT leaders within these companies are using Borland's product and service offerings to unite stakeholders throughout the software delivery cycle, and to increase their visibility into and control over the entire application development process. By making software delivery a more managed business process, financial companies can not only improve the predictability and quality of their software, but also increase the value of that software to their business.

Scotiabank, one of Canada's leading financial institutions, recently began leveraging the combined benefits of Borland's JBuilder(R) Java development environment and Borland's Together(R) enterprise-level modeling solution to speed the delivery of top-quality software. Scotiabank, which employs 48,000 employees in some 50 countries, required a fully integrated software development solution that could scale and work seamlessly across large teams.

Borland's application lifecycle management (ALM) solutions are designed to align a financial institution's software capabilities with their operational needs, and in turn provide visibility across the software lifecycle. In addition, Borland's ability to work across platforms -- such as Microsoft .NET, Windows(R), Java(TM) and legacy systems -- enables organizations to exploit the investments they've already made and ensure they have the flexibility to leverage new technologies in the future.

"Borland is playing an increasing role in financial institutions around the world, helping them to simplify their complex development environments and keep pace with rapid changes in business demands," said Rick Jackson, chief marketing officer at Borland. "It's not an easy task to balance these demands and still manage the risks inherent in software development. As a way to optimize software development efforts and manage these risks, institutions are turning to Borland's requirements management, change management, modeling and process-centric development solutions."

Australia-based APIR, a financial services coding agency, has been using Borland support and ALM solutions for almost four years. According to Marcus Jowsey, technical manager at APIR Systems Limited, "While we know Borland offers the best technologies for our purposes, the proof really is in the fact that their solutions are now a critical component across the Australian financial services industry."

APIR recently selected Borland CaliberRM(TM) and Together Designer to collect, model and manage their technical and business requirements for application development. These products were chosen to enhance APIR's already proven capability to develop crucial software on time and to specification. Jowsey continued, "I see CaliberRM as being a major aid for us to ensure the features our customers need are detailed thoroughly. And by using Together in conjunction with CaliberRM, we're able to develop technical models based on non-technical business relationships, giving us a graphical way to precisely depict our business requirements."

For more information on Borland's software development solutions, please visit http://www.borland.com/products/.

About Borland

Founded in 1983, Borland Software Corporation (Nasdaq:BORL) is a global leader in platform independent solutions for Software Delivery Optimization. The company provides the software and services that align the people, process, and technology required to maximize the business value of software. To learn more about delivering quality software, on time and within budget, visit http://www.borland.com.

Borland, Software Delivery Optimization, JBuilder, Together, StarTeam, CaliberRM and all other Borland brand and product names are service marks, trademarks or registered trademarks of Borland Software Corporation in the United States and other countries. Windows is a registered trademark of Microsoft Corporation. Java is a trademark of Sun Microsystems. All other marks are the property of their respective owners.

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 and is subject to the safe harbors created by such laws. Forward-looking statements may relate to, but are not limited to, Borland's ability to assist customers in improving the predictability and quality of their software, the ability to increase the overall value of the customers' software to their business, and the ability to help lower costs and increase productivity. 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, our ability to offer adequate service to the enterprise customer; our ability to sell multi-product solutions for the application development lifecycle; the effects of a longer sales cycle as we increase our focus on larger enterprise customers; the changing nature of the markets in which we operate, namely the maturing of the Japan IDE market; market acceptance of our products and services including our enterprise software development platform/solution; our failure to establish or enhance strategic alliances; rapid technological and business change that can adversely affect the demand for Borland products and services; and general economic factors and capital market conditions. 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 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.