PLATINUM technology and Altai Finalize Acquisition; Altai becomes a PLATINUM technology subsidiary.

Oakbrook Terrace, Ill.--(BUSINESS WIRE)-- Aug. 23, 1995--PLATINUM technology, inc. (NASDAQ:PLAT) today announced the completion of its acquisition of Altai, Inc. (NASDAQ:ALTI). Altai, based in Arlington, Texas, will operate as a wholly owned subsidiary of PLATINUM technology, inc.

Under the terms of the agreement, PLATINUM exchanged approximately 1,100,000 shares of PLATINUM common stock for all of the outstanding shares of Altai Inc. The exchange ratio was one share of Altai stock for .42157 shares of PLATINUM stock. Altai shareholders voted on August 23 to approve PLATINUM's plans to acquire the company and all conditions of the transaction were satisfied today. The acquisition is effective immediately; Altai stock will stop trading at the close of business on August 23. Five percent of Altai stock will be held in escrow for up to 24 months.

It is expected that the acquisition will qualify as a tax free reorganization and be accounted for as a pooling of interests.

"Altai is a leader in job management, storage management and automated operations software," said Andrew J. Filipowski, president and CEO of PLATINUM technology, inc. "The technology and expertise that Altai brings to PLATINUM will be invaluable as we continue to fulfill our vision for managing the Open Enterprise Environment."

"We believe that PLATINUM's direction for managing heterogeneous computing environments is exactly what corporate IT managers need," said James P. Williams, president and CEO of Altai Inc. "PLATINUM's database and systems management solutions plus our Z/Team of products is a winning combination that will help companies manage a computing environment comprising mainframes, open systems and PCs. We have already begun the product integration process and we are excited about the future of Altai and PLATINUM."

The Altai acquisition is a key component of PLATINUM's plan to provide comprehensive, integrated management solutions for the Open Enterprise Environment (OEE) -- the networked computing environment that includes MVS-, UNIX- and Windows-based platforms and may also contain VMS, AS400 and OS/2 systems.

About Altai

Altai is a leading provider of integrated automated operations software solutions for open computing. The company offers tape management and data management for tape silos for MVS, and event/job scheduling and systems automation solutions for IT organizations with multi-CPU, multi-data center configurations that include MVS, VSE, UNIX, AS/400, Windows, Windows NT, and OS/2 environments. Altai s critically acclaimed "Z/Team" products include Zeke (Enterprise Scheduling), Zack (Enterprise Automation), Zebb (Rerun/Restart Management), Zara (Removable Media Management, Zeph (Enterprise Alert System), Zela (Removable Media Maximizer), as well as the Z/Team for UNIX and AS/400. Altai's OASIS open architecture provides multiplatform support for, and links between, mainframes and client/server systems and offers a consistent view of the networked enterprise through a single or distributed management centers. -0-

PLATINUM technology, inc., provides software solutions for managing the open enterprise environment (OEE). By leveraging its expertise in relational technology, PLATINUM offers open enterprise systems management (OESM) products and integrated solutions that help IS organizations manage the prevailing complex, multiplatform, multi-operating system, multivendor computing environment. PLATINUM's products and services increase the efficiency of individual computing systems and databases as well as the interoperability of these systems and databases in distributed environments.

PLATINUM offers more than 100 software products concentrated in application development, data warehousing, database administration, and systems management. PLATINUM also offers a wide range of reference publications and over 60 information technology courses, including a complete curriculum on client/server technology.

PLATINUM is headquartered in the Chicago suburb of Oakbrook Terrace, Illinois, and has sales offices across the U.S., in Canada, Europe, Australia and Japan, with wholly-owned subsidiaries in 11 countries and affiliates in 33 countries. PLATINUM has been an IBM Business Partner since 1988, and its products are marketed by IBM in the U.S., Canada, Japan, Australia, and other countries in the Far East and Europe. PLATINUM is a member of the IBM International Alliance for SystemView, the Oracle Systems Management Tools nitiative (SMTI), the Sybase Open Solutions Program, and the Informix InSync Program. -0-

All PLATINUM product names and product category names are trademarks of PLATINUM technology, inc. Other company names and product names referenced herein may be trademarks or registered trademarks of the respective corporation.

CONTACT: Michelle Edelman David Kitchen/Wendy DeFeudis

PLATINUM technology, inc. Copithorne & Bellows

[phone], ext. 1730 [phone]