Trinzic announces year-end results.

REDWOOD CITY, Calif.--(BUSINESS WIRE)--May 4, 1995--Trinzic Corp. (NASDAQ: TRNZ) today reported net income for the fiscal year ended March 31, 1995 of $896,000 or $0.04 per share compared to $3,154,000 or $0.16 per share in fiscal 1994.

Revenues for the year were $45,428,000 compared to $44,248,000 in fiscal 1994.

The company reported net income for the fourth quarter ended March 31, 1995 of $215,000 or $0.01 per share compared to net income of $1,873,000 or $0.09 per share for the same period in fiscal 1994. Revenues for the fourth quarter were $12,553,000 compared with $11,204,000 for the comparable fiscal 1994 period.

Jim Gagnard, Trinzic CEO said, "Trinzic Corporation met its revenue expectations for the fourth quarter. This was our highest revenue quarter in history and the strongest quarter for international performance. International accounted for 27.7 percent of total revenues this year."

On March 7, 1995, Trinzic announced its intention to merge with PLATINUM technology inc. Platinum is a leader in data management, replication and administration and is rapidly expanding into systems management and data warehousing. Trinzic's data access products and application development tools fit squarely into this new strategy.

"While Trinzic has made great progress in expanding its market for these tools, the Platinum organization offers greater distribution capabilities and technical synergies. As a result of the merger, we believe that Trinzic products will achieve greater market share penetration," continued Gagnard.

One example of this technology is the increased acceptance of InfoPump in the data replication marketplace. Trinzic has extended the platforms which InfoPump supports to include the OS/2, AIX, and Windows N/T operating environments. Additionally, Trinzic's new affiliation with the Microsoft Solution Provider Program will soon enable Trinzic to offer Microsoft SQL Server with InfoPump which will make it easier for customers to implement their data replication applications faster.

"We have completed a critical fiscal year in Trinzic's transition to higher growth markets. The company has continued to develop and deliver new products targeted at the client/server marketplace," concluded Gagnard. -0-

Trinzic Corp. is a major provider of client/server tools and services that enable organizations to automate their business processes and manage data in client/server and other increasingly diverse and challenging hardware environments. These include the Aion Development System (AionDS), KBMS, InfoPump, Forest & Trees, InfoHub, and Intellect. Headquartered in Palo Alto, Calif., Trinzic has over 280 employees and a combined installed base of over 1,300 customers representing more than 10,000 software licenses for its BPA products, and over 4,000 customers and more than 25,000 licenses for its general purpose client/server tools. Trinzic's products are distributed by its direct sales force and key marketing partners, as well as distributors throughout North America, Europe, the Pacific Rim and South America.

                                  TRINZIC CORP.
                  CONDENSED CONSOLIDATED STATEMENTS OF INCOME
                     (In thousands, except per share data)

                            Three months ended       Year ended
                           March 31,  March 31,  March 31,  March 31,
                              1995      1994       1995       1994

Revenue:
 Software product
  licenses                  $6,459    $5,462    $21,433    $22,560
 Maintenance                 4,124     4,334     17,245     16,418
 Training, consulting and
  other                      1,970     1,408      6,750      5,270
    Total revenues          12,553    11,204     45,428     44,248

Costs and expenses:
 Cost of revenues            2,562     2,314      8,865      7,277
 Selling and marketing       6,545     5,932     23,138     23,269
 Research and development    1,562     1,543      6,032      6,319
 General and administrative  1,533     1,607      5,862      6,080
 Restructuring costs             0     2,844          0      2,844
    Total costs and
     expenses               12,202    14,240     43,897     45,789

Income (loss) from operations  351    (3,036)     1,531     (1,541)
Interest and other, net          6      (117)       (38)      (105)
Income before provision for
 (benefit from) income taxes   357    (3,153)     1,493     (1,646)
Provision for (benefit from)
 income taxes                  142    (5,026)       597     (4,800)
Net income                    $215    $1,873       $896     $3,154
Net income per common and
 common equivalent share     $0.01     $0.09      $0.04      $0.16
Weighted average number of
 common and common equivalent
 shares outstanding         20,509    20,228     20,158     19,924

    -0-

                           TRINZIC CORPORATION
                  CONDENSED CONSOLIDATED BALANCE SHEETS
             (in thousands, except par value and share data)

ASSETS                                  March 31,      March 31,
                                           1995          1994

CURRENT ASSETS:
Cash and cash equivalents               $ 8,761       $ 7,876
Trade accounts receivable, net           13,180        12,867
Other current assets                        978           770
Deferred income taxes                     1,165         1,615
Total current assets                     24,084        23,128

Property and equipment, net               5,861         5,118
Capitalized software development
 costs, net                               4,168         3,135
Goodwill and other intangibles              610           863
Other assets                                183           233
Deferred income taxes                     3,740         3,740

TOTAL ASSETS                            $38,646       $36,217

LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES:
Accounts payable and accrued expenses   $ 8,539       $ 6,263
Accrued restructuring costs                   0         1,274
Current maturities of long-term debts       223           237
Deferred revenue                          9,147        10,156
Total current liabilities                17,909        17,930

Long-term obligations, net of current
 maturities                                 241           465

STOCKHOLDERS' EQUITY
Common Stock, $.01 par value; 40,000,000
 shares authorized, 19,650,015 and
 19,327,563 shares outstanding at
 March 31, 1995 and 1994, respectively      196           189
Additional paid-in capital               50,725        49,260
Treasury stock, at cost: 48,623 shares     (203)         (203)
Accumulated deficit                     (30,495)      (31,391)
Accumulated translation adjustment          273           (33)
Total stockholders' equity               20,496        17,822

TOTAL LIABILITIES AND STOCKHOLDERS'
 EQUITY                                 $38,646       $36,217

CONTACT: Trinzic Corp.

Michael J. Greeley, 617/647-2972

or

Jamie Pitman, 415/591-8200

or

Pat Voll, 415/591-8200