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MERCURY INTERACTIVE CORP. OFFERS 2,750,000 SHARES OF COMMON STOCK AT $13.00 PER SHARE

 SANTA CLARA, Calif., Oct. 29 /PRNewswire/ -- Mercury Interactive Corp. (NASDAQ: MERQ) announced its initial public offering of 2,750,000 shares of common stock at a price of $13.00 per share. Of the total, 2,000,000 shares were offered by the company and 750,000 were offered by selling stockholders. The company and certain selling stockholders have granted the underwriters an option to purchase up to 412,500 shares for the purpose of covering over-allotments, if any, Hambrecht & Quist Inc. and Oppenheimer & Co. Inc. co-managed the underwriting group.
 The net proceeds to the company will be added to working capital for general corporate purposes.
 Mercury Interactive Corp. develops, manufactures, distributes and supports a family of Automated Software Quality (ASQ) products that automate testing and quality assurance for developers of client/server software and systems. By using the company's ASQ products, corporate software vendors can identify software errors, commonly referred to as bugs, more quickly and efficiently than traditional methods allow.
 Copies of the prospectus relating to the offering may be obtained from Hambrecht & Quist Inc., One Bush St., San Francisco, CA 94104 or 230 Park Ave., New York, NY 10164 or from Oppenheimer & Co Inc., Oppenheimer Tower, World Financial Center, 200 Liberty St., New York, NY 10281.
 -0- 10/29/93
 /CONTACT: Graham Burnette, chief financial officer of Mercury Interactive Corp., 408-987-0100/
 (MERQ)


CO: Mercury Interactive Corp. ST: California IN: CPR SU: OFR

LW-TM -- SF012 -- 8759 10/29/93 18:12 EDT
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Publication:PR Newswire
Date:Oct 29, 1993
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