Press Release | Munich, 8. October 2009
AdAstra exits Gomez
_DETROIT and LEXINGTON, Mass., Oct. 7, 2009 (GLOBE NEWSWIRE) -- Compuware
Corporation (Nasdaq:CPWR) and Gomez today announced the signing of a definitive
agreement for Compuware to acquire privately-held Gomez, Inc. Compuware is the
world's leading application performance management software company, and Gomez is
the leader in Web application experience management. The $295 million cash acquisition
is expected to close in November of 2009.
_"Together, Compuware and Gomez provide the industry's only unified Application Performance
Management solution, spanning the Enterprise and Internet," said Compuware President and
Chief Operating Officer Bob Paul. "For business and IT executives who are moving more
business-critical applications onto the Internet, Compuware can now offer unified visibility,
isolation and resolution of application performance problems from the data center to the customer.
Competitive offerings only cover isolated portions of the Enterprise-Internet application
_Headquartered in Lexington, Massachusetts, Gomez employs 272 people around the world.
Substantially all of these employees, including the leadership team, are expected to remain with
Compuware after the close of the transaction.
_"This agreement marks a fundamental breakthrough in how IT and business leaders can manage the
performance of all the applications that drive their businesses," said Jaime Ellertson, Chief
Executive Officer and President, Gomez. "The complementary nature of our products and our already-existing
product integration will allow Compuware and Gomez to rapidly deliver dramatically extended value
to our mutual customers."
_"Compuware's financial strength, its R&D horsepower, and its geographic reach will benefit both
our employees and our customers," said Richard Brekka, Chairman of the Board, Gomez.
_With the addition of Gomez -- which delivers its offering through a Software as a Service (SaaS)
model -- to Compuware's SaaS revenues, Compuware becomes the world's leading SaaS infrastructure
management provider. SaaS continues to become a more desirable way to acquire software due to a
lower cost of ownership and faster, easier adoption and maintenance.
_For complete details on how this agreement sets the new standard for managing the performance of
business applications, visit www.compuware.com/gomez.
_The completion of the transaction is subject to customary government approvals and the satisfaction
of other customary conditions.
_Follow us on Twitter at: http://twitter.com/compuware.
_Founded in 1973, Compuware provides software, experts and best practices to ensure applications work well
and deliver business value. Compuware helps CIOs optimize end-to-end application performance for leading
businesses around the world, including 46 of the top 50 Fortune 500 companies.
Learn more at: www.compuware.com.
The Compuware logo is available at
_Gomez, Inc. is the leader in Web application experience management, providing an on-demand platform that
organizations use to optimize the performance, availability, and quality of their Web and mobile applications.
The Gomez platform identifies business-impacting issues by testing and measuring Web applications from the
"outside-in" -- across all users, browsers, devices, and geographies -- using a global network of over 100,000
locations. The self-service Gomez platform integrates Web load testing, Web performance management, cross-browser
testing, and Web performance business analysis. Over 2,500 customers worldwide, ranging from small companies
to large enterprises -- including 12 of the top 20 most visited U.S. Web sites -- use Gomez to increase revenue,
build brand loyalty, and decrease costs.
Conference Call Information
_Compuware will host a conference call to discuss this agreement at 8:30 a.m. Eastern time (12:30 GMT) today.
To join the conference call, interested parties from the United States should call 800-230-1092. For international
access, the conference call number is +1-612-326-1027. No password is required. To download the presentation that
will be used during the conference call, visit www.compuware.com/gomez.
_A conference call replay will also be available. The United States replay number will be 800-475-6701, and the international
replay number will be +1-320-365-3844. The replay passcode will be 118303. Additionally, investors can listen to the conference
call via webcast by visiting the Compuware Corporation Investor Relations web site at www.compuware.com.
_Certain statements in this press release and announcement may constitute forward-looking statements. These forward-looking
statements involve a number of known and unknown risks, uncertainties and other factors that may cause such forward-looking
statements not to be realized and that could cause actual results to differ materially from Compuware's expectations in these
statements. These risks and uncertainties include: the anticipated timing of filings and approvals relating to the acquisition;
the satisfaction of the other closing conditions; the expected timing of the completion of the acquisition; the ability to
successfully integrate the products and employees of Compuware and Gomez; the ability to successfully develop and market new
products and services, and the uncertainty of whether such new products and services will achieve market acceptance or result
in revenue growth; and the continued performance or market growth of Compuware's products. For more information about other
risks that could affect the forward-looking statements herein, please see Compuware's most recent quarterly report on Form 10-Q,
annual report on Form 10-K and other filings made with the Securities and Exchange Commission. Compuware expressly disclaims
any obligation to release publicly any updates or revisions to any forward-looking statements to reflect any changes in
expectations, or any change in events or circumstances on which those statements are based, unless otherwise required by law.
_AdAstra Erste Beteiligungs GmbH, established in mid-2000, is an independent Private Equity firm
based in Munich and specialising in technology companies. Through its investments, AdAstra
provides venture capital for companies from the IT, telecommunication and high-tech sector. AdAstra
currently holds investments in the following leading companies: ASK S.A., asknet AG and Gomez Inc.
Ulrich Clemm / Thomas Krueger
Phone: +49. 89. 710 40 85-0
Fax: +49. 89. 710 40 85-29