Borland Announces Results of 2008 Annual Meeting of Stockholders

2008-05-30 23:13:27 -

- Borland Software Corporation (NASDAQ:BORL), the global leader in Open Application Lifecycle Management (ALM), today announced results from its annual meeting of stockholders held on May 28, 2008 in Austin, Texas.

Stockholders re-elected John F. Olsen, William K. Hooper, Charles F. Kane, Bryan LeBlanc, T. Michael Nevens, Tod Nielsen and Robert M. Tarkoff to the Board of Directors.

Stockholders ratified the selection of KPMG LLP to continue to serve as Borland's independent registered public accounting firm for the fiscal year ending December 31, 2008.

Borland did not receive the requisite number of votes to approve the proposal to provide the Board of Directors with the discretion to effect a reverse stock split of the common stock of the company.

About Borland

Founded in 1983, Borland (NASDAQ:BORL) is the leading vendor of Open Application Lifecycle Management (ALM) solutions - open to customers' processes, tools and platforms - providing the flexibility to manage, measure and improve the software delivery process. To learn more about maximizing the business value of software, visit www.borland.com.

Borland and all other Borland brand and product names are service marks, trademarks or registered trademarks of Borland Software Corporation or its subsidiaries in the United States and other countries. All other marks are the property of their respective owners.

Borland Software Corporation
Beth Pilch, 512-340-1364
Bpilch@borland.com