Informatica to Acquire Identity Systems

Advances data quality leadership with best-in-class cross-language identity
resolution

REDWOOD CITY, Calif., April 17 /PRNewswire-FirstCall/ -- Informatica
Corporation (Nasdaq: INFA), the leading independent provider of data
integration software, today announced a definitive agreement to acquire Nokia
subsidiary Identity Systems, Inc., a pioneer in identity resolution
technology.
Identity resolution enables precise identity search and matching to find
required critical information for individuals or organizations. This
strategic acquisition will extend Informatica products with innovative,
differentiated technology to search, match and resolve identity data about a
variety of objects including people, companies and products.
Informatica will acquire all of the capital stock of Identity Systems for
approximately $85 million in cash. The acquisition is subject to customary
closing conditions, and is expected to close by the end of May 2008.
"The combination of Identity Systems and Informatica will offer the most
advanced data quality products," said Sohaib Abbasi, chairman and CEO,
Informatica. "This combination advances our leadership in three ways. First,
we will offer our customers additional innovative capabilities for identity
search and resolution. Second, it will extend our data quality products with
differentiated cross-language identity matching capabilities. And third, our
customers will benefit from the near-universal access of our leading data
integration platform to integrate their data including identity data.
Together, we will further enable organizations to gain a competitive advantage
in today's global information economy by empowering them to access, integrate
and trust their information assets."
Identity Resolution Pioneer
Identity resolution is a key enabling technology for a broad range of IT
initiatives including data governance, master data management, customer data
integration, customer relationship management, government intelligence, law
enforcement and financial applications such as anti-money laundering.
Globalization and e-commerce are leading to greater diversity of identity
information in IT systems that requires cross-language capabilities. In
addition, exploding data volumes dictate far greater scalability than the
traditional matching technologies.
Identity Systems, the identity resolution category leader, delivers the
most comprehensive set of "fuzzy" algorithms, with built-in support for more
than 60 languages, to enable precise identity search and matching, across
immense volumes of data, in real-time.
"We are excited and confident that our innovative solutions, strong
partner ecosystem and global customer base will advance Informatica's
leadership in the data quality market. We look forward to becoming a part of
the leading independent data integration software company," said Sanjay Rao,
general manager, Identity Systems.
Improving Operational Efficiency
Today, most IT organizations hand-code their IT projects dealing with
identity data. It is estimated that organizations annually spend more than
$450 million on such projects. Identity Systems' technology improves
operational efficiency by automating the entire process dealing with language,
nomenclature, structure, format, location, duplication, omissions and even
errors.
In fact, Identity Systems delivers proven and differentiated value to
customers and partners: accuracy, high-performance scalability and cross-
language support.
Government intelligence agencies around the world rely on Identity
Systems' accuracy and precision to meet their stringent requirements. A
leading data service bureau benefits from Identity Systems high-performance
scalability for processing 12 million transactions per day using 2.6 billion
records stored in 18,000 files. Finally, Hewlett Packard selected Identity
Systems to utilize the comprehensive cross-language support for customer
identity data required by their operations in 178 countries.
Customer and Partner Traction
More than 500 customers worldwide rely on Identity Systems solutions
including leaders in public sector, financial services, law enforcement &
homeland security, healthcare and telecommunications. These customers include
U.S. Internal Revenue Service, Hong Kong Customs, GE Capital, British Telecom,
AT&T, Equifax and Experian. In addition, Identity Systems' partners include
Oracle/Siebel, Dun & Bradstreet and Choicepoint.
Conference Call
Informatica will be discussing the acquisition of Identity Systems as part
of the first quarter 2008 earnings call beginning today at 2:00 p.m. PDT. A
live Webcast of the conference call will be available at
http://www.informatica.com/investor. A replay of the call will also be
available by dialing 617-801-6888, reservation number 66854959.
About Informatica
Informatica Corporation (Nasdaq: INFA) is the leading independent provider
of enterprise data integration software and services. With Informatica,
companies can gain greater business value by integrating all their information
assets from across the enterprise. More than 3,025 companies worldwide rely
on Informatica to reduce the cost and expedite the time to address data
integration needs of varying complexity and scale. For more information, call
+1 650 385 5000 (+1 800 970 1179 in the U.S.), or visit
http://www.informatica.com.
This press release contains forward-looking statements regarding the
expected timing of the closing of the acquisition of Identity Systems, the
expected benefits to our customers and products and our ability to integrate
the technology we acquire into our data integration product suite according to
the timeline described above. Such statements involve risks and
uncertainties,
and actual results may differ materially from the results described in this
press release. The potential risks and uncertainties that could cause actual
results to differ include, among others, risks related to our ability to (1)
successfully integrate Identity Systems and its employees into Informatica and
achieve expected synergies, (2) compete successfully in this highly
competitive and rapidly changing marketplace, (3) retain key employees and (4)
other factors affecting the operation of the respective businesses, as well as
those risks and uncertainties included under the caption "Risk Factors" in
Informatica's report on Form 10-Q for the year ended December 31, 2007, which
is on file with the SEC and is available on the company's investor relations
website at http://www.informatica.com. All information provided in this
release is as of April 17, 2008, and Informatica undertakes no duty to update
this information.
Note: Informatica is a registered trademark of Informatica Corporation in
the United States and in jurisdictions throughout the world. All other company
and product names may be trade names or trademarks of their respective owners.
SOURCE Informatica Corporation

Deborah Wiltshire of Informatica Corporation, +1-650-385-5360, mobile,
+1-650-862-8186, dwiltshire@informatica.com; or Donna Lyon of Text 100,
+1-415-593-8478, mobile, +1-650-248-1587, informatica@text100.com, for
Informatica