EMC Completes Acquisition of Document Sciences

HOPKINTON, Mass. and CARLSBAD, Calif., March 6 /PRNewswire-FirstCall/ --
EMC Corporation (NYSE: EMC), the world leader in information infrastructure
solutions, today announced it has completed the acquisition of Carlsbad, CA-
based Document Sciences Corporation (Nasdaq: DOCX), a leading provider of
document output management (DOM) and customer communications management (CCM)
software that facilitates highly personalized, multi-channel communications to
customers, partners and suppliers. Under terms of the definitive agreement
announced on December 27, 2007, EMC acquired Document Sciences in a cash
transaction valued at approximately $85,800,000.
The acquisition complements and extends EMC's vision in transactional
content management (TCM) -- one of the fastest-growing segments of enterprise
content management (ECM). EMC's unique combination of document capture,
business process management -- and now, document output management -- further
extends EMC's leadership in this important segment. In addition, this
acquisition also extends EMC's broader ECM offerings, adding dynamic
communications services to enhance the company's interactive content
management, knowledge worker and archiving & compliance solutions.
Mark Lewis, President, Content Management and Archiving Division at EMC
commented, "When we announced our intent to acquire Document Sciences in
December, we stressed the deal would further extend our leadership position in
both transactional content management and the larger category of enterprise
content management. With the acquisition now complete, we are delivering on
this promise, enabling EMC customers to fully benefit from the market's
leading suite of document output management and customer communications
solutions."
Leveraging Document Sciences' xPression suite, organizations can automate
the creation and delivery of well-designed, highly personalized communications
-- from contracts, policies and high-volume relationship statements, to
customized marketing collateral and correspondence. As a result, companies
benefit from increased customer loyalty; a single, standards-based solution
that integrates with enterprise CRM, ECM and ERP systems; and dramatically
improved design and implementation of business communications.
EMC will operate Document Sciences as a business unit within the company's
Content Management and Archiving division. Additionally, Document Sciences'
outsourcing business -- Objectiva -- which provides outsourced software
development services to large multinational corporations around the world,
will become a wholly owned subsidiary of EMC.
About Document Sciences Corporation
Document Sciences (Nasdaq: DOCX) is a market-leading global provider of
customer communications management solutions. Its award-winning xPression
software suite enables organizations to automate the creation and delivery of
well-designed, highly personalized communications -- from customized marketing
collaterals, contracts and policies to high-volume relationship statements and
correspondence. More than 500 content-driven organizations worldwide,
including over 60 FORTUNE Global 500 companies, use Document Sciences'
solutions to reduce development costs by up to 90%, improve time-to-revenue by
as much as 75%, and enhance the overall customer experience with highly
effective 1:1 communications. Based in Carlsbad, California, with award-
winning offshore services operations in Beijing, China and offices across the
U.S., in London and Sydney, Document Sciences also markets its products in
Europe, Australia, Canada, New Zealand, Latin America, Asia and Africa. For
more information about Document Sciences Corporation, call 888.4.DOC.SCI or
visit http://www.docscience.com.
About EMC
EMC Corporation (NYSE: EMC) is the world's leading developer and provider
of information infrastructure technology and solutions that enable
organizations of all sizes to transform the way they compete and create value
from their information. Information about EMC's products and services can be
found at http://www.EMC.com.
EMC is a registered trademark of EMC Corporation. All other product and
company names herein may be trademarks of their respective owners.
This release contains "forward-looking statements" as defined under the
Federal Securities Laws. Actual results could differ materially from those
projected in the forward-looking statements as a result of certain risk
factors, including but not limited to: (i) adverse changes in general economic
or market conditions; (ii) delays or reductions in information technology
spending; (iii) our ability to protect our proprietary technology; (iv) risks
associated with managing the growth of our business, including risks
associated with acquisitions and investments and the challenges and costs of
integration, restructuring and achieving anticipated synergies; (v)
fluctuations in VMware, Inc.'s operating results and risks associated with
trading of VMware stock; (vi) competitive factors, including but not limited
to pricing pressures and new product introductions; (vii) the relative and
varying rates of product price and component cost declines and the volume and
mixture of product and services revenues; (viii) component and product quality
and availability; (ix) the transition to new products, the uncertainty of
customer acceptance of new product offerings and rapid technological and
market change; (x) insufficient, excess or obsolete inventory; (xi) war or
acts of terrorism; (xii) the ability to attract and retain highly qualified
employees; (xiii) fluctuating currency exchange rates; and (xiv) other one-
time events and other important factors disclosed previously and from time to
time in EMC's filings with the U.S. Securities and Exchange Commission. EMC
disclaims any obligation to update any such forward-looking statements after
the date of this release.
SOURCE EMC Corporation

Craig Librett of EMC Corporation, +1-508-293-7298, Librett_Craig@emc.com