Borland 2001 revenues rise 16%

By: Anders Ohlsson

Abstract: Borland reports Q4 2001 results and 2001 annual results

BORLAND 2001 REVENUES RISE 16%

Operating Income Increases 44%

SCOTTS VALLEY, CA (January 24, 2001) - Borland Software Corporation (Nasdaq NM: BORL) today announced its financial results for the fourth quarter and year ended December 31, 2001.

Revenues Rise 17% in Fourth Quarter For the fourth quarter, revenues increased 17% to $59.0 million from $50.3 million for the same quarter a year ago and increased 7% from the third quarter of 2001. Gross margins were approximately 84% for both the 2001 and 2000 fourth quarters. Operating income rose 12% to approximately $6.0 million in the 2001 fourth quarter from $5.4 million in the year-ago quarter.

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