Rational Software to Increase Stock Repurchase Program

Apr 04, 2001, 01:00 ET from Rational Software Corporation

    CUPERTINO, Calif., April 4 /PRNewswire/ --
 Rational Software Corporation (Nasdaq: RATL), the e-development company,
 announced today that the company's Board of Directors has authorized the
 re-purchase of up to approximately 20 million shares of the company's common
 stock in the open market from time to time at the discretion of the company's
 management.
     This amount is in addition to company's previously announced repurchase
 program in which the company's Board of Directors authorized the company to
 repurchase up to 12 million shares of the company's common stock.  There are
 approximately 3.7 million shares remaining to be repurchased under this
 authorization.
 
     About Rational Software Corporation
     Rational Software Corporation(R) (Nasdaq: RATL), the e-development
 company, helps organizations develop and deploy software for e-business,
 infrastructure, and devices and embedded systems through a combination of
 tools, services and software engineering best practices.  Rational's
 e-development solution helps organizations overcome the software development
 paradox by accelerating time to market while improving quality.  Rational's
 integrated solution simplifies the process of acquiring, deploying and
 supporting a comprehensive software development platform, reducing total cost
 of ownership.  IDC has recognized Rational as the revenue leader in multiple
 application development and deployment markets for four years in a row.
 Founded in 1981, Rational, one of the world's largest software companies, had
 revenues of $754 million in its twelve months ended December, 2000 and employs
 more than 4,000 people around the world.  Rational is a component of the
 Nasdaq-100 Index(R).  Additional information is available on the Internet at
 www.rational.com .
 
 

SOURCE Rational Software Corporation
    CUPERTINO, Calif., April 4 /PRNewswire/ --
 Rational Software Corporation (Nasdaq: RATL), the e-development company,
 announced today that the company's Board of Directors has authorized the
 re-purchase of up to approximately 20 million shares of the company's common
 stock in the open market from time to time at the discretion of the company's
 management.
     This amount is in addition to company's previously announced repurchase
 program in which the company's Board of Directors authorized the company to
 repurchase up to 12 million shares of the company's common stock.  There are
 approximately 3.7 million shares remaining to be repurchased under this
 authorization.
 
     About Rational Software Corporation
     Rational Software Corporation(R) (Nasdaq: RATL), the e-development
 company, helps organizations develop and deploy software for e-business,
 infrastructure, and devices and embedded systems through a combination of
 tools, services and software engineering best practices.  Rational's
 e-development solution helps organizations overcome the software development
 paradox by accelerating time to market while improving quality.  Rational's
 integrated solution simplifies the process of acquiring, deploying and
 supporting a comprehensive software development platform, reducing total cost
 of ownership.  IDC has recognized Rational as the revenue leader in multiple
 application development and deployment markets for four years in a row.
 Founded in 1981, Rational, one of the world's largest software companies, had
 revenues of $754 million in its twelve months ended December, 2000 and employs
 more than 4,000 people around the world.  Rational is a component of the
 Nasdaq-100 Index(R).  Additional information is available on the Internet at
 www.rational.com .
 
 SOURCE  Rational Software Corporation

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http://www.rational.com