Ross Systems, Inc. Effects One for Ten Reverse Stock Split

Apr 26, 2001, 01:00 ET from Ross Systems, Inc.

    ATLANTA, April 26 /PRNewswire/ -- Ross Systems, Inc. (Nasdaq:   ROSS) (the
 "Company") today announced that as of 9:00 AM ET tomorrow, the Company will
 effect a 1-for-10 reverse stock split of its outstanding shares, approved by
 the majority vote of its shareholders.  Shareholders will receive one newly
 issued share of Company common stock for each ten shares of Company common
 stock currently held.  The Company's Nasdaq symbol, which was "ROSS," has been
 temporarily changed to "ROSSD" to signal to shareholders and the public that
 the Company has implemented a reverse stock split.
 
     About Ross Systems, Inc.
     Ross Systems Inc. is a leading provider of world class enterprise
 management software and e-business solutions for mid-market process
 manufacturers.  The Ross Systems family of solutions includes the award-
 winning iRenaissance.ERP, a broad range of Internet-enabled enterprise
 resource planning and management applications for financials, manufacturing,
 advanced planning, supply-chain management, maintenance management,
 transportation management, and materials management.  Ross Systems' e-business
 product family includes digital marketplace applications spanning procurement,
 sales, Internet trading exchange connectivity, collaboration and employee
 productivity. More than 3,400 companies around the world use Ross Systems
 solutions in open systems environments including NT and UNIX.  Ross Systems
 has more than 35 offices around the world to serve its customers.  Ross
 Systems Inc., Two Concourse Parkway, Suite 800, Atlanta, Ga. 30328,
 770-351-9600, 1-877-ROSS-INC, http://www.rossinc.com .
 
     Safe Harbor
     Certain statements in this press release, including the statements
 regarding the distribution of newly issued shares to shareholders as part of
 the reverse stock split and the Company's compliance with the continued
 listing requirements of the Nasdaq National Market are "forward-looking"
 statements (as such term is defined in the Private Securities Litigation
 Reform Act of 1995).  Because such statements are subject to risks and
 uncertainties, including the Company's ability to complete the distribution of
 newly issued shares to shareholders, the Company's ability to regain
 compliance with Nasdaq's minimum bid requirement, the inherent volatility and
 unpredictability of the stock market generally and of the stock prices of
 technology companies in particular and uncertainty with respect to the effect
 of reverse stock splits on stock pricing, results may differ materially from
 those expressed or implied by such forward-looking statements.  Investors are
 also encouraged to read the "Risk Factors" section of the Company's Annual
 Report on Form 10-K for the year ended June 30, 2000, and the Company's
 Quarterly Reports on Form 10-Q for the quarters ended September 30, 2000 and
 December 31, 2000, which are on file with the Securities and Exchange
 Commission.
 
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SOURCE Ross Systems, Inc.
    ATLANTA, April 26 /PRNewswire/ -- Ross Systems, Inc. (Nasdaq:   ROSS) (the
 "Company") today announced that as of 9:00 AM ET tomorrow, the Company will
 effect a 1-for-10 reverse stock split of its outstanding shares, approved by
 the majority vote of its shareholders.  Shareholders will receive one newly
 issued share of Company common stock for each ten shares of Company common
 stock currently held.  The Company's Nasdaq symbol, which was "ROSS," has been
 temporarily changed to "ROSSD" to signal to shareholders and the public that
 the Company has implemented a reverse stock split.
 
     About Ross Systems, Inc.
     Ross Systems Inc. is a leading provider of world class enterprise
 management software and e-business solutions for mid-market process
 manufacturers.  The Ross Systems family of solutions includes the award-
 winning iRenaissance.ERP, a broad range of Internet-enabled enterprise
 resource planning and management applications for financials, manufacturing,
 advanced planning, supply-chain management, maintenance management,
 transportation management, and materials management.  Ross Systems' e-business
 product family includes digital marketplace applications spanning procurement,
 sales, Internet trading exchange connectivity, collaboration and employee
 productivity. More than 3,400 companies around the world use Ross Systems
 solutions in open systems environments including NT and UNIX.  Ross Systems
 has more than 35 offices around the world to serve its customers.  Ross
 Systems Inc., Two Concourse Parkway, Suite 800, Atlanta, Ga. 30328,
 770-351-9600, 1-877-ROSS-INC, http://www.rossinc.com .
 
     Safe Harbor
     Certain statements in this press release, including the statements
 regarding the distribution of newly issued shares to shareholders as part of
 the reverse stock split and the Company's compliance with the continued
 listing requirements of the Nasdaq National Market are "forward-looking"
 statements (as such term is defined in the Private Securities Litigation
 Reform Act of 1995).  Because such statements are subject to risks and
 uncertainties, including the Company's ability to complete the distribution of
 newly issued shares to shareholders, the Company's ability to regain
 compliance with Nasdaq's minimum bid requirement, the inherent volatility and
 unpredictability of the stock market generally and of the stock prices of
 technology companies in particular and uncertainty with respect to the effect
 of reverse stock splits on stock pricing, results may differ materially from
 those expressed or implied by such forward-looking statements.  Investors are
 also encouraged to read the "Risk Factors" section of the Company's Annual
 Report on Form 10-K for the year ended June 30, 2000, and the Company's
 Quarterly Reports on Form 10-Q for the quarters ended September 30, 2000 and
 December 31, 2000, which are on file with the Securities and Exchange
 Commission.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X27559448
 
 SOURCE  Ross Systems, Inc.