Management will host a conference call to review today's announcement
beginning today, July 1, 2002, at 2:00 p.m. Pacific Time,
5:00 p.m. Eastern Time
CUPERTINO, Calif., July 1 /PRNewswire-FirstCall/ --
Rational Software Corporation(R)(Nasdaq: RATL), today announced that, based on
preliminary analysis, the company expects to report revenues for the quarter
ending June 30, 2002 of between $150 million and $154 million, and pro-forma
earnings in the range of $0.03 to $0.04 per share. Prior to this announcement,
the company had forecasted revenue to be in the range of $160 million to $170
million and pro-forma earnings in the range of $0.05 to $0.06 per share.
Management will provide revenue and earnings guidance for the remainder of
fiscal year 2003 on the regularly scheduled first quarter earnings conference
call on July 18, 2002.
Management will host a conference call to review today's announcement
beginning at 2:00 p.m. Pacific Time, 5:00 p.m. Eastern Time today, July 1,
2002. Domestic parties may access the call by dialing 1-800-230-1059.
International parties may access the call by dialing 1-612-234-1002. The pass
code for both dial-in numbers is RATIONAL.
For those unable to participate in the live call, a replay will be
available at 1-800-475-6701 for domestic callers and 1-320-365-3844 for
international callers. The access code is 644289.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010417/RATLLOGO )
About Rational Software Corporation
Rational Software provides a software development platform that improves
the speed, quality, and predictability of software projects. This integrated,
full lifecycle solution combines software engineering best practices, market-
leading tools, and professional services. Ninety-six of the Fortune 100 rely
on Rational tools and services to build better software, faster. This open
platform is extended by partners who provide more than 500 complementary
products and services. Founded in 1981, Rational is one of the world's largest
software companies, with revenues of $689.8 million in its twelve months ended
March 31, 2002, and over 3,500 employees worldwide. Rational is a member of
the S&P 500 Index and a component of the Nasdaq-100 Index(R). Additional
information is available at http://www.rational.com and http://www.therationaledge.com, the
monthly e-zine for the Rational community.
This press release contains certain "forward-looking" statements within
the meaning of the Private Securities Litigation Reform Act of 1995. These
statements are based on management's current expectations and are subject to
uncertainty and changes in circumstances. Actual results may vary materially
from the expectations contained herein. The forward-looking statements
contained herein include statements relating to our financial and operating
results for the quarter ended June 30, 2002. Factors that could cause actual
results to differ materially from those described herein include, among other
factors, the process of calculating and reviewing the final financial results
for the quarter and those items set forth in the reports filed by Rational
Software with the Securities and Exchange Commission. Rational Software is
under no obligation to (and expressly disclaims any such obligation to)
further update or alter its forward-looking statements, whether as a result of
new information, future events or otherwise.
Contacts:
Press:
Bill Durling, Director of Corporate Communications
(781) 372-5886
bdurling@rational.com
Financial:
David J. Henshall, Chief Financial Officer
(408) 863-4500
SOURCE Rational Software Corporation
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Related links:
http://www.rational.com
Photo Notes:Newscom:
http://www.newscom.com/cgi-bin/prnh/20010417/RATLLOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, 888-776-6555 or 201-369-3467
CONTACT:
Bill Durling, Director of Corporate
Communications, +1-781-372-5886, bdurling@rational.com, or David
J. Henshall, Chief Financial Officer, +1-408-863-4500, both of
Rational Software
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