In addition to using Borland’s ALM products internally, the agreement provides HP the opportunity to resell Borland’s portfolio and use the products to deliver application development services to clients around the world.
“We’re pleased that Borland will continue its strategic role in helping HP deliver world-class software and services,” said Erik Prusch, acting president and CEO of Borland. “HP is known for its innovation and high quality products, and Borland’s technology helps them capture requirements, manage change, and deliver software reliably on a global scale. Borland technology drives efficiency, visibility and control within software projects and delivers returns on investment that are unmatched in the industry.”
Founded in 1983, Borland (NASDAQ: BORL) is the leading vendor of Open Application Lifecycle Management (ALM) solutions – open to customers’ processes, tools and platforms – providing the flexibility to manage, measure and improve the software delivery process. To learn more about maximizing the business value of software, visit http://www.borland.com.
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This release contains “forward-looking statements” as defined under the U.S. Federal Securities Laws, including the Private Securities Litigation Reform Act of 1995 and is subject to the safe harbors created by such laws. Forward-looking statements may relate to, but are not limited to, financial performance and our ability to reduce costs and our ability to effectively execute our business in 2009. Such forward-looking statements are based on current expectations that involve a number of uncertainties and risks that may cause actual events or results to differ materially. Factors that could cause actual events or results to differ materially include, among others, the following: rapid technological change that can adversely affect the demand for Borland products and services, shifts in customer demand, shifts in strategic relationships, delays in Borland’s ability to deliver its products and services, software errors or announcements by competitors. These and other risks may be detailed from time to time in Borland periodic reports filed with the Securities and Exchange Commission, including, but not limited to, its latest Annual Report on Form 10-K and its latest Quarterly Report on Form 10-Q, copies of which may be obtained from www.sec.gov. Borland assumes no obligation to update its forward-looking statements. Information contained in our website is not incorporated by reference in, or made part of this press release.