INFORMATICA CORPORATION ANNOUNCES PRICING OF FOLLOW-ON PUBLIC OFFERING
PALO ALTO, Calif., September 27, 2000 - Informatica Corporation (NASDAQ: INFA) today announced it has priced the public offering of 2,500,000 shares of its common stock at $85 per share. Two million (2,000,000) of the shares in the offering are being offered by Informatica and 500,000 shares are being offered by certain selling stockholders. The underwriters have a 30-day option to purchase up to an additional 375,000 shares from the Company to cover over-allotments. The total net proceeds to Informatica from the offering will be approximately $161 million. Informatica will not receive any of the proceeds from the sale of shares by the selling stockholders.
The managing underwriters for the offering are Morgan Stanley Dean Witter, Credit Suisse First Boston, Robertson Stephens, Thomas Weisel Partners LLC and FAC/Equities.
The offer is made only by the final prospectus for the offering, copies of which may be obtained from the offices of Morgan Stanley Dean Witter, 1585 Broadway, New York, NY 10036, telephone (212) 761-4000, or Credit Suisse First Boston Corporation, 11 Madison Avenue, Attn: Prospectus Dept., New York, NY 10010-3629, telephone (212) 325-2000.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
NOTE: Informatica is a registered trademark of Informatica Corporation. All other company and product names may be trademarks of their respective owners.
Contact:
Tara Calhoun
Director of Investor Relations
Informatica Corporation
(650) 251-7025
tcalhoun@informatica.com
