INFORMATICA REPORTS FOURTH-QUARTER REVENUE OF $49.6 MILLION; FY2001 REVENUE OF $197.4 MILLION, UP 28% OVER FY2000

Annual growth driven by additions to enterprise analytics product line and by expansion of blue-chip customer base

REDWOOD CITY, California, January 24, 2002 - Informatica Corporation (NASDAQ: INFA), the leading provider of enterprise analytic software, today announced results for the fourth quarter and year ended December 31, 2001.

Revenues for the fourth quarter 2001 were $49.6 million, a 7% sequential increase from the $46.5 million reported in the third quarter of 2001 and a 3% decrease from the $51.4 million reported in the fourth quarter of 2000. Pro forma net loss for the fourth quarter was $1.5 million or $0.02 per share compared to a pro forma net loss of $7.6 million or $0.10 per share reported in the third quarter of 2001 and pro forma net income of $5.0 million or $0.06 per diluted share reported in the fourth quarter of 2000. Pro forma operating results discussed in this press release exclude charges related to the amortization of stock-based compensation, goodwill and other intangible assets, purchased in-process research and development, and for third quarter 2001 and fiscal year 2001 only restructuring charges of $12.1 million for facilities consolidation; all of these expenses are included in our U.S. generally accepted accounting principles (GAAP) results.

On a GAAP basis, the net loss for the fourth quarter of 2001 was $8.5 million or $0.11 per share compared to a net loss for the third quarter of 2001 of $27.0 million or $0.35 per share and a net loss for the fourth quarter of 2000 of $2.6 million or $0.03 per share.

Revenues for the fiscal year 2001 were $197.4 million, a 28% increase in revenues over the $154.1 million reported for fiscal year 2000. Pro forma net loss per share for fiscal year 2001 was $4.5 million or $0.06 per share compared to pro forma net income of $10.8 million or $0.13 per diluted share reported for fiscal year 2000. On a GAAP basis, the net loss for fiscal year 2001 was $45.0 million or $0.58 per share compared to a net loss of $13.5 million or $0.19 per share for fiscal year 2000.

"While the economy affected our short-term results, we're optimistic about the future based upon the continuing success of our platform products and encouraging feedback from the early adopters of our analytic applications." said Gaurav Dhillon, CEO of Informatica. "In 2001 we added products and customers, and we saw the formation of an enterprise analytics market. The foundation we laid in 2001 positions us well for the eventual economic recovery."

During the fourth quarter, Informatica delivered on its enterprise analytics vision: a single, unified analytic infrastructure that enables companies to better analyze, measure and improve their operational effectiveness through metrics-driven management. Informatica Enterprise Analytics is a fully integrated software stack comprised of the world-standard data integration platform, the deepest and broadest analytic applications, and the widest deployment capabilities for corporate information consumers.

Informatica continued to build a blue-chip customer base. Leading players in key world markets, including manufacturing, pharmaceuticals, government, education, retail, aerospace, financial services, insurance, telecommunications, and entertainment, continue to drive adoption of the Informatica data integration platform as a world standard. As of Dec. 31, 2001, the Informatica customer base totaled 1465 and includes companies that represent 60 percent of all Fortune 100 companies and 63 percent of the companies included in the Dow Jones Industrial Average.

During the fourth quarter 2001, Informatica added 93 new customers and 96 repeat installations at leading companies across the globe. New adopters of Informatica products included APL Logistics, AARP, Biogen, Century Theaters, Danbury Mint, Dun & Bradstreet, Harvard University, Nestlé, Northwestern Mutual Insurance, the State of Virginia, Teleglobe, and Xcel Energy Marketing. Repeat customers in the fourth quarter included ACE Hardware, Amgen, AT&T, British American Tobacco, Cingular Wireless, CNA Healthpro, Commerzbank, Dynegy, eBay, Eli Lilly, General Electric, Goodyear, Internal Revenue Service, L'Oreal, Lucent Technologies, MetLife, Nokia, Ocean Energy, UBS, United Parcel Service, U.S. Air Force, Verisign, and Verizon.

Other significant milestones Informatica achieved in the fourth quarter and 2001 include:

• Delivered major new capabilities in Informatica PowerCenter 5 and Informatica Applications 5. The newest release of Informatica PowerCenter 5 is a next-generation data integration and analytic platform designed to meet the most demanding requirements of global companies. This high-performance data integration platform features a comprehensive architecture featuring new extensibility, scalable performance and real-time analytics capabilities. The company also delivered a new release of Informatica Applications designed to drive broad deployment of packaged enterprise analytics. Unique personalization and delivery features in this newest version of cross-value chain analytic applications include mobile delivery of metrics, analytic dashboards with pre-defined analytic workflows, and expanded analytics across the value chain.
• Introduced Informatica Analytic Delivery Platform. The new platform is the first and only comprehensive solution to enable Global 2000 organizations to deliver critical information via analytic dashboards to a broad range of corporate decision-makers, whether they are in the office or on the road. Based on J2EE infrastructure, the analytic delivery solution broadly delivers easy-to-use, intuitive navigation of key performance indicators, metrics, alerts and analytic dashboards via Web, wireless and voice interfaces.
• Extended Informatica enterprise data integration offering. The company delivered several companion products to Informatica PowerCenter. Informatica PowerChannel delivers secure, high-performance data interchanges across wide area networks (WAN) and corporate firewalls, and Informatica PowerConnects for mainframe and AS/400 ensure scalable, high-performance, and easy-to-implement solutions for direct, native access to business data stored in mainframe and AS/400 systems, respectively.
• Widened the Informatica partner ecosystem. Informatica expanded its OEM relationship with i2 Technologies, Inc., the leading provider of dynamic value chain solutions, and established several strategic partnerships with the leading enterprise application integration (EAI) software vendors-TIBCO, Vitria and webMethods.
• Launched Web-based Informatica Developer Network. A global program designed to drive rapid development of customer-oriented add-on solutions to the Informatica data integration platform, the Informatica Developer Network grew to more than 2100 members since its launch in April 2001.
• Broadened Informatica global operations. Informatica continued its international expansion in 2001 with the acquisition of its distributors in The Netherlands, Belgium and France. The company also signed a master distributor agreement with Softtek, the leading software services provider in Latin America.
• Recognized for market leadership, product excellence. Throughout 2001, Informatica received significant industry recognition, including Intelligent Enterprise Readership Awards for both Informatica PowerCenter and Informatica Applications; Crossroads A-list for Informatica Customer Relationship Analytics; and first prize at Giga's Emerging Technology Conference for Informatica Analytics Delivery Platform. Informatica and customer eBay were recognized with the CMP Media RealWare Award and TDWI Best Practices in Data Warehousing. DM Review also recognized the company as #12 on their top 100 companies list, while Intelligent Enterprise placed the company on their "Top Dozen" as well as "Hot Companies to Watch" lists. Gaurav Dhillon was honored as CEO of the Year by siliconindia magazine.

About Informatica

Informatica provides enterprise analytic software that enables decision makers to transform business insight into competitive advantage. Informatica offers the industry's only integrated enterprise analytics suite, including a powerful data integration platform, cross value chain analytic applications, and real-time delivery of analytics via Web, wireless and voice. More than 1,465 customers worldwide, including 60 percent of the Fortune 100, rely on Informatica software to integrate, analyze, personalize and deliver critical information to managers, executives and other decision makers to optimize business performance.

Our list of global customers includes 3Com, AMD, American Airlines, BMW, BP Amoco, Brocade, Brunswick, Cisco, Deutsche Bank, eBay, General Electric, France Telecom, Hewlett-Packard, MetLife, Motorola, Nestle, Nokia, Orbitz, Philips, Polo Ralph Lauren, Sprint, UBS, the U.S. Department of Justice, the U.S. Postal Service and Washington Mutual. For more information, call 1.650.385.5000 (1.800.970.1179 in the U.S.), or visit the Informatica Web site at http://www.informatica.com/.

Informatica will be discussing its fourth quarter and 2001 results on a conference call today beginning at 2:00 p.m. PST. A live Web cast of the conference call also will be available at http://www.informatica.com/investor. Playback of the call and Web cast will be available through 4:00 p.m. EST on Jan. 31, 2002.  The playback phone number is 800-633-8284, reservation number #20187301.

This press release contains forward-looking statements, including the statements regarding our outlook and prospects, the rate of adoption for our products, the outlook and prospects for our industry, and the effect of general economic conditions on our performance. Factors that could cause actual results to differ materially include continuing uncertainty regarding global economic conditions and the political environment, the pace of IT capital spending, the level of demand for our products, risks associated with new versions and new products and risks associated with rapid technological change, our ability to continue the partnerships described herein, the successful integration of our products with our partners' products, as well as additional risk factors outlined in our Annual Report on Form 10-K for the year ended December 31, 2000 and updated in our report on Form 10-Q for our quarter ended September 30, 2001. Informatica assumes no duty to update the information in this release.

Note: Informatica, Informatica PowerCenter, Informatica PowerChannel, and Informatica PowerConnect are trademarks or registered trademarks of Informatica Corporation. All other product names are trademarks or registered trademarks of their respective companies.

Contact:

Tara Calhoun
Director, Investor Relations
650-385-5059
ir@informatica.com

Deb Cromer
Vice President, Corporate Communications
650-385-5559
pr@informatica.com