SCIENCE

PALO ALTO, CA -- Informatica Corporation (Nasdaq: INFA), a leading provider of enterprise analytic software, today announced financial results for the second quarter ended June 30, 2001. Revenues for the second quarter of 2001 were $47.1 million, compared to $33.9 million in the corresponding quarter of 2000 and $54.0 million recorded in the first quarter of 2001. Net loss for the 2001 quarter, excluding non-operating charges of $7.1 million related to the amortization of goodwill and other intangible assets and stock-based compensation, was $431,000 or $0.01 per share. Revenues were $101.2 million for the six-month period ending June 30, 2001, compared to $59.8 million in the same period of 2000. Excluding non-operating charges related to the amortization of goodwill and other intangible assets, stock-based compensation and purchased in-process research and development, net income for the six months ended June 30, 2001 was $4.6 million, or $0.06 per share, compared to $3.4 million, or $0.04 per share for the six months ended June 30, 2000. Including non-operating charges related to amortization of goodwill and other intangible assets, stock-based compensation and purchased in-process research and development, net loss for the second quarter was $7.5 million or $0.10 per share, compared to a net loss of $4.2 million or $0.06 per share for the second quarter of 2000. Net loss for the six months ended June 30, 2001 was $9.5 million, or $0.12 per share, compared to a net loss of $3.5 million, or $0.05 per share for the six months ended June 30, 2000. "We grew our products and customer base and saw healthy repeat business in a slower economic environment," said Gaurav Dhillon, CEO of Informatica. "While the economy will continue to be a challenge in the short-term, we believe it creates an opportunity for the strong to get stronger and benefit when the economic climate improves."