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Borland Delivers Double Digit Year-over-Year Revenue Growth

Company Closes Record Number of Million Dollar Wins

SCOTTS VALLEY, Calif. - Oct 21, 2004 : Borland Software Corporation (Nasdaq:BORL), the global leader in platform-independent solutions for software delivery optimization, today announced financial results for its third quarter of 2004.

Revenues for the third quarter of 2004 were $77.6 million, up 10% from $70.6 million reported in the third quarter of 2003. GAAP net loss for the third quarter of 2004 narrowed to $160,000, or $(0.00) per share, as compared to a GAAP net loss of $12.2 million, or ($0.15) per share, reported in the third quarter of 2003.

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