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Software AG will designate 11 representatives to serve on webMethodsÂ' board ofdirectors, giving Software AG majority board representation. webMethodsÂ' currentboard members will remain on the webMethods board until the merger between thecompanies is completed.
Speaking on the acquisition, Mr. Mohammed Al Fardan, Managing Director  Middle Eastand North Africa, Software AG Middle East, said, "We are pleased that Software AGand webMethods are one company now. This will mean that we can provide our MiddleEast customers with all that they need to put them on the SOA map. Software AG cannow boast of a strong industry-leading Service-Oriented Architecture (SOA) andBusiness Process Management (BPM) product portfolio and we can now offer ourcustomers in the Middle East a wider choice in world-class SOA solutions."
Software AG also commenced a three business day subsequent offering period for allremaining webMethods shares. During the subsequent offering period, webMethodsshares were accepted for payment as they were tendered at the same offer price paidduring the initial offer period of $9.15 per share in cash. The subsequent offeringperiod expired at 12:00 midnight, New York City time, on Thursday, May 31, 2007.
About Software AGSoftware technology to increase the value of enterprise IT systems. Software AG isa global leader in mission-critical software infrastructure solutions based on openstandards. At the forefront of advanced Service-Oriented Architecture (SOA),Software AG enables customers to create powerful enterprise applications  especially in heterogeneous IT environments. Software AGÂ's products Adabas,Crossvision, Natural and Tamino help more than 3,000 customers uncover the fullpotential of their IT and add value to existing systems. With technology from Software AG, enterprisescan: create flexible business applications and processes; extend the value and lifeof core systems; manage data effectively across the enterprise; and control andgovern their Service-Oriented Architecture.
Software AG has more than 35 years of global IT experience and over 2,600 employeesserving customers in 70 countries. The company is headquartered in Germany and listed on the Frankfurt Stock Exchange(TecDAX, ISIN DE 0003304002 / SOW). Software AG posted total revenues of Ââ483 million (unaudited) in 2006.www.softwareag.com
Thi s press release is for informational purposes only and is not an offer to buy orthe solicitation of an offer to sell any securities. The solicitation and the offerto buy shares of webMethods common stock are being made pursuant to an Offer toPurchase and related materials that Software AG, Software AG, Inc. and WizardAcquisition, Inc. filed with the SEC on Schedule TO on April 18, 2007. ASolicitation/Recommendation statement with respect to the tender offer has beenfiled by webMethods with the SEC. Investors and security holders may obtain copiesof the tender offer statement and Solicitation/Recommendation statement at thewebsite maintained by the SEC at www.sec.gov. In addition, the tender offerstatement and other documents filed with the SEC by Software AG are available freeof charge by contacting Morrow & Co., the information agent for the tender offer,toll free at (800) 662-5200 or by e-mail at tender.info@morrowco.com, and theSolicitation/Recommendatio n statement and other documents filed with the SEC bywebMethods are available free of charge by contacting webMethods Investor Relationsat (703) 460-5822. Stockholders and other investors are urged to read carefullythose materials prior to making any decisions with respect to the offer.
