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Quest to Acquire Imceda Software

09:36:35 - 29 April 2005

Quest Software, Inc. (www.quest.com), a provider of application, database and Windows management solutions, and Imceda™ Software, Inc., a privately-held leader in database administration and development products for SQL Server databases, today announced a definitive agreement for Quest to acquire Imceda.

The acquisition is valued at approximately $61 million, of which 20% will be paid in shares of Quest Software Common Stock and the balance will be paid in cash.

"I am excited about the strengths Imceda brings to Quest in the Microsoft SQL Server market," said Vinny Smith, chairman and CEO, Quest Software. "Imceda has a rich product line, complementary to Quest's current SQL Server diagnostic and management solutions."

With more than 3,000 licensed customers, Imceda's LiteSpeed is the market-leading rapid backup and recovery solution for SQL Server. LiteSpeed provides integrated compression and encryption in the backup process, which helps companies save thousands of dollars in storage costs and eliminate hours from traditional backup and restore times.

"Imceda is pleased to be joining such a significant leader in the heterogeneous database management industry," said Walter Scott, CEO, Imceda Software and Douglas Chrystall, founder and chief technology officer, Imceda Software.

Quest Software will discuss details of the Imceda Software acquisition on a special conference call for financial analysts, investors and the news media today, Tuesday, April 26, 2005 at 2:00 p.m. Pacific Time.

Quest Software is a leading provider of heterogeneous database management solutions for distributed systems including Oracle, SQL Server, DB2, Sybase and MySQL Network database platforms. Working to simplify and automate database management activities, Quest's award-winning products quickly find and fix SQL coding, space, and configuration problems for increased productivity and better database quality and performance.

Quest Software, Inc. delivers innovative products that help organizations get more performance and productivity from their applications, databases and infrastructure.

Imceda's software solutions offer faster database performance, easy implementation and the flexibility to implement change management and control documentation as well as performance analysis to increase scalability.

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