Borland Announces Results of 2005 Annual Meeting of Stockholders

SCOTTS VALLEY, Calif. - May 16, 2005 : Borland Software Corporation (Nasdaq NM: BORL) today announced results from its annual stockholder meeting held on May 13, 2005 in Cupertino, California.

Stockholders elected Mr. John F. Olsen and Mr. Gregory W. Slayton to the board of directors. Stockholders also approved an amendment to Borland's 2002 Stock Incentive Plan which, among other things, authorizes for issuance an additional 4,000,000 shares of common stock under the plan, prohibits repricing without stockholder approval and prohibits the use of loans to pay for option exercise price. Additionally, the stockholders approved an amendment to Borland's 1999 Employee Stock Purchase Plan which authorizes an additional 900,000 shares of common stock that may be issued under the plan.

The stockholders also approved an amendment to the Company's Restated Certificate of Incorporation to eliminate the classified board provisions. The proposal for board declassification was presented for a vote by the board of directors, which recommended its approval by stockholders.

Finally, stockholders ratified the selection of PricewaterhouseCoopers LLP to continue to serve as Borland's independent registered public accounting firm for the year ending December 31, 2005.

About Borland

Founded in 1983, Borland Software Corporation (NASDAQ: BORL) is a global leader in platform independent solutions for Software Delivery Optimization. The company provides the software and services that align the people, process, and technology required to maximize the business value of software. To learn more about delivering quality software, on time and within budget, visit http://www.borland.com.

Borland and all other Borland brand and product names are service marks, trademarks or registered trademarks of Borland Software Corporation in the United States and other countries. All other marks are the property of their respective owners.