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San Francisco, California - (Cheap Web Hosting Directory) - April 30, 2008 - Informatica enterprise data integration software and services firm, has unveiled a definitive agreement to acquire Nokia subsidiary, Identity Systems, Inc.

Identity resolution is designed to enable precise identity search and matching to find required critical information for individuals or organizations. This strategic acquisition will extend Informatica products with innovative, differentiated technology to search, match and resolve identity data about a variety of objects including people, companies and products.

Sohaib Abbasi, Chairman and CEO, Informatica noted, ”The combination of Identity Systems and Informatica will offer the most advanced data quality products. This combination advances our leadership in three ways. First, we will offer our customers additional innovative capabilities for identity search and resolution. Second, it will extend our data quality products with differentiated cross-language identity matching capabilities. And third, our customers will benefit from the near-universal access of our leading data integration platform to integrate their data including identity data. Together, we will further enable organizations to gain a competitive advantage in today’s global information economy by empowering them to access, integrate and trust their information assets.”

Informatica will acquire all of the capital stock of Identity Systems for approximately $85 million in cash. The acquisition is subject to customary closing conditions, and is expected to close by the end of May 2008.

Identity resolution is a key enabling technology for a broad range of IT initiatives including data governance, master data management, customer data integration, customer relationship management, government intelligence, law enforcement and financial applications such as anti-money laundering.

Globalization and e-commerce are leading to greater diversity of identity information in IT systems that requires cross-language capabilities. In addition, exploding data volumes dictate far greater scalability than the traditional matching technologies.

Identity Systems, the identity resolution category leader, delivers the most comprehensive set of ”fuzzy” algorithms, with built-in support for more than 60 languages, to enable precise identity search and matching, across immense volumes of data, in real-time.

Sanjay Rao, General Manager, Identity Systems remarked, ”We are excited and confident that our innovative solutions, strong partner ecosystem and global customer base will advance Informatica’s leadership in the data quality market. We look forward to becoming a part of the leading independent data integration software company.”

Most IT organizations hand-code their IT projects dealing with identity data. It is estimated that organizations annually spend more than $450 million on such projects. Identity Systems’ technology improves operational efficiency by automating the entire process dealing with language, nomenclature, structure, format, location, duplication, omissions and even errors.

In fact, Identity Systems delivers proven and differentiated value to customers and partners: accuracy, high-performance scalability and cross-language support.

Government intelligence agencies around the world rely on Identity Systems’ accuracy and precision to meet their stringent requirements. A leading data service bureau benefits from Identity Systems high-performance scalability for processing 12 million transactions per day using 2.6 billion records stored in 18,000 files. Finally, Hewlett Packard selected Identity Systems to utilize the comprehensive cross-language support for customer identity data required by their operations in 178 countries.

More than 500 customers worldwide rely on Identity Systems solutions including leaders in public sector, financial services, law enforcement homeland security, healthcare and telecommunications. These customers include U.S. Internal Revenue Service, Hong Kong Customs, GE Capital, British Telecom, AT and T, Equifax and Experian.In addition, Identity Systems’ partners include Oracle/Siebel, Dun and Bradstreet and Choicepoint.

Informatica Corporation is a provider of enterprise data integration software and services. Informatica’s goal is to provide organizations with greater business value by integrating all their information assets from across the enterprise. More than 2,790 companies worldwide rely on Informatica to reduce the cost and expedite the time to address data integration needs of any complexity and scale. The company provides services in the following areas: Equity Research, Institutional Sales and Trading, Merger and Acquisition Advisory, Public Company Financing, Private Company Financing, and Corporate Services.

To learn more about Informatica Corporation, please visit: www.informatica.com.

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