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BMC Software Files for Extension of Form 10-K Filing HOUSTON - (June 13, 2005) - BMC Software, Inc. [NYSE: BMC] today announced that it will file a 15-day automatic extension notification with the Securities and Exchange Commission relating to its Annual Report on Form 10-K for the fiscal year ended March 31, 2005. BMC Software will file for the automatic extension because it will not complete the preparation of its consolidated financial statements and management's assessment of internal controls over financial reporting as required by Section 404 of the Sarbanes Oxley Act by the initial filing date of June 14, 2005. The Company is rescheduling its fourth quarter fiscal 2005 earnings announcement and conference call to be concurrent with the filing of its Form 10-K on or before June 29, 2005. The Company expects to report fourth quarter results that are consistent with the preliminary estimates outlined in its May 23, 2005 press release. This news release contains both historical information and forward-looking information. The Company's expected financial results for the Company's March 2005 quarter and statements of plans, objectives, strategies and expectations for future operations and results, identified by words such as "believe," "anticipate," "expect," "estimate" and "guidance" are forward-looking statements. The preliminary estimates of the Company's financial results for the March 2005 quarter referenced in this press release are subject to change pending the Company's completion of its year-end procedures regarding its financial statements for the fiscal year ended March 31, 2005 and the completion of the audit of such financial statements by the Company's outside auditors. Numerous important factors affect BMC Software's operating results and could cause BMC Software's actual results to differ materially from the forecasts and estimates indicated by this press release or by any other forward-looking statements made by, or on behalf of, BMC Software, and there can be no assurance that future results will meet expectations, estimates or projections. These factors include, but are not limited to, the following: 1) BMC Software's revenues and earnings are subject to a number of factors, including the significant percentage of quarterly sales typically closed at the end of each quarter, that make estimation of operating results prior to the end of a quarter extremely uncertain; 2) BMC Software's operating costs and expenses are relatively fixed over the short term; 3) increased competition and pricing pressures could adversely affect BMC Software's earnings; 4) BMC Software's maintenance revenue could decline if maintenance renewal rates decline or if license revenues do not grow; 5) new software products and product strategies may not be timely introduced or successfully adopted; 6) BMC Software's quarterly cash flow from operations is and has been volatile and is dependent upon a number of factors described in BMC Software's filings with the SEC; 7) BMC Software's effective tax rate is subject to quarterly fluctuation and any change in such tax rate could affect the company's earnings; and 8) the additional risks and important factors described in BMC Software's quarterly reports on Form 10-Q and in its Annual Report on Form 10-K for the fiscal year ended March 31, 2004 and other filings with the SEC. BMC Software undertakes no obligation to update information contained in this release. About BMC Software BMC Software, Inc. [NYSE:BMC], is a leading provider of enterprise management solutions that empower companies to manage their IT infrastructure from a business perspective. Delivering Business Service Management, BMC Software solutions span enterprise systems, applications, databases and service management. Founded in 1980, BMC Software has offices worldwide and fiscal 2004 revenues of more than $1.4 billion. For more information about BMC Software, visit www.bmc.com.
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