Embarcadero Technologies, Inc. the leading provider of strategic data management solutions, and Thoma Cressey Bravo, a leading private equity investment firm, today announced here of their entrance into a definitive agreement under which Embarcadero will be acquired by an affiliate of Thoma Cressey Bravo in a transaction valued at approximately $200 million. In addition, the Embarcadero Technologies today announced also for selected preliminary results during the first quarter of fiscal 2007.

It has been stated under the terms of the agreement that the Embarcadero Technologies stockholders will receive $7.20 in cash in exchange for each share of stock. It is to be noted, that a majority of the board of directors of Embarcadero Technologies has approved of the merger agreement with recommendation to Embarcadero Technologies' stockholders about their votes in favor of the transaction.

Embarcadero Technologies, Inc. is renowned in delivering professional graded database tools used by companies to design, develop and manage databases and the data they contain. The company is in the possession of a huge network with more than 12,000 customers worldwide and over 90 of the Fortune 100 companies rely on Embarcadero's cross-platform tools for the diminution of complexity, to improve productivity and strengthen security. While Thoma Cressey Bravo is a reputed private equity investment firm providing equity and strategic support to experienced management teams building growing companies for more than 25 years.

Speaking on the occasion Mr. Michael J. Roberts, the Principal Director of Embarcadero Technologies, said, "Today's announcement is a positive outcome for Embarcadero and its stockholders. After a review of our strategic alternatives by our board, we concluded that entering into an agreement with Thoma Cressey Bravo represents the best alternative available to our stockholders at this time."

While being requested Managing Partner of Thoma Cressey Bravo, Mr. Orlando Bravo said, "Embarcadero Technologies has a tremendous franchise in the data management market with best-in-class technology, a world-class customer base and an experienced management team. We look forward to working with the Embarcadero team to enhance and extend their successful track record as a leading strategic data management vendor and deliver increased value for their customers."

The transaction is expected to be closed during Embarcadero Technologies' second quarter, subject to customary conditions, including regulatory approvals and approval by Embarcadero stockholders. It is also stated, that the close of the transaction is not subject to any financing contingency. While upon closing Embarcadero Technologies will no longer be publicly traded and the new company will be privately held by an affiliate of Thoma Cressey Bravo.