MERANT Management Team Adds Stephen King; Former Terayon Executive Named Senior Vice President and General Manager

Business Wire, Feb 5, 2002

Business Editors/Hi-Tech Writers

HILLSBORO, Ore.--(BUSINESS WIRE)--Feb. 5, 2002

MERANT (London Stock Exchange (LSE:MRN); Nasdaq National Market (NASDAQ:MRNT)), a leading provider of software solutions for enterprise change management, today announced the appointment of Stephen King as senior vice president and general manager.

Responsible for product development, branding, positioning and overall corporate marketing direction and strategy, King will report directly to MERANT chief executive officer (CEO), Gerry Perkel.

Adding to the strength of MERANT's growing management team in the Northwest, King's is the latest appointment in a 120-day period, which includes the addition of Perkel; Scott Hildebrandt, the Company's chief financial officer; Robert Blaskowsky, chief information officer; Diane Williams, vice president of human resources and Brian Unruh, vice president of finance.

An honors graduate of the London School of Economics, Mr. King joins MERANT with more than 20 years of digital media and telecommunications experience. Most recently, King led Terayon Communications Systems's broadband solutions group. Instrumental in growing the business by over 20% per quarter, King saw revenues rise to $280 million during his tenure.

Prior to Terayon, King served as the chief operating officer at digital video startup, Imedia Corporation, which was later acquired by Terayon. King has also held key positions with Tektronix and started his career as a software engineer in the U.K.

Fully committed to maintaining its position as a technology leader in the Pacific Northwest, MERANT has carefully selected King to oversee all product operations and corporate marketing initiatives and directives, in conjunction with near and long-term management goals.

"We are excited about the depth and breadth of general management experience Stephen brings to the table," said Gerry Perkel, CEO and president, MERANT. "We are confident his proven track record in growing and transforming businesses will translate into remarkable successes for us as a company. MERANT is looking forward to his valuable insight and strategic directives based on his extensive experience in high-growth technology companies."

About MERANT

With over 25 years of experience, MERANT helps customers at over 30,000 sites worldwide, including the majority of the Global 2000, improve their ability to manage change to enterprise digital assets -- applications, code and content. Delivering the broadest coverage of digital assets, unsurpassed scalability and end-to-end change management, MERANT PVCS is the comprehensive enterprise change management platform customers use to make change a competitive advantage. For additional information, visit www.merant.com.

PVCS is a registered trademark, and MERANT is a trademark of MERANT. All other trademarks are the property of their respective owners.