Acquisition of NetIQ Complete; NetIQ, AttachmateWRQ Now Doing Business as Attachmate

Attachmate Corporation today announced that the
acquisition of NetIQ Corporation is complete. Under terms of the
agreement, NetIQ shareholders received $12.20 per share in cash. Based
on the number of shares of NetIQ common stock and common stock options
outstanding on April 27, 2006, the transaction is valued at
approximately $495 million. With the close of the transaction, NetIQ
is no longer publicly traded.
Attachmate, formerly known as AttachmateWRQ, with NetIQ, is a $400
million company serving more than 40,000 customers in over 60
countries, with near complete penetration of the Global 10,000. As a
combined organization, Attachmate is uniquely positioned to provide
enterprise software that allows customers to extend mission-critical
services and assure that they are managed, secure and compliant.
"The acquisition of NetIQ underscores our focus on providing our
customers with the best products and most exceptional support in the
industry," said Jeff Hawn, chairman, president and CEO of Attachmate.
"With our expanded resources and scale, we will continue to innovate
and be the provider our customers can count on for a wealth of IT
solutions."
Attachmate, headquartered in Seattle, Wash., has a global
footprint with over 85 offices around the world. The NetIQ business
unit is centered in Houston, Texas under the leadership of Logan Wray,
senior vice president of acquisitions at Attachmate and general
manager of the NetIQ business unit, and Marc Andrews, senior vice
president at Attachmate and chief operating officer of the NetIQ
business unit.
Attachmate(R) product families span host connectivity, systems and
security management, and PC lifecycle management. The Company's
esteemed customer list includes Audi, Bank of America, Beverly
Healthcare, British Telecom, Cable and Wireless, DHL, ExxonMobil,
Fiat, Lockheed Martin, Lufthansa, Mary Kay Inc., the Mayo Clinic,
Merrill Lynch, NEC America, Raytheon, Red Robin, SEI Investments,
Telstra, T-Systems, the U.S. Navy and 1-800-Flowers.

About Attachmate

Attachmate, owned by an investment group led by Francisco
Partners, Golden Gate Capital and Thoma Cressey Equity Partners,
enables IT organizations to extend mission critical services and
assures they are managed, secure and compliant. Attachmate's leading
solutions include host connectivity, systems and security management,
and PC lifecycle management. Our goal is to empower IT organizations
to deliver trusted applications, manage service levels, and ensure
compliance by leveraging knowledge, automation and secured
connectivity. For more information, visit www.attachmate.com.

Copyright (C) 2006 Attachmate Corporation. All Rights Reserved.
AttachmateWRQ, the AttachmateWRQ logo, Attachmate and WRQ are either
registered trademarks or trademarks of Attachmate Corporation, in the
USA and other countries. All other trademarks, trade names, or company
names referenced herein are used for identification only and are the
property of their respective owners. NetIQ is a registered trademark
of NetIQ Corporation in the U.S. and other countries.