Media Relations Contact :
Michelle Chase
Embarcadero Technologies
michelle.chase@embarcadero.com
Tel : 303-284-8440

Senior vice president of operations promoted to president and CEO

San Francisco - June 27, 2007 - Embarcadero Technologies, Inc. announced that the $200 million go-private transaction with Thoma Cressey Bravo has been completed. As a private company, Embarcadero will have the resources and flexibility to accelerate the development of its award-winning database management tools resulting in improved responsiveness to customer needs and a revitalized role as a leader in the database management industry.

Embarcadero was founded in 1993 and quickly established itself as a market leader with its cross-platform database management tools. The company went public in April 2000, and celebrated one of the most successful initial public offerings by a software company that year. Today, the company serves more than 12,000 customers internationally, including over 90 of the Fortune 100.

"Embarcadero is responsible for developing some of the most valuable database tools on the market and as a result, has built a tremendous worldwide customer base," said Orlando Bravo, managing partner of Thoma Cressey Bravo. "Our investment and strategic support will reinforce Embarcadero's long-time reputation of delivering high quality products that provide an immediate boost in productivity for today's database professional."

Throughout the second half of this year, Embarcadero will announce major releases of its core database products that will extend the company's cross-platform support and deliver greater functionality. The company will also unveil two new database management products which are built upon progressive open source technologies - Eclipse and XML.

Also announced today, Raj Sabhlok has been promoted to president and chief executive officer (CEO) of Embarcadero Technologies. Sabhlok joined the company in 2000, and has held a number of executive management roles at Embarcadero. Most recently, he served as senior vice president of operations.

"This signals the beginning of a powerful relationship with Thoma Cressey Bravo which gives us the resources to accelerate development of our cross-platform database tools as well as enhance our relationships with our customers," said Raj Sabhlok, president and CEO of Embarcadero Technologies. "As a private company, backed by one of the most successful private equity investment firms, we will be very aggressive in expanding our portfolio of database tools and growing our market share."

About Embarcadero Technologies
Embarcadero Technologies, Inc. delivers professional grade database tools that companies use to design, develop and manage databases and the data they contain. More than 12,000 customers worldwide and over 90 of the Fortune 100 rely on Embarcadero's cross-platform tools to reduce complexity, improve productivity and strengthen security. The company's flagship database tools include: ER/Studio, DBArtisan, Rapid SQL and Change Manager. Founded in 1993, Embarcadero is headquartered in San Francisco with offices in Melbourne, Australia, Munich, Germany and Maidenhead, United Kingdom. For more information, visit www.embarcadero.com.

About Thoma Cressey Bravo
Thoma Cressey Bravo, Inc. is a leading private equity investment firm with more than 25 years of experience in building successful companies. The firm has invested in many industry sectors and currently specializes in the software, healthcare, business and financial services and consumer industries. In the software industry, Thoma Cressey Bravo's portfolio of companies represents total earnings in excess of $400 million. The firm currently manages approximately $2 billion of equity capital. For more information on Thoma Cressey Bravo, visit www.tcb.com.

Embarcadero, the Embarcadero Technologies logos and all other Embarcadero Technologies product or service names are trademarks of Embarcadero Technologies, Inc. All other trademarks are property of their respective owners.