KAHN RESIGNS AS BORLAND DIRECTOR
Cites Increasing Demands of New Business
SCOTTS VALLEY, Calif., -- Nov. 7, 1996 -- Borland International Inc. today announced the resignation of Philippe Kahn as a director of the company. Borland said that Mr. Kahn's resignation was due to the increased demands of his new business, Starfish Software.
William F. Miller, chairman of the board of Borland, praised Mr. Kahn for his years of service and dedication to the company.
"As the founder, CEO and director, he has contributed a great deal to this company over the years," Dr. Miller said. "Our challenge, going forward, is to reform Borland into the industry force it was during Philippe's early years with the company. I know I speak for management and the board when I say that we are all committed to making this happen."
Borland: Making Development Easier
Forward looking statements in this release, including but not limited to, those concerning Borland's future financial performance, product availability dates, and the potential features of or benefits to be derived from the Company's products, involve a number of uncertainties and risks. Factors that could cause actual events or results to differ materially include, among others, the following: possible disruptive effects of organizational or personnel changes, shifts in customer demand, market acceptance of the Company's new or enhanced products, delays in scheduled product availability dates, actions or announcements by competitors, software errors, general business conditions and market growth rates in the client/server and Internet software markets, and other factors described in the Company's S.E.C. reports on forms 10-K, 10-Q, 8-K and the Borland prospectus relating to the acquisition of Open Environment Corporation.
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