Borland Contributes to Productivity and Efficiency at Raymond James

Borland® StarTeam® Powers Centralized IT Document Management System; Company To Roll Out Additional Borland Open ALM Solutions as Part of Long-Term IT Transformation Strategy

Cupertino, Calif - Jul 17, 2007 : Borland Software Corporation (NASDAQ: BORL, www.borland.com), a global leader in Open Application Lifecycle Management (ALM), today announced that Raymond James Financial, Inc. (NYSE-RJF) is successfully using Borland® StarTeam® to power a new, custom-built document management system that has enhanced IT project visibility, team collaboration and overall organizational productivity.

The company is also in the process of implementing additional Borland Open ALM solutions as part of a long-term IT transformation strategy designed to establish more consistent processes and tool automation across the software delivery lifecycle. Raymond James has been aggressive in its efforts to optimize processes in its IT Department so that it may more efficiently deliver the products and services that drive its competitive advantage.

"Borland's technology promotes a new level of sharing and re-use across projects that will ultimately lead to improved predictability in our organization's project output," said Sue Desiderio, manager in software engineering at Raymond James. "In the past, it was more difficult to maintain consistency in project documentation management. Borland's Open ALM solutions will save us a great deal of time in researching and transferring knowledge between teams and across projects."

Raymond James, a Florida-based diversified holding company providing financial services worldwide, employs more than 4,650 financial advisors serving approximately 1.6 million accounts in 2,200 locations throughout the United States, Canada, and overseas.

With more than 50 active technology projects underway at any given time – each generating its own library of documents originating in applications such as Visio®, Word and Excel® – the company needed a centralized repository to store, view and download project-related documents as well as a platform for collaboration, approvals, document change tracking and version control. The company also needed to ensure it was capturing, archiving and auditing all changes and versions of project-related documents to satisfy compliance mandates.

Raymond James chose to implement Borland StarTeam, the company's software change and configuration management offering and a core component of its Change Management solution, as the foundation for a new custom-built document management system. The Wed-based system utilizes Borland StarTeam to establish a centralized repository for all IT project documents and artifacts.

"With a single location for all project documents, we can apply a level of consistency and organization to how projects are managed that didn't exist before," said Desiderio. "The system has made our lives easier and will help maintain the quality of service our clients have come to expect from us."

Utilizing Borland StarTeam's broad operating system and third party tool support, Raymond James was able to integrate the system with their existing technologies and deploy the system in just four months. Today, the system has been adopted by over 350 business and technical users, upgrading communication, collaboration, and traceability between IT project teams. The system has also helped the IT Department increase team productivity and efficiency by streamlining and automating the process of reviewing, approving and sharing project-related documents. In addition, Borland StarTeam's version tracking and change control capabilities have helped to ensure that Raymond James retains all of the proper auditing and controls for regulatory compliance.

Additionally, as part of Raymond James' long-term IT transformation strategy, the company is currently rolling out Borland CaliberRM™ and Borland Caliber® DefineIT™ to automate the requirement elicitation and management process, and to act as a single repository for all IT project requirements across the organization. The company has also selected Borland Together® to provide visual modeling for software architecture design.
About Raymond James Financial, Inc.

Raymond James Financial (NYSE-RJF) is a Florida-based diversified holding company providing financial services to individuals, corporations and municipalities through its subsidiary companies. Its three principal wholly owned broker/dealers, Raymond James & Associates, Raymond James Financial Services and Raymond James Ltd. have more than 4,650 financial advisors serving 1.6 million accounts in 2,200 locations throughout the United States, Canada and overseas. Total client assets are approximately $208 billion. Approximately $36.3 billion are managed by the firm's asset management subsidiaries.
About Borland

Founded in 1983, Borland (NASDAQ: BORL) is a leading vendor of Open Application Lifecycle Management (ALM) solutions – open to customers' processes, tools and platforms – providing the flexibility to manage, measure and improve the software delivery process. To learn more about maximizing the business value of software, visit http://www.borland.com.

Borland, StarTeam, CaliberRM, Caliber, DefineIT, Together and all other Borland brand and product names are service marks, trademarks or registered trademarks of Borland Software Corporation or its subsidiaries in the United States and other countries. Visio, Excel and all other Microsoft brand and product names are service marks, trademarks or registered trademarks of Microsoft Corporation or its subsidiaries in the United States and other countries. All other marks are the property of their respective owners.
Safe Harbor Statement

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