Compuware Named to NASDAQ’s Global Select Market

Inclusion Is a Mark of Achievement and Stature

Compuware Recognized as Model of Leadership and Having Met Highest Standards of Any Market in the World

New Index Will Be Created to Track the NASDAQ Global Select

DETROIT--July 3, 2006--Compuware Corporation (NASDAQ: CPWR) today announced that it is included in the new NASDAQ Global Select Market. The NASDAQ Global Select Market has the highest initial listing standards of any exchange in the world based on financial and liquidity requirements. Prior to the change, the company had been listed on the NASDAQ National Market.

Approximately one-third, or 1,200, of NASDAQ’s 3,200 listing companies qualify for the Global Select Market, which reflects the diversity of NASDAQ as a whole, in terms of market cap and across industry sectors. Inclusion in this Market is a mark of achievement and stature for qualified companies, which are considered models of leadership that have met the most stringent initial financial listing standards ever set by a stock market.

Beginning today, July 3, NASDAQ-listed companies will be classified under three listing tiers--NASDAQ Global Select Market, NASDAQ Global Market, and NASDAQ Capital Market. NASDAQ also plans to launch indexes based on these new tiers.

"Compuware is an example of an industry leader that has achieved superior listing standards, which clearly defines the essence of the NASDAQ Global Select Market," said Bruce Aust, Executive Vice President, Corporate Client Group. "NASDAQ is focused on leading a race to the top in terms of listing qualifications. In recognizing these companies, we are highlighting their achievement in meeting the requirements to be included in the market with the highest listing standards in the world."

Compuware to Announce First Quarter, Fiscal Year 2007 Results on July 20

Compuware will report results for its first quarter, fiscal year 2007--ended June 30, 2006--after market-close on July 20, 2006. The company will also hold a conference call to discuss these results at 5:00 p.m. Eastern time (21:00 GMT) on July 20.

In order to access the conference call, interested parties from the United States should call 877-531-2986. For international access, the conference call number is +1-612-288-0318. No password is required.

A conference call replay will also be available. The United States replay number will be 800-475-6701, and the international replay number will be +1-320-365-3844. The replay passcode will be 833084. Additionally, investors can listen to the conference via webcast by visiting the Compuware Corporation Investor Relations web site at http://www.compuware.com.

About NASDAQ

NASDAQ is the largest U.S. electronic stock market. With approximately 3,200 companies, it lists more companies and, on average, trades more shares per day than any other U.S. market. It is home to companies that are leaders across all areas of business including technology, retail, communications, financial services, transportation, media and biotechnology. NASDAQ is the primary market for trading NASDAQ-listed stocks. For more information about NASDAQ, visit www.nasdaq.com or the NASDAQ Newsroom at http://www.nasdaq.com/newsroom/.

Compuware Corporation

Compuware Corporation (NASDAQ: CPWR) maximizes the value IT brings to the business by helping CIOs more effectively manage the business of IT. Compuware solutions accelerate the development, improve the quality and enhance the performance of critical business systems while enabling CIOs to align and govern the entire IT portfolio, increasing efficiency, cost control and employee productivity throughout the IT organization. Founded in 1973, Compuware serves the world's leading IT organizations, including more than 90 percent of the Fortune 100 companies. Learn more about Compuware at http://www.compuware.com/.