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Compuware Realigns Certain Product Development Activities
Centralization to Reduce Costs, Increase Technical Synergy and IntegrationDETROIT--June 11, 2007--Compuware Corporation (NASDAQ: CPWR) today announced the realignment and centralization of a number of its product development activities. This action will reduce the company’s operating costs by approximately $25 million annually and will eliminate the positions of approximately 245 employees. Specifically, the company plans to:
"Compuware will continue to enhance and invest in these products, particularly in strategic solutions such as ApplicationVantage, DevPartner Studio and Uniface," said Compuware Chief Information Officer Chris Bockhausen. "The company has planned very carefully to ensure that it maintains a high level of service and technical support for all of its customers during and after this transition." Through this realignment, Compuware and its customers will benefit from increased technical synergy and integration as the company consolidates its application network performance expertise in Gdansk and its application delivery and application quality expertise in Detroit. This centralization will create a critical mass of talented and experienced developers, architects, technical communicators and business leaders to move these solutions forward. Compuware CorporationCompuware Corporation 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/.
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