PRESS: INFORMIX ANNOUNCES FIRST QUARTER RESULTS

INFORMIX ANNOUNCES FIRST QUARTER RESULTS Revenues Increase 38% To $204 Million MENLO PARK, Calif. (April 15, 1996) -- Informix Corporation=20 (NASDAQ: IFMX) today announced results for the first quarter ended March=20 31, 1996. Revenues for the first quarter of 1996 were $204 million, up=20 38% from revenues of $148 million in the year earlier period. Earnings=20 per share for the quarter were $ .10. Merger-related charges reduced=20 earnings by approximately $ .04 per share. Earnings per share for the=20 same quarter of the prior year were $ .12. The results for Q1 1996 are=20 consistent with the range of revenues and earnings per share cited in=20 Informix's preliminary results announcement of April 7, 1996. Results for=20 the year earlier period (the quarter ended April 2, 1995) have been=20 restated to reflect the acquisition of Illustra Information Technologies,=20 Inc., in February, 1996. The acquisition is accounted for as a pooling of=20 interests. =09 "We accomplished a lot in the first quarter with a modest=20 shortfall in North American revenues but with continued strong growth in=20 Europe," said Phil White, Informix's chief executive officer. "We completed= =20 the acquisition of Illustra, continued our record-setting TPC results,=20 and announced Informix's Universal Server, which we expect to ship later=20 this year. We continue to be the company with the highest database=20 license revenue growth rate in the industry: our database license revenue=20 increased 52% in the first quarter, compared with the first quarter of= 1995." Summary Financial Results Quarter Ended Quarter Ended =09 March 31, 1996 April 2, 1995 =09 Revenue $204,021,000 $148,037,000 =09 Operating Income $ 23,302,000 $ 26,326,000 =09 Pretax Income $ 25,224,000 $ 27,978,000 =09 Net Income $ 15,891,000 $ 17,646,000 =09 Net Income Per Share $ 0.10 $ 0.12 =09 Total revenue in the first quarter increased by 38% in comparison=20 with Q1 1995 results. The reported revenue increase includes the net=20 impact of foreign exchange rate movements, which reduced the reported=20 revenue growth rate by 1%. =09 Revenue by region is as follows: North American revenues=20 increased by 32% to $81,023,000 during the first quarter, European=20 revenues increased by 41% to $84,830,000 and Intercontinental region=20 revenues increased by 44% to $38,168,000. =09 Informix ended the first quarter with approximately $253 million=20 in cash and investments and no short or long term borrowings. Days sales=20 outstanding in accounts receivable were 82, compared with 74 at the end=20 of the first quarter of 1995. =09 During the first quarter Informix announced a record setting=20 TPC-C benchmark on Digital Equipment Corporations 64-bit AlphaServer 8400=20 5/350 system. INFORMIX(R)=AE-OnLine Dynamic Server(TM) 7.2 delivered 13,646= =20 tpmC at an outstanding price/performance level of $277/tpmC. This result=20 significantly exceeds those of Informix's major competitors.=20 =09 During the first quarter Medaphis Information Management selected=20 Informix to support its healthcare data warehouse that maintains and=20 manages data for Medaphis thousands of healthcare providers. Medaphis is=20 a provider of business and information management services to=20 approximately 15,000 physicians and 600 hospitals. About Informix =09 Informix Software, based in Menlo Park, Calif., provides=20 innovative database technology that enables the world's leading=20 corporations to manage and grow their business. Informix is widely=20 recognized as the technology leader for corporate computing environments=20 ranging from workgroups to very large OLTP and data warehouse=20 applications. Informix's database servers, application development tools,=20 superior customer service, and strong partnerships enable the company to=20 be at the forefront of many leading-edge information technology solution=20 areas. =09 With the acquisition of Illustra Information Technology's=20 completely extensible database technology, Informix is now positioned as=20 the first information management company capable of meeting the market's=20 exploding need for a sophisticated database engine that combines=20 enterprise scalability, robustness and parallel processing with the=20 ability to store, retrieve, manage and manipulate virtually any kind of=20 rich content data. You can receive press releases via fax machine by=20 dialing 800-356-0851 or visit our web site at http://www.informix.com. ### (C)1996. The following are worldwide trademarks of Informix Software,=20 Inc., Informix Corporation, or their subsidiaries, registered in the=20 United States of America as indicated by "(R)" and in numerous countries=20 worldwide: Informix=AE and Illustra. All other names or marks may be=20 registered trademarks or trademarks of their respective owners. This press release contains forward-looking information within the=20 meaning of Section 27A of the Securities Act of 1933 and Section 21E of=20 the Securities Exchange Act of 1934, and is subject to the safe harbor=20 created by those sections. Informix assumes no obligation to update the=20 information contained in this press release. Informix's future results can be impacted by a number of factors including= =20 but not necessarily limited to the following, any of which could cause=20 actual results to vary materially from Informix's anticipated future=20 results: 1)Informix's operating results can vary substantially from period= =20 to period. The timing and amount of Informix's revenues are subject to a=20 number of factors that make estimation of operating results prior to the=20 end of a quarter extremely uncertain. 2)Competition for Informix's=20 products is extremely competitive and there can be no assurance that=20 Informix's current products will remain competitive, or that Informix's=20 development efforts will produce products with the cost and performance=20 characteristics necessary to remain competitive. The market for Informix=20 products and services is characterized by rapidly changing technology and=20 frequent new product introductions. Informix's success will depend on its=20 ability to enhance its existing products and to introduce new products on=20 a timely and cost effective basis. 3)Informix recently announced that it=20 has completed its merger with Illustra Information Technologies.=20 Achieving the anticipated benefits of the merger will depend in part upon=20 whether the integration of the companies businesses is achieved in an=20 efficient and effective manner and there can be no assurance that this will= =20 occur. 4)The market for Informix's common stock is highly volatile. 5)The=20 risk factors listed from time to time in Informix's SEC filings,=20 including but not limited to the annual report on Form 10-K for the year=20 ended December 31, 1995, (Part II, Item 7) and the Registration=20 Statement on Forms S-4 and S-3 filed in January, 1996 (see=20 Risk Factors sections).