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Technology Stocks : Wind River going up, up, up! -- Ignore unavailable to you. Want to Upgrade?

To: SteveG who wrote (5053)	4/26/1999 6:00:00 PM
From: stan s.	Read Replies (1) \| Respond to of 10309

Wind River Announces Additional Stock Repurchase Program ALAMEDA, CALIF. (April 26) BUSINESS WIRE -April 26, 1999--Wind River Systems (Nasdaq: WIND), today announced that its Board of Directors has authorized an increase of up to $25 million of additional stock repurchases. "Based on current market prices, we believe that the additional repurchases are a good investment of available funds," said Ronald A. Abelmann, the company's President and CEO. The repurchases will be made from time to time on the open market at prevailing market prices or in negotiated transactions off the market. These repurchases, which will be made in addition to the company's ongoing repurchases of $4.0 million per quarter, are expected to continue through the end of the current fiscal year unless extended or shortened by the Board. Wind River Systems, Inc. Wind River Systems, Inc., an ISO 9001 registered company, is the leading provider of integrated software development tools for real-time embedded applications in the Internet, telecommunications, data communications, office automation, networking, computer peripherals, medical, automotive, industrial, aerospace/defense and multimedia markets. Through the industry's most comprehensive product line and customer support, Wind River enables customers to develop and reuse application software across a variety of products and platforms, shortening development cycles and improving time-to-market. Incorporated in 1983, Wind River is headquartered in Alameda, California. Wind River reported revenues of $129.4 million in fiscal year 1999, a 40% increase from fiscal year 1998. This news release contains forward-looking statements that involve risks and uncertainties that could cause actual results or outcomes to differ materially from those contemplated by the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, fluctuations in the market price of the company's common stock and other factors described in the company's most recent Form 10-K and other periodic filing with the Securities and Exchange Commission. Wind River undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Note to Editors: Wind River Systems, and the Wind River Systems logo are registered trademarks of Wind River Systems, Inc.