Compuware Corporation provides software products and professional services designed to increase the productivity of the information technology departments of businesses worldwide. 
The Company's software products enhance every step in the application life cycle, from application development and quality assurance to production readiness and availability, for mainframe and distributed platforms

Compuware Corporation Announces Final First Quarter Financial Results
DETROIT, July 26, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Compuware Corporation (Nasdaq: CPWR) today announced final financial results for its first quarter ended June 30, 2007.
"Despite a poor first quarter, I continue to expect great things for Compuware this fiscal year," said Compuware Chairman and CEO Peter Karmanos, Jr. "Based on a detailed analysis, the company has confirmed that it has a serious sales execution problem. In response, we have worked very hard to develop a new sales model that will cost less and will be more agile in responding to the needs of the marketplace and in fixing the company's problem."
First Quarter Fiscal 2008 Results
Compuware reports first quarter revenues of $279.4 million and net income of $189,000. Earnings per share (diluted computation) were break-even, based upon 305.6 million shares outstanding.
During the company's first quarter, software license fees were $47.3 million. Maintenance fees were $113.7 million. Revenue from professional services in the quarter was $118.4 million.
The company will host a conference call at 5:00 p.m. Eastern time (21:00 GMT) today to discuss these results. 

Compuware Corporation Announces Preliminary Financial Results
DETROIT, July 10 /PRNewswire-FirstCall/ -- Compuware Corporation (Nasdaq: CPWR) today announced preliminary financial results for its first quarter ended June 30, 2007.
Compuware expects fiscal 2008 first quarter total revenue of approximately $278 million, based on software license revenues of approximately $47 million, maintenance revenue of approximately $113.5 million and professional services revenue of approximately $117.5 million. The company expects break-even earnings per share this quarter.
"I'm extremely disappointed in the company's performance this quarter," said Compuware Chairman and CEO Peter Karmanos, Jr. "Compuware's comprehensive evaluation and restructuring of its business-while vital to the company's long-term ability to grow-distracted sales efforts during the quarter. Further compounding this issue, restructuring costs reduced net income for the quarter by $.04 per share. As the fiscal year progresses, I expect Compuware's transformational efforts to gain traction and to provide excellent leverage for improved results."
Compuware also announced today that President and Chief Operating Officer of Products, Hank Jallos, has resigned from his role at the company, effective immediately. In the near term, Mr. Karmanos will work closely with the product sales management team to improve results and to ensure a smooth transition in sales efforts.

The company will host a conference call to discuss its preliminary results at 5:00 p.m. Eastern time (21:00 GMT) today. Compuware will announce final results for its first quarter on July 26, 2007.
Compuware Earns 21 Cents Per Share in Q4, 45 Cents Per Share in FY '07 
Compuware Increases EPS More Than 20 Percent Year-over-year; Fiscal Year Total
                 Revenues Grow for First Time in Seven Years
DETROIT, May 15 /PRNewswire-FirstCall/ -- Compuware Corporation (Nasdaq: CPWR) today announced final financial results for its fourth quarter and fiscal year ended March 31, 2007. The company also announced that the Compuware Board of Directors has authorized management to extend the company's 10b5-1 share repurchase plan for three months to purchase up to 16 million additional shares of common stock.
"Compuware posted some noteworthy accomplishments in FY '07, including increases in total revenue and in earnings per share," said Compuware Chairman and CEO Peter Karmanos, Jr. "In terms of the company's key growth-drivers, Compuware improved its total distributed products revenue by nearly 13 percent, and Compuware Covisint produced a 65 percent increase in revenue. In the fiscal year ahead, I will continue to lead the company in implementing its plans for aligning costs with the business, for improving operational results and for buying back stock."
Fiscal Year 2007 Results
During the fiscal year ended March 31, 2007, revenues were $1.21 billion. Net income was $158.1 million for fiscal 2007, up more than 10 percent from $143.0 million in fiscal 2006. Earnings per share (diluted computation) were 45 cents, an increase of more than 21 percent from 37 cents in fiscal 2006, based upon 351.0 million and 387.6 million shares outstanding, respectively.
During fiscal 2007, software license fees were $283.4 million. Maintenance revenue was $457.6 million in fiscal 2007, up from $433.6 million in fiscal 2006. Professional services fees for fiscal year 2007 were $472.0 million.
Fourth Quarter Fiscal 2007 Results
Compuware reports fourth quarter net income of $67.5 million on revenues of $313.0 million. Earnings per share (diluted computation) were 21 cents, based upon 319.3 million shares outstanding.
During the company's fourth quarter, software license fees were $73.2 million. Maintenance fees were $117.7 million during the quarter, and fourth quarter revenue from professional services was $122.1 million.
    Fourth Quarter Fiscal Year 2007 Highlights
    During the fourth quarter, Compuware:

    -- Acquired privately held Proxima Technology. Proxima's Centauri product       enables IT organizations to overcome one of their most prevalent
       challenges: the inability to offer a clear business view of service       delivery.
    -- Showcased Compuware Vantage and its Application Service Management       capabilities at the LegalTech Conference. Compuware also announced that       Reed Smith, one of the world's largest law firms, implemented Compuware
       Vantage to proactively identify, resolve and prevent application
       performance problems.
    -- Launched Compuware Test Factory, a comprehensive quality assurance       solution designed specifically to create a more efficient approach for       delivering software testing services. Compuware Test Factory provides   outsourced testing service providers with a comprehensive and
       industrialized solution to help resolve a range of complex business       challenges, including those driven by rapid growth and increased
       competitive pressures.
    -- Announced with international IT services company Atos Origin the       worldwide implementation of the Compuware Test Factory solution. The
       solution will roll out over the next three years to standardize testing       tools, processes and procedures used by more than 20,000 Atos Origin
       employees worldwide. By using the Compuware Test Factory solution, Atos
       Origin will improve service quality, deliver cost reductions and enable
       faster and seamless transfer of activities to off-shore locations.
    -- Completed an agreement with CIGNA HealthCare to use Compuware
       Covisint's hosted IT infrastructure for standardizing and automating
       the exchange of clinical information between the carrier and its       contracted health care providers.
    -- Introduced Compuware Quality Management, which enables QA organizations        to deliver higher-quality applications by arming those organizations       with the tools they need to effectively implement and monitor their       quality process. This solution helps organizations progressively mature       and manage quality across the life cycle, accelerating the path to       Quality Governance.
    -- Introduced the company's Application Auditing solution, which uses       Compuware Hiperstation to address mainframe data and application
       security issues with internal, authorized users.
   -- Announced the general availability of Compuware Uniface 9.1, which       includes multiple enhancements that enable organizations to better and       more effectively develop and deploy enterprise applications in  virtually any environment, including Web, Windows, Unix or the
       Mainframe.
    -- Announced that two of its application delivery solutions -- Compuware        DevPartner Studio and Compuware DevPartner SecurityChecker -- were        honored as top products of 2006 by CRN Magazine and by Tech Target's
       SearchVB.com.
    -- Announced that it earned placement on Black MBA Magazine's "Top 50     Companies for Black MBAs to Work" list for the second consecutive year.       Compuware placed 33rd on the list, the second-highest placement for a
       high-tech firm.