Informatica 8-K Informatica Reports Record First Quarter Revenues of $135.1 Million

Exhibit 99.1

Contacts:	Debbie O’Brien	Stephanie Wakefield
	Corporate Communications	Investor Relations
	+ 1 650 385 5735	+1 650 385 5261
	dobrien@informatica.com	swakefield@informatica.com

INFORMATICA REPORTS RECORD FIRST QUARTER REVENUES OF $135.1
MILLION

Achieves 25 Percent License Revenue Growth

REDWOOD CITY, Calif., April 22, 2010 — Informatica Corporation (NASDAQ: INFA), the world’s number one independent provider of data integration software, today announced financial results for the first quarter ended March 31, 2010.

     Revenues for the first quarter of 2010 were $135.1 million, up 24 percent from $109.1 million recorded in the first quarter of 2009. License revenues for the first quarter were $55.0 million, up 25 percent from $44.1 million record in the first quarter of 2009. Income from operations for the first quarter, calculated in accordance with U.S. generally accepted accounting principles (GAAP), was $14.9 million, which reflected the impact of $3.6 million in acquisition-related costs. This compares to $15.0 million of GAAP income from operations in the first quarter of 2009.

     GAAP net income for the first quarter of 2010 was $11.8 million or $0.12 per diluted share, in comparison to $11.1 million or $0.12 per diluted share in the first quarter of 2009. For the three-month periods ended March 31, 2010 and March 31, 2009, earnings per diluted share is calculated on an “if converted” basis, including the add-back of $1.0 million and $1.1 million, respectively, of interest and convertible notes issuance cost amortization, net of applicable income taxes.

     Non-GAAP income from operations for the first quarter of 2010 was $30.2 million, up 28 percent from $23.6 million in the first quarter of 2009. Non-GAAP net income for the first quarter of 2010 was $21.1 million or $0.21 per diluted share, up over 16 percent from $17.1 million or $0.18 per diluted share in the first quarter of 2009. Non-GAAP income from operations and non-GAAP net income exclude charges and tax benefits related to the amortization of acquired technology and intangible assets, facilities restructurings, acquisitions

and other expenses, investment gains, and stock compensation. A reconciliation of GAAP results to non-GAAP results is included below.

     “To maintain operational efficiency and to become an early beneficiary of the economic recovery, enterprises require relevant, trustworthy, and timely data. With our broadest-ever product portfolio, Informatica enables the data-driven enterprise,” said Sohaib Abbasi, chairman and CEO, Informatica. “Our record Q1 results are a testament to our relentless pace of innovation guided by our clear technology vision.”

Significant milestones achieved since January 2010 include:

• Signed repeat business with 226 customers.Customers continue to derive considerable value from their investments in Informatica solutions. Repeat customers included Akbank, Health Management Systems, J.M. Smucker Company, Qatar Airways, State Grid Corporation of China, and the Veterans Benefits Administration.

• Added 133 new customers.Informatica increased its customer base to 4,064 companies including 44 new Informatica customers and 89 customers added through the acquisitions of Siperian and 29West. New customers included Arizona Public Service Company, Banco Central Chile, Chicago State University, MinSheng Life Insurance, Royal Berkshire NHS Foundation Trust, and Ryoka Systems.

• Acquired 29West.A pioneer in the Ultra Messaging technology category, 29West expands Informatica’s addressable market with this new category and advances Informatica’s technology leadership by providing the industry’s first platform for zero-latency data delivery and data integration.

• Announced first comprehensive Data Integration Marketplace.Building upon the company’s robust community of more than 52,000 developers on TechNet and over 400 partners, the marketplace will allow buyers and sellers to share and leverage data integration solutions. The Informatica Marketplace will offer solutions for Enterprise Data Integration, Data Quality, B2B Data Exchange, Application Information Lifecycle Management, Complex Event Processing, Cloud Data Integration, Ultra Messaging, and Master Data Management.

• Identified as a Leader in Information-as-a-Service.The Forrester Information-as-a-Service Vendor Evaluation cited Informatica as a “Leader” for its “good vision of data services” and continued innovation “with strong support for data services security, performance, data movement, administration, quality, and transformation.”

• Launched Informatica Data Archive for the Cloud. Informatica Data Archive Cloud Store Option is the industry’s first Infrastructure-as-a-Service offering to archive database and enterprise application data to the cloud in a cost-effective and secure manner.

• Named Winner in Teradata 2009 Partner Impact Awards.In its inaugural awards program, Teradata has named Informatica the winner for “Best Partner, Accelerate Package.”

• Paul Hoffman, EVP and President, Worldwide Field Operations recognized as Global Sales Leader in 2010 Sales & Customer Service.Hoffman was awarded a Stevie Award in the 4th Annual Sales and Customer Service Awards in recognition of his contributions and his exemplary operational leadership and business acumen.

Conference Call and Webcast

Informatica will discuss its first quarter 2010 results on a conference call today beginning at 2:00 p.m. PDT. A live Webcast of the conference call will be available at http://www.informatica.com/investor. A replay of the call will also be available by dialing 706-645-9291, reservation number 67177179.

About Informatica

Informatica Corporation (NASDAQ: INFA) is the world’s number one independent provider of data integration software. Organizations around the world gain a competitive advantage in today’s global information economy with timely, relevant and trustworthy data for their top business imperatives. More than 4,000 enterprises worldwide rely on Informatica to access, integrate and trust their information assets held in the traditional enterprise, off premise and in the Cloud. For more information, call +1 650-385-5000 (1-800-653-3871 in the U.S.), or visit www.informatica.com.

Non-GAAP Financial Information

To supplement Informatica’s condensed consolidated financial statements prepared and presented on a GAAP basis, Informatica uses non-GAAP financial measures of income from operations, net income and net income per share. These measures are adjusted from income from operations, net income or net income per share prepared in accordance with GAAP to exclude the charges and expenses discussed above. The presentation of these non-GAAP financial measures are not meant to be considered in isolation or as a substitute for, or superior to, net income or net income per share prepared in accordance with GAAP.

Informatica believes the disclosure of such non-GAAP financial measures is appropriate to enhance an overall understanding of its financial performance, its financial and operational decision making, and as a means to evaluate period to period comparisons. These adjustments to the Company’s GAAP results are made with the intent of providing both management and investors a more complete understanding of Informatica’s performance, by excluding certain expenses and expenditures such as non-cash charges and discrete charges that are infrequent in nature, such as charges related to acquisitions, that may not be indicative of its underlying operating results. In addition, Informatica believes these non-GAAP financial measures are useful to investors because they allow for greater transparency into the indicators used by management as a basis for its financial and operational decision making. Informatica believes that the disclosure of these non-GAAP financial measures provides consistency and comparability of its recent financial results with its historical financial results, as well as to the operating results of similar companies in Informatica’s industry, many of which present similar non-GAAP financial measures to investors. As an example, Informatica believes that it enhances comparability with similar companies’ operating results by excluding stock compensation in its non-GAAP financial measures because of the different types of stock-based awards that companies may grant and because ASC 718 allows companies to use different valuation methodologies and subjective assumptions. In addition, Informatica believes that both management and investors benefit from referring to these non-GAAP financial measures when planning, analyzing and forecasting future periods.

There are a number of limitations related to these non-GAAP financial measures: (1) the non-GAAP measures exclude some costs that are recurring, particularly stock compensation, and we believe that stock compensation will continue to be a significant recurring expense for the foreseeable future; because stock compensation is an important part of our employees’ compensation, such payments can impact their performance; and (2) the items we exclude in our non-GAAP measures may differ from the components our peer companies exclude when they report their non-GAAP measures. Management compensates for these limitations by providing specific information regarding the GAAP amounts excluded from non-GAAP measures and evaluating non-GAAP measures together with the corresponding measures calculated in accordance with GAAP.

Forward Looking Statements

This press release contains forward-looking statements relating to Informatica’s opportunity for growth in the data integration market, Informatica’s integration of 29West, and expected benefits to our customers and products. Such statements involve risks and uncertainties, and actual results may differ materially from the results described in this press release. The potential risks and uncertainties that could cause actual results to differ include, among others, risks related to (1) competition with larger companies that have longer operating histories and greater financial, technical, marketing, and other resources; (2) uncertainty in the state of IT spending and the continued growth in the market for data integration solutions in general; and (3) successful integration of Siperian’s and 29West’s products and employees and achievement of expected synergies. Additional risks and uncertainties are included under the caption “Risk Factors” in Informatica’s report on Form 10-K for the year ended December 31, 2009 which is on file with the SEC and is available on the Company’s investor relations website at http://www.informatica.com. All information provided in this release is as of April 22, 2010 and Informatica undertakes no duty to update this information.

###

Note:InformaticaandInformatica Data Archive Cloud Store Optionare trademarks or registered trademarks of Informatica Corporation in the United States and in jurisdictions throughout the world. All other company and product names may be trade names or trademarks of their respective owners.

INFORMATICA CORPORATION
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
(in thousands, except per share data)
(unaudited)

	Three Months Ended
	March 31,
	2010		2009
Revenues:
License	$	55,047	$	44,059
Service		80,083		64,999
Total revenues		135,130		109,058
Cost of revenues:
License		965		748
Service		23,057		18,472
Amortization of acquired technology		2,772		1,557
Total cost of revenues		26,794		20,777
Gross profit		108,336		88,281
Operating expenses:
Research and development		23,578		18,183
Sales and marketing		51,419		41,438
General and administrative		11,408		10,806
Amortization of intangible assets		2,710		2,051
Facilities restructuring charges		656		809
Acquisitions and other		3,649		—
Total operating expenses		93,420		73,287
Income from operations		14,916		14,994
Interest income and other, net		1,351		886
Income before income taxes		16,267		15,880
Income tax provision		4,473		4,821
Net income	$	11,794	$	11,059
Basic net income per common share	$	0.13	$	0.13
Diluted net income per common share (1)	$	0.12	$	0.12
Shares used in computing basic net income per common share		90,748		86,862
Shares used in computing diluted net income per common share		107,374		100,430

(1) Diluted EPS is calculated under the “if converted” method for the three months ended March 31, 2010 and 2009. This includes the add-back of interest and convertible notes issuance cost amortization, net of applicable income taxes of $1.0 million and $1.1 million for the three months ended March 31, 2010 and 2009, respectively.

INFORMATICA CORPORATION
CONDENSED CONSOLIDATED BALANCE SHEETS
(in thousands)

	March 31,		December 31,
	2010		2009
	(unaudited)
Assets
Current assets:
Cash and cash equivalents	$	152,024	$	159,197
Short-term investments		202,438		305,283
Accounts receivable, net of allowances of $4,236 and $3,454, respectively		77,757		110,653
Deferred tax assets		26,478		23,673
Prepaid expenses and other current assets		20,447		15,251
Total current assets		479,144		614,057
Property and equipment, net		7,967		7,928
Goodwill and intangible assets, net		493,016		350,654
Long-term deferred tax assets		25,301		8,259
Other assets		7,392		8,724
Total assets	$	1,012,820	$	989,622
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable and other current liabilities	$	88,101	$	96,113
Accrued facilities restructuring charges		19,904		19,880
Deferred revenues		145,235		139,629
Convertible senior notes		201,000		—
Total current liabilities		454,240		255,622
Convertible senior notes		—		201,000
Accrued facilities restructuring charges, less current portion		29,833		32,845
Long-term deferred revenues		4,044		4,531
Long-term deferred tax liabilities		—		516
Long-term income taxes payable		11,695		11,995
Stockholders’ equity		513,008		483,113
Total liabilities and stockholders’ equity	$	1,012,820	$	989,622

INFORMATICA CORPORATION
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(in thousands)
(unaudited)

	Three Months Ended
	March 31,
	2010			2009
Operating activities:
Net income	$	11,794		$	11,059
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization		1,829			1,353
Gain on sale of investment in equity interests		(1,824	)		—
Gain on early extinguishment of debt		—			(337	)
Stock compensation		5,482			4,199
Deferred income taxes		(632	)		(1,469	)
Tax benefits from stock compensation		4,189			672
Excess tax benefits from stock compensation		(3,325	)		(397	)
Amortization of intangible assets and acquired technology		5,482			3,608
Non-cash facilities restructuring charges		656			809
Other non-cash items		(6	)		610
Changes in operating assets and liabilities:
Accounts receivable		42,162			23,730
Prepaid expenses and other assets		2,403			(3,612	)
Accounts payable and other current liabilities		(20,317	)		(20,499	)
Income taxes payable		(5,276	)		665
Accrued facilities restructuring charges		(3,604	)		(3,219	)
Deferred revenues		2,776			(4,291	)
Net cash provided by operating activities		41,789			12,881
Investing activities:
Purchases of property and equipment		(1,300	)		(577	)
Purchases of investments		(42,569	)		(146,227	)
Purchase of investment in equity interest		(1,500	)		—
Sale of investment in equity interest		4,824			—
Maturities and sales of investments		145,365			129,945
Business acquisitions, net of cash acquired		(167,384	)		(32,976	)
Net cash used in investing activities		(62,564	)		(49,835	)
Financing activities:
Net proceeds from issuance of common stock		13,785			6,967
Repurchases and retirement of common stock		—			(5,910	)
Withholding taxes related to restricted stock units net share settlement		(1,108	)		—
Repurchases of convertible senior notes		—			(19,200	)
Excess tax benefits from stock compensation		3,325			397
Net cash provided by (used in) financing activities		16,002			(17,746	)
Effect of foreign exchange rate changes on cash and cash equivalents		(2,400	)		(1,825	)
Net decrease in cash and cash equivalents		(7,173	)		(56,525	)
Cash and cash equivalents at beginning of period		159,197			179,874
Cash and cash equivalents at end of period	$	152,024		$	123,349

INFORMATICA CORPORATION
GAAP TO NON-GAAP RESULTS
(in thousands, except per share data)
(unaudited)

	Three Months Ended
	March 31,
	2010			2009
Total revenues	$	135,130		$	109,058
Operating income:
GAAP operating income	$	14,916		$	14,994
Percentage of GAAP operating income to total revenues		11	%		14	%
Plus:
Amortization of acquired technology — Cost of revenues		2,772			1,557
Amortization of intangible assets — Operating expenses		2,710			2,051
Facilities restructuring charges — Operating expenses		656			809
Acquisitions and other — Operating expenses		3,649			—
Stock compensation — Cost of revenues		662			531
Stock compensation — Research and development		1,609			1,118
Stock compensation — Sales and marketing		1,773			1,367
Stock compensation — General and administrative		1,438			1,183
Non-GAAP operating income	$	30,185		$	23,610
Percentage of Non-GAAP operating income to total revenues		22	%		22	%
Net income:
GAAP net income	$	11,794		$	11,059
Plus:
Amortization of acquired technology — Cost of revenues		2,772			1,557
Amortization of intangible assets — Operating expenses		2,710			2,051
Facilities restructuring charges — Operating expenses		656			809
Acquisitions and other — Operating expenses		3,649			—
Stock compensation — Cost of revenues		662			531
Stock compensation — Research and development		1,609			1,118
Stock compensation — Sales and marketing		1,773			1,367
Stock compensation — General and administrative		1,438			1,183
Gain on sale of investment in equity interest		(1,824	)		—
Income tax adjustments		(4,169	)		(2,542	)
Non-GAAP net income	$	21,070		$	17,133
Diluted net income per share:(1)
Diluted GAAP net income per share	$	0.12		$	0.12
Plus:
Amortization of acquired technology		0.03			0.02
Amortization of intangible assets		0.03			0.02
Facilities restructuring charges		0.01			0.01
Acquisitions and other		0.03			—
Stock compensation		0.05			0.04
Gain on sale of investment in equity interest		(0.02	)		—
Income tax adjustments		(0.04	)		(0.03	)
Diluted Non-GAAP net income per share	$	0.21		$	0.18
Shares used in computing diluted Non-GAAP net income per share		107,374			100,841

⁽¹⁾ Diluted EPS is calculated under the “if converted” method for the three months ended March 31, 2010 and 2009. This includes the add-back of interest and convertible notes issuance cost amortization, net of applicable income taxes of $1.0 million and $1.1 million for the three months ended March 31, 2010 and 2009, respectively.