Informatica 8-K Informatica Reports Record First Quarter Revenues of $109.1 Million

Exhibit 99.1

Contacts:	Debbie Walery	Stephanie Wakefield
	Public Relations	Senior Director, Investor Relations
	+ 1 650 385 5735	+1 650 385 5261
	dwalery@informatica.com	swakefield@informatica.com

INFORMATICA REPORTS RECORD FIRST QUARTER REVENUES OF $109.1 MILLION

Achieves Operating Income Growth of 21%

REDWOOD CITY, Calif., April 23, 2009 — Informatica Corporation (NASDAQ: INFA), the leading independent provider of enterprise data integration software and services, today announced financial results for the first quarter ended March 31, 2009.

     Revenues for the first quarter of 2009 were $109.1 million, up five percent from the $103.7 million recorded in the first quarter of 2008. License revenues for the first quarter were $44.1 million, compared to $44.2 million recorded in the first quarter of 2008. Total revenues were negatively impacted by currency fluctuations. Using currency exchange rates from the first quarter of 2008, total revenues would have been $6.4 million higher 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 a first quarter record $15.0 million, up 21 percent from $12.4 million in the first quarter of 2008. GAAP income from operations was negatively impacted by currency fluctuations. Using currency exchange rates from the first quarter of 2008, GAAP income from operations would have been $0.8 million higher in the first quarter of 2009.

     GAAP net income for the first quarter of 2009 was $11.1 million or $0.12 per diluted share, in comparison to $11.2 million or $0.12 per diluted share in the first quarter of 2008. For the three-month periods ended March 31, 2008 and March 31, 2009, earnings per diluted share is calculated on an “if converted” basis, including the add-back of $1.1 million of interest and convertible notes issuance cost amortization, net of income taxes.

     Non-GAAP income from operations for the first quarter of 2009 was $23.6 million, up 28 percent from $18.5 million in the first quarter of 2008. Non-GAAP net income for the first quarter of 2009 was $17.1 million or $0.18 per diluted share, up over nine percent from $15.7 million or $0.16 per diluted share in the first quarter of 2008. 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, and share-based payments. A reconciliation of GAAP results to non-GAAP results is included below.

     “Our record first quarter results reaffirm our sound strategy and the Informatica team’s operational discipline, particularly in light of the current global economic recession,” said Sohaib Abbasi, chairman and CEO of Informatica. “With our singular focus and track record of continual innovation, we are well-positioned with a compelling value proposition. Our strongest-ever product portfolio enables our customers to “do more with less” while aligning IT with top business imperatives.”

Significant milestones achieved since January 2009 include:

• Signed repeat business with 190 customers.Customers continue to derive considerable value from their investments in Informatica solutions. Repeat customers included Amtrak, Chinabond, EchoStar Communications, New York Police Department, Union Bank of California, Virgin Media, and Vivo Celular.

• Added 212 new customers.Informatica increased its customer base this quarter to 3,664 companies including a first quarter record 59 new Informatica customers and 153 customers added through the Applimation acquisition. New customers include Aeropostale, Arbonne International, Bank of the West, Delta Dental Plan of Michigan, Kredyt Bank SA Centrala, Key Energy, and Yale University.

• Acquired Applimationto grow Data Integration Platform leadership by incorporating application Information Lifecycle Management (ILM) into our technology portfolio, thus expanding our addressable market to encompass an adjacent growth category. Informatica’s application ILM products manage various phases of the application data lifecycle, from testing to archiving. Application ILM reduces storage cost and total-cost-of-ownership associated with enterprise business applications, such as ERP, CRM, HR, and SCM.

• Informatica On Demand Data Loader named ‘Best Data Integration Tool’on Force.Com AppExchange by salesforce.com customers. Informatica On Demand Data Loader garnered more four and five star reviews than any other integration product in its category. Over 100 companies around the world now use

	Informatica On Demand to integrate their Salesforce CRM applications and Force.com platform with their back office systems.
•	Delivered the Informatica Platform.Informatica Platform leverages our broadest-ever product portfolio, and provides well-differentiated value: comprehensive, unified, open, and economical.
•	Three Informatica customers named as “Computerworld Laureate” finalists for 2009. The Defense Health Services Systems, LinkShare and the U.S. Departments of Defense and Veterans Affairs were chosen in a select group of finalists due to their contributions for the betterment of society through exceptional use of information technology.

Conference Call and Webcast

Informatica will discuss its first quarter 2009 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 617-801-6888, reservation number 62285694.

About Informatica

Informatica Corporation (NASDAQ: INFA) is the leading independent provider of enterprise data integration software and services. With Informatica, organizations can gain greater business value by integrating their information assets across the enterprise. More than 3,600 companies worldwide rely on Informatica to reduce the cost and expedite the time to address data integration needs of varying complexity and scale. For more information, call +1 650 385 5000 (1-800-653-3871 in the U.S.), or visit www.informatica.com.

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

	Three Months Ended
	March 31,
	2009			2008
GAAP Net income	$	11,059		$	11,224
Plus:
Amortization of acquired technology		1,557			620
Amortization of intangible assets		2,051			362
Facilities restructuring charges		809			947
Share-based payments		4,199			4,114
Tax benefit of amortization of intangible assets and restructuring charges		(1,653	)		(752	)
Tax benefit of share-based payments		(889	)		(802	)
Non-GAAP Net income	$	17,133		$	15,713

	Three Months Ended
	March 31,
	2009			2008
Diluted net income per share: *
Diluted GAAP Net income per share	$	0.12		$	0.12
Plus:
Amortization of acquired technology		0.02			0.01
Amortization of intangible assets		0.02			—
Facilities restructuring charges		0.01			0.01
Share-based payments		0.04			0.04
Tax benefit of amortization of intangible assets and restructuring charges		(0.02	)		(0.01	)
Tax benefit of share-based payments		(0.01	)		(0.01	)
Diluted Non-GAAP Net income per share	$	0.18		$	0.16
Shares used in computing diluted GAAP Net income per share		100,430			103,727
Shares used in computing diluted Non-GAAP Net income per share		100,841			104,706

* Diluted EPS is calculated under the “if converted” method for the three months ended March 31, 2009 and 2008. This includes the add-back of $1.1 million of interest and convertible notes issuance cost amortization, net of applicable income taxes for both periods.

Non-GAAP Financial Information

To supplement the Company’s condensed consolidated financial statements presented on a GAAP basis, Informatica uses non-GAAP financial measures of net income, income from operations and net income per share. These measures are adjusted to exclude the charges and expenses discussed above. The Company believes the disclosure of such non-GAAP financial measures is appropriate to enhance an overall understanding of its historical financial

performance. These adjustments to the Company’s GAAP results are made with the intent of providing both management and investors a more complete understanding of the Company’s underlying operational results, trends, and marketplace performance. Informatica believes that the inclusion of these non-GAAP financial measures provides consistency and comparability with its historical financial results, as well as comparability to similar companies in the Company’s industry, many of which present similar non-GAAP financial measures to investors. In addition, these non-GAAP financial measures are among the primary indicators management uses as a basis for its planning and forecasting of future periods. The presentation of this additional information is not meant to be considered in isolation or as a substitute for net income, income from operations, or net income per share prepared in accordance with GAAP in the U.S.

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 Applimation, 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; (3) successful integration of Applimation’s products and employees and achievement expected synergies; and (4) lack of control regarding our strategic partners’ devotion of adequate resources to promote, sell, implement, and support our products. 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, 2008 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 23, 2009 and Informatica undertakes no duty to update this information.

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Note:InformaticaandInformatica On Demand Data Loaderare trademarks or registered trademark 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,
	2009		2008
Revenues:
License	$	44,059	$	44,209
Service		64,999		59,501
Total revenues		109,058		103,710
Cost of revenues:
License		748		693
Service		18,472		19,785
Amortization of acquired technology		1,557		620
Total cost of revenues		20,777		21,098
Gross profit		88,281		82,612
Operating expenses:
Research and development		18,183		17,724
Sales and marketing		41,438		42,787
General and administrative		10,806		8,369
Amortization of intangible assets		2,051		362
Facilities restructuring charges		809		947
Total operating expenses		73,287		70,189
Income from operations		14,994		12,423
Interest income and other, net		886		3,558
Income before income taxes		15,880		15,981
Income tax provision		4,821		4,757
Net income	$	11,059	$	11,224
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		86,862		88,128
Shares used in computing diluted net income per common share		100,430		103,727

(1) Diluted EPS is calculated under the “if converted” method for the three months ended March 31, 2009 and 2008. This includes the add-back of $1.1 million of interest and convertible notes issuance cost amortization, net of applicable income taxes for both periods.

INFORMATICA CORPORATION
CONDENSED CONSOLIDATED BALANCE SHEETS
(in thousands)

	March 31,		December 31,
	2009		2008
	(unaudited)
Assets
Current assets:
Cash and cash equivalents	$	123,349	$	179,874
Short-term investments		296,527		281,055
Accounts receivable, net of allowances of $2,761 and $2,558 respectively		65,921		87,492
Deferred tax assets		24,112		22,336
Prepaid expenses and other current assets		16,384		12,498
Total current assets		526,293		583,255
Property and equipment, net		8,469		9,063
Goodwill and intangible assets, net		286,382		254,592
Long-term deferred tax assets		10,682		7,294
Other assets		8,302		8,908
Total assets	$	840,128	$	863,112
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable and other current liabilities	$	58,792	$	71,282
Accrued facilities restructuring charges		20,151		19,529
Deferred revenues		121,469		120,892
Total current liabilities		200,412		211,703
Convertible senior notes		201,000		221,000
Accrued facilities restructuring charges, less current portion		41,866		44,939
Long-term deferred revenues		6,245		8,847
Long-term income taxes payable		21,200		20,668
Stockholders’ equity		369,405		355,955
Total liabilities and stockholders’ equity	$	840,128	$	863,112

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

	Three Months Ended
	March 31,
	2009			2008
Operating activities:
Net income	$	11,059		$	11,224
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization		1,353			1,401
Gain on early extinguishment of debt		(337	)		—
Share-based payments		4,199			4,114
Deferred income taxes		(1,469	)		(188	)
Tax benefits from stock option plans		672			2,961
Excess tax benefits from share-based payments		(397	)		(2,335	)
Amortization of intangible assets and acquired technology		3,608			982
Non-cash facilities restructuring charges		809			947
Other non-cash items		610			(652	)
Changes in operating assets and liabilities:
Accounts receivable		23,730			26,678
Prepaid expenses and other assets		(3,612	)		(3,952	)
Accounts payable and other current liabilities		(20,499	)		(16,201	)
Income taxes payable		665			435
Accrued facilities restructuring charges		(3,219	)		(2,347	)
Deferred revenues		(4,291	)		5,979
Net cash provided by operating activities		12,881			29,046
Investing activities:
Purchases of property and equipment		(577	)		(1,071	)
Purchases of investments		(146,227	)		(60,054	)
Payment of investment in equity interests		—			(3,000	)
Maturities and sales of investments		129,945			124,120
Business acquisition, net of cash acquired		(32,976	)		—
Net cash provided by (used in) investing activities		(49,835	)		59,995
Financing activities:
Net proceeds from issuance of common stock		6,967			13,757
Repurchases and retirement of common stock		(5,910	)		(6,349	)
Repurchases of convertible senior notes		(19,200	)		—
Excess tax benefits from share-based payments		397			2,335
Net cash provided by (used in) financing activities		(17,746	)		9,743
Effect of foreign exchange rate changes on cash and cash equivalents		(1,825	)		2,256
Net increase (decrease) in cash and cash equivalents		(56,525	)		101,040
Cash and cash equivalents at beginning of period		179,874			203,661
Cash and cash equivalents at end of period	$	123,349		$	304,701

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

	Three Months Ended							Three Months Ended
	March 31, 2009							March 31, 2008
	GAAP		Adjustments(1)			Non-GAAP		GAAP		Adjustments(1)			Non-GAAP
Revenues:
License	$	44,059	$	—		$	44,059	$	44,209	$	—		$	44,209
Service		64,999		—			64,999		59,501		—			59,501
Total revenues		109,058		—			109,058		103,710		—			103,710
Cost of revenues:
License		748		—			748		693		—			693
Service		18,472		(531	)		17,941		19,785		(546	)		19,239
Amortization of acquired technology		1,557		(1,557	)		—		620		(620	)		—
Total cost of revenues		20,777		(2,088	)		18,689		21,098		(1,166	)		19,932
Gross profit		88,281		2,088			90,369		82,612		1,166			83,778
Operating expenses:
Research and development		18,183		(1,118	)		17,065		17,724		(1,064	)		16,660
Sales and marketing		41,438		(1,367	)		40,071		42,787		(1,373	)		41,414
General and administrative		10,806		(1,183	)		9,623		8,369		(1,131	)		7,238
Amortization of intangible assets		2,051		(2,051	)		—		362		(362	)		—
Facilities restructuring charges		809		(809	)		—		947		(947	)		—
Total operating expenses		73,287		(6,528	)		66,759		70,189		(4,877	)		65,312
Income from operations		14,994		8,616			23,610		12,423		6,043			18,466
Interest income and other, net		886		—			886		3,558		—			3,558
Income before income taxes		15,880		8,616			24,496		15,981		6,043			22,024
Income tax provision		4,821		2,542			7,363		4,757		1,554			6,311
Net income	$	11,059	$	6,074		$	17,133	$	11,224	$	4,489		$	15,713
Net income per share:
Basic	$	0.13				$	0.20	$	0.13				$	0.18
Diluted (2)	$	0.12				$	0.18	$	0.12				$	0.16
Weighted shares used to compute net income per share:
Basic		86,862					86,862		88,128					88,128
Diluted		100,430		411	(3)		100,841		103,727		979	(3)		104,706

(1) The following table summarizes the Non-GAAP adjustments for the respective periods presented:

	Three Months Ended
	March 31,
	2009			2008
Net income, GAAP basis	$	11,059		$	11,224
Amortization of acquired technology		1,557			620
Amortization of intangible assets		2,051			362
Facilities restructuring charges		809			947
Share-based payments		4,199			4,114
Tax benefit for amortization of intangible assets and restructuring charges		(1,653	)		(752	)
Tax benefit of share-based payments		(889	)		(802	)
Net income, Non-GAAP basis	$	17,133		$	15,713

(2)	Diluted EPS is calculated under the “if converted” method for the three months ended March 31, 2009 and 2008. This includes the add-back of $1.1 million of interest and convertible notes issuance cost amortization, net of applicable income taxes for both periods.
(3)	Anti-diluted shares generated from the unrecognized share-based payments under the “treasury stock method” have been added back to the non-GAAP diluted weighted shares due to non-GAAP results excluding the share-based payments.