EXHIBIT 20 CHEYENNE NEWS RELEASE FOR IMMEDIATE RELEASE Contacts: Roy Winnick Richard Wolff Kekst and Company (212) 593-2655 CHEYENNE SOFTWARE'S EXECUTIVE MANAGEMENT TEAM SENDS LETTER TO McAFEE PRESIDENT/CEO WILLIAM L. LARSON Roslyn Heights, N.Y., April 23, 1996 -- Cheyenne Software, Inc. (AMEX:CYE) said today that its entire executive management team, including the top executives responsible for the com- pany's flagship products, core technology, sales, marketing, operations, technical support and finances, today sent the fol- lowing letter to William L. Larson, President and Chief Execu- tive Officer of McAfee Associates, Inc.: Mr. William L. Larson President and Chief Executive Officer McAfee Associates, Inc. 2710 Walsh Avenue Santa Clara CA 95051-0963 Dear Bill: We, the senior executives of Cheyenne Software, Inc., have read and heard numerous statements in the media attributed to you that grossly misrepresent our views of your merger proposal. We are writing this letter to make our views perfectly clear. Each of us believes that a merger with McAfee is not in the best interests of this Company, our stockholders, employees or customers. We believe that a combination with McAfee is not the best strategy for Cheyenne, we question the long-term growth potential of McAfee's primary line of business, and we see little, if any, synergistic opportunity from combining our lines of business. In addition, from a financial perspective, we are concerned about the ability of McAfee to sustain its earnings growth. We fee your statements about our chairman, ReiJane Huai, to be insensitive, insulting and totally without basis. Each of us - more - Cheyenne Software, Inc. Three Expressway Plaza, Roslyn Heights, New York 11577 Telephone (516) 465-4000 Fax (516) 484-3093 http://www.cheyenne.com Cheyenne Software's Executive Management Team Sends Letter to McAfee President/CEO William L. Larson/Page 2... fully and unambiguously supports his and our other directors' unanimous decision to reject your proposal. This company is too important to its stockholders, employees, customers and communities to risk its value and assets so that you can -- to use your words -- "bag this bear." Sincerely, Yuda Doron Gerald Briggs Executive Vice President Vice President of European North America Sales Operations Doris Granatowski Robert Daly Executive Vice President Vice President of of Operations Engineering Alan W. Kaufman Steve Kendall Executive Vice President of Vice President of Far East Sale and Secretary Operations Elliot Levine Jeffrey E. Finkle Executive Vice President, Vice President and General Senior Financial Officer Manager of Unix Division and Treasurer Michael Adler John McIntosh Vice President, General Counsel Vice President of Tactical and Assistant Secretary Services Stephen Brander Vice President of Sales Strategy and Planning About Cheyenne Software Cheyenne Software, Inc. is an international developer of essential software solutions for NetWare, Windows NT, UNIX, Macintosh, OS/2, Windows 3.1 and Windows 95 operating systems. Its enterprise-wide offerings include an array of storage man- agement, security, and communications products, including Chey- enne[R] HSM, JETserve[TM], InocuLAN[R], FAXserve[TM], and its flagship product line, the ARCserve[R] family of network backup software. Cheyenne can be contacted at (800) 243-9462 (U.S. or Canada) or (516) 465-4000, or by visiting its WWW home page at: http://www.cheyenne.com. # # # # Cheyenne Software, Inc. Three Expressway Plaza, Roslyn Heights, New York 11577 Telephone (516) 465-4000 Fax (516) 484-3093 http://www.chyenne.com