Exhibit 99.1
Thursday December 7, 9:58 am Eastern Time
Press Release
Micromuse Sets Dates for 2-For-1 Stock Split
SAN FRANCISCO--(BUSINESS WIRE)--December 7, 2000--Micromuse Inc., the leading
provider of fault and service-level management software today reported that
dates have been finalized for its previously announced 2-for-1 stock split.
Shareholders of record on December 5, 2000 will receive one additional share for
each share they hold at the end of business on December 19, 2000. The stock will
begin trading on a split-adjusted basis on the morning of December 20, 2000.
This is the second 2-for-1 split of Micromuse shares this year. The first split
occurred on February 22, 2000.
The company also announced that at a December 5, 2000 special meeting of its
shareholders, its Restated Certificate of Incorporation ("Certificate") was
amended to increase the number of the company's authorized common stock from 60
million to 200 million shares and to allow future amendments to the Certificate
to be made in the manner now or hereafter prescribed by the General Corporation
Law of the State of Delaware.
About Micromuse
Micromuse Inc.is the leading provider of fault and service-level management
software. Micromuse was named one of the Top 25 Best Performers in the Wall
Street Journal's Shareholder Scoreboard, and has recently been recognized in the
Forbes 500, Business Week's Info Tech 100, Bloomberg's Top 100 Stocks, Barron's
500, and the San Francisco Chronicle 500. Micromuse customers include AT&T, BT,
Cable & Wireless, Cellular One, Charles Schwab, Deutsche Telekom, Digex,
EarthLink, GTE, ITC^DeltaCom, MCI Worldcom, NextLink, One2One, PSINet and a
number of financial investment concerns. Headquarters are located at 139
Townsend Street, San Francisco, Calif. 94107; (415) 538-9090. The Web site is at
www.micromuse.com.
Netcool and Micromuse are registered trademarks of Micromuse Inc. All other
trademarks and registered trademarks in this document are the properties of
their respective owners. Any statements contained in this press release that do
not describe historical facts may constitute forward-looking statements as that
term is defined in the Private Securities Litigation Reform Act of 1995. Any
forward-looking statements contained herein are based on current expectations,
but are subject to a number of risks and uncertainties.
The factors that could cause actual future results to differ materially from the
forward-looking statements include the following: fluctuations in customer
demand, the Company's ability to manage its growth (including the ability to
hire sufficient sales and technical personnel), the risks associated with the
expansion of the Company's distribution channels, the risk of new product
introductions and customer acceptance of new products; the rapid technological
change which characterizes the Company's markets, the risks associated with
competition, the risks associated with international sales as the Company
expands its markets, and the ability of the Company to compete successfully in
the future, as well as other risks identified in the Company's Securities and
Exchange Commission Filings, including but not limited to those appearing under
the caption "Risk Factors" in the Company's most recent Quarterly Reports on
Form 10-Q and on Form 10-K on file with the Securities and Exchange Commission
and available on the Company's Web site.
Contact:
Micromuse contact:
Nicole Fortenberry
(917) 344-7053
[email protected]
