Filed by Computer Associates International, Inc.
Pursuant to Rule 425 under the Securities Act of 1933
Subject Company: Sterling Software, Inc.
Commission File No. 333-30842
(Computer Associates International, Inc.) Logo
Growth 2000
Investor Conference
(ABN-AMRO) Logo
March 23, 2000
<PAGE>
CA eBusiness Solutions
>> CA enables eBusiness with a comprehensive set of solutions that cover systems
management, information management and business applications
Predictive management for the Enterprise
Neugents. Software That Can Think.
Information Mgt
Enterprise Mgt
CA Services
InterBiz
- - BizWorks
- - Financial
- - Banking
- - ACCPAC
- - Supply Chain
<PAGE>
CA Product Areas
CA Solutions:
Enterprise Information Business
Management Management Applications
OS/390 CA-1 IDMS Masterpiece
CA-7 Datacom Banking
CA-11 DB2/IMS Tools CAS
Sys View Lifecycle
Top Secret/ACF2
Distributed Unicenter TNG Jasmine Supply Chain
eTrust Ingres ii Distribution
ARCserveIT Opal Financials
NetworkIT App Development (interBiz)
ManageIT Data Warehouse
Lifecycle
Business Intelligence
<PAGE>
CA Product Areas
Oracle Solutions:
Enterprise Information Business
Management Management Applications
OS/390 CA-1 IDMS Masterpiece
CA-7 Datacom Banking
CA-11 DB2/IMS Tools CAS
Sys View Lifecycle
Top Secret/ACF2
Distributed Unicenter TNG Jasmine Supply Chain(highlight)
eTrust Ingres ii(highlight) Distribution
ARCserveIT Opal Financials(highlight)
NetworkIT App Development(highlight) (interBiz)
ManageIT Data Warehouse
Lifecycle
Business Intelligence
<PAGE>
CA Product Areas
BMC Solutions:
Enterprise Information Business
Management Management Applications
OS/390 CA-1 IDMS Masterpiece
CA-7 (highlight) Datacom Banking
CA-11 DB2/IMS Tools (highlight) CAS
Sys View (highlight) Lifecycle
Top Secret/ACF2
Distributed Unicenter TNG Jasmine Supply Chain
eTrust Ingres ii Distribution
ARCserveIT Opal Financials
NetworkIT App Development (interBiz)
ManageIT (highlight) Data Warehouse
Lifecycle
Business Intelligence
<PAGE>
CA Product Areas
Veritas Solutions:
Enterprise Information Business
Management Management Applications
OS/390 CA-1 IDMS Masterpiece
CA-7 Datacom Banking
CA-11 DB2/IMS Tools CAS
Sys View Lifecycle
Top Secret/ACF2
Distributed Unicenter TNG Jasmine Supply Chain
eTrust Ingres ii Distribution
ARCserveIT (highlight) Opal Financials
NetworkIT App Development (interBiz)
ManageIT Data Warehouse
Lifecycle
Business Intelligence
<PAGE>
Systems Mgt Market Share
(Pie Chart showing:
Other 39%, CA 28%, IBM 17%, HP 4%, BMC 3%, Candle 3%, Seagate 2%, Boole 2%,
Platinum 2%) Graph
1998 Total Market Size $9.716 Billion
projected to grow to $18.09 Billion by 2003
Source: IDC April, 1999 CAGR~13.2%
<PAGE>
Distributed Operations
Market Share
(Pie Chart showing:
Other 30%, CA 29%, IBM 11%, HP 8%, BMC 7%, Veritas 6%, Legato 4%, Remedy 3%,
Platinum 2%) Graph
1998 Total Market Size $4.3 Billion
projected to grow to $11 Billion by 2003
Source: IDC July, 1999 CAGR~20.7%
<PAGE>
Financial Results
($ in millions) 3Q00 3Q99 % Chg
Total Revenue 1,812 1,361 33%
NA Revenue 1,232 876 41%
Int'l Revenue 617 485 27%
(currency adjusted)
Net Income (ex spec chgs) 425 355 20%
EPS ex Amort. .91 .71 28%
EBITDA 936 678 38%
Operating Margin 50% 48%
(ex spec chgs + amort)
<PAGE>
Revenue Mix
(Bar Graph showing:
Y axis= $ in millions
X axis= Fiscal Quarter
3Q99 data: Distrib. = 621; OS/390 = 650; Services = 77
3Q00 data: Distrib. = 898; OS/390 = 776; Services = 126
YOY Growth: Distrib. = 45%; OS/390 = 19%; Services = 64%) Graph
<PAGE>
CA/Sterling Combination
>> Extends CA's eBusiness offerings:
- Cutting edge eBusiness intelligence tools
- Leader in enterprise application development tools
- High end storage management
- OS/390 network management
- Expands CA's US Federal business
(Sterling Software) Logo
<PAGE>
eBusiness Dynamics
>> Systems more "mission critical" than ever before
>> B2B compounds complexity/heterogeneity
>> eBusiness forces integration of internal systems
>> Speed of Internet
no time to re-write, must leverage existing apps
>> B2B and B2C security
increased need and complexity
<PAGE>
eBusiness Dynamics
(B2B Environment data,
X Axis = System Complexity
Y Axis = Need for Security) Graph
<PAGE>
InfoWorld, March 2000
"Obviously, the network of disparate operating systems, platforms, and
technologies we have makes e-business the most complex business and
technical hurdle we have ever faced."
(InfoWorld.Com) Logo
<PAGE>
Web Infrastructure
(CA software pictured, managing a myriad of devices and platforms to integrate,
manage and to write applications) Picture
<PAGE>
Integrated Management Functions
(Enterprise Management Solutions, Unicenter TNG pictured with Database
Mangement, Help Desk Management, Security Management, Internet Management,
Operations Management, Application Management, Neugents, Network Management,
Desktop & Server Mgmt.,Storage Management.) Picture
<PAGE>
(NEUGENTS) Logo
CA's patented technology that predicts business outcomes as applied to
enterprise management and business data
Based on pattern recognition
Predict and prevent problems
Apply intelligence to business data
(Desktops & Servers, Applications & Databases, Storage, Operations, Internet,
Network, Helpdesk, Security) Picture
<PAGE>
CA's eBusiness Security Suite
(eTrust) Logo
eTrust VPN eTrust Access Control
eTrust PKI eTrust Single Sign-on
eTrust Encryption eTrust Admin
eTrust Firewall eTrust Policy Compliance
eTrust Anti-virus eTrust Audit
eTrust Content Inspection eTrust Desktop Security
eTrust Intrusion Detection eTrust Directory
CA #1 Worldwide Internet Security Software provider
IDC, 1999
<PAGE>
Internet Security Market
Leading Vendors
Bar Chart (excludes Anti-virus)
$ in millions
CA 479
IBM 235
Check Point 140
AXENT 97
Security Dynam. 94
Network Assoc. 93
Source: IDC, June 1999
Total market size $2.14 billion
<PAGE>
ARCserveIT
Complete Storage Management
>> Disaster Recovery Replication
>> Centralized Management RAIT Support
>> Web Interface Snapshot Image
>> Push Agents MS Clustering Support
>> Database Agents Remote Installation
>> Open File Agent Media Management
>> Application Agents Networked Library Option
>> Proactive Backup Enterprise Library Option
>> Tape/Optical Library Option Data Migration Option
>> Parallel Streaming TNG Integration
CA #1 Worldwide Storage Software provider
IDC, 1999
<PAGE>
Distributed Storage Mgt Market
Leading Vendors
Bar Chart
$ in millions
CA 551
Veritas 275
Legato 154
IBM 101
HP 63
Comm Vault 59
Sun 33
Source:IDC, August 1999
Total market size $ 1.46 billion
<PAGE>
Jasmine ii
The Infrastructure for eBusiness
Integrated
Messaging
Naming
ORB
Events
Publish/Subscribe
Application server
Transaction mgmt
Compression
Encryption
Cache mgmt
Object database
Integrates everything:
Java
C++
COM
CICS
SQL
LDAP
Internet standards:
XML
Java
EJB
CORBA
COM
(ERP DB's Legacy eCommerce Apps) Picture
<PAGE>
Oracle's Approach:
(You will never become an e-business by piecing together software you already
have.
Only Oracle has
a complete
e-business suite.
(Oracle Software powers the internet) Logo)
Picture
Business Week, March 20, 2000
<PAGE>
CA eBusiness Initiatives
>> ASP's and Joint Ventures
|X| ACER
|X| Cable & Wireless HTK
|X| Taiwan Sogo Shin Kong Security Co.
|X| Korea Telecom Hitel
|X| Beijing Anyi
|X| United Microelectronics Corp. (UMC) - EverTrac JV
|X| Fudan Grand Horizon Information Technology Co
|X| ...
<PAGE>
CA Solutions
Licensing
Direct
Web
Channel
OEM
Technology Partners
Services
Service Providers
Joint Ventures
ASPs
Portals
<PAGE>
eBusiness Customers...
(Consortio) Logo
(www.StarKist) Logo
(Exodus) Logo
(Berkshire) Logo
(habitEX) Logo
(News America Digital Publishing) Logo
(JOBFIT Medical Services) Logo
(AEI) Logo
(Liquid Golf.Com) Logo
(Wal Mart Online) Logo
(MediaNews Group) Logo
(Intuit) Logo
(Winnebago Industries) Logo
(Office Depot.com) Logo
(Travelocity.com) Logo
(ShopLink.Com) Logo
(American Hotel Register Company) Logo
(Allied Express) Logo
(Quokkasports Digital Sports Entertainment) Logo
(National Center For Missing & Exploited Children) Logo
<PAGE>
Across All Industries...
(sharperimage.com) Logo
(Yellow Online) Logo
(Sabre) Logo
(WWW.PureNature.com) Logo
(1-800-flowers.com) Logo
(Pier1 imports) Logo
(american greetings.com) Logo
(Symbol) Logo
(Hungry Minds) Logo
(Universal Health Services) Logo
(eToys.com) Logo
(PAGENET) Logo
(autobytel.com) Logo
(digex) Logo
(TICKETMASTER Online) Logo
(Century21) Logo
(Yellow Book.com) Logo
(Bargain Bid) Logo
(Charles Tyrwhitt) Logo
(PSINet) Logo
(CD&L) Logo
<PAGE>
Across the World !!!
(Beef N.Z.) Logo
(Feihua) Logo
(http://www.wh.hb.cn) Logo
(BedreLedelse) Logo
(Vertex) Logo
(Lincoln Property Company) Logo
(immoline) Logo
(GWH) Logo
(Sainsbury's ) Logo
(Brumbies) Logo
(Mercado Total) Logo
(EDS) Logo
(ARFO Color Technics) Logo
<PAGE>
(Computer Associates International, Inc.) Logo
Growth 2000
Investor Conference
(ABN-AMRO) Logo
March 23, 2000
<PAGE>
We urge investors and security holders to read the following regarding the
tender offer, including amendments that may be made to them, because they
contain important information:
- - Computer Associates' preliminary prospectus, prospectus supplements, final
prospectus and tender offer material.
- - Computer Associates' Registration Statement on Form S-4 and Schedule TO
containing or incorporating by reference such documents and other information.
- - Sterling Software's Solicitation/Recommendation Statement on Schedule 14D-9.
These documents and amendments to these documents have or will be filed with the
United States Securities and Exchange Commission.
When these and other documents are filed with the SEC, they may be obtained free
at the SEC's web site at www.sec.gov. You may also obtain for free each of these
documents (when available) from Computer Associates by directing your request to
Investor Relations at www.ca.com/invest/questions or by fax at 631-342-6864, or
from Sterling Software by directing your request to [email protected] or by
fax at (214) 981-1215.
