Symantec and VERITAS Complete Merger

Symantec and VERITAS Complete Merger

Symantec Corp. (Nasdaq: SYMC) and VERITAS Software Corp. today announced the completion of their merger following approvals by both companies’ stockholders. The transaction was finalized on Saturday, July 2, 2005. As a result of the merger, shares of VERITAS stock were converted into the right to receive shares of Symantec stock, and VERITAS shares will no longer be traded.

By merging leaders in storage software and security software, Symantec will provide enterprise customers with a more effective way to secure and manage their most valuable asset, their information. Symantec can now deliver information security and availability solutions across all platforms and to customers of all sizes.

About Symantec
Symantec is the global leader in information security providing a broad range of software, appliances and services designed to help individuals, small and mid-sized businesses, and large enterprises secure and manage their IT infrastructure. Symantec’s Norton brand of products is the worldwide leader in consumer security and problem-solving solutions. Headquartered in Cupertino, Calif., Symantec has operations in more than 35 countries. More information is available at www.symantec.com.

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