EX-99.1 2 dex991.htm TEXT OF PRESS RELEASE ISSUED BY WIND RIVER SYSTEMS, INC. Text of press release issued by Wind River Systems, Inc.

Exhibit 99.1

LOGO

 

CONTACT:

Anne Marie McCauley, Vice President, Investor Relations

510-749-2551

annemarie.mccauley@windriver.com

Wind River Authorizes Additional $50 Million Share Repurchase Program

Alameda, CA – April 8, 2008 – Wind River Systems, Inc. (NASDAQ: WIND), the global leader in Device Software Optimization (DSO), today announced its Board of Directors has approved a new $50 million share repurchase program. Wind River has completed its purchases under the share repurchase program announced in June 2007, pursuant to which Wind River purchased approximately 6.8 million shares for a total of approximately $50 million.

Under the new share repurchase program, Wind River may repurchase shares from time to time at management’s discretion in accordance with applicable securities laws in the open market or in privately negotiated transactions. Repurchases will depend upon market conditions and other factors, and repurchases may be commenced or suspended from time to time at Wind River’s discretion without prior notice. For all or a portion of the authorized repurchase amount, Wind River may enter into a plan that is compliant with Rule 10b5-1 under the Securities Exchange Act of 1934.

About Wind River

Wind River is the global leader in Device Software Optimization (DSO). Wind River enables companies to develop, run, and manage device software faster, better, at lower cost, and more reliably. Wind River platforms are pre-integrated, fully standardized, enterprise-wide development solutions. They reduce effort, cost and risk, and optimize quality and reliability at all phases of the device software development process, from concept to deployed product.

Founded in 1981, Wind River is headquartered in Alameda, California, with operations worldwide. To learn more, visit Wind River at http://www.windriver.com or call 1-800-872-4977.

###

 

Page 1

LOGO

The Wind River logo is a trademark of Wind River Systems, Inc., and Wind River is a registered trademark of Wind River Systems. Other marks used herein are the property of the respective owners.

 

Page 2