EMC and VMware announced that VMware has filed a Form S-1 Registration Statement with the United States Securities and Exchange Commission relating to the initial public offering ("IPO") of Class A Common Stock of VMware.

VMware will be offering approximately 10% of its Class A Common Stock in the IPO. VMware and EMC expect the IPO will unlock more of VMware's value for EMC shareholders, as well as strengthen VMware's ability to attract and retain the software industry's top talent and reinforce EMC's commitment to VMware's strategy of platform neutrality.

Citi, JPMorgan and Lehman Brothers are acting as the representatives of the underwriters and, together with Credit Suisse, Merrill Lynch & Co. and Deutsche Bank Securities will act as joint book-running managers of the offering.

When available, a copy of the preliminary prospectus relating to the offering may be obtained by contacting: Citi, Brooklyn Army Terminal, 140 58th Street, 8th Floor, Brooklyn, NY 11220 (tel: 718-765-6732; fax: 718-765-6734); JPMorgan, Prospectus Department, National Statement Processing, Prospectus Library, 4 Chase Metrotech Center, CS Level, Brooklyn, NY 11245 (tel: 718-242-8002); or Lehman Brothers c/o Broadridge, 1155 Long Island Avenue, Edgewood, New York 11717 (email: qiana.smith@broadridge.com, tel: 631-274-2635).

A registration statement relating to the Class A Common Stock to be sold in the VMware IPO has been filed with the Securities and Exchange Commission but has not become effective. The Class A Common Stock may not be sold, and offers may not be accepted prior to the time the registration statement becomes effective. This release does not constitute an offer to sell or the solicitation of any offer to buy, and there shall not be any sale of the common shares in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior the registration or qualification under the securities laws of any such state or jurisdiction.