FOR IMMEDIATE RELEASE
Contact: Damon Wright
Senior Director, Investor Relations
Epicor Software Corporation
949/585-4509
dswright@epicor.com
Epicor® Announces Stock Repurchase Program
IRVINE, Calif., November 1, 2007 — Epicor Software Corporation (NASDAQ: EPIC), a
leading provider of enterprise business software solutions for the midmarket and divisions of
Global 1000 companies, announced today that its Board of Directors has authorized the
Company to institute a stock repurchase program whereby up to $50 million of its Common
Stock may be repurchased from time to time. The duration of the repurchase program is openended.
Under the program, the Company is able to purchase shares of common stock through
open market transactions at prices deemed appropriate by management. The timing and
amount of repurchase transactions under this program will depend on market conditions and
corporate and regulatory considerations. The program may be discontinued at any time by the
Board of Directors.
Epicor Chairman and CEO George Klaus commented, “The repurchase program
announced today reflects the Board of Directors’ continued confidence in the Company’s nearand
long-term financial and operating performance and commitment to enhancing shareholder
value.”
About Epicor Software Corporation
Epicor, named one of FORTUNE magazine’s 100 Fastest-Growing Companies in 2006,
is a global leader dedicated to providing integrated enterprise resource planning (ERP),
customer relationship management (CRM), supply chain management (SCM) and professional
services automation (PSA) software solutions to the midmarket and divisions of Global 1000
companies. Founded in 1984, Epicor serves over 20,000 customers in more than 140
countries, providing solutions in over 30 languages. Employing innovative service-oriented
architecture (SOA) and Web services technology, Epicor delivers end-to-end, industry-specific
Epicor Announces Stock Repurchase Program
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solutions for manufacturing, distribution, retail, hospitality and services that enable companies
to drive increased efficiency, improve performance and build competitive advantage. Epicor
solutions provide the scalability and flexibility to meet today's business challenges, while
empowering enterprises for even greater success tomorrow. Epicor offers a comprehensive
range of services with its solutions, providing a single point of accountability to promote rapid
return on investment and low total cost of ownership. Epicor’s worldwide headquarters are
located in Irvine, California with offices and affiliates around the world. For more information,
visit www.epicor.com.
# # #
Epicor is a registered trademark of Epicor Software Corporation. Other trademarks referenced are the property of
their respective owners. The product and service offerings depicted in this document are produced by Epicor
Software Corporation.
Forward-Looking Statements
Management of Epicor Software believes certain statements in this press release may constitute forward-looking
statements under the Private Securities Litigation Reform Act of 1995. These forward-looking statements include
statements regarding the repurchase program, the Company’s prospects and other statements that are not historical
fact. These forward-looking statements are based on currently available competitive, financial and economic data
together with management’s views and assumptions regarding future events and business performance as of the
time the statements are made and are subject to risks and uncertainties. Actual results may differ materially from
those expressed or implied in the forward-looking statements.
Such risks and uncertainties include but are not limited to changes in the demand for enterprise resource planning
products, particularly in light of competitive offerings; the timely availability and market acceptance of new products
and upgrades; the impact of competitive products and pricing; the discovery of undetected software errors; changes
in the financial condition of Epicor's major commercial customers and Epicor's future ability to continue to develop
and expand its product and service offerings to address emerging business demand and technological trends and
other factors discussed in Epicor's annual report on Form 10K for the year ended December 31, 2006 and Form 10-
Q for the quarter ended June 30, 2007. As a result of these factors the business or prospects expected by the
Company as part of this announcement may not occur. Epicor undertakes no obligation to revise or update publicly
any forward-looking statements. |
