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Red Brick Stockholders Approve
Acquisition by Informix

MENLO PARK, Calif.—December 31, 1998—Informix® Corporation (NASDAQ: IFMX) and Red Brick Systems, Inc. (NASDAQ: REDB) today announced that Red Brick's stockholders approved Informix's acquisition of Red Brick at a special meeting held this morning. Red Brick is now a wholly-owned subsidiary of Informix.

In accordance with the acquisition agreement, each outstanding share of Red Brick common stock was exchanged for 0.6 of a share of Informix common stock, and each outstanding Red Brick stock option was exchanged for an option to acquire 0.6 of a share of Informix stock.

This acquisition combines the most powerful data mart and data warehousing technology and solutions expertise into one company focused on customers' success. The combined strength of both companies makes for the richest decision support solutions that enable customers to maximize the use of their data for competitive advantage.

Additional information regarding the acquisition and the transaction will be distributed to all Red Brick stockholders within the next several days.

About Informix

Informix Corporation, based in Menlo Park, California, provides innovative database products that assist the world's major corporations attain competitive advantage. Informix is widely recognized as the technology leader for corporate computing environments ranging from small workgroups to very large parallel processing applications. Informix's database server, application development tools, superior customer service, and strong partnerships enable the company to be at the forefront of major information technology solution areas including data warehousing, high performance OLTP, and Web/E-Commerce. For more information, contact the sales office nearest you or visit our Web site at

Informix Contact
Kate Patterson
Informix Software, Inc

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