BW0381 JUL 17,2000 13:01 PACIFIC 16:01 EASTERN ( BW)(CA-BRIO-TECHNOLOGY)(BRIO) Brio Announces Corporate Realignment; After 12 Years Yorgen Edholm Will Step Down As CEO and President Business Editors SANTA CLARA, Calif.--(BUSINESS WIRE)--July 17, 2000--Brio Technology (Nasdaq:BRIO) today announced that it has realigned its organization to better meet the needs of its customers and the changing business analytic marketplace. In order to deliver one complete solution for mission critical business analytics, Brio has realigned its internal resources and business structure to achieve its goals and a higher level of customer satisfaction. These changes will allow Brio to focus on establishing a leadership position in the business intelligence market. After founding Brio and serving as its CEO and President for 12 years, Edholm has decided to step down and pass the baton to a new leader and begin a new era in Brio's history. Effective immediately, Brio will begin the search for a new Chief Executive Officer. In the interim, Edholm will continue as CEO and president, managing operations and working with Brio's board of directors to recruit and train his replacement. Edholm has agreed to maintain his current position as a member of the board of directors. As part of the realignment, effectively immediately, Arun Shah has been promoted to Executive Vice President of Development, responsible for Brio's engineering and product development. Scott Chalmers, Executive Vice President of Worldwide Sales, has increased his responsibility to include services and support. Additionally, Katherine Glassey, Brio's CTO, will take on the role of Chief Strategy Officer, responsible for establishing and communicating Brio's corporate vision. Executive Vice President of Marketing Sujata Luther will assume responsibility for Brio ONE product marketing and product management as well as corporate marketing. Janet Dang, Vice President of Brio Applications, will continue to lead the Applications group and Brio's revenue optimization initiatives. Tamara MacDuff, Brio's CFO and Executive Vice President of Finance and Operations will continue to manage finance, investor relations, information technology and human resources. Joe Ramirez will continue as General Counsel. "We thank Yorgen for his years of commitment to Brio. During the past 12 years, Yorgen saw the potential of the business intelligence market, delivered a series of unique and outstanding products and built a company that has become a leader in this industry. His focus, energy and determination have been crucial to the extraordinary success of this company," said E. Floyd Kvamme, partner at Kleiner Perkins Caulfield & Byers and member of the company's board of directors. "It is now time for Brio to realign its business structure to better serve its expanding customer base and adapt to the new shape of the market in order to aggressively move into its next phase of growth." As a result of these organization adjustments, the company has determined to defer the appointment, indefinitely, of a Chief Operating Officer. About Brio Technology Brio Technology, Inc. (Nasdaq:BRIO) delivers a complete business analytic software solution that enables companies to use information -- inside and outside the firewall -- to be more competitive, customer-centric and responsive to the increasing demands of e-business. With Brio ONE, organizations have one integrated, scalable and easy-to-use solution to deliver business intelligence, enterprise reporting, enterprise information portals, and packaged analytic applications across B2E, B2B or B2C environments. Brio ONE helps companies derive higher business value from all of their enterprise information sources, including ERP, SFA and CRM applications, as well as data marts, data warehouses, and the Web. Brio products and services are available through direct sales and professional service organizations located in North and South America, Asia Pacific and Europe, and through worldwide VARs, resellers and distributors. Brio has commercial relationships with companies such as Hewlett Packard, IBM, Microsoft, Oracle, PeopleSoft, SAP and Sun Microsystems. Brio Technology headquarters is located in Santa Clara, California. More information can be found on our Web site: www.brio.com or by calling 408/496-7400 or 877/289-BRIO. The matters contained in this news release that are not purely historical are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, including, without limitation, any statements included herein regarding Brio's future product development and commercialization, product sales and other revenues, market opportunities, beliefs, expectations, goals, financial performance and future strategies, all of which are dependent on certain risks and uncertainties that may cause actual results to differ materially from those expressed in these or any other forward-looking statements made by or on behalf of Brio. These risks and uncertainties include such factors, among others, as the potential for fluctuations in Brio's quarterly operating results, Brio's dependence upon its key personnel, direct sales force, Brio's ability to attract and retain qualified personnel, Brio's lengthy product sales cycle which we believe could be further lengthened if we engage in more enterprise-wide sales, Brio's timely development of, and market acceptance of, software products, impact of hiring and the other risk factors listed in the Company's Prospectus dated April 30, 1998, its Annual Report of Form 10-K and in other filings with the Securities and Exchange Commission. Brio is a registered trademark of Brio Technology. Brio ONE is a trademark of Brio Technology. --30--APS/se* CONTACT: Brio Technology Mark Peterson, 408/496-7754 mark.peterson@brio.com or Financial Contact: Fi.Comm Heidi Flannery, 503/844-8888 heidi.flannery@ficomm.com KEYWORD: CALIFORNIA INDUSTRY KEYWORD: SOFTWARE MANAGEMENT CHANGES