VATA Versata (MM)

Versata, Inc. (Nasdaq:VATA), a leading independent provider of rapid application development platforms to automate and manage complex, data-intensive business systems, will issue its second quarter financial results on Tuesday, June 14, 2005, after the market closes. The release will be followed by a conference call at 2:00 pm PDT (5:00 pm EDT) hosted by Will Frederick, CFO and interim CEO and president. To access the release and the conference call over the Internet on Tuesday, June 14, 2005, please go to http://www.versata.com. A rebroadcast of the call can be accessed over the Internet at http://www.versata.com shortly after the call has been completed. The rebroadcast will be available for one week. About Versata Versata provides solutions for automating and simplifying the building, maintenance and ongoing evolution of large, complex, data-intensive enterprise applications. The Versata solution effectively and efficiently replaces time-intensive hand coding efforts with simple, intuitive business rules and graphical process flow specification. Versata Global 2000 customers include Bank of America, British Telecom (BT), Cendant, CGI-AMS, JPMorgan Chase & Co., Meridian Health Care Management, Merrill Lynch and Union Bank of California. For more information, please visit http://www.versata.com. This advisory may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results may vary materially from the expectations contained in the forward-looking statements. The forward-looking statements in this advisory include statements addressing the following subjects: company's expected date and time for announcing the results for the second quarter ended April 30, 2005. The time and date for the announcement are subject to change due to unforeseen factors. More information on risks and uncertainties related to the company and its business may be found in the Company's quarterly and annual reports filed with the United States Securities and Exchange Commission.