(212) 842-7126 alaban@petskyprunier.com

60 Broad Street, 38 th Floor New York, NY 10004 (212) 842-6020 Fax (212) 842-6039 www.petskyprunier.com info@petskyprunier.com FOR IMMEDIATE RELEASE Contact: Amy LaBan (212) 842-7126 alaban@petskyprunier.com 1Q13 Review of M&A and Investment Activity in the : 601 Totaling a $13.8 Billion Marketing Technology Was the Most Active Segment in 1Q13 with 190 ; Information & Business Services Was the Highest Value Segment with $3.8 Billion in Deal Value March 28, 2013 (New York, NY) During 1Q13, Petsky Prunier tracked 601 M&A and investment transactions for a total of $13.8 billion across five broad segments: Technology, Marketing Technology, Software, Communications, and Information & Business Services. Marketing Technology was the most active segment, accounting for nearly one-third of total volume during the quarter with 190 deals announced. Of those, 129 reported $2.5 billion in value. Information & Business Services and Communications were the highest reported value segments in 1Q13 with $3.8 billion and $2.7 billion in value, respectively, largely as a result of Oracle s purchase of Acme Packet, valued at $1.7 billion, and CVC Capital s $1.5 billion buyout of Italy-based Cerved Group. While activity increased 33 percent compared to 1Q12, the 52 percent year-over-year decline in value was largely due to seven +$1 billion deals worth $16.5 billion that were announced during 1Q12. The largest of these transactions included Cisco s $5 billion purchase of NDS Group, and Advent International s $3 billion purchase of TransUnion. Note, the approximately $24.4 billion Dell take-private transaction, led by Michael Dell and Silver Lake, was excluded from the 1Q13 analysis. Since the transaction was announced, the company has also received competing proposals from Icahn and Blackstone. MARKETING, MEDIA, TECHNOLOGY AND SERVICE INDUSTRIES Technology, MARKETING, Software, MEDIA, and TECHNOLOGY Information & AND BusinessServices SERVICE INDUSTRIES Industries M&A 1H12 AND M&A INVESTMENT AND INVESTMENT ACTIVITY: ACTIVITY 1Q12-1Q13 M&A 1Q11-2Q12 ($ and in Millions) Billions) Investment Activity ($ in Billions) Technology, MARKETING, Software, MEDIA, and TECHNOLOGY Information & AND Business SERVICE Services INDUSTRIES Industries 2Q12 1Q13 M&A M&A AND and INVESTMENT Investment Activity ACTIVITY ($ ($ in in Millions) Millions) Software $2,297 DOLLAR DEAL VOLUME VALUE 571 587 586 601 Communications $2,737 Information & Business Services $3,762 452 DOLLAR DEAL VOLUME VALUE $28.7 $26.6 $23.9 $18.8 $13.8 1Q12 2Q12 3Q12 4Q12 1Q13 Marketing Technology $2,526 Technology $2,521 M&A Activity Acquisitions accounted for 46 percent of total transactions in 1Q13, down from 51 percent in the previous quarter. A total of 276 acquisitions was announced during the quarter, of which 68 reported $10.3 billion in value. Compared to the previous quarter, volume and reported value decreased eight percent and 36 percent, respectively. Activity was led by the Software segment, which announced 79 acquisitions, followed by the Marketing Technology and Information & Business Services segments, each with 71 acquisitions announced. Information & Business Services and Communications were the highest reported value segments, announcing $3.4 billion and $2.4 billion in value. Page 1

While Software remained the most active M&A segment in 1Q13, volume and value fell 12 percent and 62 percent, respectively, from the previous quarter. More than one-quarter of the acquisitions in the segment were announced in the Healthcare Software subsegment, with 21 deals, of which four reported $385 million in value. ERP Software was also an active M&A subsegment during the quarter, with 14 deals announced. Notable acquisitions announced in the segment during 1Q13 included: Allscript s $235 million acquisition of the remaining 75 percent stake in dbmotion, a developer of system interfaces and data analytics tools for healthcare providers, and its acquisition of Jardogs, a developer of personal health record tools for outcomes management and home monitoring, as well as an in-office kiosk for automating patient registration and billing ION Trading s $112 million acquisition of the remaining 75 percent stake in FFastFill, a company offering SaaS solutions for the electronic trading community, including a front-end trading and risk management software and spread trading tools, at a valuation of 4.4x revenue and 30.6x EBITDA There were 71 acquisitions announced in the Marketing Technology segment, of which 20 reported $1.6 billion in value. Quarter-over-quarter activity in the segment was flat, while reported value increased 12 percent. The most active subsegments were Analytics & Reporting and Content Management, with a combined total of 18 acquisitions announced, up from 11 in 4Q12. in the segment announced during 1Q13 included: Google s $125 million acquisition of Channel Intelligence, a provider of on-demand data solutions that help online consumers find and buy products on retailer, manufacturer, or destination shopping websites Twitter s acquisition of Bluefin Labs, a social TV analytics company providing solutions to brand advertisers, advertising agencies, and TV networks, in a deal reportedly valued at more than $50 million Opera Software s acquisition of Skyfire Labs, a provider of mobile video optimization and cloud solutions, for an upfront consideration of $50 million, valuing the company at 12.2x revenue In the Information & Business Services segment, reported value was flat, while volume fell 24 percent from the previous quarter. Fifty-nine percent of acquisitions were announced among Business Services companies, while the remainder of were of Information-focused companies. IT Consulting/Systems Integration was the most active Information & Business Services subsegment, with 15 acquisitions announced, accounting for 21 percent of total activity in the segment. Fifteen of these were purchases of U.S. and Canada-based companies, while the other six were acquisitions of companies operating in Europe and India. announced in the segment during 1Q13 included: Athenahealth s $295 million ($215 million enterprise value) acquisition of Epocrates, a provider of clinical information and support tools to healthcare professionals, and interactive services to the healthcare industry, valuing the company at 2.0x revenue Electra Partners $250 million acquisition of Ireland-based UBM s Data Services business the bulk of UBM s Data Services segment which provides data and information products used to support decision-making and day-to-day marketing and analytics activities Thomson Reuters acquisition of UK-based Practical Law Group, a company providing legal know-how, transactional analysis, and market intelligence services for lawyers, reportedly valued between $325 million and $490 million There were 30 M&A transactions announced in the Technology segment during 1Q13, of which eight reported $1.7 billion in value. Financial Technology was the most active subsegment with 11 acquisitions announced, up from four in the previous quarter. The Cloud Storage and Cloud Computing subsegments together accounted for 30 percent of the total M&A activity in the segment, with a total of nine transactions announced. Technology acquisitions announced during 1Q13 included: Fidelity National Information Services $120 million acquisition of the remaining 78 percent stake in mfoundry, a provider of mobile banking and payment solutions for financial institutions and retailers Shutterfly s acquisition of ThisLife, which offers a cloud storage and photo-sharing platform, for a rumored $25 million Salesforce.com s acquisition of Pasona Tquila, a Japan-based company offering enterprise cloud computing systems and support services, from Japan-based HR services company Pasona Group Page 2

There were 25 M&A transactions announced in the Communications segment in 1Q13, down 42 percent from 4Q12. Of those acquisitions, ten reported $2.4 billion in value. The largest acquisition during the quarter was Oracle s $2.1 billion purchase ($1.7 billion enterprise value) of Acme Packet, a company providing session delivery network solutions that enable the delivery of voice, video, data, and unified communications services and applications across Internet protocol networks. Additional notable transactions during 1Q13 in the segment included: Cisco s $475 million acquisition of Israel-based Intucell, a mobile networking company providing self-optimizing network solutions that enable carriers to plan, configure, manage, and optimize cellular networks, according to real-time network demands Oracle s acquisition of telecommunications software provider Tekelec, which develops telecommunications products for fixed, mobile, and packet networks worldwide F5 Networks acquisition of LineRate Systems, which develops and sells software-defined network service solutions for packet core operators, and cloud and Web service providers Investment Activity There were 325 investments announced in 1Q13, of which 288 reported $3.5 billion in value. Marketing Technology was the most active investment segment, with 119 deals announced, of which 109 reported $891 million in value. The Social Technology and Analytics & Reporting subsegments together accounted for more than one-third of the investment activity during the quarter, with a combined 41 deals announced, of which 39 reported $253 million in value. Investments announced in the Marketing Technology segment during 1Q13 included: The $75 million Technology Crossover Ventures-led investment in AppNexus, a company that runs a real-time bidding platform offering ad serving, yield management, optimization algorithms, and brand and safety monitoring tools The $54 million Goldman Sachs-led investment in Infusionsoft, a provider of email marketing and customer relationship management solutions for small businesses The $35 million U.S. Venture Partners-led investment in InsideSales.com, which operates an inside sales automation platform offering phone dialer and lead management software solutions Software was the second most active investment segment with 86 transactions announced, of which 76 reported $1.1 million in value. Security Software was both the most active and highest reported value Software subsegment, with 24 investments announced, of which 22 reported $243 million in value. Compared to the previous quarter, Security Software volume and value increased 85 percent and 52 percent, respectively. With 11 investments announced, of which 10 reported value worth $200 million, Application Management Software was also an active Software subsegment and had quarter-over-quarter growth in volume and value of 22 percent and 158 percent, respectively. Investments in the Software segment announced during 1Q13 included: The $80 million Insight Venture Partners-led investment in New Relic, which provides application performance management tools, at a $750 million valuation The $50 million Technology Crossover Ventures-led investment in Actifio, a maker of virtualization data storage software systems for reducing repetitive copies of data, at a $500 million valuation The $50 million Goldman Sachs-led investment in FireEye, a provider of cyber attack protection software Investment activity and value in the Technology segment increased 58 percent and 87 percent, respectively, quarter-overquarter, with 60 investments announced, of which 58 reported $824 million in value. Contributing to the increase in activity were the Big Data, Financial Technology, and Cloud Storage subsegments, in which aggregate activity increased 95 percent from 37 to 19 investments announced. Notable investments in the Technology segment during 1Q13 included: The $52 million Dell Ventures-led investment in Skyera, a solid-state storage technology company offering solutions for analytics, big data, cloud, and virtualization applications The $45 million MasterCard-led investment in Mu Sigma, a provider of big data analytics and decision-support solutions to large companies, reportedly valuing the company at $1 billion Page 3

Buyer & Investor Activity 1Q13 Most Active Strategic Buyers by Buyer Representative Targets Reed Elsevier Group 3 Aureus Sciences, Knovel, Knowledge Mosaic Oracle 3 Acme Packet, Nimbula, Tekelec SAP 3 Camilion, SmartOps, Ticket-Web Cisco Systems 3 Cognitive Security, Intucell, SolveDirect Service Management Allscripts 2 dbmotion, Jardogs Autodesk 2 Allpoint Systems, Firehole Technologies Twitter 2 Bluefin Labs, Crashlytics Microsoft 2 id8 Group R2 Studios, MetricsHub Intuit 2 Payvment, Telanetix Cloud Sherpas 2 Innoveer Solutions, Navigis Google 2 Channel Intelligence, DNNresearch Strategic buyers announced 247 deals, of which 58 reported $6.2 billion in value. Software and Marketing Technology were the most active segments among strategic buyers, together accounting for 55 percent of activity and 31 percent of reported value during the quarter. Communications was the highest reported value segment, with $2.4 billion in value, followed by Information & Business Services and Software, which reported $1.1 billion and $1.1 billion in value, respectively. Buyout firms announced 29 acquisitions in 1Q13, up seven percent from 27 announced in 4Q12. Of those announced, 10 reported $4.1 billion in value. Twenty buyouts were announced in the Information & Business Services and Software segments, accounting for nearly seventy percent of total buyout volume and 58 percent of value. Sizeable buyout transactions announced in 1Q13 included: CVC Capital s $1.5 billion buyout of Italy-based Cerved Group, a credit data and business intelligence company, valuing the company at 3.9x revenue, along with its $320 million buyout of SPi Global, a Philippines and U.S.-based company offering voice and non-voice business process outsourcing, and customer relationship management services TPG Capital s acquisition of Eze Castle Integration, which provides technology solutions to the investment management firms, and RealTick, a developer of multi-asset electronic trading solutions for brokers, institutions, and traders, for a rumored purchase price between $900 million and $1 billion 1Q13 Most Active Investors by Investor Representative Targets Intel Capital 6 500friends, Apperian, Big Switch Networks, Fortumo, Mirantis, Nexmo 500 Startups 5 15Five, Hedgeye Risk Management, MyPermissions, PayrollHero.com, Soldsie Andreessen Horowitz 5 DataGravity, Illumio, Morta Security, Name Media, PagerDuty Battery Ventures 5 Catchpoint Systems, Diablo Technologies, Panaya, Sprinklr, Q2ebanking Bessemer Venture Partners 5 Anunta Tech Infrastructure Services, Convertro, Intigua, Simply Measures Atlas Venture 4 clypd, DataXu, Discoverly, Hstreaming Austin Ventures 4 Adometry, Bloomfire, Dachis Group, Handshakez Bain Capital 4 AppNeta, BTI Systems, Persado, SevOne Insight Venture Partners 4 AirWatch, New Relic, Pluralsight, SR Labs Benchmark Capital 3 Euclid, Rentify, Sailthru Norwest Venture Partners 3 Health Catalyst, PICS Auditing, STELLAService Baird Capital 3 Coalfire Systems, High Street Partners, Montage Talent Runa Capital 3 Collrox, Gruzobzor, U-Bank True Ventures 3 Concurrent, MobileSpan, TripeLift Page 4

Among venture and growth capital investors in 1Q13, reported volume and value increased 13 percent and 36 percent, respectively, compared to the previous quarter. The most active investor was Intel Capital with six investments announced during the quarter, followed by 500 Startups, Andreessen Horowitz, Battery Ventures, and Bessemer Venture Partners, which each announced five investments. Insight Venture Partners made the largest investments during the quarter, investing a total of $361 million, followed by Bain Capital, which invested a total of $189 million. IPO Activity There were four IPOs in the Software, Technology, and Information & Business Services industries in 1Q13 Marin Software, which offers a revenue acquisition management platform of integrated digital advertising management solutions for search, display, social media, and mobile advertising; Model N, a provider of revenue management solutions for the life science and technology industries; Professional Diversity Network, an operator of online professional networks and job boards; and Xoom, which provides consumer-to-consumer online money transfer solutions for both online and mobile transactions. Model N closed the month trading up 157 percent from its first day closing prices, while Marin Software, Professional Diversity Network, and Xoom closed down two percent, 13 percent, and 10 percent, respectively. Blackhawk Network, Quintiles, Rally Software, and Softmax each submitted their IPO filing in 1Q13 but have yet to price. *All values as of 3/27/13. Transaction values include only reported up-front cash payments and do not account for any potential future performance-based compensation. Page 5

Quarterly M&A and Investment Activity by Segment Most Active Technology s Value Financial 7 132 24 1,302 243% 886% 45 1,865 Big Data 14 135 15 200 7% 49% 41 487 Cloud Computing 13 1,345 13 200 0% (85%) 38 2,694 Cloud Storage 11 114 12 85 9% (25%) 34 399 Data Center 4 168 9 118 125% (30%) 29 2,169 Enabling 4 20 5 13 25% (33%) 15 87 Mobile Infrastructure 6 61 4 120 (33%) 97% 22 659 Infrastructure 0 0 3 424 NM NM 3 424 Virtualization 4 44 3 55 (25%) 26% 15 274 Home Automation 0 0 2 3 NM NM 4 2,016 Total 63 2,019 90 2,521 43% 25% 246 11,072 Most Active Marketing Technology s Analytics & Reporting 20 65 30 225 50% 250% 94 488 Social Technology 22 50 27 149 23% 196% 113 1,896 Content Management 32 359 22 54 (31%) (85%) 142 1,114 BI Tools 12 440 12 130 0% (70%) 41 795 CRM 7 29 12 205 71% 611% 27 762 MRM/Workflow Management 13 56 11 9 (15%) (85%) 38 184 Ad Serving 4 11 10 226 150% 1,919% 27 432 Commerce Management 11 43 10 165 (9%) 287% 45 498 Media Management System 2 50 9 45 350% (11%) 19 348 Teleservices/eServices 7 11 8 134 14% 1,147% 23 248 Mobile Technology 13 106 7 79 (46%) (26%) 46 598 Online Targeting/Optimization 9 68 7 71 (22%) 4% 40 326 Subtotal 152 1,288 165 1,491 9% 16% 655 7,688 Other 37 1,006 25 1,036 (32%) 3% 126 3,836 Total 189 2,294 190 2,526 1% 10% 781 11,525 "Other" includes Content Delivery Network, Creative Production Platform, Data Quality, Email/Messaging Software, Internet Service Providers, Market Research Software, Marketing Asset Management, Product/Price Software, Search & Discovery, Segmentation/Data Mining, SFA/Lead Management, Web to Print, and Website Creation/Hosting Most Active Software s Healthcare 33 358 33 478 0% 34% 137 4,447 Security 27 224 28 343 4% 53% 75 1,014 ERP 23 2,697 18 53 (22%) (98%) 76 5,407 Application Management 13 78 14 200 8% 158% 50 358 HR 15 34 12 67 (20%) 94% 50 2,168 Collaboration 18 74 8 22 (56%) (70%) 43 4,972 Engineering 2 0 8 11 300% NM 19 1,831 Financial 13 135 8 338 (38%) 152% 49 1,530 Infrastructure 9 114 8 196 (11%) 72% 82 3,440 Software Development Tools 10 141 8 90 (20%) (36%) 33 498 Subtotal 163 3,853 145 1,798 (11%) (53%) 614 25,666 Other 19 306 20 500 5% 63% 90 1,649 Total 182 4,160 165 2,297 (9%) (45%) 704 27,315 "Other" includes Credit/Risk, Data Management, Geo-Demo, Legal, Software Platform, and Unclassifed Software Page 6

Most Active Communications s Enterprise Mobility 10 392 14 212 40% (46%) 31 612 Networking Equipment 17 3,249 10 529 (41%) (84%) 95 5,468 Communications Software 14 1,094 7 83 (50%) (92%) 42 3,000 Radio 1 145 5 78 400% (46%) 7 239 Software-defined Networking 2 201 4 108 100% (47%) 9 1,589 Messaging & Mediation Software 2 4 3 3 50% (30%) 8 7 VoIP Equipment & Software 0 0 2 1,707 NM NM 9 1,807 Satellite & Microwave Equipment 6 266 1 12 (83%) (96%) 37 867 Video Communications Software 5 52 1 6 (80%) (88%) 13 76 Subtotal 30 1,762 23 1,997 (23%) 13% 125 7,585 Other 9 270 0 0 (100%) (100%) 32 1,086 Total 66 5,673 47 2,737 (29%) (52%) 283 14,751 "Other" includes Cellular Communications Equipment, Network Infrastructure Software, NFC & Bluetooth-based Technology, Processing & Transmission Equipment, Radio & TV Broadcasting Equipment, Telephone Equipment, Web Conferencing Software, WiMax, and Wireless Backhaul Most Active Information & Business Services s IT Consulting/Systems Integration 33 140 21 234 (36%) 67% 87 4,542 BPO 3 550 10 337 233% (39%) 19 1,993 Financial Information 6 1,932 10 104 67% (95%) 23 2,468 Market Research 8 1,236 10 55 25% (96%) 52 2,991 Staffing 6 700 9 827 50% 18% 16 1,527 Corporate Training 3 0 8 134 167% NM 24 223 Healthcare Information 1 10 7 235 600% 2,302% 20 944 HR Information 0 0 5 49 NM NM 5 49 Engineering/Scientific/Tech Information 2 0 4 37 100% NM 6 37 Legal Information 0 0 4 0 NM NM 5 0 Management Consulting 2 0 4 8 100% NM 7 8 Subtotal 64 4,568 92 2,020 44% (56%) 264 14,781 Other 22 40 17 1,742 (23%) 4,293% 70 3,689 Total 86 4,607 109 3,762 27% (18%) 334 18,469 "Other" includes Collections, Contact Center, Credit/Risk Consulting, Credit/Risk Management Information, Engineering Consulting, Financial Consulting, Geo-Demo Information, Healthcare Consulting, HR Consulting, IT Information, Legal Consulting, Marketing Data, and Product/Price Information About Petsky Prunier LLC Petsky Prunier (www.petskyprunier.com) is one of the leading investment banks in the technology, media, marketing, ecommerce, and healthcare industries. Our firm s mergers and acquisitions and private placements advisory services reflect a unique blend of product specialization and industry expertise. Together with strategic consulting firm Winterberry Group (www.winterberrygroup.com), a Petsky Prunier company, our organization represents one of the largest industry-specific advisors providing strategic and transactional services. In addition, we offer international reach through our partnership with Altium (www.altiumcapital.com). Established for more than 20 years and privately owned, Altium is an international investment bank operating from nine offices across Europe. Securities transactions are processed through Petsky Prunier Securities LLC. ### Page 7