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Revenues Increase 33 Percent To Record Levels Including 54
Percent Increase In License Revenue

PLATINUM technology, inc. (NASDAQ: PLAT) today reported net
income for the quarter ended September 30, 1997 of $10.2
million, or $0.16 per share, on record revenues of $160.2
million. For the same period last year, the company reported
revenues of $120.3 million and a net loss of $3.9 million,
or $0.07 per share, excluding the effects of charges for
acquired in-process technology. The net loss for the third
quarter of 1996 was $7.5 million, or $0.13 per share,
including after-tax charges of $3.6 million, or $0.06 per
share, for acquired in-process technology.

For the first nine months of 1997, revenues rose 30 percent
to $412.3 million from $316.6 million for the 1996 period.
Excluding restructuring and other one-time charges, merger
costs and charges for acquired in-process technology, net
income for the nine-month period ended September 30, 1997
was $2.8 million, or $0.04 per share, compared with a net
loss of $21.9 million, or $0.39 per share for the comparable
prior-year period. The net loss for the first nine months of
1997 was $94.0 million, or $1.53 per share, including
after-tax charges of $96.8 million, or $1.57 per share, for
restructuring and other one-time charges, merger costs and
charges for acquired in-process technology. The net loss for
the same period in 1996 was $37.3 million, or $0.66 per
share, including after-tax charges of $15.4 million, or
$0.27 per share.





Results for the quarter reflected strong revenue growth led
by systems and database management. PLATINUM delivered
license revenue growth of 54 percent for the quarter. This
growth occurred across all geographic regions, particularly
the United States.

PLATINUM secured a growing number of transactions that
exceeded $1 million, with many of these contracts reaching
multi-million dollar levels. "We are seeing our customers
invest heavily in PLATINUM's superior technology solutions
and broad product offerings," said Andrew (Flip) J.
Filipowski, president and chief executive officer. "This
quarter we signed a record number of multi-million dollar
customer deals including one that exceeded $10 million. The
acceleration of these major software and services contracts
further validates our strategy of successfully delivering
complete IT infrastructure solutions for our customers," he
added.

"We are encouraged by the significant growth within the
systems and database management business units," said
Filipowski. "We are especially pleased with the significant
amount of swap-out business we won from our competitors."
Filipowski added that he expects the company to gain a
significant competitive advantage with PLATINUM ProVision, a
newly introduced suite combining several of the company's
best-selling individual products. Customer reaction to
ProVision has been extremely positive, and plans are on
target for customer shipments by the end of 1997.

Michael Cullinane, executive vice president and chief
financial officer, emphasized the continued focus on
managing expense growth to maximize profitability. "We have
worked hard to prioritize investment decisions while still
maintaining revenue growth rates exceeding that of all our
major competitors. This balance is especially challenging
given the dynamic nature of our business, but in line with
our commitment for continued profitability. Maintaining this
focus has resulted in our meeting or exceeding analyst
consensus expectations for the fifth consecutive quarter."





Cullinane added that the pipeline is strong as the company
enters the fourth quarter and the outlook for the balance of
the year is quite favorable.





Third Quarter Highlights: Customer Wins PLATINUM was
selected by the U.S. Bureau of Census to provide
enterprise-wide hierarchical storage management. Under this
multi-million dollar contract, PLATINUM will provide
consulting services and its NetArchive solution to backup,
retrieve, migrate and restore large amounts of the Bureau's
operations data.

Strategic Partnerships Hewlett-Packard Company: PLATINUM
technology, inc. and HP joined forces to help Owens Corning
reengineer with SAP R/3 applications. This collaboration
will help the global glass-fiber manufacturer to realize a
$50 million first-year return on its investment, thanks to
improved service and streamlined business systems.

Microsoft: PLATINUM and Microsoft formally announced a
collaboration for development and design of repository
technology. PLATINUM technology developers are currently
based at the Microsoft Redmond campus with co-development
underway.

New Products ProVision: PLATINUM previewed ProVision, the
first integrated systems and database management suite,
which builds upon the strength of PLATINUM's market-proven
tools to deliver a cost-effective, flexible solution to
streamline the management of IT infrastructure at PLATINUM's
annual users conference.





Advisor: PLATINUM announced PLATINUM ADvisor, the industry's
first decision support solution that provides CIOs,
application development managers and project managers with a
complete picture of the application development process,
from a decision support stand point.

Safe Harbor Provision: The statements contained in this
release regarding PLATINUM's future operating results and
performance and business prospects are "forward-looking
statements" subject to the safe harbor created by the
Private Securities Litigation Reform Act of 1995. Where
possible, the words "expect," "believe," "anticipate" and
similar expressions, as they relate to PLATINUM or its
management, have been used to identify such forward-looking
statements. These statements reflect PLATINUM's current
beliefs and specific assumptions with respect to future
business decisions and are based on information currently
available to PLATINUM. Accordingly, the statements are
subject to significant risks, uncertainties and
contingencies which could cause PLATINUM's actual operating
results, performance or business prospects to differ from
those expressed in, or implied by, these statements. These
risks, uncertainties and contingencies include the
maturation and success of PLATINUM's software infrastructure
strategy, risks inherent in conducting international
business, risks associated with conducting a professional
services business, changes in PLATINUM's product and service
mix and product and service pricing, the effectiveness of
PLATINUM's efforts to control operating expenses, general
economic and business conditions in the United States and
other countries in which PLATINUM sells its products and
services, charges and costs related to acquisitions, and
PLATINUM's ability to: develop and market existing and
acquired products for the software infrastructure market;
successfully integrate its acquired products, services and
businesses and continue its acquisition strategy; adjust to
changes in technology, customer preferences, enhanced
competition and new competitors in the software
infrastructure and professional services markets; protect
its proprietary software rights from infringement or
misappropriation; maintain or enhance its relationships with
relational database vendors; and attract and retain key
employees. PLATINUM is not obligated to update the
information contained in this press release.





About PLATINUM PLATINUM technology, inc. provides a unique
set of software and services for IT organizations to improve
performance and reduce the risk associated with IT
infrastructures. PLATINUM's 10,000 worldwide customers rely
on the company's products and services to provide
around-the-clock, behind-the-scenes management of data,
systems and applications. Areas of IT management expertise
include database management, systems management, application
lifecycle, data warehouse, decision support and Year 2000
conversions.

PLATINUM distributes its products worldwide through a
network of domestic and international sales offices.
Additional information about PLATINUM is available at
http://www.platinum.com, or by calling 1-800-442-6861 or
1-630-620-5000.

Editors Note: All PLATINUM product names and product
category names are trademarks of PLATINUM technology, inc.
Other company names and product names referenced herein may
be trademarks or registered trademarks of the respective
corporation

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