BVEW Bindview Development Corp (MM)

BindView Development Corp. (NASDAQ:BVEW) today announced that it will hold a special shareholders meeting on Dec. 8, 2005, to vote on the Company's previously announced merger with Symantec Corp. (NASDAQ:SYMC). The meeting will be held at 9:00 a.m. CST on Dec. 8, 2005, at the BindView corporate offices located at 5151 San Felipe Street, Houston, Texas, 77056. Shareholders of record at the close of business on Nov. 3, 2005, will be mailed the definitive proxy statement in connection with the proposed merger and will be entitled to vote at the Company's special shareholder meeting. The merger is subject to customary conditions, including the approval of the proposed merger by the required vote of the Company's stockholders, and the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. About BindView BindView is a global provider of IT security compliance software. BindView solutions remove barriers that limit an organization's ability to cost effectively demonstrate due care and maintain compliance with IT security policies and regulatory mandates. BindView policy compliance; vulnerability and configuration management; and directory and access management software combine best-practices knowledge with automated controls to reduce risk and protect IT assets at the lowest cost across users, systems, applications and databases in multi-platform environments. More than 20 million licenses have shipped to 5,000 companies worldwide, spanning all major business segments and the public sector. Contact BindView via e-mail at info@bindview.com, on the web at http://www.bindview.com, and at 1-713-561-4000 or 1-800-749-8439. Additional Information and Where to Find It We have filed a definitive proxy statement on Nov. 8, 2005, in connection with the proposed merger transaction. WE URGE INVESTORS AND SECURITY HOLDERS TO READ THIS FILING BECAUSE IT CONTAINS IMPORTANT INFORMATION ABOUT THE MERGER. Investors and security holders may obtain a free copy of the definitive proxy statement and other documents filed by us with the Securities and Exchange Commission at the SEC's Web site: http://www.sec.gov. Free copies of the preliminary proxy statement and other documents filed by us with the SEC may also be obtained from us by directing a request to our investor relations contact Yvonne Donaldson at 713-561-4023. In addition, we and our officers and directors may be deemed to be participants in the solicitation of proxies from our shareholders with respect to the proposed merger. A description of any interests that our officers and directors have in the proposed merger is available in the preliminary proxy statement. Information concerning our directors and executive officers is set forth in our proxy statement for our 2005 annual meeting of shareholders, which was filed with the SEC on April 29, 2005, and our Annual Report on Form 10-K filed with the SEC on March 15, 2005. These documents are available free of charge at the SEC Web site at www.sec.gov or by going to the Investor Relations page on our corporate Web site at www.bindview.com/Company/IR/SECfilings.cfm .