Stock Trading and Stock Investing

Vignette Announces 15% Year-Over-Year Revenue Growth

Company Exceeds High End of Net Income Guidance During Second Consecutive Profitable Quarter; Generates More Than $8 Million in Cash

AUSTIN, Texas (April 26, 2005) Vignette Corporation today announced record non-GAAP profitability for the first quarter ended March 31, 2005. Total revenue for the first quarter of 2005 was $45.6 million, an increase of approximately 15% from the first quarter of 2004, with license revenue representing $16.3 million of total revenue, up nearly 11% from the same period in 2004.
On a GAAP basis, Vignettes net income was $2.7 million, or $0.01 per share. On a non-GAAP basis, Vignettes net income was $2.8 million, or $0.01 per share. Vignette generated more than $8 million dollars of cash during the quarter, increasing its cash and short-term investment balance to $173 million. The company has no outstanding debt.

Company Online Stock Trading Non-GAAP results exclude purchased in-process research and development, acquisition-related and other charges, amortization of deferred stock compensation and certain intangible assets, and one-time charges and gains. One-time charges and gains generally include business restructuring-related, investment and fixed asset impairment charges and gains. A reconciliation of non-GAAP results to generally accepted accounting principles (GAAP) is provided in the tables immediately following the consolidated balance sheet below. Vignette believes non-GAAP financial information provides a more accurate representation of the companys financial performance and uses non-GAAP information internally to evaluate and manage the companys operations. The presentation of this additional information is not a substitute for results prepared in accordance with accounting principles generally accepted in the United States.

Online Trading Stock And "Vignette took two important steps during the first quarter in its ongoing financial progression," said Thomas E. Hogan, president and chief executive officer at Vignette. "First, we achieved record levels of non-GAAP profitability for the second consecutive quarter, and second, we further strengthened an already impressive balance sheet with the generation of more than $8 million in cash. Financial strength remains an imperative for our clients and shareholders. It is the fuel that facilitates our commitment to innovating, serving, and leading our industry, in the important categories of Enterprise Content Management (ECM), Portals, Collaboration, and the enterprise application standard for a fully web-services enabled Service Oriented Architecture."

Stock Investing Course Industry Recognition
Forrester Research ranked Vignette as a leader in its Forrester Wave on Web Content Management for external sites. Vignette was positioned as a leader that scored high in market presence and very favorably when evaluated on its current offering and strategy. Forresters findings are based on Vignettes high scores in content management administration, multisite management and delivery, and geographic presence. The Forrester Wave determines its scores based on a broad set of criteria, including vendor interviews in which companies are surveyed about their product capabilities, visibility and financial situation. Forrester also conducted interviews with the customers of each company to discuss issues such as implementation times, support levels and required maintenance.

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Stock System Trading Vignette Content Management and Vignette Records & Documents were selected as finalists in the Software & Information Industry Associations (SIIA) 2005 Codie Awards. Vignette Content Management was recognized in the Best Content Management Solution category, which will recognize the technology or platform that best adds value to content accessed or distributed by the enterprise or the end-user. Vignette Records & Documents is a finalist in the Best Document Management Product or Service category, which will recognize the best product or service for managing the document life cycle, including retrieving, sharing, tracking, revising, and distributing documents and the information they contain.

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Stock Investing Game Additionally, Vignette Business Collaboration Server was recognized by Network Computing Magazine as a finalist for its 11th Annual Well-Connected Awards in the Enterprise Collaboration category. The Well-Connected Awards honor outstanding technology products and services, and represent the very best the technology industry has to offer. They are chosen by Network Computings technology editors from products that have been tested and evaluated in its labs.

Market Stock Trading Leading industry trade publication KMWorld once again included Vignette in its annual list of the 100 Companies that Matter in Knowledge Management. Vignette was selected based on the comprehensive capabilities including content management, collaboration, integration, portal, and document and records management offered by the Vignette V7 family of products.

Online Stock Trading Canada Expanded Channel Presence with Access Distribution
Vignette announced a distribution relationship with Access Distribution, a General Electric company and a leading value-added distributor, whereby Access Distribution will make the Vignette portal and collaboration solutions available to its reseller partners. Access Distribution will also offer service, education and maintenance programs to newly recruited authorized resellers throughout North America.

Stock Investing Basics Customers
Vignette recognized orders from new and existing customers during the quarter including Aegon UK, Agilisys, Arizona State University, Avnet, Bank of the West, Broad Foundation, Cingular Interactive, Educational Testing Services, Givaudan Fragrances, Hennepin County, MN, Hitachi Global Storage, Houghton Mifflin, HRB Management, Iron Mountain, Lockheed Martin, Ministere de L'Economie et de Finances, National Instruments, PFI Knowledge Solutions Ltd, SPX Corporation, Talbert Medical Group, and TV Globo.

Day Online Stock Trading Reverse Stock Split
On April 7, 2005, Vignette announced that its board of directors authorized a one-for-ten reverse stock split of Vignette common stock. On a pre-split basis, Vignette had approximately 291 million basic shares of common stock outstanding as of the end of trading on Thursday, April 7, 2005. If the reverse stock split is approved, every 10 shares of common stock will be combined into one share of common stock and the total number of basic shares outstanding will be reduced to approximately 29.1 million. Vignette shareholders will be asked to approve the stock split at Vignettes annual shareholder meeting on May 27, 2005, in Austin, TX.

Online Stock Trading Game Conference Call Details
Vignette will host a conference call and live webcast regarding its first quarter 2005 financial results on Tuesday, April 26, 2005, at 8:00 a.m. EDT. A press release associated with the announcement will be released approximately 30 minutes prior to the start of the conference call. To access the webcast, visit the Investor Relations section of Vignettes website.

Stock Investing Software If you are not able to access the live webcast, dial-in information is as follows:

Online Option Stock Trading Dial-in number: (612) 332-1025
Call title: Vignette Financial Results

India Online Stock Trading The conference call and webcast will be archived and available for replay from Tuesday, April 26, 2005, at 11:30 a.m. EDT to Monday, May 2, 2005, at 12:59 a.m. EDT. The replay information is as follows:

Stock Investing For Dummy Toll-free number: (800) 475-6701
International number: (320) 365-3844
Access code: 777901

Software Stock Trading About Vignette Corporation
Vignettes software and expertise help organizations harness the power of information and the Web for measurable improvements in business efficiency. As the efficiency experts, Vignette (Nasdaq: VIGN) helps organizations increase productivity, reduce costs, improve user experiences and manage risk. Vignettes intranet, extranet and Internet solutions incorporate portal, integration, enterprise content management and collaboration capabilities that can rapidly deliver unique advantages through an open, scalable and adaptable architecture that integrates with legacy systems. Vignette is headquartered in Austin, Texas, with local operations worldwide. Visit http://www.vignette.com/ to see how Vignette customers achieve measurable improvements in business efficiency and to find out why more companies prefer Vignette.

Online Stock Trading Review FORWARD-LOOKING STATEMENTS
This release may contain forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All forward-looking statements included in this document are based upon information available to Vignette as of the date hereof, and Vignette assumes no obligation to update any such forward-looking statement.

Stock Investing Tip Vignette, the V Logo, e:fficiency, and e:fficiency experts are trademarks or registered trademarks of Vignette Corporation in the United States and other countries.

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