| | Exhibit
99.2 | 
| | ------------ | 

| | FOR
IMMEDIATE RELEASE
| | ---------------------

| | 
| | 

| | Company Contacts:  |                          | 
| | ------------------ | ------------------------ | 
| | Jacquie Ross       | Celine Allée             | 
| | Investor Relations | Publich Relations        | 
| | 408-863-2917       | 408-863-2916             | 
| | jross@borland.com  | celine.allee@borland.com | 

Doug Barre, Borland Chief Operating Officer to Retire

| | SCOTTS VALLEY,
Calif.October 15,  2003Borland Software Corporation (Nasdaq NM: BORL)
today announced that Doug Barre, 58, chief operating officer at Borland will retire to
spend more time with his family. As he prepares for retirement, Barre will assume an
advisory role working on special enterprise projects. In this position, Barre will
work with the newly appointed senior vice president of worldwide sales, Matt Thompson,* and
other members of the Borland executive management team to facilitate a smooth transition. | 
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | 

| | For
more than three years, Doug has worked tirelessly not only as our chief operating
officer, but also as an integral member of our executive management team, said Dale L.
Fuller, president and CEO of Borland. All of us at Borland owe Doug a tremendous debt of
gratitude for his service to the company. His wisdom, passion, vision, and personal
commitment have helped establish a great team here at Borland as we move further ahead
with our application lifecycle management strategy. He will be greatly missed both
personally and professionally. | 
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | 

| | It
has been a great privilege to have been part of a company that has one of the best known
brands in the software industry that offers a rich technical heritage, commented Barre.
I have greatly enjoyed my tenure and leave on a high note as Borland forges further
ahead with its application lifecycle management strategy. I look forward to entering
retirement and spending more time with my wife and children. | 
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | 

| | Barre
joined Borland in May 2000 as chief operating officer. Prior to joining Borland, Barre
held senior management positions at Compuware Corporation, Bell Mobility, AT&T/Cantel, Imperial
Oil Ltd. and Texaco Canada, Inc. | 
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | 

| | *Note
to Editors Please see related announcement, Borland Appoints New Senior Vice President
of Worldwide Sales, also distributed today. | 
| | ------------------------------------------------------------------------------------------------------------------------------------------ | 

| | About
Borland | 
| | ------------- | 

| | Borland
Software Corporation (Nasdaq NM: BORL) is a world leader in platform independent software
development and deployment solutions that are designed to accelerate the entire
application development lifecycle. By connecting managers, testers, designers,
developers, and implementers in real time, Borland enables enterprises worldwide to
define and sustain their competitive advantage. For more information, visit:
http://www.borland.com or the Borland Developer Network at http://bdn.borland.com. | 
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | 

| | All
Borland brand and product names are trademarks or registered trademarks of Borland
Software Corporation in the United States and other countries. All other marks are the
property of their respective owners. | 
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | 

###