EXHIBIT 12.1



BEA Systems, Inc.

Ratio of Earnings to Fixed Charges

(in thousands)



|                                                   |  |                                |         |          |   |          |  |   |        |   |      |   |        |      |   |        |   |  |   |         |  
|-------------------------------------------------- |  | ------------------------------ | ------- | -------- | - | -------- |  | - | ------ | - | ---- | - | ------ | ---- | - | ------ | - |  | - | ------- | -
|                                                   |  | Fiscal Years Ended January 31, |        
|                                                   |  | 2004                           |         | 2003 (2) |   | 2002 (2) |  |   | 2001   |   | 2000 |   |        | 1999 |  
|Income (loss) before income taxes                  |  | $                              | 169,534 |          | $ | 119,823  |  | $ | (4,268 | ) |      | $ | 47,462 |      | $ | (5,657 | ) |  | $ | (46,726 | )
|Add fixed charges                                  |  |                                | 46,493  |          |   | 54,572   |  |   | 50,212 |   |      |   | 35,426 |      |   | 29,385 |   |  |   | 16,615  |  
|                                                   |  |                                |         |          |   |          |  |   |        |   |      |   |        |      |   |        |   |  |   |         |  
|Earnings (as defined)                              |  | $                              | 216,027 |          | $ | 174,395  |  | $ | 45,944 |   |      | $ | 82,888 |      | $ | 23,728 |   |  | $ | (30,111 | )
|                                                   |  |                                |         |          |   |          |  |   |        |   |      |   |        |      |   |        |   |  |   |         |  
|                                                   |  |                                |         |          |   |         
|Fixed charges:                                     |  |                                |         |          |   |          |  |   |        |   |      |   |        |      |   |        |   |  |   |         |  
|Interest expense (1)                               |  | $                              | 30,195  |          | $ | 33,257   |  | $ | 30,232 |   |      | $ | 22,674 |      | $ | 12,363 |   |  | $ | 10,426  |  
|Portion of rent expense representative of interest |  |                                | 12,730  |          |   | 17,134   |  |   | 17,820 |   |      |   | 10,321 |      |   | 7,779  |   |  |   | 5,528   |  
|Amortization of debt premium and issuance costs    |  |                                | 3,568   |          |   | 4,181    |  |   | 2,160  |   |      |   | 2,431  |      |   | 9,243  |   |  |   | 661     |  
|                                                   |  |                                |         |          |   |          |  |   |        |   |      |   |        |      |   |        |   |  |   |         |  
|Total fixed charges                                |  | $                              | 46,493  |          | $ | 54,572   |  | $ | 50,212 |   |      | $ | 35,426 |      | $ | 29,385 |   |  | $ | 16,615  |  
|                                                   |  |                                |         |          |   |          |  |   |        |   |      |   |        |      |   |        |   |  |   |         |  
|Ratio of earnings to fixed charges                 |  |                                | 4.65    |          |   | 3.20     |  |   | *      |   |      |   | 2.34   |      |   | *      |   |  |   | *       |  
|                                                   |  |                                |         |          |   |          |  |   |        |   |      |   |        |      |   |        |   |  |   |         |  

---

|* | Earnings (as defined) were insufficient to cover fixed charges by $4,268, $5,657 and $46,726 for the fiscal years ended January 31, 2002, 2000, and 1999, respectively.
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|(1) | Excludes debt conversion premium of $236 and $8,054 in fiscal 2001 and 2000, respectively, which is included in amortization of debt premium and issuance costs.
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|(2) | Revised to include land lease interest as interest expense rather than operating rent.
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