Macromedia and Mercury Announce Strategic Agreement to Optimize Rich Internet Applications

Macromedia (Nasdaq:MACR):

   --  Mercury Application Delivery products will integrate with and
        support Macromedia Flex 2 product line

   --  New relationship helps development teams optimize the quality
        and performance of rich Internet applications

   Macromedia (Nasdaq:MACR) and Mercury Interactive Corporation
(Nasdaq:MERQE) today announced an agreement to integrate Mercury
Quality Center(TM) and Mercury Performance Center(TM) products with
the new Macromedia(R) Flex(TM) 2 product line. Mercury has licensed
Flex technology to help deliver rich data visualization dashboards
within future Mercury products. Macromedia has licensed Mercury
Quality Center and Mercury Performance Center products for use in the
development and deployment of its Flex product line. The integrated
Macromedia and Mercury offerings will help joint customers optimize
both the quality and performance of rich Internet applications.
   "Macromedia is committed to providing best-of-class technology for
building more effective end-user experiences," said David Mendels,
general manager, Macromedia. "Integrating the Macromedia Flex 2
product line with Mercury Application Delivery offerings will allow
Flex development teams to harness the industry's leading quality
management automation software products for a more consistent,
engaging, and responsive end-user experience."
   "High quality experience applications are critical in delivering
the right business outcomes from IT," said Christopher Lochhead, chief
marketing officer, Mercury. "We are excited to work with Macromedia to
help our joint customers optimize the quality and performance of their
rich Internet applications developed with the Macromedia Flex product
line."
   For functional testing, quality assurance teams will be able to
use Mercury QuickTest Professional(TM), part of Mercury Quality
Center, to create effective, object-oriented test scripts and play
them back on each build of the application. Full Flex component object
recognition and property testing allows these teams to reliably record
and play back tests that validate the Flex application is running as
expected. Integrations with Mercury LoadRunner(R), part of Mercury
Performance Center, will help support performance testing of Flex
applications, whether the applications integrate with back-end data
using XML, SOAP web services, or the Macromedia AMF binary protocol.
   Mercury Quality Center allows customers to automate software
quality management across a wide range of application environments,
provide visibility of quality projects, and align the priorities of
quality assurance professionals with the requirements of the business.
Mercury Performance Center allows customers to automate application
load testing and helps verify that applications will meet business
performance requirements.
   The Flex 2 product line and Macromedia Flash(R) Player 8.5 are the
foundation for building effective rich Internet applications that
blend the responsiveness of desktop software, the cross-platform reach
of the web, and the breathtaking expressiveness of the Flash Platform.
Flash Player is currently installed on over 600 million desktops and
mobile devices globally. Mercury Quality Center integration will be
licensed as part of the Flex Enterprise Services 2 product offering.
Flex Builder(TM) 2, the new Eclipse-based development environment for
the Flex Framework, integrates with a wide variety of application life
cycle offerings, including Ant, CVS, FlexUnit, and Mercury Quality
Center. Flex developers can now implement best development practices
in their toolset of choice.
   The integration will be delivered with the Flex 2 product line and
upcoming versions of Mercury QuickTest Professional and Mercury
LoadRunner products. Developers can download public alpha versions of
Flex Builder 2 and Flash Player 8.5 on Macromedia Labs (announced
today; see separate release) at http://www.macromedia.com/go/mmlabs
and Mercury QuickTest Professional at http://www.quicktestpro.com.

   ABOUT MACROMEDIA

   Experience matters. Macromedia is motivated by the belief that
great experiences build great businesses. Our software empowers
millions of business users, developers, and designers to create and
deliver effective, compelling, and memorable experiences -- on the
Internet, on fixed media, on wireless, and on digital devices.

   ABOUT MERCURY

   Mercury Interactive Corporation (NASDAQ:MERQE), the global leader
in business technology optimization (BTO) software, is committed to
helping customers optimize the business value of information
technology. Founded in 1989, Mercury conducts business worldwide and
is one of the largest enterprise software companies today. Mercury
provides software and services for IT Governance, Application
Delivery, and Application Management. Customers worldwide rely on
Mercury offerings to govern the priorities, processes and people of IT
and test and manage the quality and performance of business-critical
applications. Mercury BTO offerings are complemented by technologies
and services from global business partners. For more information,
please visit www.mercury.com

   Forward-Looking Statements

   This press release contains "forward-looking statements" under the
Private Securities Litigation Reform Act of 1995 that involve risks
and uncertainties concerning Mercury's future product and service
offerings. Mercury's actual product and service plans and results may
differ materially from the forward-looking statements made by, or on
behalf of, Mercury. The potential risks and uncertainties include,
among other things: 1) the timing of the availability of Mercury
products, services, product enhancements and service enhancements; 2)
the failure of Mercury products, services, product enhancements and
service enhancements to meet customers' expectations, needs or perform
as described; 3) the dependence of Mercury's financial growth on the
continued success and acceptance of its existing and new software
products and services, and the success of its BTO strategy; 4) the
incorporation of third-party technologies into our products; 5)
intense competition for Mercury's products and services; and 6) the
additional risks and important factors described in Mercury's SEC
reports, including the Annual Report to Stockholders on Form 10-K for
fiscal year ended December 31, 2004, and the Quarterly Report on Form
10-Q for the fiscal quarter ended March 31, 2005, which are available
at the SEC's website at www.sec.gov. All of the information in this
press release is made as of the date of this press release, and
Mercury undertakes no duty to update any forward-looking statements.

   Copyright 2005 Macromedia, Inc. All rights reserved. Macromedia,
the Macromedia logo, Macromedia Flash, Macromedia Flex, and Macromedia
Flex Builder are trademarks or registered trademarks of Macromedia,
Inc., which may be registered in the United States and
internationally. Other product or service names mentioned herein are
the trademarks of their respective owners.