BroadVision Announces Completion of Reverse Stock Split

REDWOOD CITY, Calif.--(BUSINESS WIRE)--BroadVision, Inc. (OTCBB:BVSN), a global provider of web self-service solutions announced today that it has completed the previously announced 25-to-one reverse stock split. The reverse split is effective as of 5:00 pm EDT on Friday, October 24, 2008 and will be traded on an as adjusted basis starting Monday, October 27, 2008 on the OTCBB under the symbol BVIS.

“We are pleased to have completed the reverse stock split, which we hope will allow us to satisfy the minimum bid price requirement for re-listing on the NASDAQ global market.”

Stockholders who hold their shares in brokerage accounts or "street name" will not be required to take any action to effect the exchange of their shares, other than as requested by their banks, brokers or nominees. Stockholders of record who hold share certificates will receive instruction from Computershare on how to receive new stock certificates. Fractional shares resulting from the reverse split will be paid out in cash.

Dr. Shin-Yuan Tzou, Chief Financial Officer of BroadVision, stated: “We are pleased to have completed the reverse stock split, which we hope will allow us to satisfy the minimum bid price requirement for re-listing on the NASDAQ global market.”

About BroadVision

Driving innovation since 1993, BroadVision is a global provider of e-business solutions. Our modular applications and agile toolsets, built on a robust framework for personalization and self-service, power mission-critical web initiatives that deliver unparalleled value to diverse customers worldwide. Hundreds of organizations, serving over 50 million registered users — including Baker Hughes, BioRad Laboratories, Fiat, Hilti, Iberia, ING Bank, PETCO, Prime Polymer, Verifone, and Xerox — rely on BroadVision as their platform of choice for e-business.

For more information about BroadVision, Inc., call 1-650-331-1000; e-mail [e-mail] or visit www.broadvision.com.

Information Concerning Forward-Looking Statements

Information in this release that involves expectations, beliefs, hopes, plans, intentions or strategies regarding the future are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, which forward-looking statements involve risk and uncertainties. All forward-looking statements included in this release, including, but not limited to, expectations regarding satisfaction of the minimum bid price requirement for re-listing on the NASDAQ global market, are based upon information available to BroadVision as of the date of this release, and BroadVision assumes no obligation to update or correct any such forward-looking statements. These statements are not guarantees of future performance and actual results could differ materially from BroadVision's current expectations. Various factors and risks associated with BroadVision's business are discussed in its most recent annual report on Form 10-K and in BroadVision's quarterly reports on Form 10-Q as filed with the Securities and Exchange Commission.