Funds Advised by Apax Partners Extend Offer to Acquire Epicor Software Corporation to Coincide with Expected Closing of Debt Financing

In connection with the previously announced agreement to acquire Epicor Software Corporation

, Element Merger Sub, Inc., Eagle Parent, Inc. and Epicor today announced that Element and Eagle have extended the expiration of their tender offer to acquire all of the outstanding shares of Epicor's common stock for $12.50 net per share in cash, without interest and less any applicable withholding taxes, to 5:00 p.m., Los Angeles time, on Friday, May 13, 2011, unless further extended. The tender offer was previously scheduled to expire at midnight, Los Angeles time, on Friday, May 6, 2011. All other terms and conditions of the tender offer remain unchanged, including, without limitation, the tender of at least 74.51% of the outstanding shares of Epicor.