Exhibit 99.1

CA Technologies Reports First Quarter Fiscal Year 2014 Results

• GAAP EPS Grows 47 Percent in Constant Currency and 43 Percent as Reported
• Non-GAAP EPS Grows 25 Percent in Constant Currency and 24 Percent as Reported
• Revenue Decreases 1 Percent in Constant Currency and as Reported
• Cash Flow From Operations Decreases 83 Percent in Constant Currency and 94 Percent as Reported
• Reaffirms FY 2014 Outlook

NEW YORK--(BUSINESS WIRE)--July 24, 2013--CA Technologies (NASDAQ:CA) today reported financial results for its first quarter fiscal year 2014, ended June 30, 2013.

FINANCIAL OVERVIEW

* Non-GAAP income and earnings per share are non-GAAP financial measures, as noted in the discussion of non-GAAP results below. A reconciliation of non-GAAP financial measures to their comparable GAAP financial measures is included in the tables following this news release.

**CC: Constant Currency

EXECUTIVE COMMENTARY

“I am pleased with our performance in the first quarter and the start we made to fiscal year 2014,” said CA Technologies Chief Executive Officer Mike Gregoire. “We did better than expected on the revenue line and were able to capitalize on organizational efficiencies, expense management and a tax benefit to drive earnings growth. Our cash flow from operations was down, but that was expected and we are confident in meeting our full year outlook in all areas.

“We are beginning to make progress in driving efficiencies across our business, getting traction in SaaS, Mobility and new customer acquisition, as well as improving the overall competitiveness of our products,” Gregoire said.

REVENUE AND BOOKINGS

**CC: Constant Currency

• During the quarter the Company saw a significant increase in its mainframe renewals, and demand for its mobile device management, Software-as-a-Service and Nimsoft monitoring solutions.
• The Company executed a total of 9 license agreements with incremental contract values in excess of $10 million each, for an aggregate contract value of $323 million. During the first quarter of fiscal year 2013, the Company executed a total of 4 license agreements with incremental contract values in excess of $10 million each, for an aggregate contract value of $61 million.
• The weighted average duration of subscription and maintenance bookings for the quarter was 3.10 years, compared with 2.79 years for the same period in fiscal year 2013.

EXPENSES AND MARGIN

*A reconciliation of non-GAAP financial measures to their comparable GAAP financial measures is included in the tables following this news release. Year-over-year non-GAAP results exclude purchased software and other intangibles amortization, share-based compensation, capitalization (an add-back) and amortization of internal software costs, Board approved rebalancing initiatives and certain other gains and losses. The results also include gains and losses on hedges that mature within the quarter, but exclude gains and losses on hedges that do not mature within the quarter.

**CC: Constant Currency

• GAAP and non-GAAP EPS were positively affected by $0.41 and $0.14, respectively, from the reduction in the Company’s effective tax rate. The Company recognized a net discrete tax benefit of approximately $181 million in the first quarter of fiscal year 2014, primarily from the resolution of uncertain tax positions upon the completion of the examination of U.S. federal income tax returns for the fiscal years 2005, 2006 and 2007.
• GAAP operating expenses in the first quarter were adversely affected by approximately $120 million in costs associated with the rebalancing actions announced on May 7, 2013, resulting in a negative impact of $0.17 on GAAP EPS.
• GAAP and non-GAAP operating expenses were positively affected by lower personnel costs related to the rebalancing actions and other operational efficiencies.
• In the first quarter of fiscal year 2013, the Company closed a transaction that assigned the rights to certain intellectual property to a large technology company for $35 million. GAAP and non-GAAP EPS were positively affected by about $0.05 each from the transaction.
• GAAP and non-GAAP operating margins in the first quarter of fiscal year 2013 were positively affected by the intellectual property rights assignment by 3 percentage points each.

SEGMENT INFORMATION

Starting in the first quarter of fiscal year 2014, the measure of segment expenses and segment profit was revised to treat all costs of internal software development as segment expense in the period the costs are incurred. As a result, the Company will add back capitalized internal software costs and exclude amortization of internally developed software costs previously capitalized from segment expenses. Segment expenses also exclude the effects of the Company’s fiscal year 2014 rebalancing plan. Prior period segment expenses and profit information has been revised to present segment profit and expenses on a consistent basis and is available in the 8-K filed today and in the Company’s supplemental financial package, both of which are available at www.ca.com/invest.

**CC: Constant Currency

• Enterprise Solutions operating margin in the first quarter of fiscal year 2013 was positively affected by the intellectual property transaction mentioned above.

CASH FLOW FROM OPERATIONS

• Cash flow from operations in the first quarter was $11 million, compared with $183 million in the prior year. The decline year-over-year was due to a number of expected factors including higher cash taxes, payments related to the rebalancing actions and a reduction in capitalized software development. Cash flow from operations also was negatively affected by lower cash collections, including a decrease in single installment collections. The prior year period also included the positive impact from the intellectual property transaction.

CAPITAL STRUCTURE

• Cash, cash equivalents and investments at June 30, 2013 were $2.461 billion.

• With $1.285 billion in total debt outstanding and $138 million in notional pooling, the Company’s net cash, cash equivalents and investments position was $1.038 billion.
• In the first quarter of fiscal year 2014, the Company repurchased 2 million shares of stock for $53 million.
• The Company is currently authorized to repurchase an additional $452 million of common stock through fiscal year 2014.
• During the first quarter of fiscal year 2014, the Company distributed $114 million in dividends to shareholders.
• The Company’s outstanding share count at June 30, 2013 was 451 million.

OUTLOOK FOR FISCAL YEAR 2014

The Company reaffirmed the following outlook, which represents "forward-looking statements" (as defined below). It takes into account the change in business practice regarding internally developed software costs, the costs and payments associated with the rebalancing initiative announced on May 7, 2013 and the resolution of the U.S. tax matter mentioned above.

The Company expects the following:

• GAAP diluted earnings per share decreases in a range of minus 11 percent to minus 6 percent in constant currency. At June 30, 2013 exchange rates, this translates to GAAP reported diluted earnings per share of $1.81 to $1.91.
• Non-GAAP diluted earnings per share increases in a range of 16 percent to 20 percent in constant currency. At June 30, 2013 exchange rates, this translates to reported non-GAAP diluted earnings per share of $2.90 to $3.00.
• Cash flow from operations decreases in a range of minus 30 percent to minus 24 percent in constant currency. At June 30, 2013 exchange rates, this translates to reported cash flow from operations of $960 million to $1.04 billion.
• Total revenue outlook decreases in a range of minus 4 percent to minus 2 percent in constant currency. At June 30, 2013 exchange rates, this translates to reported revenue of $4.39 billion to $4.48 billion.

Outlook for cash flow from operations is being adversely affected by costs associated with the rebalancing of resources during the fiscal year, an increase in cash taxes, and an increase in operating cash outflows relating to product development and enhancements expense for fiscal year 2014. In fiscal year 2013, cash flow from operations did not reflect $165 million of capitalized software development costs that appeared as an investment activity in our Statement of Cash Flows.

This outlook also assumes no material acquisitions and a partial currency hedge of operating income. The Company continues to expect a full-year GAAP operating margin of 23 percent and non-GAAP operating margin of 36 percent. The Company expects a fiscal year 2014 GAAP and non-GAAP effective tax rate of approximately 14 percent.

The Company anticipates approximately 437 million shares outstanding at fiscal year 2014 year-end and weighted average diluted shares outstanding of approximately 446 million for the fiscal year.

Webcast

This news release and the accompanying tables should be read in conjunction with additional content that is available on the Company’s website, including a supplemental financial package, as well as a conference call and webcast that the Company will host at 5 p.m. ET today to discuss its unaudited first quarter results. The webcast will be archived on the website. Individuals can access the webcast, as well as the press release and supplemental financial information at http://ca.com/invest or can listen to the call at 1-877-561-2748. The international participant number is 1-720-545-0044.

About CA Technologies

CA Technologies (NASDAQ: CA) provides IT management solutions that help customers manage and secure complex IT environments to support agile business services. Organizations leverage CA Technologies software and SaaS solutions to accelerate innovation, transform infrastructure and secure data and identities, from the data center to the cloud. Learn more about CA Technologies at www.ca.com.

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Non-GAAP Financial Measures

This news release, the accompanying tables and the additional content that is available on the Company's website, including a supplemental financial package, includes certain financial measures that exclude the impact of certain items and therefore have not been calculated in accordance with U.S. generally accepted accounting principles (GAAP). Non-GAAP metrics for operating expenses, operating income, operating margin, income from continuing operations and diluted earnings per share exclude the following items: non-cash amortization of purchased software and other intangibles, share-based compensation, fiscal year 2007 restructuring costs, recoveries and certain costs associated with derivative litigation matters and certain other gains and losses, which include the gains and losses since inception of hedges that mature within the quarter, but exclude gains and losses of hedges that do not mature within the quarter. The Company will expense costs for internally developed software where development efforts commenced in the first quarter of fiscal year 2014 and afterwards. As a result, product development and enhancement expenses are expected to increase in future periods as the amount capitalized for internally developed software costs decreases. Due to this change, the Company will also add back capitalized internal software costs and exclude the amortization of internal software costs from these non-GAAP metrics. Also beginning in the first quarter of fiscal year 2014, the Company will exclude charges relating to rebalancing initiatives that are large enough to require approval from the Company's Board of Directors. The effective tax rate on GAAP and non-GAAP income from operations is the Company's provision for income taxes expressed as a percentage of pre-tax GAAP and non-GAAP income from continuing operations, respectively. These tax rates are determined based on an estimated effective full year tax rate, with the effective tax rate for GAAP generally including the impact of discrete items in the period in which such items arise and the effective tax rate for non-GAAP generally allocating the impact of discrete items pro rata to the fiscal year's remaining reporting periods. Adjusted cash flow from operations excludes payments associated with the fiscal year 2014 Board-approved rebalancing initiative as described above, capitalized software development costs as described above, and restructuring and other payments. Free cash flow excludes purchases of property and equipment and capitalized software development costs. We present constant currency information to provide a framework for assessing how our underlying businesses performed excluding the effect of foreign currency rate fluctuations. To present this information, current and comparative prior period results for entities reporting in currencies other than U.S. dollars are converted into U.S. dollars at the exchange rate in effect on the last day of our prior fiscal year (i.e., March 31, 2013, March 31, 2012 and March 31, 2011, respectively). Constant currency excludes the impacts from the Company's hedging program. The constant currency calculation for annualized subscription and maintenance bookings is calculated by dividing the subscription and maintenance bookings in constant currency by the weighted average subscription and maintenance duration in years. These non-GAAP financial measures may be different from non-GAAP financial measures used by other companies. Non-GAAP financial measures should not be considered as a substitute for, or superior to, measures of financial performance prepared in accordance with GAAP. By excluding these items, non-GAAP financial measures facilitate management's internal comparisons to the Company's historical operating results and cash flows, to competitors' operating results and cash flows, and to estimates made by securities analysts. Management uses these non-GAAP financial measures internally to evaluate its performance and they are key variables in determining management incentive compensation. The Company believes these non-GAAP financial measures are useful to investors in allowing for greater transparency of supplemental information used by management in its financial and operational decision-making. In addition, the Company has historically reported similar non-GAAP financial measures to its investors and believes that the inclusion of comparative numbers provides consistency in its financial reporting. Investors are encouraged to review the reconciliation of the non-GAAP financial measures used in this news release to their most directly comparable GAAP financial measures, which are attached to this news release.

Cautionary Statement Regarding Forward-Looking Statements

The declaration and payment of future dividends is subject to the determination of the Company's Board of Directors, in its sole discretion, after considering various factors, including the Company's financial condition, historical and forecast operating results, and available cash flow, as well as any applicable laws and contractual covenants and any other relevant factors. The Company's practice regarding payment of dividends may be modified at any time and from time to time.

Repurchases under the Company's stock repurchase program are expected to be made with cash on hand and may be made from time to time, subject to market conditions and other factors, in the open market, through solicited or unsolicited privately negotiated transactions or otherwise. The program, which is authorized through the fiscal year ending March 31, 2014, does not obligate the Company to acquire any particular amount of common stock, and it may be modified or suspended at any time at the Company's discretion.

Certain statements in this communication (such as statements containing the words "believes," "plans," "anticipates," "expects," "estimates," "targets" and similar expressions relating to the future) constitute "forward-looking statements" that are based upon the beliefs of, and assumptions made by, the Company's management, as well as information currently available to management. These forward-looking statements reflect the Company's current views with respect to future events and are subject to certain risks, uncertainties, and assumptions. A number of important factors could cause actual results or events to differ materially from those indicated by such forward-looking statements, including: the ability to achieve success in the Company's strategy by, among other things, effectively rebalancing the Company's sales force to enable the Company to maintain and enhance its strong relationships in its traditional customer base of large enterprises and to increase penetration in growth markets and with large enterprises that have not historically been significant customers, enabling the sales force to sell new products, improving the Company's brand in the marketplace and ensuring the Company's set of cloud computing, application development and IT operations (DevOps), Software-as-a-Service, mobile device management and other new offerings address the needs of a rapidly changing market, while not adversely affecting the demand for the Company's traditional products or its profitability; global economic factors or political events beyond the Company's control; general economic conditions and credit constraints, or unfavorable economic conditions in a particular region, industry or business sector; the failure to adapt to technological changes and introduce new software products and services in a timely manner; competition in product and service offerings and pricing; the failure to expand partner programs; the ability to retain and attract adequate qualified personnel; the ability to integrate acquired companies and products into existing businesses; the ability to adequately manage, evolve and protect managerial and financial reporting systems and processes; the ability of the Company's products to remain compatible with ever-changing operating environments; breaches of the Company's software products and the Company's and customers' data centers and IT environments; discovery of errors or omissions in the Company's software products or documentation and potential product liability claims; the failure to protect the Company's intellectual property rights and source code; risks associated with sales to government customers; access to software licensed from third parties; risks associated with the use of software from open source code sources; events or circumstances that would require us to record an impairment charge relating to our goodwill or capitalized software and other intangible asset balances; access to third-party code and specifications for the development of code; third-party claims of intellectual property infringement or royalty payments; fluctuations in the number, terms and duration of the Company's license agreements as well as the timing of orders from customers and channel partners; the failure to renew large license transactions on a satisfactory basis; changes in market conditions or the Company's credit ratings; fluctuations in foreign currencies; the failure to effectively execute the Company's workforce reductions, workforce re-balancing and facility consolidations; successful outsourcing of various functions to third parties; potential tax liabilities; acquisition opportunities that may or may not arise; and other factors described more fully in the Company's filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties occur, or should our assumptions prove incorrect, actual results may vary materially from those described herein as believed, planned, anticipated, expected, estimated, targeted or similarly expressed in a forward-looking manner. The Company assumes no obligation to update the information in this communication, except as otherwise required by law. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.

Copyright © 2013 CA, Inc. All Rights Reserved. One CA Plaza, Islandia, N.Y. 11749. All other trademarks, trade names, service marks, and logos referenced herein belong to their respective companies.

CONTACT:
CA Technologies
Dan Kaferle
Public Relations
(631) 342-2111
daniel.kaferle@ca.com
or
Kelsey Turcotte
Investor Relations
(212) 415-6844
kelsey.turcotte@ca.com