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Contact: Terri Young Rubenstein Associates 212.843.8018 _____________…

Contact: Terri Young
Rubenstein Associates 212.843.8018
__________________________________________________________________

FOR IMMEDIATE RELEASE

Weil, Gotshal & Manges LLP Advised Systems Management Arts Inc. in Approximately $260 Million Sale to EMC Corp.

New York, December 21, 2004 – Weil, Gotshal & Manges LLP, one of the world’s leading law firms, advised Systems Managment Arts Inc. (“SMARTS”), a privately held maker of event automation and real-time network systems management software, in its acquisition by EMC Corp for approximately $260 million. The merger agreement was signed on December 20, 2004, and the acquisition is expected to be completed in the first quarter of 2005 subject to customary closing conditions and regulatory approvals.

Weil, Gotshal & Manges LLP is an international law firm of more than 1,200 attorneys, including approximately 300 partners. Weil Gotshal is headquartered in New York, with offices in Austin, Boston, Brussels, Budapest, Dallas, Frankfurt, Houston, London, Miami, Munich, Paris, Prague, Shanghai, Silicon Valley, Singapore, Warsaw, Wilmington and Washington, D.C.
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Weil, Gotshal & Manges LLP’s Team
Corporate: David Zeltner (Partner, NY), Shefali Shah (Associate, NY), Dina Penny (Associate, NY), Rocio Clausen (Associate, NY)
Tax: Helyn Goldstein (Partner, NY), Jen Zheng (Associate, NY)
Executive Compension/Employee Benefits: Andrew Gaines (Partner, NY), Christina Lee (Associate, NY)
Intellectual Property: Jeffrey Osterman (Partner, NY), Dale Nissenbaum (Associate, NY)
Real Estate Transactions & Finance: Philip Rosen (Partner, NY)
Antitrust: John M . Sipple, Jr. (Counsel, Washington DC)

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British MP George Galloway and his opponent the Daily Telegraph will leave no stone unturned to sort out what could be a spectacular libel case.