SOURCE: SolarWinds

SolarWinds

November 16, 2009 06:00 ET

SolarWinds, Inc. Announces Exercise of Underwriters' Option to Purchase Additional Shares

AUSTIN, TX--(Marketwire - November 16, 2009) - SolarWinds, Inc. (NYSE: SWI) today announced that the underwriters of its previously announced secondary public offering have fully exercised their option to purchase 1.8 million additional shares of common stock from certain selling stockholders at a public offering price of $18.75 per share. The option was granted in connection with the public offering of 12 million shares of common stock.

J.P. Morgan Securities Inc., Goldman, Sachs & Co., and Morgan Stanley & Co. Incorporated are acting as joint book-running managers for the offering. Jefferies & Company, Inc., Thomas Weisel Partners LLC, FBR Capital Markets & Co. and Pacific Crest Securities LLC are the co-managers of the offering. The public offering is being made only by means of a prospectus, copies of which may be obtained from either:

-- J.P. Morgan Securities Inc.:
   4 Chase Metrotech Center, Floor 04
   Brooklyn, NY, 11245-0001, United States
   Telephone: + 1-718-242-8002

-- Goldman, Sachs & Co.:
   Prospectus Department
   85 Broad Street
   New York, NY 10004
   Telephone: +1-917-343-8000
   Facsimile: +1-212-902-9316
   E-mail: prospectus-ny@ny.email.gs.com

-- Morgan Stanley & Co. Incorporated:
   Attention: Prospectus Department
   180 Varick Street, 2nd Floor
   New York, NY, 10014
   Telephone: + 1-866-718-1649
   E-mail: prospectus@morganstanley.com

A registration statement relating to shares of the common stock of SolarWinds has been declared effective by the Securities and Exchange Commission. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities, in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About SolarWinds

SolarWinds provides powerful, simple and affordable network management software to more than 88,000 customers worldwide -- from Fortune 500 enterprises to small businesses. Focused on the real-world needs of network professionals, SolarWinds products are downloadable, easy to use and maintain, and provide the power, scale, and flexibility needed to manage today's complex network environments. SolarWinds' growing online community, thwack, offers users problem-solving and technology-sharing for all of SolarWinds' products.

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