Rochester, NY 6/10/2009 2:37:09 PM
News / Finance

"After Market Most Active by Volume - NASDAQ" brought you to by WhisperfromWallStreet.com - Compuware Corporation,CPWR

Compuware Corporation

"After Market Most Active by Volume - NASDAQ" brought you to by WhisperfromWallStreet.com - Compuware Corporation,CPWR

Compuware Corporation,CPWR

After Hours: 7.52 Down 0.05 (0.60%) 6:32PM ET

Last Trade:    7.57

Day's Range:    7.38 - 7.63

52wk Range:   5.08 - 11.91

Volume:       2,434,810

NEW YORK (AP) -- Mainframe software maker Compuware Corp.'s chief executive, Peter Karmanos Jr., was awarded compensation for fiscal 2009 valued at $4.2 million, down 29 percent from a year earlier, according to an Association Press calculation.

Karmanos, 66, received a salary of $1.2 million, up from $1.05 million a year earlier. But he was not given a bonus or non-equity incentive plan compensation -- a total drop of $3.4 million in those categories.

Other compensation, for such things as security for his home, rose to $205,078 from $169,177.

He also received stock options and restricted stock awards valued at $2.8 million at the time they were granted, up from $1.2 million a year earlier.

ABOUT

Compuware Corporation provides software products, professional services, and application services to various commercial and government organizations. Its software products include File-AID, Xpediter, Hiperstation, Abend-AID, and Strobe products that help IT organizations to develop, deliver, and manage applications in the IBM mainframe environment; Vantage products, which are used to manage IT service delivery to enable IT organizations to measure, manage, and communicate service in business terms based on the end user experience; and Changepoint solutions provide IT executives with visibility into various aspects of IT activity. The company also provides Uniface products, which are used by developers to develop, integrate, maintain, and deploy business applications; Optimal Trace, File-AID/CS, QA Director, TestPartner, and QA Load products enable IT organizations to deliver applications by automating business requirements management, functional and performance testing, test management, and test data management; and DevPartner products are used by application developers to analyze and measure application code quality, memory usage, and performance in the .NET and Java environments. In addition, it offers technical staffing, application development, quality assurance, project management, application maintenance, business systems analysis, communication, implementation, software conversion, and systems planning and consulting services.

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