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Reynolds Announces Early Termination of Hart-Scott-Rodino Waiting Period

September 19, 2006

Dayton, Ohio—The Reynolds and Reynolds Company recently announced that the Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to its merger with Universal Computer Systems Holding Inc.

Completion of the merger remains subject to shareholder approval and other customary closing conditions.

Reynolds announced September 12 that it has scheduled a meeting of shareholders for October 23, to vote on the merger. The meeting will be held at Reynolds’ Research Park headquarters. Shareholders of record as of Sept. 20, will be entitled to vote on the transaction. Reynolds plans to mail definitive proxy material to its shareholders on or about Sept. 22.

Under the terms of agreement with UCS, holders of Reynolds’ common stock will receive $40 per share in cash.

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