Software optimizes data storage management.

Veritas Corp. Apr 21, 2004

Press Release Summary:

VERITAS Storage Foundation(TM) v4.0 storage management and virtualization software aids with control of storage complexity by simplifying administration of heterogeneous environments. It integrates VERITAS Volume Manager and VERITAS File System. Software provides basis for increasing availability, manageability, and performance of systems and storage. It features online file migration, portable data containers, dynamic multi-pathing, and provisioning templates.

Original Press Release:

Building on a Decade of Innovation, VERITAS Software Unveils Sweeping Storage Management Enhancements

Innovations build foundation for deploying utility computing in heterogeneous storage environments

MOUNTAIN VIEW, Calif. - February 24, 2004 - VERITAS Software Corporation (Nasdaq: VRTS), the leading storage software provider, today announced the availability of VERITAS Storage Foundation(TM) 4.0, storage management and virtualization software which allows organizations to gain control of storage complexity by improving utilization while simplifying the administration of heterogeneous environments. VERITAS Storage Foundation integrates VERITAS Volume Manager, the market-leading1 storage virtualization software and VERITAS File System, an industry standard file system to manage multiple operating systems across storage devices and databases, helping to ensure continuous availability of mission-critical data.

Integral to the company's strategy to enable utility computing, VERITAS Storage Foundation software (formerly VERITAS Foundation Suite(TM)) provides the basis for increasing the availability, manageability and performance of systems and storage, driving down costs through shared storage infrastructure.

"As our data volumes grow, we need to feel confident that we can effectively manage our storage environment through streamlined administration," said Stuart Hepworth, development manager, East Midlands Electricity based in the UK. "VERITAS Storage Foundation provides us with a data management solution to help ensure continuous availability of our mission-critical data, while delivering optimal performance and efficient manageability to support our new Field Force E-enablement application."

As the most significant release of VERITAS' core storage management technology since the company introduced virtualization and file system software in 1992, VERITAS Storage Foundation 4.0 delivers these key industry innovations:

- Increased Storage Utilization: With online file migration, unimportant or rarely accessed files can be transferred, through policy-based file distribution, from expensive storage arrays to inexpensive storage devices without any disruption to the IT user.

- Simplified Server Migration: With the portable data containers feature, Storage Foundation provides heterogeneous storage support by allowing data to be easily shared between servers with different operating systems.

- Reduced Downtime: As a key innovation in VERITAS Storage Foundation, dynamic multi-pathing spreads data across multiple network paths for improved performance and availability.

- Increased Administrator Productivity: Provisioning templates allow administrators to consistently and accurately provision new storage using standardized, user definable configuration templates, eliminating configuration errors.

Additionally, VERITAS Storage Foundation is tailored to meet the needs of wide-ranged storage environments. For organizations requiring enhanced database support, VERITAS Storage Foundation for Oracle, Sybase and DB2 delivers improved performance, availability and manageability of database ecosystems. For advanced clustering capabilities, VERITAS Storage Foundation for Oracle RAC and VERITAS Storage Foundation Cluster File System include both cluster volume managers and cluster file systems for concurrent data access from multiple servers.

"We are continually working to provide our customers with the advanced technology to simplify the management and improve the performance of complex storage systems in our core storage management product areas," said Jose Iglesias, vice president, product management, VERITAS Software. "This milestone release of VERITAS Storage Foundation brings our customers one step closer to adopting a utility computing environment, maximizing utilization and reducing overall costs.|

Pricing and Availability

VERITAS Storage Foundation 4.0 is available immediately starting at US $2,495.

About VERITAS Software

With revenues of $1.77 billion in 2003, VERITAS Software ranks among the top 10 software companies in the world. VERITAS Software is the world's leading storage software company, providing data protection, storage management, high availability and disaster recovery software to 99 percent of the Fortune 500. VERITAS Software's corporate headquarters is located at 350 Ellis Street, Mountain View, CA, 94043, tel: 650-527-8000, fax: 650-527-8050, e-mail: vx-sales@veritas.com, Web site: www.veritas.com.

For More Information Contact:

Rena Sripramong , Corporate Communications , VERITAS Software
650.527.1579 , rena.sripramong@veritas.com

Michael Hakkert , Corporate Communications , VERITAS Software
650.527.3418 , michael.hakkert@veritas.com

Marilyn Mora , Investor Relations , VERITAS Software
650.527.3343 , marilyn.mora@veritas.com

VERITAS, the VERITAS Logo, VERITAS Foundation Suite, and VERITAS Storage Foundation are trademarks or registered trademarks of VERITAS Software Corporation or its affiliates in the U.S. and other countries. Other names may be trademarks of their respective owners.