Industry leader addresses needs of small and medium-size businesses, expands product integration and introduces new suite of software
NEW YORK - January 18, 2005 - Drawing from 20 years of backup software expertise, VERITAS Software Corporation (Nasdaq: VRTS) today set the Gold Standard in Windows data protection and outlined a comprehensive strategy for small and medium-size businesses to protect, recover, manage and safeguard the lifeline of their businesses -- data. During a global news conference today, VERITAS chairman, president and CEO Gary Bloom outlined the company's expanding commitments to solve customer problems by delivering key technology advancements and introducing an integrated suite of software aimed at providing companies with continuous Windows data protection.
"VERITAS is the trusted provider of Windows data protection software for small and medium size business customers," stated Bloom. "With more than two million installations worldwide, VERITAS Backup Exec software is the leading backup and recovery software on the market today. Through our pioneering efforts in developing and delivering solutions that are tightly integrated with Windows, we are setting the Gold Standard in Windows data protection and enabling customers to cost-effectively protect, recover and manage their data."
With more than a decade of partnership, investment and integration with Microsoft, VERITAS continues to provide comprehensive and cost-effective data protection for growing businesses with Windows server environments, particularly those organizations with 1,000 or fewer employees. This tight integration with Windows led Microsoft to standardize on VERITAS Backup Exec in 1999 to backup its own data. (see related press release, issued September 9, 2004).
Protect, Recover, and Manage Critical Business Data Drawing upon its unique foundation of success with Microsoft Windows and leadership position in the market, VERITAS today formally introduced the VERITAS Backup Exec™ Suite of software aimed at helping businesses evolve to a continuous data protection model, with the ability to rapidly recover data in both centralized and distributed customer environments, and ultimately simplify their data management paradigm. The Backup Exec Suite includes the latest revision of the industry's foremost and widely used data protection solution, VERITAS Backup Exec 10.0, as well as VERITAS Replication Exec 3.1™, and VERITAS Storage Exec 5.3™ (see related press releases, issued today). This powerful combination of products offers small to medium-size businesses unparalleled versatility, enabling them to improve data protection, to restore business faster when data is lost, and to reduce their total cost of ownership.
Data Protection VERITAS Software delivers continuous data protection where organizations face some of their greatest risks to business critical information -- in remote offices and on employee desktops and laptops. With the Backup Exec Suite of software, customers are assured that they have protection from a single, integrated, simple to manage solution without having to purchase additional hardware or hire and train new staff.
Data Recovery For any business, the ability to recover data often translates to the ability to conduct business. Rapid server and data recovery is paramount when it comes to minimizing lost productivity and revenue from unplanned downtime due to viruses, data corruption, hardware failure, human error, and unforeseen natural disasters. VERITAS Backup Exec 10.0 software assures fast disk-based recovery.
Data Management With the continued exponential growth of data, organizations can ill afford the costs of uncontrolled or unmanaged storage. To succeed, they need solutions that help them manage the cost of storage and adhere to legal and regulatory requirements for archiving data. The Backup Exec Suite of software incorporates simplicity and ease of use with a single console that enables administrators to manage and monitor multiple servers across their organizations, helps reduce the level and cost of administration required and easily scales as businesses requirements evolve over time.
About VERITAS Software
VERITAS Software, one of the top 10 largest software companies in the world, is a leading provider of software and services to enable utility computing. In a utility computing model, IT resources are aligned with business needs, and business applications are delivered with optimal performance and availability on a shared computing infrastructure, minimizing hardware and labor costs. VERITAS products and services for data protection, storage & server management, high availability and application performance management are used by 99 percent of the Fortune 500. More information about VERITAS Software can be found at www.veritas.com
This press release may include estimates and forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934. These forward-looking statements involve a number of risks and uncertainties, including the risk that our products will not perform as well as expected, the risk that we will not gain market acceptance of our products and services, the risk that we will not be able to maintain the quality of our end-user customer and partnering relationships and the risk that we will not manage our business effectively, that could cause the actual results we achieve to differ materially from such forward-looking statements. For more information regarding potential risks, see the "Factors That May Affect Future Results" section of our most recent annual and quarterly report on file with the SEC. We undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date hereof. Copyright © 2005 VERITAS Software Corporation. All rights reserved. VERITAS, the VERITAS Logo, Backup Exec, Replication Exec, and Storage Exec 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.