Storage:

DataCore Software Marks Year of Explosive Growth

One year after launching the industry's only storage network control software, SANsymphony, DataCore Software, a leading provider of storage virtualization and networking software, looks back to highlight key business, technology and industry progress and accomplishments of the last year.

"This has been a very exciting year for us, and our vision -- despite the fast-moving changes in the storage area networking space -- has remained the same: to give end-users a truly open, simplified storage networking management solution that provides unmatched returns on their storage investments," said George Teixeira, CEO and president of DataCore. "We're looking forward to building on this success in the year to come -- through continued technology innovation, global expansion and industry partnerships -- to extend the reach and depth of our customer solutions."

Over this period, the company has grown in many dimensions:

Financial Strength

Received second-round funding of more than $35 million led by Van Wagoner Capital Management.

Product and Cost Savings Leadership

Released SANsymphony 4.0, greatly expanding its flagship product's ability to improve overall storage utilization and eliminate costly application disruptions due to storage management tasks, offer customers affordable remote mirroring alternatives for disaster recovery and leverage existing high availability features of storage assets.

Industry Recognition

Awarded one of the Top 5 Storage Product of the Year from InfoWorld, Editor's Choice Award from Computer Technology Review, Product of the Year Award for 2000 from I/O Industry, a "Top 50 Companies to Watch" by DigitalSouth, "Top 100 Emerging Companies to Watch in 2001" by Computerworld and IT Week Recommended Award.

Proven Customer Acceptance

Increased its customer base to more than 60 worldwide, including 7 Global, ABN-Amro, Alcatel, Boeing, CANPAR, J.P. Morgan/Chase Manhattan Global Private Banking, The Dannon Company, Novartis, Nippon Telephone & Telegraph, Telecity, Southwest Bell, TF1 and Verio.

Breadth of Comprehensive Solutions through Partnerships

Signed a global strategic alliance with Fujitsu where Fujitsu will sell DataCore's SANsymphony product on an OEM basis as part of the Fujitsu SystemWalker integrated systems management solution beginning at the end of 2001.

DataCore also entered a strategic alliance with Fujitsu Softek to help global businesses meet their exploding software storage requirements through the introduction of Fujitsu Softek's new storage networking and virtualization product based upon DataCore's leading storage networking and virtualization technology.

Established technical "Powered by DataCore" partnerships with some of the most innovative developers of storage equipment, including Adaptec, ATTO Technology, BakBone, Emulex Corporation, Eurologic Systems, ExaDrive Networks, Fujitsu Softek, INRANGE Technologies, Interphase Corporation, JNI Corporation, LSI Logic Storage Systems, McDATA, MTI Technology Corporation, Nishan Systems, Quadratec, QLogic Corporation, SAN Valley Systems, Troika Networks and Vixel Corporation- dedicated to delivering interoperable solutions to joint customers through the SANvantage Technical Partner Program.

Launched its SANvantage Authorized Partner Program and refined its channel partnerships to include over 60 SAN-focused integrator partners worldwide.

Enhanced partner support with the launch of a dedicated Authorized Partner Intranet site, interactive training materials, and ROI tools focused on SAN education and SANsymphony features and benefits.

Worldwide Presence and Support

Significantly expanded its global presence opening offices, training centers and employing more than 185 people at offices in the Silicon Valley, Canada, France, Germany, the U.K., Australia and Japan.

Expanded its Professional Services group and introduced free interactive tools to help end-users and resellers assess their SAN needs and calculate the ROI costs of various SAN configurations and to provide educational resources for the growing number of companies seeking to invest in SAN technology. In France, DataCore expanded its service coverage by partnering with CAP Gemini.

Introduced a global integrated 24-hour multilingual customer support function.

Authorized certification program for channel partners' system engineers and customer service experts.

Management and Industry Expertise

Expanded the Board of Directors to include Bruce Bergman, former CEO of Brocade and Xylogics, and Jim Felcyn, former Citrix CFO.

Broadened the depth and experience of its management team with the appointment of Ken Horner as vice president of marketing, William Beck as vice president of North American sales, Francis Glorie as Managing Director of European Operations, and the additions of Peter Thompson and Hiromi Kanasaki to its Asia/Pacific and Japan Operations.

"This list of achievements demonstrates just how much DataCore has grown on a global scale over the past year and is an indication of future plans and strategies," said Ken Horner, vice president of marketing at DataCore. "DataCore's SANsymphony and its partners' "Powered by DataCore" solutions will continue to address the rising cost of storage management and control and fulfill the need for cost-effective storage solutions to manage data."

About the Company

DataCore Software Corporation is a leader in storage virtualization and networking software. The Company's award-winning SANsymphony storage control software dramatically improves ROI and storage utilization by converting "islands" of disparate storage into networked storage pools, enabling the easy allocation of storage capacity. DataCore distributes its software products through the SANvantage Partner Program including its authorized and technical channel and major OEM partners worldwide. Founded in 1998 by some of the industry's most respected storage technologists, DataCore is privately-held with headquarters in Ft. Lauderdale, Fla., and other US offices located in NY, CA, IL, and NC with international sales and service operations located in London, Paris, Munich, Tokyo, and Sydney. The company is a voting member of the Storage Networking Industry Association (SNIA) and an active member of the Fibre Channel Industry Association (FCIA). For more information, call 877-780-5111 or visit www.datacore.com.