Short Takes - Financial Watch:

Storage Engine Sells Certain Patents To Veritas

Storage Engine Inc, an innovative provider of fault tolerant, cost effective enterprise storage solutions, announced that it has sold a majority of its patents to Veritas Software Corporation of Mountain View, CA. for $1million. Storage Engine has retained a perpetual, royalty free license to the patents.

Storage Engine Inc is an innovative high technology supplier of fault-tolerant solutions that store, protect, manage and replicate data in complex networks with greater ease and superior cost savings. The company's Synchronism product line, as well as its Synchronix product line, Synchronection 2, and Raven systems, are all modular units that can be configured and stacked to meet customers' specific and expanding data storage requirements. The Company also provides document imaging solutions and services.

SEI is ISO-9001 certified and sells its products through its direct sales force and a network of qualified systems integrators. SEI competes against companies such as EMC, Network Appliance and Sun Microsystems among others.

The company distinguishes itself in the marketplace via the superior cost/performance ratio of its high-quality, fault-tolerant products.For more information, point your Web browser to www.storageengine.com, or call 800-322-7462.