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StorageFlow Announces Resignation Of CEO

StorageFlow Systems Corp announces that Harish Consul has resigned as CEO of the company, effective November 1, 2002. Mr. Consul will remain as a Director. David Elliott will continue as president.

Upon this announcement, Mr Consul noted, "It has been a great pleasure serving StorageFlow during its initial growth period and I wish the StorageFlow executive team all the best." Mr. Ken Hallat, Interim Chairman of the company also commented, "We truly value all of Harish's contributions & hard work since inception and I wish him well in his future endeavours."

StorageFlow continues its sales growth as the company maintains its focus on becoming a leading provider of next generation data storage solutions, consisting initially of service offerings in the disaster recovery sector. These include backup and recovery services, primary storage as well as professional storage management consulting services.

Contact: David Elliott, president & COO, StorageFlow Systems Corp, Suite 400, 1681 Chestnut Street, Vancouver, BC, V6J 4M6, Phone: 604-742-0414, Fax: 604-737-1140, Email: delliott@storageflow.com, Website: www.storageflow.com.

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