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VERITAS Software Gains New Ground With Customer Wins

VERITAS Software Corporation, a leading storage software provider, has announced that companies across all industries are continuing to invest in VERITAS solutions that protect and manage their data storage. In spite of the current economic climate, VERITAS continues to add new customers, expand its business with existing customers and build upon its success in products that support the Linux and IBM AIX platforms. Industry leaders in the government, pharmaceutical, computer technology, financial services, transportation, manufacturing and retail markets selected VERITAS Software, in part, because of their need for heterogeneous storage software solutions to help reduce costs and manage their increasingly complex IT infrastructures.

Deloitte Consulting, Mattel, and Safeway recently chose VERITAS Software back-up, high availability and disaster recovery solutions in addition to the Navy Marine Corps, North Carolina Office of Information Technology Services, QLogic, Sun Life Financial, The Doctors Company, Texas Instruments and Unisys.

"When it comes to protecting business information, I'm looking for a company with a trusted name I can rely on," said Ronald Pepin, Global Operations Manager, Deloitte Consulting. "With VERITAS, I not only get the best products on the market capable of managing multiple vendor platforms with a single solution, but the company with the most experience and commitment to meeting my storage software and management needs."

"Customers are telling us that the top four reasons they select VERITAS Software are a broad offering of heterogeneous products, a quantifiable return on investment, market share leadership and corporate stability," said Mark Bregman, executive vice president of product operations, VERITAS Software. "As a company, we are focused on delivering world-class products and services to help our customers protect and manage their data for optimal business continuity."

Throughout 2002, VERITAS expanded its product line and partnerships on two open system platforms, Linux and IBM AIX, delivering on its strategy of common storage management software across all major platforms to help companies better manage the reliability and performance of their complex storage environments. VERITAS Software's track record in delivering software for comprehensive storage management, high availability and data protection across all major open operating systems continues to result in new customers and more business with existing customers.

About VERITAS Software

With revenues of $1.5 billion in 2002, 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 86 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.

Contact: Stephanie Graves Xavier, Corporate Communications, of VERITAS Software, 650-527-4119, or stephanie.graves-xavier@veritas.com.