InfoWorld Survey Names VERITAS 'Undisputed Leader' in Storage Management Software

Business Wire, June 15, 2004

Business Editors/High-Tech Writers

Gartner PlanetStorage

LAS VEGAS--(BUSINESS WIRE)--June 15, 2004

Results underscore the value of solutions that help organizations

get the most out of their IT investments

VERITAS Software Corporation (Nasdaq: VRTSE) today announced that it was named "the undisputed leader of storage management software" in InfoWorld's May 2004 survey of readers who are involved in evaluating or purchasing storage solutions. The results further validate VERITAS' market leadership in storage management software as InfoWorld readers voted overwhelmingly in favor of VERITAS, giving the company twice as many votes as its nearest competitor. VERITAS is building on its long-standing leadership position in storage management to deliver the building blocks for utility computing, a computing model that aligns IT resources with business needs.

InfoWorld surveyed more than 600 readers for its annual report on enterprise storage management. In addition to naming the top vendors in a variety of categories, participants were asked to reveal the factors driving their 2004 storage spending, as well as provide insight into their top priorities and challenges as it relates to storage.

"The majority of our respondents are very concerned with getting more value from their existing technology," said Steve Fox, editor-in-chief, InfoWorld. "With planned 2004 storage expenditures still averaging nearly $1.2 million dollars per year, according to our survey, it's only natural that companies seek to understand where their dollars are going and how they can leverage what they have."

"The results of the InfoWorld survey once again demonstrate that companies are turning to vendors, like VERITAS, that have the ability to help them get the most out of their existing IT infrastructure," said Jeremy Burton, senior vice president and chief marketing officer, VERITAS Software. "VERITAS has built a reputation for this in storage management and we are extending this focus by delivering the building blocks for utility computing."

The complete results of the InfoWorld enterprise storage survey can be found at: http://www.infoworld.com/article/04/05/28/22FErrstorage_1.html

About InfoWorld Media Group

For 25 years, InfoWorld Media Group has provided cutting-edge coverage and evaluation of IT products and services for technology experts in senior management. Through integrated channels including print, online, and events, InfoWorld reaches the most influential senior-level information technologists -- those who drive their enterprises' strategies and technology purchases. Powered by a continued investment in an independent Test Center, InfoWorld analysts and editors provide both hands-on analysis and evaluation, as well as expert commentary on issues surrounding emerging technologies and products. Visit InfoWorld at http://www.infoworld.com

About IDG

International Data Group (IDG) is the world's leading technology media, research, and event company. A privately-held company, IDG publishes more than 300 magazines and newspapers including Bio-IT World, CIO, CSO, Computerworld, GamePro, InfoWorld, Network World, and PC World. The company features the largest network of technology-specific Web sites with more than 400 around the world. IDG is also a leading producer of more than 170 computer-related events worldwide including LinuxWorld Conference & Expo, Macworld Conference & Expo, DEMO, and IDC Directions. IDC provides global market research and advice through offices in 50 countries. Company information is available at www.idg.com.

About VERITAS Software

VERITAS Software, one of the top 10 largest software companies in the world, is a leading provider of software 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 top of shared computing infrastructure, minimizing hardware and labor costs. VERITAS products for data protection, storage & server management, high availability and application performance are used by 99 percent of the Fortune 500. More information about VERITAS Software can be found at www.veritas.com.

VERITAS, and the VERITAS Logo 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.