SAN DIEGO--(BUSINESS WIRE)--June 19, 2000--BakBone Software, Inc. (TSE:BKB. - news) today said it has finalized its previously-announced purchase of Tracer Technologies, Inc., the Gaithersburg, Maryland-based leader in file system and device driver software for optical, tape and network attached storage (NAS) devices.

The purchase price was announced at $2 million (US) and 600,000 shares of BakBone Software, and has been approved by the Toronto Stock Exchange.

BakBone Software revealed its purchase of Tracer Technologies in March 2000, saying the company's product line is consistent with BakBone's Storage Management Initiative, and creates great value for its customers, while widening their choices for data storage protection and management strategies. Tracer's file systems and device driver technologies are market leaders in the open systems arena for UNIX and Linux solutions.

Jack Corrao, President of BakBone stated, ``The addition of Tracer Technologies to our suite of products provides us a solutions platform that is unchallenged in the storage industry today. It is imperative that IT managers have choices when it comes to implementing diverse storage strategies for data centers and enterprises.''

Tracer Technologies' high-performance storage management software for re-writable and write-once optical, and tape storage peripherals have been successfully installed at more than 15,000 customer sites in over 70 countries worldwide. Its customers include: Bank of America (formerly NationsBank) (NYSE:BAC - news), Bear Stearns (NYSE:BSC - news), Chase Manhattan Bank, Hewlett Packard (NYSE:HWP - news), Boeing (NYSE:BA - news), DreamWorks SKG, IBM (NYSE:IBM - news), Sun Microsystems (NASDAQ:SUNW - news), Compaq (NYSE:CPQ - news), Department of Defense, the FBI, NASA, and Kodak (NYSE: EK - news).

About BakBone Software, Inc.

BakBone Software(TM) is an international storage management software company that develops and globally distributes industry-leading storage management solutions to the open systems markets, providing data protection and management solutions scalable from office to enterprise that will grow with a company's needs.

BakBone's NetVault(TM) products are designed to provide unparalleled robustness, and unmatched data protection and recovery to meet the challenges of today's computing infrastructures. BakBone Software's comprehensive but easy to use features include versatile modular design, SAN LAN-free support and specialized on-line application backup. The very core of the product is designed with high bandwidth data transfers in mind and designed to ensure that performance is not compromised under any circumstances.

BakBone's corporate headquarters are located at 10145 Pacific Heights Boulevard, San Diego, Ca. 92121. Its stock is listed on the Toronto Stock Exchange and is included on the TSE 300 Composite, S&P/TSE Canadian SmallCap and TSE 200 indices. For more information on BakBone products, call 858-450-9009, e-mail sales@bakbone.com, or access BakBone's web site at www.bakbone.com.

For more information, please contact: BakBone Software, Investor Relations, Raju Wani or Jill Sorensen, (investors@bakbone.com), Phone: 403-232-6829.

The Toronto Stock Exchange has neither approved nor disapproved the information contained herein.