SAN DIEGO, CA, November 1, 2000 - BakBone Software (TSE: BKB, OTCBB: BKBOF), a global provider of software-based storage management solutions, and Seagate Technology, (NYSE: SEG), a leading manufacturer of tape storage products, today announced the results of benchmarking tests, setting a new, quantifiable standard for tape-based data backup.

The tests, conducted at BakBone's SAN Interoperability Lab in San Diego, used BakBone's NetVault™ storage management software, running on Seagate's Viper 200 Linear Tape-Open (LTO) tape drive. The tests produced a sustained transfer rate of 15.55 megabytes per second on native type data, and a sustained transfer rate of 29.25 megabytes per second on compressed data. In both cases, the transfers were accomplished with a steady stream of data, and no "shoeshining," the constant stopping and restarting of a tape drive, which can dramatically lower effective throughput, as well as shorten its physical life.

Both sets of tests produced results above 90 per cent of the theoretical maximum throughput for the Viper 200, the companies said, and provide further proof of LTO's viability in the commercial marketplace to help companies handle their growing data storage requirements, as well as NetVault's ability to easily manage the process.

Seagate's Viper 200 is based on the Ultrium format of LTO technology, an open-format specification developed by Seagate Technology, Hewlett-Packard Co. and IBM Corporation, addressing the increasingly demanding requirements of large-scale data protection today and in the future.

NetVault is centralized enterprise storage management software, featuring the ability to easily manage the most intensive backup, restore and archiving functions across a wide range of computer platforms, including Windows NT/2000, Linux and most flavors of UNIX. NetVault's scalable, advanced modular architecture operates across distributed heterogeneous client/server and multi-user environments, and is specifically designed for the next generation of network storage applications, such as storage area networks (SANs), as well as today's requirements. The forthcoming release of NetVault will feature NDMP compliance, extending the product's functionality to network-attached storage (NAS).

"The Viper 200 represents new levels of tape backup and restore," said Larry McMannon, general manager of Seagate Removable Storage Solutions. "The clear need is for software, like BakBone's NetVault, that will handle the high speeds and increased loads for which the Viper 200 was designed. NetVault has proven itself capable of managing those demands in a way that makes it easier than ever for companies to handle constantly growing data loads."

"It is virtually impossible to underestimate the growth in the data storage market," said Jack Corrao, BakBone's President/Chief Operating Officer. "More than ever, companies need answers combining performance, scalability and ease of use. NetVault excels in those areas; the NetVault/Viper combination produces a solution that meets the needs of companies, both today and as their storage requirements grow exponentially."

The BakBone benchmark tests were run on a Sun Sparc Ultra60 dual processor machine, running Solaris 2.6. NetVault software was used with the Seagate LTO Viper Ultrium. The test backed up 19-gigabyte (uncompressed) and 11-gigabyte (pre-compressed) files.

About BakBone Software, Inc.

BakBone Software™ (TSE: BKB, OTC: BKBOF) 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 workgroup to enterprise that will grow with a company's needs. BakBone's core products include nearline optical and archival, as well as tape backup and restore software for a full suite of storage management solutions to the corporate data center.

BakBone's corporate headquarters is 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.

About Seagate Technology

Seagate (NYSE:SEG) is a leading provider of the Internet Infrastructure enabling people to store, access, and manage information. The Company is committed to providing best-in-class products to help people get information when, where and how they want it. Seagate is the world's largest manufacturer of disc drives, magnetic discs and read-write heads, an innovator in tape drives, Storage Area Network (SAN) solutions and a leading developer of Business Intelligence software. Seagate can be found around the globe and at http://www.seagate.com. For automated news, stock and financial information by phone, dial toll-free 877-SEG-NYSE. Outside the U.S. and Canada, dial 760-704-4368.

Safe Harbor

This news release contains forward-looking statements reflecting management's current forecast of certain aspects of the company's future. It is based on current information that we have assessed, but which by its nature is dynamic and subject to rapid and even abrupt changes. Forward-looking statements may include statements by BakBone Software regarding:

• Optimism about achieving sequentially higher revenues and net income over the next two quarters and EPS expectations for our fiscal year.
• Growth projections for the company.
• The projected rollout of upgraded versions of our products

BakBone's actual results could differ materially from those stated or implied by our forward-looking statements due to risks and uncertainties associated with our business, including, but not limited to:

• Our dependence on projected purchases by our major customers.
• Our ability to establish and maintain contractual arrangements with storage-centric value-added resellers ("channel partners").
• Competition in all aspects of our business.
• Changes in product or service profit margins due to pricing changes driven by variations in customer demand, competition, or unforeseen factors.

Our forward-looking statements should be considered in the context of these and other risk factors disclosed in our most recent report filed with the Canadian Securities Administrators.