SAN DIEGO, CALIFORNIA - August 15, 2001 - BakBone Software™ (TSE: BKB, OTC: BKBOF), a global provider of storage management software, today announced the immediate availability of MagnaVault 2.2.6, the latest version of the industry-leading software for UNIX-based optical storage management. With over a decade of proven performance at Fortune 2000 organizations worldwide, MagnaVault now offers enhancements designed to improve companies' abilities to rapidly archive and access documents and other images on optical disks, including CDs, DVDs and magneto-optical (MO) media.

"MagnaVault's increased power means increased throughput on our optical libraries," said Bob Riland, Vice President of Marketing and Sales at DISC, Inc. (NASDAQ: DCSR), which offers the largest product line of near-line storage devices available on the market today. "Our customers depend on our hardware, such as our Orion series, to save and access information in high-performance archival storage environments. MagnaVault is the software that meets Orion's stringent requirements, delivering a higher level of performance."

Among the enhancements featured in MagnaVault 2.2.6:

• A 500% improvement in UDF write performance from earlier versions, providing higher productivity and application compatibility, enhancing MagnaVault's reputation as the clear leader in throughput and performance among optical storage software;
• Enhanced support for 9.1GB MO disks, rapidly emerging as the industry standard medium of choice for high-end optical storage;
• Support for 9.4GB DVD disks;
• Enhanced device support for DVD and MO libraries, with features such as media pack management and bar code support; and
• Enhanced Web-based administration, simplifying the management process.

MagnaVault's support for the 9.1GB format is consistent with industry trends. The Optical Storage Technology Association (OSTA) reported earlier this year that adoption of the new standard is paving the way for optical-based libraries with multiple terabyte capacity. OSTA cited increased performance in data transfer (6MB/second) and an average 25-millisecond seek time as key advantages of the technology.

"The changes in MagnaVault 2.2.6 further enhance its leading role as the highest performance UNIX-based optical storage management software available today," said Mike Johnson, BakBone's Director of Product Management. "More powerful and flexible than ever, MagnaVault 2.2.6 is perfectly positioned to take full advantage of the optical industry trends and emerging technology."

Pricing for BakBone's MagnaVault 2.2.6 begins at US$495. The software is available through MagnaVault's network of value-added distributors (VADs). More information is available directly from BakBone Software at (858) 450-9009.

About BakBone Software, Inc.

BakBone Software™ (TSE: BKB, OTC: BKBOF) is an international storage management software company that develops and globally distributes high-performance software solutions to the network storage and open systems markets. BakBone's near-line archival and backup/restore software suites provide scalable data protection from the workgroup to the enterprise. Founded in 2000, BakBone Software's products are used by companies worldwide, and are distributed through a network of OEMs and solution providers.

BakBone's corporate headquarters is located at 10145 Pacific Heights Boulevard, San Diego, California 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 (866) 484-2663, e-mail sales@bakbone.com, or access BakBone's Web site at www.bakbone.com.

Safe Harbor

The statements contained in this press release that are not historical in nature are forward-looking statements. Forward-looking statements are not guarantees since there are inherent difficulties in predicting future results, and actual results could differ materially from those expressed or implied in the forward-looking statements.

BakBone Software, the BakBone logo, MagnaVault and NetVault are all trademarks or registered trademarks of BakBone Software, Inc., in the United States and/or in other countries. All other brands, products or service names are or may be trademarks or service marks of, and used to identify, products or services of their respective owners.