SAN DIEGO, CALIFORNIA - August 7, 2002 - INPUT, a leading IT market research firm released this week a new study on "Backup and Recovery Software: A Competitive Study on Total Cost of Ownership," and found that BakBone Software, a global provider of storage management software, offers at least 30% lower total cost of ownership (TCO), compared to Veritas™ (NASDAQ:VRTS) and Legato™ (NASDAQ:LGTO). The study found that BakBone's customers are significantly more satisfied, overall, with their NetVault™ Backup and Recovery solution and that BakBone delivers the highest value based on its lower price. NetVault also scored the highest satisfaction ratings (4.6 of 5.0) on performance, reliability, and scalability.

Backup and Recovery solutions have become the key to well-managed data environments. The cost of acquiring and operating a Backup and Recovery solution must balance with the benefits of ownership, including making the best use of staff resources, and achieving the highest possible performance. The total cost of ownership (TCO) study evaluated real-world customer experience through actual production implementations.

Following the analysis of its research results, INPUT found that BakBone Software has an overall competitive advantage. BakBone's NetVault requires less time for backup and recovery tasks, allowing IT staff to spend more time on proactive tasks. Veritas and Legato customers require up to 75% more on-site visits than BakBone customers for solution support. Regardless of the category, whether concerning scalability, compatibility, reliability, ease of implementation or management, speed of deployment, features, or cost, BakBone's backup and recovery product was rated highest in satisfaction nearly every time.

Steve Kenniston, Technology Analyst with The Enterprise Storage Group, commented, "ESG did not participate in this specific research, so it would be inappropriate to comment on the conclusions without further investigation. However what I find interesting is that the results do reflect trends we're seeing in the backup and recovery space - end users satisfaction with these solutions are closely tied to their ease of installation and use, combined with the cost of ownership measured against resource demands. BakBone is in a real position to leverage these results because of its NetVault product's strengths."

The TCO study measured the end-to-end costs associated with owning and maintaining a particular vendors solution, including a delineation of one-time purchase costs, recurring operating and support costs, and the business cost of downtime. TCO data was collected through unbiased, confidential, third party, telephone survey research. The complete study from INPUT- "Backup and Recovery Software: A Competitively Study on Total Cost of Ownership" - is available through INPUT at www.input.com or at www.bakbone.com/tco.

About BakBone Software, Inc.

BakBone Software 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 backup/restore and nearline archival 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, BakBone Software, the BakBone logo 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, registered trademarks or service marks of, and used to identify, products or services of their respective owners.