SAN DIEGO, CALIFORNIA - July 17, 2002 - BakBone Software™ (TSE: BKB), a global provider of storage management software, announced today preliminary revenue results for the first fiscal quarter ended June 30, 2002. Final reported results for the quarter are expected to show revenue growth in excess of 120% over the corresponding quarter of last fiscal year.

BakBone's final reported results for the first fiscal quarter ended June 30, 2002 are expected to be released on August 1, 2002. Following the release, BakBone will host a conference call by management at 4:30 Eastern Standard Time to discuss the final results of the quarter ended June 30, 2002.

"Our first quarter showed continued revenue growth in tough economic times throughout the world." said Keith Rickard, BakBone's President and CEO. "Even in these challenging markets, all of our regions posted admirable revenue growth and I am encouraged by the increasing demand for our products."

About BakBone Software, Inc.

BakBone Software (TSX: BKB - News) 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 S&P/TSE Composite Index, 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

With the exception of historical information, the statements set forth above include forward looking statements (including but not limited to express or implied statements concerning BakBone's anticipated revenue growth and increased demand for its product) that involve risk and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These risks and uncertainties include, but are not limited to: competition in our target markets; potential capital needs; management of future growth and expansion; risk of third party claims of infringement; protection of proprietary information; risks associated with strategic alliances; reliance on distribution channels; product concentration; need to develop new and enhanced products; potential product defects; our ability to hire and retain qualified employees and key management personnel; and risks associated with operations in foreign countries. 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, which is available on the SEDAR disclosure system at www.sedar.com and/or those risk factors disclosed in the current report filed with the United States Securities and Exchange Commission which may be found at www.sec.gov/edgar.

All future written and oral forward-looking statements made by us or on our behalf are also subject to these factors. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.