SAN DIEGO, CALIFORNIA - October 17, 2002 - BakBone Software, a global provider of storage management software and SteelEye Technology® Inc., a leading provider of cost-effective enterprise IT reliability solutions for business continuity, today announced a joint development and marketing partnership that will deliver the industry's first integrated storage management and reliability solution for the Linux operating system environment.

As part of this agreement, the two companies will optimize and test their products, SteelEye(TM) LifeKeeper® for Linux and BakBone's NetVault(TM), to assure compatibility, reliability and ease of use. In addition to this, SteelEye and BakBone will jointly develop high availability protection for NetVault to assure its constant availability through system failures and planned system downtime.

Under additional terms of this agreement, SteelEye and BakBone will jointly promote each others products worldwide, coordinate sales activity, and work jointly with channel partners to provide customers with an integrated and seamless solution for their Linux-based data management and protection needs.

"This partnership between SteelEye and BakBone will be very beneficial for customers looking to deploy a reliable Linux-based storage management solution," said Judy Chavis, Worldwide Linux Director, HP Industry Standard Servers. "The application failover protection provided by SteelEye LifeKeeper, combined with the backup storage management capabilities offered by NetVault provides IT organizations with the high-level of data management confidence necessary to extend their Linux deployments within many enterprises."

SteelEye and BakBone are committed to providing high-quality, easy-to-use solutions, to deliver an integrated and highly-functional offering. Combined, this solution ensures enterprise-grade, robust protection against down time for the Linux environment.

"We are delighted to partner with BakBone Software, an established and reputable enterprise storage management company," said Paul Adams, CEO of SteelEye. "The combination of tools from SteelEye and BakBone provides customers with the best of both worlds -- best of breed capabilities that can be delivered as a single solution."

"BakBone addresses customer backup and recovery needs with our flagship product NetVault and we have created a reputation of quality and value to our customers," said Keith Rickard, president and CEO, BakBone Software. "Linux is a strategic market for us and SteelEye's LifeKeeper for Linux and NetVault are perfect compliments. Together we now can address enterprise customers' backup, data management, and high availability needs at a lower total cost of ownership."

This combined solution is available now through our key channel partners around the world.

About SteelEye Technology Inc.

SteelEye is a leading provider of cost-effective enterprise IT reliability solutions for business continuity. The SteelEye LifeKeeper family of application failover, data replication, and disaster recovery software products are easy to deploy and operate, and enable enterprises of all sizes to ensure continuous availability of business-critical applications, servers and data.

SteelEye LifeKeeper offers enterprise-grade reliability while simplifying implementation through plug-and-play support for the widest range of applications, servers, storage options, and operating systems, including Windows, Linux, and Unix environments.

In addition, SteelEye provides a full range of High Availability consulting and professional services to assist organizations with the assessment, design and implementation of solutions for ensuring high availability within their environments.

SteelEye products and services are available worldwide, and may be purchased directly from SteelEye or through our international network of reseller and systems integration partners.

SteelEye has headquarters in Mountain View. For more information, visit www.steeleye.com.

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 near-line 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. 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.

(c)2002 SteelEye Technology Inc. All rights reserved worldwide. SteelEye Technology and LifeKeeper are registered trademarks and SteelEye is a trademark of SteelEye Technology Inc. All other trademarks and registered trademarks mentioned in this document are properties of their respective owners.