VERITAS Storage Virtualization Platform Helps Linux Servers Address Demanding Enterprise Requirements

VERITAS Foundation Suite, the industry's leading storage virtualization platform, is now available for Red Hat Linux

MOUNTAIN VIEW, Calif.- January 30, 2002 - VERITAS Software Corporation (Nasdaq: VRTS) today announced that VERITAS Foundation Suite™, the industry's leading storage virtualization platform, now supports Red Hat Linux. The VERITAS Software storage virtualization platform uses online storage management and file system technology to optimize storage hardware usage and to simplify administration of multi-platform environments. This enables companies to manage more storage with fewer resources, and to improve return on investment through increased application availability and productivity With this release, VERITAS Software brings the leading storage management solution for UNIX environments to the Linux platform, enabling Linux servers to better handle the most demanding, data-intensive applications.

"Linux was the fastest growing server operating environment in 1999, 2000 and is very likely to be in a similar position in 2001," said Dan Kusnetzky, IDC's vice president of system software research. "As Linux moves into the mainstream in more markets, storage virtualization technology, such as VERITAS Foundation Suite, becomes increasingly important. Organizations planning to use Linux as a platform for more demanding IT infrastructure roles would be well advised to evaluate this type of software."

VERITAS Foundation Suite combines file system and volume management technologies to create a powerful management platform for enterprise storage and storage area network environments. Well-established in UNIX environments, this hardware-independent solution offers performance-tuning capabilities and sophisticated management tools that are now available to ensure the continuous availability of databases, applications and other resources running on Linux servers. The VERITAS FlashSnap™ option, also available with this release, offers efficient, point-in-time copies of data that can support data analysis, reporting, backup and testing, without impacting production applications.

"Our customers are looking for ways to leverage the cost/performance benefits of Linux in more of their IT infrastructure, and VERITAS Foundation Suite will help them do that," said Matthew Szulik, president and CEO, Red Hat, Inc. "Companies already using the VERITAS Foundation Suite can now manage storage across all of their Unix servers, including Red Hat Linux. And VERITAS Software's hardware-independent storage software gives our customers the freedom to choose and change storage hardware, especially as VERITAS Software makes future releases available on Red Hat Linux Advanced Server, a version of Red Hat Linux optimized to host enterprise application on 4 to 8 SMP Intel systems."

VERITAS Foundation Suite joins VERITAS Software's industry leading data protection solution, VERITAS NetBackup™, in support of the Linux operating system. The company plans to bring its high availability clustering solutions to the Linux enterprise market later this year.

Pricing and Availability

VERITAS Foundation Suite 1.1 for Linux is available immediately, with pricing starting at $1,500 per single-CPU server. VERITAS FlashSnap, a separately licensed option, is also available immediately, with pricing starting at $750. VERITAS Foundation Suite supports Red Hat Linux 7.2 Standard Edition, and selected prior versions of Red Hat Linux 7.1Errata.

About VERITAS Software

VERITAS Software Corporation provides essential storage software solutions that enable customers to protect and access their business-critical data. The company's corporate headquarters is located at 350 Ellis Street, Mountain View, CA 94043. (650) 527-8000, fax: (650) 527-8050, Web site: www.veritas.com.

For More Information Contact: Phil Nash ,
Corporate Communications , VERITAS Software
(650) 527-3017 , phil.nash@veritas.com

Ben Wightman , Applied Communications Group
(415) 365-0222 , bwightman@appliedcom.com

Investor Relations , VERITAS Software
(650) 527-2508 , IR@veritas.com

This press release may include estimates and forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934. These forward-looking statements involve a number of risks and uncertainties, including the risk that we will not gain market acceptance of our products and services, the risk that we will not be able to maintain the quality of our end-user customer and partnering relationships, and the risk that we will not manage our business effectively, that could cause the actual results we achieve to differ materially from such forward-looking statements. For more information regarding potential risks, see the "Factors That May Affect Future Results" section of our most recent report on Form 10-Q or Form 10-K on file with the SEC. We undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date hereof.

Copyright © 2002 VERITAS Software Corporation. All Rights Reserved. VERITAS, VERITAS SOFTWARE, the VERITAS logo, and all other VERITAS product names and slogans are trademarks or registered trademarks of VERITAS Software Corporation in the USA and/or other countries. All other products or company names mentioned are used for identification purposes only, and may be trademarks of their respective owners.

Partner Quote Sheet

Compaq

"The combination of VERITAS' storage management software and Compaq ProLiant servers creates a powerful platform for enterprise customers," said Rick Becker, vice president of operating systems marketing and business development, Compaq Industry Standard Sever Group. "Partnerships like this are expected to further the acceptance of Linux in the enterprise."

Intel

"The combination of Intel processor-based servers with VERITAS Software's storage-management products for Linux provides businesses with a high-performance solution for multi-processor enterprise environments," said Will Swope, vice president, Intel Software and Solutions Group.

Veritas Homepage: http://www.veritas.com