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VERITAS Helps to Ensure Business Continuity With New Application Performance Management Software

  • 10 March, 2004 10:32

<p>For Immediate Release</p>
<p>VERITAS Helps to Ensure Business Continuity With New Application Performance Management Software</p>
<p>VERITAS Application Saver software helps to improve server utilization and prevent common software faults from causing complete application failures</p>
<p>MOUNTAIN VIEW, Calif. – March 10, 2004 – VERITAS Software Corporation (Nasdaq: VRTS), the leading storage software provider, today announced the immediate availability of VERITAS Application Saver™ software, a companion product for VERITAS i3™ application performance management (APM) software that helps to ensure business continuity by improving server utilization and preventing common software faults from becoming failures in large, distributed software applications.</p>
<p>Undiscovered memory leaks, buffer overwrites and thread management issues are the types of problems that can cause intermittent faults and failures that may take days or even weeks before they are recognized as problems within the thousands to millions of lines of code that now characterize large corporate applications. Left uncorrected, these common problems can affect the scalability of an application, leading to the installation of additional servers to meet end-user capacity requirements.</p>
<p>To ensure business continuity and minimize the need for extra servers, VERITAS Application Saver software monitors applications in real-time and provides on-the-fly fixes to these common software errors. In addition, the new software helps troubleshooting by capturing detailed, line-by-line “forensic” snapshots that reconstruct the sequence of events that led to the application fault or failure.</p>
<p>“It’s difficult to address business users’ concerns about application performance and reliability without supporting data,” said Bob Maness, senior director of product marketing, VERITAS Software. “VERITAS Application Saver software provides this data and allows IT staff to focus on delivering new services, rather than sustaining applications with scalability bottlenecks and intermittent errors.”</p>
<p>When used in combination with the VERITAS i3 application performance management software suite, VERITAS Application Saver software adds application reliability management to provide a comprehensive and heterogeneous solution for managing enterprise applications.</p>
<p>Application Performance Management and Utility Computing
Utility computing is a computing model that delivers IT as a measurable service, aligned with business needs and capable of adapting to changing demands. Application performance is one of the key building blocks of VERITAS’ utility computing strategy, since the utter reliance businesses have on their information systems means that these businesses can come to a halt when their IT systems are unavailable. Poorly performing systems also will result in poorly performing organizations and poor customer perception of these organizations. Businesses that understand these issues have moved beyond traditional availability initiatives, usually focusing on uptime only, and are implementing programs with a broader view of availability that address both system uptime and user response time.</p>
<p>About VERITAS Software
With revenues of $1.77 billion in 2003, VERITAS Software ranks among the top 10 software companies in the world. VERITAS Software is the world’s leading storage software company, providing data protection, storage management, high availability, application performance management and disaster recovery software to 99 percent of the Fortune 500. VERITAS Software’s corporate headquarters is located at 350 Ellis Street, Mountain View, CA, 94043, tel: 650-527-8000, fax: 650-527-8050, e-mail: vx-sales@veritas.com, Web site: www.veritas.com.</p>
<p>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 maintain market acceptance of our products and services and the risk that we will not be able to maintain or increase the quality of our end-user customer and partnering relationships 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-K and Form 10-Q on file with the SEC. We undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date hereof.</p>
<p>Copyright © 2004 VERITAS Software Corporation. All rights reserved. VERITAS, the VERITAS Logo, Application Saver, and i3 are trademarks or registered trademarks of VERITAS Software Corporation or its affiliates in the U.S. and other countries. Other names may be trademarks of their respective owners.</p>
<p># # #
Press Contacts:</p>
<p>Narelle Wilson, General Manager Marketing, Australia and New Zealand, VERITAS Software
(61 2) 8220 7000, narelle.wilson@veritas.com</p>
<p>Fiona Martin, Account Director, Max Australia
(61 2) 9954 3492, fiona.martin@maxaustralia.com.au</p>

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