BakBone Executive Vice President Interviewed on WallStreetNewscast.net.Business Editors SAN DIEGO--(BUSINESS WIRE)--June 7, 2000 Offers Insights Into BakBone's Approach to Storage Management Software Market Tony Cerqueira, Executive Vice President of BakBone Software  This article about a company does not make it clear whether the subject meets the Wikipedia criteria for . (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :BKB BKB Basler Kantonalbank (Switzerland) BKB Black King Bar (gaming weapon) BKB BV Kwaliteitsverklaringen Bouw (Dutch) BKB BankBoston Corporation ), has told a web-based newscast newscast Radio or television broadcast of news events. News gathering and broadcasting by the radio networks began in the mid-1930s and increased significantly during World War II. The television newscast began in 1948 with 15-minute programs that resembled movie newsreels. aimed at investors that the company is rapidly moving toward fulfilling its corporate strategic objective of marketing its storage management software products throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , even as it firms up its global positioning. Cerqueira, interviewed yesterday on WallStreetNewscast.net, said BakBone's goal is establishing itself as a leading worldwide provider of software-based storage management solutions. He told interviewer Tom Bustamante that BakBone's flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , NetVault(TM), already has a strong market position in both Europe and Asia, where it is used by leading firms such as SAP Japan, Sony and Toshiba. Cerqueira declined to offer a specific date for the official launch of NetVault in North America, but said current plans call for it to occur later this summer. Bustamante said he pursued an interview with BakBone, based largely on its recent inclusion on the Toronto Stock Exchange's TSE 300 Composite index Composite Index A grouping of equities, indexes or other factors combined in a standardized way, providing a useful statistical measure of overall market or sector performance over time. Also known simply as a "composite". . "We are impressed by BakBone's rapid growth, and the strength of its market presence overseas," he commented. "We wanted to share the company's perspective on the storage management software market, as well as its plans for continued growth with our web site visitors." Bustamante estimated that an average of two million individuals visit the web site every month. Cerqueira, interviewed in Orlando while at a GartnerGroup seminar on data storage, noted that analysts' estimates of the market growth have mushroomed. He cited a newly released report from Dataquest estimating that the storage market for vendors would grow to an estimated $14.7 billion dollars annually by 2004. That number is more than double Dataquest's previous forecasts. "We see this as representing an excellent opportunity for BakBone," Cerqueira said following the interview. "We intend to maximize our position in the market through a combination of leading-edge technology and world-class service. This will represent an excellent value to our customers, and we believe it will result in positive long-term growth for the company and its shareholders," he added. The interview can be heard at www.wallstreetnewscast.net through the remainder of the week. Real Player software is required. About BakBone Software, Inc. BakBone Software(TM) is an international storage management software company that develops and globally distributes industry-leading storage management solutions to the open systems markets, providing data protection and management solutions scalable from office to enterprise that will grow with a company's needs. BakBone's NetVault(TM) products are designed to provide unparalleled robustness, and unmatched data protection and recovery to meet the challenges of today's computing infrastructures. BakBone Software's comprehensive but easy to use features include versatile modular design In the context of systems engineering, modular design — or "modularity in design" — is an approach aiming to subdivide a system into smaller parts (modules) that can be independently created and then used in different systems to drive multiple functionalities. , SAN LAN-free support and specialized on-line application backup. The very core of the product is designed with high bandwidth data transfers in mind and designed to ensure that performance is not compromised under any circumstances. BakBone's corporate headquarters are located at 10145 Pacific Heights Boulevard, San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , Ca. 92121. For more information on BakBone products, call 858-450-9009, e-mail sales@bakbone.com, or access BakBone's web site at www.bakbone.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. The statements contained in this press release that are not historical in nature are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . 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. |
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