BakBone Software Added To TSE 300 Composite, S&P/TSE Canadian SmallCap And TSE 200 Indices.

Business Editors & High Tech Writers

CALGARY, Alberta and SAN DIEGO--(BUSINESS WIRE)--May 30, 2000

Company cited as one of Canada's largest publicly held firms

BakBone Software (TSE:BKB), a global provider of storage management software for many of the world's largest companies, announced today that it has been added to the TSE 300 Composite, S&P/TSE Canadian SmallCap and the TSE 200 indices.

"BakBone is pleased to have been selected for listing on three of Canada's leading indices along with Canada's most prominent public companies," said Jack Corrao, BakBone President and CEO. "This affirms BakBone as an emerging global company and also as a leader in the high technology industry. I would like to thank BakBone's dedicated staff and shareholders for their ongoing contributions and support, and to assert our commitment towards continuing to meet the high standards for inclusion on the indices," said Corrao.

In relation to BakBone's product lines Corrao said, "Companies around the world already use our products, including our flagship NetVault(TM) storage management software. Our planned expansion into the North American market represents a tremendous opportunity for BakBone, and we believe our investors will realize long-term profits from it as well."

About the TSE 300 Composite, S&P/TSE Canadian SmallCap and TSE 200 Indices

Standard & Poor's and the Toronto Stock Exchange (S&P/TSE) manage the TSE 300 Composite, S&P/TSE Canadian SmallCap and the TSE 200 indices. The indices consist of rigorous market analysis of TSE-traded companies based on size, liquidity and representation of important industry segments in Canada.

The indices, in keeping with the S&P 500, track the foremost companies in leading industries to provide investors with broad but manageable indices. Companies are not consulted regarding inclusion on indices, and the Canadian Index Policy Committee selects companies based on their sole and absolute discretion. Criteria for inclusion are continually reviewed and subject to change at any time.

Other technology companies on the TSE 300 and the TSE 200 include Nortel Networks Corporation (TSE:NT), Celestica Inc. (TSE:CLS), and JDS Uniphase Canada Ltd. (TSE:JDU).

About BakBone Software

BakBone Software 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, 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, CA 92121. For more information on BakBone products, call 858-450-9009, e-mail [e-mail], or access BakBone's web site at www.bakbone.com.

For more information, please contact: BakBone Software, Investor Relations, Raju Wani or Jill Sorensen, ([e-mail]), Phone: [phone].

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.