CaminoSoft Corp. Reports Outstanding Results From Novell Brainshare Conference.Business Editors & High-Tech Writers WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--March 27, 2002 CaminoSoft Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CMSF CMSF Canadian Merit Scholarship Foundation CMSF Canada Millennium Scholarship Fund CMSF Chief of Mission Systems Flight CMSF Congregation of the Missionaries of St Francis ), a provider of Intelligent Capacity Management and data storage solutions, announced the results of its recent participation in Novell's Brainshare conference. CaminoSoft came away from the conference with over 300 qualified leads from companies that have shown interests in CaminoSoft's products and have expressed an immediate need for a data storage solution. In December of 2001, CaminoSoft signed a non-exclusive licensing agreement for the Novell sales staff to sell CaminoSoft's products. In January, for the first time, CaminoSoft's managed server and storage server products appeared on the Novell price list. Brainshare is an annual conference held by Novell to introduce clients and customers to the latest technological innovations. The CaminoSoft product line was exhibited in the Novell partner area at Brainshare. Walter Kornbluh, Chief Executive Officer, stated, "The industry has finally come to realize the benefits of HSM (1) (Hierarchical Storage Management) The automatic movement of files from hard disk to slower, less-expensive storage media. The typical hierarchy is from magnetic disk to optical disc to tape. (Hierarchical Storage Management See HSM. ) and data differentiation. In an environment where we're creating more data in three years than in the preceding 200,000 years combined, there is a crying need for data storage solutions that can scale up into the multiple terabyte One trillion bytes. Also TB, Tbyte and T-byte. See tera and space/time. (unit) terabyte - 2^40 = 1,099,511,627,776 bytes = 1024 gigabytes or roughly 10^12 bytes. (Note the spelling - one 'r'). See prefix. range, that allow the user to pre-define automatic storage criteria and that allow transparent, instant de-migration of archived data on demand. Interest in our product line at the show was extremely high. In the Novell market place, we are the only company offering this type of product. There are approximately 4 million Novell servers in use today. Our sales force and the Novell sales force are working today to convert these leads into actual sales in the very near future." About CaminoSoft Corp. CaminoSoft Corp. is a creator of operating software solutions designed to store and manage the vast quantities of critical data created in a wide range of businesses and industries. The Company offers products that enable multi-tiered hierarchical storage management on computer server-based networks. CaminoSoft's products bring Intelligent Capacity Management to customers' networked storage environments by establishing Intelligent Data Storage, Intelligent Data Retrieval, Intelligent Data Protection and Intelligent Performance Measurement. Its products provide increased efficiencies in the customer's data storage and network infrastructure, and are available for Novell and Windows 2000 operating systems Operating systems can be categorized by technology, ownership, licensing, working state, usage, and by many other characteristics. In practice, many of these groupings may overlap. . This release may contain 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. that reflect the management's current views of future events and operations. These forward-looking statements are based on assumptions and external factors, including assumptions relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc regulatory action, capital requirements Capital requirements Financing required for the operation of a business, composed of long-term and working capital plus fixed assets. and competing products. Any changes in such assumptions or external factors could produce significantly different results. |
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