Double-Take(R) Software, Inc. Announces Filing of Registration Statement for Initial Public Offering.

SOUTHBOROUGH, Mass. -- Double-Take(R) Software, Inc. announced today that it has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock. A portion of the shares will be issued and sold by Double-Take Software, Inc., and a portion will be sold by certain stockholders of Double-Take Software, Inc. Cowen and Company, LLC and Thomas Weisel Partners LLC are acting as joint book-running managers, with CIBC World Markets Corp. and Pacific Crest Securities Inc. acting as co-managers.

A copy of the prospectus relating to these securities may be obtained, when available, from: Cowen and Company, LLC at 1221 Avenue of the Americas, New York, NY 10020, or Thomas Weisel Partners LLC at One Montgomery Street, Suite 3700, San Francisco, California 94104.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

About Double-Take(R) Software, Inc.

Double-Take(R) Software, Inc. develops, sells and supports software products for the protection of business-critical systems. Its Double-Take software provides accessible and affordable data protection via replication for disaster recovery, high availability and centralized backup.