Fujitsu Siemens Computers Selects Exabyte's VXA-2 PacketLoader 1x10 1U.

Business Editors/High-Tech Writers

BOULDER, Colo.--(BUSINESS WIRE)--March 23, 2004

New Automated Back-up and Restore Product Breaks Industry Barriers for Capacity, Speed and Price with VXA Packet Technology's Reliability

Exabyte Corporation (OTCBB:EXBT), a performance and value leader in tape backup, restore and archival systems, today announced that Fujitsu Siemens Computers will offer the new VXA-2 PacketLoader 1x10 1U to its extensive customer base. The VXA-2 PacketLoader 1x10 is an ultra-compact 1U rack-mountable automated backup and restore product built with VXA Packet Technology and Exabyte's world-renowned robotics. With up to 1.6 terabytes of unattended back-up capacity, the newest autoloader from Exabyte signals a breakthrough in price, performance and capacity for this class of automation product.

"This newest automation product from Exabyte brings extraordinary value to a very important market sector -- small and medium-sized organizations," said Dr. Helmut Beck, Vice President Storage for Fujitsu Siemens Computers. "The VXA-2 PacketLoader fits well into the Fujitsu Siemens Computers product mix for this customer segment. This market demands reliability and the greatest capacity for an optimal price. With more and more companies turning to the convenience of automation, the VXA-2 PacketLoader hits the market with its 1U design and helps us to provide entry-level backup solutions that excel both in performance and cost-effectiveness."

VXA-2 was chosen by Fujitsu Siemens Computers because it provides exceptional capacity and reliability for a price that is highly competitive in the entry segment of the tape automation market. Fujitsu Siemens Computers will now offer the VXA-2 PacketLoader as an extension for rack-mounted systems already running on the customer site, or as an optional storage component for its popular Intel-based PRIMERGY and Solaris/SPARC-based PRIMEPOWER servers. The corresponding VXA-2 tape drive has been available since May 2003 either as external storage device or an internal option.

The VXA-2 PacketLoader is available for order immediately through Fujitsu Siemens Computers. For more information about pricing and availability or other Fujitsu Siemens products, contact your Fujitsu Siemens representative or visit www.fujitsu-siemens.com. For more information about the VXA-2 PacketLoader and other Exabyte products, visit www.exabyte.com.

About the VXA-2 PacketLoader 1x10 1U

For users with space or budget constraints, Exabyte's 1U rack-mounted VXA-2 PacketLoader 1x10 1U provides more capacity for the dollar than any other automated backup and restore product on the market. Exabyte's award-winning VXA Packet Technology enables the VXA-2 PacketLoader 1U to set a new standard in capacity, data reliability, speed and price for this class of automation products. It offers ten 160 GB cartridge slots for up to 1.6 TB backup capacity at a transfer speed of up to 43.2 GB/hr.(a), which is at least 5x the capacity, 2x the speed and 180x the restore integrity of a comparable DDS autoloader at a lower price. In addition, the VXA-2 PacketLoader 1U offers a midrange feature set, including a barcode reader standard, random library operation and optional remote management, in an entry-level class of automation product. Plus it is the only 1U autoloader with field-replaceable drives, allowing for easy upgrades to future generations of VXA drives without the cost of buying a whole new box.

About Fujitsu Siemens Computers

Fujitsu Siemens Computers is the leading European IT provider with a responsible strategic focus on next-generation Mobility and Business Critical Computing products, services and solutions. With a portfolio of exceptional depth, our offering extends from handhelds through desktops to enterprise-class IT infrastructure solutions. Fujitsu Siemens Computers has a strong presence in all key markets across Europe, the Middle East and Africa. Leveraging the strengths, innovation and global reach of our joint shareholders, Fujitsu Limited and Siemens AG, we make sure we meet the needs of customers: large corporations, small and medium enterprises and private users. For more information on Fujitsu Siemens Computers, please visit: www.fujitsu-siemens.com.

About Exabyte Corporation

Exabyte Corporation (OTCBB:EXBT) provides innovative tape storage solutions to customers whose top buying criteria is value: capacity/price, speed, data reliability and ease-of-use. Exabyte, an industry innovator since 1987, is the recognized value-leader in tape storage and automation solutions for servers, workstations, LANs and SANs. With groundbreaking VXA Packet Technology, the most significant advancement in tape in the last decade, Exabyte's VXA-2 solutions provide SMB and departmental users dramatically higher capacity, speed and data reliability at competitive prices. Exabyte's drives and automation products are rugged, robust and reliable solutions for users of VXAtape(TM), LTO(TM) (Ultrium(TM)) and MammothTape(TM). Exabyte has a worldwide network of OEMs, distributors and resellers that share the company's commitment to value and customer service, including partners such as IBM, HP, Fujitsu Siemens Computers, Bull, Toshiba, Logitec, Apple Computer, Acer, Tech Data, Ingram Micro and Arrow Electronics. For additional information, call 1-800-EXABYTE or visit www.exabyte.com. For investor relations inquiries, contact Kelly Beavers at [e-mail].

(a) Data capacities and transfer rates for VXA drives assume a compression ratio of two-to-one. Actual compression will vary depending on the nature of the data and the drive and media quality.

Exabyte, VXA and M2 are registered trademarks, and, MammothTape is a trademark of Exabyte Corp. All other trademarks, trade names, service marks, and logos referenced herein belong to their respective companies.