LiveVault Named Microsoft Business Solutions ISV Industry Partner; LiveVault Provides Superior Online Backup and Recovery Services to Small and Medium-Sized Businesses.

Business Editors/High-Tech Writers

MARLBOROUGH, Mass.--(BUSINESS WIRE)--May 17, 2004

LiveVault Corporation(R) (www.livevault.com), the leading provider of online backup and recovery solutions for business servers, today announced that it has been named a Microsoft(R) Business Solutions ISV Industry partner.

The LiveVault Online Backup and Recovery Service(TM) provides data protection for products offered by Microsoft Business Solutions, a leading provider of business applications designed to help small and mid-market businesses become more connected to customers, employees, partners and suppliers. Microsoft Business Solutions ISV Industry partners provide vertical, cross-industry application, customization services or enhancements to the Microsoft Business Solutions platform and receive targeted training, support and superior business opportunities from Microsoft.

LiveVault's status as a Microsoft Business Solutions ISV Industry partner has enabled small and mid-sized companies to reap the benefits of online backup and recovery for several years. In addition to now being a Business Solutions ISV Industry Partner, LiveVault also works with Microsoft as a:

-- Microsoft Backup and Storage Management Exchange Partner.

-- Member of the Microsoft Developer Network.

-- Active participant in the IFS Plugfest, which helps test the

Installable File System (IFS) filter drivers - the technology

behind many of Windows 2000 Professional's storage features.

-- Member of the Microsoft Backup BAM, which shares information

from business activity monitoring (BAM) for backup and

recovery.

The LiveVault Online Backup and Recovery Service works by automatically and continuously backing up business server data via a secure Internet connection and storing it in a secure off-site location, where it is available for immediate--and guaranteed--recovery in the event of a system failure, virus, human error or other disaster.

The LiveVault service is designed for customers whose servers reside outside of major data centers--such as enterprise remote or branch offices or small and mid-sized businesses--and who have primarily relied on in-house tape backups to keep their data safe. Analysts estimate nearly 50 percent of tape-based backups for these distributed servers fail to restore properly, seriously compromising the operations, and potentially the viability, of affected companies. Conversely, LiveVault's fully managed service delivers 100 percent data recoverability.

"We are pleased to have LiveVault join the Microsoft Business Solutions ISV Industry partners," said Jigish Avalani, director of the US ISV team for Microsoft. "Customers are looking for increased functionality and to maximize the return on their investment. Today, Microsoft is pleased to recognize LiveVault for providing solutions to meet those customers needs."

"Deepening our relationship with Microsoft is a win for our customers, as well as for our company," said Bob Cramer, president and CEO of LiveVault. "Microsoft has been helping small and medium-size businesses build affordable IT systems for many years, which aligns perfectly with our mission of providing the most robust and easiest to use online backup and recovery service."

To find out how LiveVault and its network of partners can provide cost-effective data protection and disaster recovery for your business, please visit www.livevault.com, contact [e-mail] or call [phone].

About LiveVault Corporation

LiveVault Corporation is the leading provider of fully managed online data backup and recovery services. LiveVault automatically and continuously backs up server data, protects it offsite at a secure, remote facility, and makes it immediately available for recovery 24x7. Through its partnerships with Iron Mountain (NYSE: IRM), BT (NYSE: BTY), Hewlett-Packard (NYSE: HPQ), Microsoft (NASDAQ: MSFT), and others, LiveVault helps ensure the business continuity of small and mid-sized businesses, as well as distributed offices of larger enterprises. LiveVault is based in Marlborough, Mass. For more information visit www.livevault.com or call [phone].

LiveVault is a registered trademark of LiveVault Corporation. Other product and company names mentioned herein may be trademarks and/or service marks of their respective owners. All rights reserved.