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Press Room | Press Releases

Vista Equity Partners' Robert F. Smith Elected To DataCore Board of Directors

Smith Adds Strategic and Financial Expertise to DataCore's Executive Team

FT. LAUDERDALE, Fla. (April 23, 2002) — DataCore Software, the leading provider of storage virtualization and networking software, today announced the addition of Robert F. Smith, managing principal with Vista Equity Partners, to the Company's Board of Directors. Vista Equity Partners, based in San Francisco, was the lead investor in DataCore's recent financing round. Vista Equity contributes experience, support and capital to fuel DataCore to realize its full potential as the premier open storage networking software provider.

"Robert's expertise and affiliations bring DataCore essential guidance to support the growth of our blue-chip customer base, build upon strategic partner relationships and expand our global presence," said George Teixeira, president and CEO of DataCore Software. "His insights further promote our SANsymphony™ software as the de-facto standard platform for comprehensive storage management."

SANsymphony provides customers with unprecedented return on investment, cost savings and business productivity from storage assets. The software features breakthroughs in storage utilization, automated administration, affordable and robust business recovery, performance acceleration, consolidated administration and broad connectivity.

"Vista Equity works with successful companies that uniquely leverage technology and build upon sustainable, long-term business models," stated Mr. Smith. "DataCore has a compelling customer value proposition, a dynamic and focused management team, a superior technical feature set and a solid strategic roadmap that help to ensure its bright future."

Before joining Vista Equity Partners, Mr. Smith focused on mergers and acquisitions in the technology industry for Goldman, Sachs & Co. While there, he was co-head of the Enterprise Systems and Storage Business within the Technology Group. He earned a B.S. in Chemical Engineering from Cornell University and an M.B.A. from Columbia University, where he graduated with Beta Gamma Sigma honors. Mr. Smith also serves on the Board of Directors, for SourceNet Solutions, CRAIG/is Ltd. and CRC Information Services.

About DataCore Software
DataCore Software Corporation is the leader in storage virtualization and networking software. The company's award-winning SANsymphony storage control software dramatically improves ROI and storage utilization by converting 'islands' of disparate storage into networked storage pools, enabling the easy allocation of storage capacity. DataCore distributes its software products through the SANvantage Partner Program including its authorized and technical channel and major OEM partners worldwide. Founded in 1998 by some of the industry's most respected storage technologists, DataCore is privately held with headquarters in Ft. Lauderdale, Fla., and other US offices located in CA and NC with international sales and service operations located in London, Paris, Munich, Tokyo, and Sydney. For more information, call (877) 780-5111 or visit www.datacore.com.

DataCore, the DataCore Logo and SANsymphony are trademarks and SANcentral is a registered trademark of DataCore Software Corporation. DataCore product or service names or logos referenced herein are trademarks of DataCore Software Corporation. All other products, services and company names mentioned herein may be trademarks of their respective owners.

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Corporate Contacts:
DataCore Software Corporation
(954) 377-6000
jan.jahosky@datacore.com

Media Contacts:
(954) 377-6000
pr@datacore.com

Kendra Balcius
(760) 758-8002
kbalcius@corporateink.com