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Press Room | Press Releases

DataCore Recognized By Venture Reporter for Success

New Report Spotlights Financial Strength, Market Traction, Customers and Partnerships

FT. LAUDERDALE, Fla. (March 8, 2004) — DataCore Software, a leading provider of open storage networking software, has been named as one of today's most successful venture-backed, private enterprise software companies. Venture Reporter's recognition is based on DataCore's ability to succeed in an incredibly challenging technology selling market, demonstrated by its enterprise customer base, its partnerships and more than $87 million in venture funding. DataCore gives customers fast, cost-effective and easy-to-manage relief from the avalanche of electronic data with its growing portfolio of software-based storage solutions.

"Our solution goes straight to the heart of one of today's biggest business challenges: an unprecedented surge in data and significantly fewer IT dollars available to manage it," said George Teixeira, president and CEO of DataCore. "We're successful because we give customers what they need: freedom from high-cost hardware and vendor lock-in, the ability to maximize capacity and improved performance."

DataCore's solutions help the Global 2000 best manage the 'data explosion' spurred by the efficiency of digital records, regulatory guidelines for keeping data longer, and company growth and consolidation. Its award-winning SANsymphony™ software allocates storage capacities to applications flexibly and on demand, connecting disparate hardware into a virtual 'pool' to maximize utilization and minimize administration.

Venture Reporter's 2004 compendium spotlights 20 companies poised to lead their sectors and deliver the next generation of enterprise software to a ready, recovering market. The editors identified finalists based on the largest and most comprehensive database of non-public companies in the world and relied on analysis of the hottest markets, executive interviews and in-depth company and technology profiles to select the final list. The resulting report is considered a go-to-guide for investors eager to pinpoint companies with a solid foundation and significant growth potential.

DataCore's profile, including an interview with CEO Teixeira and analysis can be found at
http://www.datacore.com/downloads/dc_art_VentureReporter.pdf.

About DataCore Software
DataCore Software fundamentally changes the economics of management storage with innovative software that combines advanced functions and services with the agility and savings of hardware independence. The company's award-winning SANsymphony software provides unprecedented purchasing flexibility and future-proofing by empowering customers to fulfill portability and price/performance requirements across a broad choice of systems and devices. Global 2000 enterprise data centers and OEM storage subsystems rely on this comprehensive software platform to centralize and automate storage management for Windows, UNIX, Linux, MacOS and NetWare systems. DataCore is privately owned and has its corporate headquarters in Ft. Lauderdale, Florida. For more information about our products and international office locations, visit www.datacore.com.

DataCore, the DataCore Logo and SANsymphony are trademarks or registered trademarks of DataCore Software Corporation. Other 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 Contact:
DataCore Software Corporation
(954) 377-6000
pr@datacore.com

Media Contact:
(954) 377-6000
pr@corporateink.com


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