Yosemite Technologies Names Kevin Reinis Chief Executive Officer

Industry Veteran to Focus on Boosting the Company's Current Success in the Backup and Disaster Recovery Market


FRESNO, Calif., Nov. 3, 2003 (PRIMEZONE) -- Yosemite Technologies, a leading developer of multi-platform backup and recovery software solutions, today announced industry veteran Kevin Reinis has been appointed as the company's chief executive officer and to its board as a director.

Reinis brings more than 20 years of experience in building global technology companies. As CEO, he will be responsible for all global operations including sales, marketing, finance, professional services, product development, and business development. Reinis intends to expand upon Yosemite's position as a leading provider of OEM bundled backup solutions as well as the company's commitment to providing the industry's best storage solution for the small to medium enterprise (SME).

"Kevin joins the team at an exciting time as Yosemite continues its rapid growth pattern and at a time when the company is poised to expand on its current success," stated Rod Christiansen, co-founder of Yosemite Technologies. "His depth of experience in the storage market combined with his business acumen will make him a very strong leader that will positively impact our position in the storage software market, our customers and the people that make up the Yosemite team."

"Yosemite Technologies has a solid growth portfolio, and it continues to gain market share. I am thrilled to join Yosemite at this juncture in the company's development," stated Reinis. "Yosemite is positioned to command the backup and disaster recovery software market mainly because of its dedication to serving its SME customers and its commitment to the promise of "Backup Simplified"(tm). I am confident that my experience will guide Yosemite to further its success. I look forward to the exciting opportunities that lie ahead."

Most recently, Reinis was vice president of business development and strategic alliances at VERITAS Software (Nasdaq:VRTS) where he was responsible for building and maintaining the company's global partnerships. Before joining VERITAS, Reinis was general manager and vice president of Dell (Nasdaq:DELL) PowerVault Storage for the Dell Enterprise Systems Group. In this role, Reinis led Dell's entry into the storage systems marketplace. With worldwide responsibility for sales, marketing, development and manufacturing, Reinis helped to grow the company's storage product line from its inception to over $250M in revenue. Prior to Dell, Reinis spent 14 years at IBM Corporation (NYSE:IBM) where he held a variety of senior leadership posts in general management, sales, marketing, development, and manufacturing in IBM's Storage Systems Division. Reinis received his Masters of Science and Bachelors of Science degrees in Mechanical Engineering from the University of Pennsylvania.

For more information about Yosemite Technologies, go to www.yosemitetechnologies.com.

About Yosemite Technologies

Yosemite Technologies, Inc., the makers of TapeWare(r), is a leading provider of OEM tape drive bundled backup software solutions. Based in Fresno, California, Yosemite designs, develops, supports and markets high-performance, multi-platform recovery and backup solutions for the small-to-medium enterprise (SME) marketplace. With offices in North America, Europe, and Asia/Pacific, Yosemite is making its mark in the worldwide storage industry. By partnering with leading tape drive manufacturers to provide bundled software and using indirect sales channels, Yosemite Technologies is rapidly becoming an industry powerhouse.

The development of TapeWare began in 1985 and Yosemite Technologies was incorporated in 1996. Yosemite is a privately held company committed to providing the industry's best backup and storage solutions for SMEs. Their philosophy of "Backup Simplified" offers enterprise class solutions that are simple enough for the most non-technical small business users. To learn more, visit www.yosemitetechnologies.com.


            

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