LIVEVAULT NAMED STORAGE TECHNOLOGY AWARD
WINNER FOR 2003 BY INDUSTRY EXPERT ROBIN BLOOR

Leading industry analyst predicts online backup
and recovery will dominate all backup

MARLBOROUGH, MASS., JAN. 28, 2004—LiveVault Corporation®, the leading provider of online backup and recovery solutions for business servers, today announced that the LiveVault Online Backup and Recovery Service™ was named the Storage Technology Award winner for 2003 by Robin Bloor, an IT industry expert and co-founder of the industry analyst firm Baroudi Bloor.

In honoring the LiveVault service, Bloor wrote, “Under the hood lies excellent backup technology that can be quickly configured to perform continuous back-up and which can restore files on a ‘single click’ basis.” Bloor continued, “Having thought about it in some depth, I expect this mode of backup to eventually dominate all backup.”

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 offsite 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 guarantees 100 percent data recoverability.

“Industry watchers such as Robin Bloor continue to praise our service for its ease-of-use, continuous protection, and the ability to quickly restore data,” said Bob Cramer, president and CEO of LiveVault. “We’re extremely pleased to have been recognized by Robin Bloor for our efforts during 2003, and we’re eager to build on that momentum in 2004.”

For more information on LiveVault's data protection and disaster recovery solutions, please email sales@buildingitc.com or call 866-324-3324.

About Baroudi Bloor
Baroudi Bloor is a group of multi-talented, top-tier industry analysts who identify and evaluate technologies in the U.S. and Europe. Based in Arlington MA with offices in Europe, the company provides research, analysis, and strategic and tactical advisory services to small and medium businesses as well as larger enterprises. For more information visit http://www.baroudibloor.com/.

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 mid-sized businesses, as well as distributed offices of larger enterprises. LiveVault is based in Marlborough, Mass. For more information email sales@buildingitc.com or call 866-324-3324.

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LiveVault is a registered trademark of LiveVault Corporation. Iron Mountain is a registered trademark of Iron Mountain, Incorporated. HP is a registered trademark of Hewlett-Packard Corporation. Microsoft and .NET are either registered trademarks or trademarks of Microsoft Corp. in the United States and/or other countries. Other product and company names mentioned herein may be trademarks and/or service marks of their respective owners. All rights reserved.