NEWS RELEASE

VERITAS Software Delivers the First Certified Data Protection Solution to Support Novell NetWare 6

VERITAS Backup Exec for NetWare Offers Key Storage Management Features

MOUNTAIN VIEW, Calif. — Oct. 18, 2001 — VERITAS Software is the first storage software company to achieve Novell "Yes Tested and Approved" certification for the newly released NetWare 6 platform. VERITAS Backup Exec™ for Netware offers early adopters of the Netware 6 operating system the ability to back up and restore their local and remote NetWare servers. Having completed rigorous testing that ensures 100% compatibility and reliability with NetWare 6, version 8.5 of VERITAS Backup Exec for Netware continues to deliver first-to-market solutions that are fundamental to NetWare customers' data protection and recovery strategies.

"Providing companies with tools to ensure business continuity is a key objective at Novell," said Craig Miller, vice president and general manager of Novell's Net Management business unit. "A Novell certified backup solution, working in tandem with NetWare 6, plays a key role in protecting valuable data. VERITAS Backup Exec fills this role by delivering a flexible backup and disaster recovery solution that offers a reliable method to protect critical data resources."

The business requirement for around-the-clock availability of information has made data recovery planning critical in today's computing environments. VERITAS Backup Exec for Netware goes beyond basic backup and recovery, providing options for disaster recovery, open file backup, tape automation and Oracle database support to further customize a data protection solution.

"VERITAS Software develops storage software solutions to optimize the hardware and software investments of our customers," said Neal Ater, vice president of data protection products, VERITAS Software. "Our work with Novell allows us to offer NetWare 6 customers an interoperable data protection solution that minimizes planned and unplanned downtime."

VERITAS Backup Exec for NetWare has a rich history of industry firsts. A "first to certify" backup solution was delivered for NetWare 3, 4 and 5 – with VERITAS Software also achieving a first for certification of an intelligent disaster recovery solution for Netware 5. Additionally, VERITAS Software was first to provide support for Novell Cluster Services, first to support a heterogeneous SAN solution for mixed NetWare, Windows NT and Windows 2000 environments and first to support Novell Storage Management Services (SMS) specifications for NetWare backup. With the introduction of the NetWare 6 Early Adopter release of Backup Exec for NetWare version 8.5, VERITAS Software continues to deliver high performance, reliable NetWare data protection.

Pricing and Availability
The NetWare 6, Early Adopter release of VERITAS Backup Exec for NetWare 8.5, is available October 18, 2001, as a free 90-day evaluation available via the VERITAS Website at: http://preview.veritas.com/. For more information about VERITAS Products please contact VERITAS Software, North American sales headquarters office at: 400 International Parkway, Heathrow, FL 32746, (800) 327-2232 or (407) 531-7501, fax: (407) 531-7730.

About VERITAS Software Backup and Recovery Solutions
VERITAS Software offers a comprehensive portfolio of storage software solutions that help companies leverage existing resources, simplify heterogeneous system management and remain open to change. With backup and recovery solutions extending from the desktop to the enterprise, VERITAS Software leads the market in data protection. Application-specific agents protect critical information, while centralized management enables the customer to apply backup policies and manage operations across platforms and networks. Integration with the Storage Virtualization Platform provides a number of alternate backup methods, including frozen snapshot backups, off-host backups and server-free backups on a LAN, that reduce or eliminate backup windows and speed recovery for vital data. Additional integration with VERITAS replication, global cluster/failover and off-site tape vault management software rounds out VERITAS' portfolio, delivering infrastructure and processes that render a complete data recovery plan.

About VERITAS Software
VERITAS Software Corporation (Nasdaq:VRTS), the storage software company, provides essential storage software solutions that enable customers to protect and access their business-critical data. The company's corporate headquarters is located at 350 Ellis Street, Mountain View, CA 94043 (650) 527-8000, fax: (650) 527-8050, e-mail: vx-sales@veritas.com, Web site: http://www.veritas.com.

### For More Information Contact:
Connie Chronis, Corporate Communications Manager, VERITAS Software
(650) 527-1572, connie.chronis@veritas.com

Investor Relations, VERITAS Software
(650) 527-2508

This press release may include estimates and forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934. These forward-looking statements involve a number of risks and uncertainties, including the risk that we will not gain market acceptance of our products and services, the risk that we will not be able to maintain the quality of our end-user customer and partnering relationships, and the risk that we will not manage our business effectively, that could cause the actual results we achieve to differ materially from such forward-looking statements. For more information regarding potential risks, see the "Factors That May Affect Future Results" section of our most recent report on Form 10-Q or Form 10-K on file with the SEC. We undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date hereof.

Copyright – 2001 VERITAS Software Corporation. All Rights Reserved. VERITAS, VERITAS SOFTWARE, the VERITAS logo, and all other VERITAS product names and slogans are trademarks or registered trademarks of VERITAS Software Corporation in the USA and/or other countries. Other product names and/or slogans mentioned herein may be trademarks or registered trademarks of their respective companies.