CHICAGO, IL, June 17 /CNW/ - JK&B Capital IV, L.L.C. ("JK&B") announces
that it has acquired Common Shares of BakBone Software, Inc. as a result of
BakBone's merger with ColdSpark, Inc. that was completed May 11, 2009. Certain
investment funds managed by JK&B currently own 9,117,877 Common Shares
representing 11.7% of BakBone's outstanding Common Shares.
JK&B holds the Common Shares for investment purposes only and not with
the purpose of influencing control or direction of BakBone. Depending on
market and other conditions, JK&B may, from time to time, increase or decrease
its ownership, control or direction over the Common Shares or other securities
of BakBone. Pursuant to the terms of the merger, JK&B Capital IV, L.L.C. will
receive additional Common Shares of BakBone Software, Inc. over the next three
years.
For further information: JK&B Capital IV, L.L.C., c/o JK&B Capital, 180
N. Stetson Avenue, Suite 4500, Chicago, Illinois, 60601, Attention: Nancy
O'Leary
