BakBone Software Announces Unaudited Second Quarter Fiscal Year 2008 Worldwide Bookings and Cash Balance



    SAN DIEGO, November 2 /CNW/ - BakBone Software, Incorporated (Pink
Sheets:BKBO), a global provider of heterogeneous integrated data protection
solutions, reported today its worldwide bookings(1) and cash position for its
second quarter of fiscal year 2008.

    For the second quarter of fiscal year 2008 ended September 30, 2007,
total worldwide bookings were $13.5 million from the sale of software licenses
and maintenance contracts. This represents a 9.2 percent increase from $12.3
million for the same period in fiscal year 2007, and a slight increase from
bookings of $13.3 million as reported for the first quarter of fiscal year
2008.

    BakBone's total cash balance at the end of September 2007 was $8.9
million as compared to $9.6 million at the end of June 2007. The reduction in
cash is primarily due to audit related costs which are anticipated to remain
significant through the Company's fiscal year 2008.

    "BakBone's business remains solid. We continued to see a positive
response from customers and prospects during the second quarter. We are
pleased with the progress of our relationship with Sun and it remains an
important component of our distribution strategy," said Jim Johnson, chief
executive officer, BakBone. "The entire organization is focused on driving
business momentum while interim CFO, Michael Compton and his team are working
diligently to complete the restatements."

    (1) Bookings represent the total value of contracts signed or orders
received during the period. The revenue associated with bookings will be
recognized in accordance with our revenue recognition practices.

    About BakBone Software

    BakBone Software is a leading international data protection solution
provider that develops and distributes heterogeneous data backup, restore,
disaster recovery, replication and storage reporting software for network
storage and open-systems environments. BakBone delivers scalable solutions
that address the complex demands of large enterprise environments, as well as
small- to medium-sized businesses. Founded in 2000, BakBone products are used
by Fortune 1000 corporations and domestic and international government
entities. Distributed through a select global network of strategic partners,
resellers and solution providers, interested companies can learn more about
BakBone's products and services and its Integrated Data Protection vision at
http://www.bakbone.com or email info@bakbone.com.

    Safe Harbor

    This press release contains forward-looking statements that involve
risks, uncertainties, assumptions and other factors, which, if they do not
materialize or prove correct, could cause BakBone's results to differ
materially from historical results, or those expressed or implied by such
forward-looking statements. The potential risks and uncertainties may include,
but are not limited to: BakBone's ongoing review of its financial statements
and efforts to become current in its reporting with the Securities and
Exchange Commission and the Canadian Securities Administrators; competition in
our target markets; potential capital needs; management of future growth and
expansion; the development, implementation and execution of the Company's
Integrated Data Protection (IDP) strategic vision; risk of third-party claims
of infringement; protection of proprietary information; customer acceptance of
the Company's existing and newly introduced products and fee structures; and
the success of BakBone's brand development efforts; risks associated with
strategic alliances; reliance on distribution channels; product concentration;
need to develop new and enhanced products; potential product defects; our
ability to hire and retain qualified employees and key management personnel;
and risks associated with changes in domestic and international market
conditions and the entry into and development of international markets for the
Company's products. Our forward-looking statements should be considered in the
context of these and other risk factors disclosed in our most recent report
filed with the Securities and Exchange Commission, which may be found at
www.sec.gov, as well as those risk factors disclosed in our current report
filed with the Canadian Securities Administrators, which is available on SEDAR
at www.sedar.com. All future written and oral forward-looking statements made
by us or on our behalf are also subject to these factors. BakBone assumes no
obligation to update any forward-looking statement to reflect events or
circumstances arising after the date on which it was made, other than as
required under applicable securities laws.

    The common shares of BakBone Software are currently subject to cease
trade orders in the Canadian jurisdictions of Alberta, British Columbia and
Ontario due to delays in the filing of the Company's financial statements.
Although these cease trade orders do not prevent investors, who are not
resident in or otherwise subject to the laws of Alberta, British Columbia or
Ontario, from trading the common shares of BakBone on the Pink Sheets in the
United States, investors are encouraged to obtain legal advice to ensure that
these trades are not violating the cease trade orders. BakBone continues to
work to resolve all outstanding issues which have prevented filing of its
financial statements, however an exact date for filing of these financial
statements cannot be determined at this time.

    BakBone(R), BakBone Software(R), NetVault(R), Application Plugin
Module(TM), BakBone logo(R), Integrated Data Protection(TM), Redefining Data
Protection(TM), Constant Data(TM), Constant Data logo(TM), Constant
Replicator(TM), OnDemand Replicator(TM), and Constant HA Cluster(TM), are all
trademarks or registered trademarks of BakBone Software, Inc., in the United
States and/or in other countries. All other brands, products or service names
are or may be trademarks, registered trademarks or service marks of, and used
to identify, products or services of their respective owners.




For further information:

For further information: BakBone Corporate Contact: Jennifer Trager
858-795-7525 jennifer.trager@bakbone.com or BakBone Media Contact: Amber
Winans 858-795-7584 amber.winans@bakbone.com

Organization Profile

BAKBONE SOFTWARE, INCORPORATED

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