BakBone Software Appoints Michael E. Compton as Interim Chief Financial Officer



    
    Continued Focus on CFO Search
    

    SAN DIEGO, Sept. 13 /CNW/ -- BakBone Software, Incorporated (Pink Sheets:  
BKBO) announced today that the Company has appointed Michael E. Compton to
serve as the interim chief financial officer for the organization. 
Concurrently, Clifford L. Flowers has resigned his appointment.
    
    (Logo: http://www.newscom.com/cgi-bin/prnh/20031120/SDBAKLOGO)
    
    BakBone has sought to strengthen its financial team through a search for
additional talent in recent months, and that effort is now intensified to
focus on the recruitment of a permanent chief financial officer to join the
BakBone management team.
    "The Company, as well as members of the Board's Audit Committee, would
like to thank Cliff for his contributions as interim chief financial officer
during the past several months and we wish him well," stated Jim Johnson,
president and CEO of BakBone Software.  "Cliff's financial leadership has been
instrumental in advancing the ongoing audit process.  It is our near-term goal
to appoint a permanent successor to Doug Lindroth who left the Company in
May."
    Compton will report to Jim Johnson who will serve as principal financial
officer through the filing of the Company's delinquent reports. Compton comes
to BakBone with 30 years of business and management experience including
accounting, finance, treasury, planning, taxes and information systems.  Most
recently, he was vice president of finance and administration for Inxight
Software, Inc. which was acquired by Business Objects. A respected financial
executive, Compton served as chief financial officer for companies such as
Terraspring, Inc. (acquired by Sun Microsystems) and Cooke Pharma, Inc.
Compton is a Certified Public Accountant and holds a Bachelor of Science
degree in accounting from the University of Central Florida.
    
    About BakBone Software, Inc.
    
    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
information about BakBone's products and services and its newly introduced IDP
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 ability to complete the review of
its financial statements, become current in its reporting with the Securities
and Exchange Commission and the Canadian Securities Administrators; any
difficulties that may be encountered in retaining a permanent chief financial
officer; and potential disruption that may be caused by the change in
financial management.  Other risks that BakBone faces in its business include:
risks associated with strategic alliances; reliance on distribution channels;
product concentration; need to develop new and enhanced products; potential
product defects; the 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 BakBone's products. Such forward-looking statements
should be considered in the context of these and other risk factors disclosed
in the most recent report filed with the Securities and Exchange Commission,
which may be found at http://www.sec.gov, as well as those risk factors
disclosed in the most current report filed with the Canadian Securities
Administrators, which is available on SEDAR at http://www.sedar.com.  All
future written and oral forward-looking statements made by the Company or on
its 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, unless required to do so under
applicable securities laws.
    The common shares of BakBone 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, BakBone Software and the BakBone logo 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.

    
    BakBone Corporate Contact
    Karen Fisher
    858-795-7525
    karen.fisher@bakbone.com
    

    
    BakBone Media Contact
    Amber Winans
    858-795-7584
    amber.winans@bakbone.com
    




For further information:

For further information: corporate, Karen Fisher, +1-858-795-7525, 
karen.fisher@bakbone.com, or media, Amber Winans, +1-858-795-7584, 
amber.winans@bakbone.com, both of BakBone Software, Incorporated Web Site:
http://www.bakbone.com

Organization Profile

BAKBONE SOFTWARE, INCORPORATED

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890