Clickfree Raises More Money to Fuel Continued Rapid Growth and Innovation



    TORONTO, April 27 /CNW/ - Clickfree(TM), the software company whose
automatic backup products make confusing and time-consuming computer backups a
thing of the past, today announced that it has completed a $10 million (US)
Series B share offering, with institutional funding led by Jefferson &
Partners of Toronto and participation from the management team and existing
investors.
    Clickfree CEO Bryan McLeod said the funds raised will be used to drive
continued rapid growth by the company and will fuel investments in customer
acquisition, new product development and go-to-market efforts.
    "We are very excited about our sales growth, especially during these
challenging economic times, and we expect 2009 to be an exceptional sales year
for us, as consumers and businesses continue to discover what Clickfree offers
in terms of protection and security for valuable digital content," commented
McLeod. "Our impressive financial performance to date demonstrates the huge
demand for a simple consumer backup solution and affirms the effectiveness of
our business model."
    McLeod noted that businesses and consumers worldwide joining the digital
age face the ever-present risks of viruses, computer crashes and lost data and
Clickfree has developed the easiest solution on the market.
    "Clickfree continues to offer an affordable and easy backup solution that
protects customers from the inevitable loss of cherished and irreplaceable
digital content," he added. "This funding is helping us capitalize
aggressively on a massive and untapped market and accelerate our pace of
innovation."
    Clickfree(TM) has 23 unique patents pending that support a software
platform that can be delivered on any storage media. Customers now have a
simple solution for saving digital content that's as easy as connecting any
Clickfree product to a computer.
    Clickfree devices are designed to automatically start, search, organize
and backup digital files. Clickfree's entire lineup of products is designed
for the 85 to 95 percent of computer users who, research shows, fail to
regularly backup content on their PCs because they do not have the time,
desire or skill to install, set up and use confusing or complex software and
hardware products.
    "The Clickfree team has truly innovated the simplicity of computer back
up and data protection for consumers and businesses worldwide," said Ian Locke
of Jefferson Partners. "The technology and quality behind each product has
revolutionized the standards of what computer backup is today."
    All Clickfree(TM) products are available by ordering directly from
www.Clickfree.com. Additionally, Clickfree(TM) products can be found at
leading outlets such as Best Buy, OfficeMax, Walgreens, Amazon.com and
Costco.com.

    About Storage Appliance Corporation

    Storage Appliance Corporation is a leading developer of consumer backup
software marketed as Clickfree(TM) automatic backup specifically designed for
ease of use. Clickfree(TM) backup is the world's first technology that
performs backup by simply connecting any storage device to the PC, without
having to set up or configure software. Visit www.clickfree.com for additional
information.





For further information:

For further information: Robyn Weese, Phone: (416) 484-0009 x 275,
Email: Robyn@Clickfree.com

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STORAGE APPLIANCE CORPORATION

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