BakBone Software Announces Unaudited First Quarter Fiscal Year 2008 Worldwide Bookings



    SAN DIEGO, Aug. 1 /CNW/ -- BakBone Software, Incorporated (Pink Sheets:  
BKBO), a global provider of heterogeneous integrated data protection
solutions, reported today its worldwide bookings(*) and cash position for its
first quarter fiscal year 2008.
    
    (Logo:  http://www.newscom.com/cgi-bin/prnh/20031120/SDBAKLOGO)
    
    For the first quarter of FY08 ended June 30, 2007, total worldwide
bookings were $13.3 million from the sale of software licenses and maintenance
contracts representing a 16 percent increase from $11.4 million for the same
period in fiscal year 2007 and consistent with bookings of $13.3 million as
reported for the fourth quarter FY07.
    BakBone's total cash balance at the end of June 2007 was $9.6 million as
compared to $11.4 million at the end of March 2007.  The reduction in cash
reflects expenses related to audit fees which are anticipated to remain
significant through the Company's second fiscal quarter, as well as one-time
research and development expenses specific to the Sun Microsystems OEM
agreement.
    "I am pleased to report our strategic partnership with Sun Microsystems
is on a positive track," commented Jim Johnson, president and CEO for BakBone
Software.  "We made key R&D investments in Q1 related to the localization of
our software and have expanded our presence with Sun in several European and
Asian countries.  In addition, we were pleased with the consistent performance
this quarter as we historically have a seasonal decline from Q4 to Q1."
    (*)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 newly introduced IDP vision at
http://www.bakbone.com or email info@bakbone.com.
    
    Safe Harbor
    
    This press release contains forward-looking statements (including,
without limitation, express or implied statements regarding anticipated growth
in the market for the Company's products and anticipated expense levels) 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 and become current in its reporting with the
Securities and Exchange Commission and the Canadian Securities Administrators.
In addition, potential risks and uncertainties may include competition in its
target markets; potential capital needs; management of future growth and
expansions; risk of third-party claims of infringement; protection of
proprietary information; customer acceptance of the Company's products and fee
structures; and the success of BakBone's brand development efforts.  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 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. Sun, Sun Microsystems, the Sun logo,
StorageTek, Solaris, and The Network is The Computer are trademarks or
registered trademarks of Sun Microsystems, Inc. in the United States and 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 A. 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: Karen A. 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

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BAKBONE SOFTWARE, INCORPORATED

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