Denver, CO, August 27, 2002 - Plasmon, a leading manufacturer of automated data storage libraries, today announced that its V-series LTO Tape Libraries and AIT Tape Autoloaders are now supported by VERITAS NetBackup™ for backup and recovery.

With the introduction of the V60, Plasmon now offers two sizes of high availability LTO Tape Libraries. The V60 provides up to 6TB of native storage capacity along with up to four LTO Drives. It can also be ordered as a V40 with only 40 slots and expanded to 60 slots when increased capacity is required. The higher capacity model, the V102 can be configured with up to six LTO drives, providing up to 10.2TB of native storage capacity. The V102 is also available as a V68, which can be upgraded as needed. Both Libraries come complete with Plasmon's three-year warranty and 1^st year On-site.

Plasmon's new AIT Tape Autoloaders provide smaller companies, remote corporate sites and branch offices with the high availability and reliability in a backup solution, for a low cost per GB with reduced backup time. Plasmon AIT Autoloaders are designed in a compact size for volumetric efficiency. The V15 provides up to 1.5TB of storage capacity along with two AIT Drives and the V30 can be configured with 4 AIT drives with up to 3TB of data storage capacity. Both Autoloaders come complete with Plasmon's three-year "Express Exchange" warranty.

"Our LTO and AIT Tape automation combined with VERITAS NetBackup provides a perfect fit for remote and branch offices on up to large data center environments," said Robert Clark, Executive Vice President of Sales and Marketing for Plasmon USA. "Through Plasmon's participation in the new VERITAS Enabled™ program, we work with VERITAS Software to protect our mutual customers' investments."

Plasmon's Tape Libraries and Autoloaders, compatible with VERITAS NetBackup, are designed to address data-intensive backup and recovery applications demanding 24X7X365 reliability in an enterprise-wide Storage Area Network (SAN) or traditional network environment.

Founded in 1987, Plasmon is an international business specializing in the design and manufacture of high-end removable data storage solutions and has been listed on the London Stock Exchange since 1996 (LSE: PLM). Worldwide, Plasmon has over 500 employees and annual sales revenues in excess of $100m.

Plasmon's world-wide headquarters are in Cambridge in the UK where the company develops and manufactures 12-inch optical disk products at its ISO-9001 certified facility and provides specialist technology consulting to the CD-R and DVD rewritable manufacturing industry. Storage management software and network attached storage products are also developed in the UK. European regional sales offices are located in Munich, Paris, Milan and Antwerp. Plasmon also manufactures optical disc masters in Caen in northern France. In Europe, contact Plasmon at: Whiting Way, Melbourn, Royston, Hertfordshire SG8 6EN; tel: +44 (0)1763 262963 fax: +44 (0)1763 264444

Internet: http://www.plasmon.co.uk. e-mail: sales@plasmon.co.uk.

In the USA, Plasmon develops and manufactures magneto optical, CD/DVD and tape libraries and optical disk drives at its ISO-9001 certified facility in Colorado Springs, Colorado. Plasmon is the leading manufacturer of 12-inch optical disk drives and media and also supplies a wide range of storage solutions based on 5.25 inch MO, CD/DVD, LTO/AIT tape storage technologies. Typical end-users of Plasmon products include banks, hospitals, insurance companies and government departments where the secure archival of large amounts of data are primary requirements. In North America, contact Plasmon at: 400 Inverness Drive So, Englewood, Colorado; tel: 800.451.6845 or 303.925.1855.

Internet: http://www.plasmon.com e-mail: sales@plasmon.com.