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OuterBay and EMC Partner to Manage Structured Content

December 1, 2003
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OuterBay, a leader in application data management software, and EMC Corporation, the world leader in information storage systems, software, networks and services, today announced a business and technology agreement focused on expanding the range of solutions available in support of customers’ information lifecycle management strategies. As part of the agreement, OuterBay Application Data Management suite technologies will be integrated into EMC’s Information Lifecycle Management (ILM) technologies. The resulting solutions will give customers the ability to monitor database growth and usage automatically, and more dynamically move data among different storage tiers, while preserving data access, reducing storage costs and improving overall performance of their database environments.

Mark Sorenson, EMC’s Senior Vice President of Information Management Software, said, “The most successful information lifecycle management strategies will be those that are business-centric and tie closely with key processes and applications. This partnership with OuterBay hits squarely on the center of this critical customer requirement. Specifically, OuterBay will further EMC’s ability to help organizations extract the maximum value for structured content environments at the lowest total cost, across every point in the information lifecycle.”

“The combination of EMC’s storage systems, software and services leadership and OuterBay’s deep application experience sets a new standard for information lifecycle management for Oracle, PeopleSoft, and custom applications in database environments,” said Michael Howard, OuterBay Chief Executive Officer. “The unmatched ILM functionality that our partnership provides will allow enterprise customers to manage and store their data with greater ease at the right cost.”

In January, 2003, OuterBay and EMC announced a technology agreement and the integration of OuterBay’s LiveArchive solution with EMC Centera content addressed storage (CAS), resulting in a new solution for the archiving of business transactions and attachments generated from Oracle, PeopleSoft and custom applications in database environments.

About OuterBay

OuterBay Technologies, Inc., a leading provider of application data management (ADM) solutions, helps customers monitor, forecast and manage data growth in enterprise application environments. The OuterBay Application Data Management suite allows users to move data between storage tiers based on its current value to the business, and maintain open access to archived data across applications, platforms and storage media. As a result, OuterBay both improves enterprise application performance and reduces total cost of ownership. OuterBay is headquartered in Campbell, California, with offices in the United States, Europe and Australia. OuterBay has over 150 customers. For more information, contact OuterBay at http://www.outerbay.com/ or 408.340.1200.

About EMC

EMC Corporation (NYSE: EMC) is the world leader in information storage systems, software, networks and services, providing automated networked storage solutions to help organizations extract the maximum value from their information, at the lowest total cost, across every point in the information lifecycle. Information about EMC’s products and services can be found at www.EMC.com.

This release contains “forward-looking statements” as defined under the Federal Securities Laws. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors, including but not limited to: (i) risks associated with strategic investments and acquisitions; (ii) adverse changes in general economic or market conditions; (iii) delays or reductions in information technology spending; (iv) the transition to new products, the uncertainty of customer acceptance of new product offerings, and rapid technological and market change; (v) insufficient, excess or obsolete inventory; (vi) competitive factors, including but not limited to pricing pressures; (vii) component quality and availability; (viii) the relative and varying rates of product price and component cost declines and the volume and mixture of product and services revenues; (ix) war or acts of terrorism; (x) the ability to attract and retain highly qualified employees; (xi) fluctuating currency exchange rates; and (xii) other one-time events and other important factors disclosed previously and from time to time in company filings with the U.S. Securities and Exchange Commission. EMC and OuterBay disclaim any obligation to update any such forward-looking statements after the date of this release.

 Media Contacts: Nick Olsson Atomic PR for OuterBay 415-553-4307 nick@atomicpr.com

Dave Farmer EMC 508-293-7206 Farmer_Dave@emc.com

SOURCE: OuterBay