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EMC Corporation (ticker: EMC, exchange: New York Stock Exchange (.N)) News Release - 3-Mar-2003

EMC and VERITAS Software Agree to Exchange Programming Interfaces; Agreement to Advance Interoperability for Mutual Customers

HOPKINTON, Mass. & MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--March 3, 2003--EMC Corporation (NYSE: EMC) and VERITAS Software Corporation (Nasdaq: VRTS) announced today they have agreed to exchange a wide range of application programming interfaces (APIs) for storage system and storage software technologies, making it easier for organizations to implement and integrate products from each company.

Over the past seven years, EMC and VERITAS Software have worked together to integrate their respective technologies and provide customers with the highest levels of interoperability. Today's agreement extends access to previously exchanged APIs and includes new APIs relating to storage arrays, volume and file management, and replication features.

As a result of this technology exchange, EMC and VERITAS customers will benefit from greater interoperability, a strengthened ongoing joint support process, and derive synergies from the two companies' industry leading product offerings.

Under the terms of the agreement, EMC will be licensing APIs to VERITAS to provide broader support of EMC Symmetrix(R) and CLARiiON(R) storage systems and Celerra(TM) network servers. VERITAS Software will be licensing APIs to EMC to support mapping, control, and replication functions of the VERITAS Volume Manager(TM), VERITAS File System(TM), and VERITAS Foundation Suite(TM) products. In addition, the companies will define cooperative support levels so that end users of the respective storage system and storage management products can receive joint support for the integrated product offerings.

About EMC

EMC Corporation is the world leader in information storage systems, software, networks and services, providing automated networked storage solutions that enable organizations of all sizes to better and more cost-effectively manage, protect and share their information. More information about EMC's products and services can be found at www.EMC.com.

About VERITAS Software

With revenues of $1.5 billion in 2001, VERITAS Software ranks among the top 10 software companies in the world. VERITAS Software is the world's leading storage software company, providing data protection, storage management, high availability and disaster recovery software to 86 percent of the Fortune 500. VERITAS Software's corporate headquarters is located at 350 Ellis Street, Mountain View, CA, 94043, tel: 650-527-8000, fax: 650-527-8050, e-mail: vx-sales@veritas.com, Web site: www.veritas.com.

EMC, Symmetrix and CLARiiON are registered trademarks and Celerra is a trademark of EMC Corporation. VERITAS, the VERITAS Logo and all other VERITAS product names and slogans are trademarks or registered trademarks of VERITAS Software Corporation. VERITAS and the VERITAS Logo Reg. U.S. Pat. & Tm. Off. Other product names and/or slogans mentioned herein may be trademarks or registered trademarks of their respective companies.

--30--GK/bo*

CONTACT: EMC
Rick Lacroix, 508/293-7261
lacroix_rick@emc.com
or
VERITAS Software
Jeremy Roe, 650/527-3010
jroe@veritas.com