Kasten Chase Announces Channel Agreement with Storageflex NMSO Approved Supplier of Mid-tier Storage Solutions Will Introduce Company's Secure Information Management Solutions to Canadian Federal Government Toronto, Ontario, Canada July 22, 2004 - Kasten Chase (TSX: KCA), a provider of enterprise-class solutions for Secure Information Management, announced today that it has signed a channel agreement with Storageflex Inc., a Canadian manufacturer of high performance, high availability storage products and a Canadian Federal Government Approved NMSO (National Master Standing Offer) Supplier. The agreement will see Kasten Chase's AssurencyTM SecureData 1.5 secure storage and information management platform, integrated into StorageflexTM solutions for SAN, DAS, and iSCSI environments. "Our clients are looking seriously at storage encryption as a critical component of their information security strategy," said Paul Chan, Vice President, Storageflex Inc. "We chose Kasten Chase as our partner as they bring a long, successful history of developing innovative data security solutions for highly sensitive environments. Assurency SecureData gives us the ability to provide encryption services across a broad range of storage topologies and media, ensuring that our combined solution is comprehensive and matches our customers' needs." Headquartered in Toronto, Storageflex Inc. is a leading provider of comprehensive storage solutions, specializing in mid-tier disk, optical and tape storage technology. "Our agreement with Storageflex Inc. accelerates access to the Canadian Federal Government for our Secure Information Management solutions," said Michael Milligan, President and Chief Executive Officer, Kasten Chase. "This is of particular interest to us, given our experience and track record working with governments in other jurisdictions. Our combined offering provides the highest level of privacy protection and information security available today for stored data." Kasten Chase will also be offering its business services programs to Storageflex customers. These programs include the industry's first standards-based, storage security best practices assessment and business case analysis services for the storage security market. For further information, please visit www.kastenchase.com. About Kasten Chase Kasten Chase (TSX: KCA) helps companies eliminate the business risk associated with the retention, management and disposal of valuable information. The company's data storage security solutions protect valuable data assets, while introducing new efficiencies in the management of sensitive enterprise information. The company has its headquarters in Mississauga, Ontario, with offices in Ottawa, Ontario and Sterling, Virginia. About Storageflex Storageflex Inc. is a Canadian manufacturer of high performance, high availability enterprise storage products since 1983. The company pioneered many of the IT industry’s first tape backup and RAID Systems through the 1980’s. Storageflex’s HFD DiskArray set the standards by which most of the IT industry’s RAID Systems are designed. Storageflex Inc. sells its products through an international network of high-profile distributors and resellers in more than 30 countries around the world. For more information, visit the Storageflex Web Site at www.storageflex.com.