Storageflex Announces Channel Agreement with Diligent Technologies
NMSO Approved Supplier of Mid-tier Storage Solutions will Introduce a new Virtual Tape Library Solution powered by Diligent Technologies's Virtual Tape Facility

Toronto, Ontario, Canada March 15, 2005 - Storageflex™ Inc., a Canadian manufacturer of high performance, high availability storage products and a Canadian Federal Government Approved NMSO (National Master Standing Offer) Supplier, announced today that it has signed a channel agreement with Diligent Technologies, a leading enterprise data protection software provider for Mainframe and Open Systems environments. The agreement will see Diligent’s Virtual Tape Facility solutions (VTF™ Open and VTF Mainframe) integrated into Storageflex's 3945 VTL as its first backup and recovery offerings to assist enterprise customers in building reliable and cost-effective data protection.

“Tape-based backup and recovery has become a significant challenge for our customers,” said Paul Chan, Vice President, Storageflex Inc. “As a total solution provider, we needed to find a more reliable and cost-effective solution that would cause no disruption to their backup practices, policies and procedures. We chose to partner with Diligent Technologies because of their successful history and proven track record in keeping mission-critical data highly available, recoverable and secure.”

“We are excited about our partnership with Storageflex because it accelerates our visibility and access to all regions across Canada as well as through their international network of high-profile distributors and resellers in more than 30 countries around the world,” said Mike Parise, Vice President Sales/Marketing & CSS for Diligent. “We believe our partnership with Storageflex will yield unmatched solutions for customers looking to solve their tape-based backup and recovery challenges.”

Focused on helping enterprises enhance their data backup and recovery capabilities, Storageflex 3945 VTL powered by Diligent's VTF Open is a virtual tape solution that speeds recovery and backup without any disruption to the datacenter. The appliance, in combination with the user’s choice of server and disk technology, emulates automated tape libraries and enables existing backup applications to use disk, rather than tape as the backup medium. Running on a standard Linux Kernel and attaching via any Fibre Channel disk, VTF Open offers resellers a unique opportunity for increased hardware, software and services revenues.

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.

About Diligent Technologies Corporation
Diligent delivers scalable, proven virtual tape software providing customers with faster recovery, reliability and guaranteed data protection at a lower cost. Diligent’s VTF software leverages existing tape infrastructure and is seamlessly integrated into data center environments of all sizes. VTF helps customers utilize disk storage as a backup and restore medium, without disrupting existing policies, practices and procedures. Diligent’s storage software solutions and professional services are available through its reseller and partner channels along with sales, service and research and development support located worldwide. Information on Diligent Technologies is available on the World Wide Web at www.diligent.com, tel: +1-508-663-1300 or e-mail: info@diligent.com.