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Press Releases — July-September, 2004

LexisNexis Selects LiveVault to Provide Outsourced Backup and Recovery to Legal, Business Markets
Top information services company joins forces with leader in disk-based backup and recovery to provide hands-free, continuous data protection service

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LexisNexis:
Judi Schultz
Local: (937) 865-7942
Toll Free: (800) 227-9597
Ext. 57942

LiveVault Corporation:
Christine Eyre
(508) 460-6670, Ext. 328

SparkSource, Inc.:

Jim McManus
Kathy Healy Sucich
(781) 274-6061

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MARLBOROUGH, MA AND DAYTON, OH, September 14, 2004 - LiveVault Corporation (www.livevault.com), the leading provider of online backup and recovery solutions for business servers, and LexisNexis U.S., a leader in legal, news and business information services and applied applications, today announced an alliance to offer the LiveVault Online Backup and Recovery Service to LexisNexis customers in legal and business markets. LexisNexis will market the LiveVault® service as the LexisNexis Data Backup and Recovery Service.

LexisNexis, the most recognized name in legal and business information, provides information and systems hosting services to Fortune 500 businesses and law firms of all sizes. Through the alliance, LexisNexis will offer LiveVault to its customers to deliver continuous, automatic and guaranteed protection for critical legal and business data. In addition, LexisNexis offers large-scale data hosting at its two world-class data centers in southwest Ohio.

"We chose LiveVault because it offers a complete, proven online backup and recovery service—exactly what our customers need," said Allan McLaughlin, senior vice president and chief technology officer, LexisNexis. "The LexisNexis Data Backup and Recovery Service powered by LiveVault is an attractive solution for our small and medium-sized law firms and businesses because it provides secure and reliable online data protection, without any of the hassles of managing the process."

The LexisNexis Data Backup and Recovery Service automatically and continuously backs up business server data via a secure Internet connection and stores it in a secure, remote, offsite facility where it is available for immediate recovery. LiveVault designed the service for small and mid-sized law firms and businesses that have primarily relied on in-house tape backups.

"We decided to protect our data using The LexisNexis Data Backup and Recovery Service powered by LiveVault. What attracted us to this solution was the ability to protect our critical data files while eliminating the need to perform tape backups, along with ease of installation," said Sara Reynolds, chief information officer of Keating, Muething & Klekamp PLL, a 100-attorney law firm in Cincinnati, Ohio.

Analysts estimate nearly 50 percent of tape-based backups fail to restore correctly, which exposes users to significant risk. In contrast, LiveVault guarantees recovery of all business-critical data and enables users to return operations to the state they were in immediately prior to a data-loss event.

"Together, LexisNexis and LiveVault deliver this powerful advantage to law firms and businesses: a cost-effective way of ensuring that critical business data is kept safe from harm and fully recoverable in the event of a disaster," said Bob Cramer, president and CEO of LiveVault. "By partnering with LexisNexis, a trusted name in the legal and business communities, we are now able to reach thousands of at-risk businesses and ensure that the data they depend on is protected against system failure, virus, human error or other disaster."

To find out how LiveVault and LexisNexis can provide cost-effective data protection and disaster recovery for your business, please visit www.livevault.com, contact sales@livevault.com or call (800) 638-5518.

About LiveVault Corporation

LiveVault Corporation is the leading provider of fully managed online data backup and recovery services. LiveVault automatically and continuously backs up server data, protects it offsite at a secure, remote facility, and makes it immediately available for recovery 24x7. Through its partnerships with IBM (NYSE: IBM), Iron Mountain (NYSE: IRM), BT (NYSE: BTY), Hewlett-Packard (NYSE: HPQ), Microsoft (NASDAQ: MSFT), and others, LiveVault helps ensure the business continuity of small and mid-sized businesses, as well as distributed offices of larger enterprises. LiveVault is based in Marlborough, Mass. For more information visit www.livevault.com or call (508) 460-6670.

About LexisNexis

LexisNexis® U.S. (www.lexisnexis.com) is a leader in comprehensive and authoritative legal, news and business information and tailored applications. A member of Reed Elsevier Group plc [NYSE: ENL; NYSE: RUK] (www.reedelsevier.com), the company does business in 100 countries with 13,000 employees worldwide. In addition to its flagship Web-based Lexis® and Nexis® research services, the company includes some of the world’s most respected legal publishers such as Martindale-Hubbell®, Matthew Bender®, Butterworths, Les Editions du Juris-Classeur, Abeledo-Perrot and Orac.