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IMAKEMONEY
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Three New Products, Ideal for Small-to-Medium Businesses Seeking
LTO-2 Performance, Offer Elegant Design, Industry-Leading Features,
and Affordability

BOULDER, Colo., Oct 16, 2006 (BUSINESS WIRE) --

Exabyte Corporation (OTCBB: EXBY), a leading innovator in tape backup, restore and archival systems, today announced the availability of three new LTO-2 products to its channel partners in the U.S. The Exabyte StorageLoader(TM), a 1U autoloader with LTO-2 tape technology, and internal and external versions of the Exabyte Magnum Tape Drive (LTO-2). The three products are designed for the small-to-medium business user who needs the performance of LTO-2 at an affordable price. Made possible by the pending purchase of Exabyte assets by Tandberg Data, these products are available for order immediately through Exabyte's distribution and reseller partners.

Exabyte StorageLoader LTO-2 1x8 1U Tape Autoloader

The Exabyte StorageLoader LTO-2, the industry's first 1U LTO-2 autoloader, provides the best price, highest storage density, and most efficient cartridge loading of any LTO autoloader on the market today. It offers both value and performance to small-to-medium businesses (SMBs) seeking an entry-level price and the performance of LTO-2 technology. The StorageLoader holds up to eight LTO-2 tapes, offers easy-to-install and easy-to-use operation in a sleek 1U rack-mountable form factor, making it ideal for SMBs that want to upgrade from stand-alone tape drives to LTO tape automation to improve performance and reduce the time and hassle of data backup.

StorageLoader Features and Benefits

-- Includes a single half-high LTO-2 tape drive

-- Hold up to eight LTO-2 tape cartridges in two tape magazines (four tapes each)

-- Up to 3.2 TB of compressed data, 1.6 TB native

-- Ultra 160 SCSI/LVD connection

-- Up to 48 MB/s compressed transfer rate, 24 MB/s native

-- Remote management/Ethernet, bar code reader, and rack mount kit are all standard

-- A slim "1U" rack design saves valuable rack space

-- Tape automation reduces administrative staff required to backup data

-- LTO format is widely accepted as an industry standard

-- Easy to maintain with field replaceable drive, power supply and fans

-- Industry-leading price

Reliability, Flexibility & Convenience

The Exabyte StorageLoader provides a unique cartridge-load design with two 4-slot removable magazines storing a total of eight data cartridges. Each magazine may be ejected through the LCD user interface and an emergency eject feature in case of power failure. Convenient labeling of the eight data cartridges (or seven plus a cleaning cartridge) in two magazines offers controlled storage with easy media labeling for quick, convenient, and accurate off-site storage.

The StorageLoader uses an LTO-2 half-height drive from Tandberg Data that features the lowest power consumption (18W) of any LTO tape drive, and its unique airflow design minimizes heat dissipation throughout the drive for greater reliability and increased longevity. Tandberg's "smart gripper" technology securely locks the media leader pit for fail-safe tape loading. Total cost of ownership and minimum down time are built into the StorageLoader. The tape drive, power supply and fans are all field replaceable without removing the autoloader from the rack, saving valuable time and money by avoiding costly onsite service visits. The StorageLoader's metal construction provides an extremely robust and rugged solution for optimal, long-term operation.

Best-in-Class Choice for SMBs

The convenience and reduced administrative resources of an automated solution and a mid-range feature set at a budget-friendly cost makes the Exabyte StorageLoader LTO-2 a "best-in-class" choice for small-to-medium businesses moving to automated backup from traditional standalone tape drives. All cables and a SCSI bus terminator to facilitate connectivity to the host network are included. End users need only to add media to begin backup/restore operations within minutes.

Exabyte Magnum Tape Drive (LTO-2)

The Magnum Tape Drive (LTO-2), available in both half-high internal and external versions, is one of the fastest and most compact LTO-2 tape drives available. It offers high capacity, reliability, and performance at an affordable price.

Features and Benefits

-- Up to 173 GB/hr. and 48 MB/sec. compressed transfer rate, 24 MB/sec. native

-- Large 400 GB compressed storage capacity, 200 GB uncompressed

-- 50% faster than LTO-1 drives and up to 8x faster than current DLT VS drives

-- Available as internal or external drive

-- Perfect for SMBs who require low cost, real time archiving within a small window

-- Excellent for distributed, multiple LTO vendor environments

-- Efficient design minimizes moving parts and three-year warranty offers peace of mind

The LTO-2 tape drive is designed for small-to-medium businesses seeking large-capacity backup with the reliability and performance of LTO-2 technology at an entry-level price. The unique cooling airflow eliminates the need for a separate fan. This reduces the number of components that can fail and reduces power requirements, which also reduces heat generation. The drive offers intelligent head cleaning, sophisticated tape threading, extensive media management, and a full three-year warranty.

"These new products now offered through Exabyte provide SMB customers with a variety of options for LTO-2 technology at compelling price points," said Kelly Beavers, Vice President, Product Marketing at Exabyte. "Whether stepping up to the performance of LTO-2 for the first time or expanding to the convenience of automation, these products offer both industry-leading performance and exceptional value."

Pricing and Availability

The Exabyte StorageLoader LTO-2 1x8 1U Tape Autoloader and Exabyte Magnum Tape Drive (LTO-2), half-high internal and external, are available immediately through Exabyte's channel of distribution and reseller partners. The estimated street price of the StorageLoader will start at $3,400 and the Magnum drives will start at $1,550 for an internal drive and $1,890 for external drive. For more information, visit www.exabyte.com or call 1-800-EXABYTE.

Tandberg Data-Exabyte Transaction

Tandberg Data and Exabyte recently announced an agreement for sale of substantially all of Exabyte's assets to Tandberg Data. The transaction is anticipated to close in the next 30 days. The strengths of the combined companies in their various geographic markets around the world will make Tandberg Data a formidable global competitor in the storage industry. In addition, the combined product portfolios will provide customers a full range of state-of-the-art, cost effective products and technologies to meet their needs.

About Exabyte Corporation

Exabyte Corporation (OTCBB: EXBY) is a leading innovator of tape storage products. For more than 20 years, the company has been recognized for its innovative engineering approach and for consistently raising industry standards in technology, quality and data reliability for tape drives and tape automation. The Company's products back up and restore critical business information in a manner consistently ahead of its competitors in terms of capacity, transfer speeds, and reliability - all at competitive prices. With patented and award-winning VXA Packet Technology and ExaBotics(TM), Exabyte's VXA(TM) and LTO(TM) (Ultrium(TM)) products are ideally suited for SMB and departmental servers, workstations, LANs, and SANs. Exabyte has a worldwide network of OEMs, distributors and resellers that share the company's commitment to innovation and customer service, including IBM, Apple, Fujitsu Siemens Computers, Fujitsu Ltd., Imation, Tech Data, and Ingram Micro. For more information, call 1-800-EXABYTE or visit www.exabyte.com.

RDX QuikStor, BAKStor, and SLR are trademarks of Tandberg Data ASA. RDX is a registered trademark of ProStor Systems, Inc. DLT, DLTtape, DLT VS, SDLT and Super DLTtape are registered trademarks of Quantum Corporation. LTO is a trademark of HP, IBM and Seagate. All other trademarks are the property of their respective owners.

SOURCE: Exabyte Corporation

SJI, Ltd. for Exabyte Bill Marino, 303-988-5133 bill*sjiltd.com

Copyright Business Wire 2006

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2late
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Baxt06
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EPS of over .25 last quarter. Currently trading at .03 per share
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