NEVERFAIL NAMES NEW GROUP CHIEF EXECUTIVE OFFICER

Austin, Texas – 5 January 2007

The Neverfail Group (Neverfail), a leading global software company providing high availability and disaster recovery solutions, today announced Peter Parker has been named Group Chief Executive Officer effective today. In addition, Parker will become a member of the Neverfail Board of Directors.

Parker succeeds Neil Robertson, who has decided to leave after guiding the company through a successful major expansion which led to significant growth worldwide in the last four years.
Dave French will remain as Neverfail’s CEO of the Americas.

With more than 25 years experience in executive and operational positions with software companies, Parker brings a wealth of knowledge and experience working with successful, highgrowth organizations. Parker most recently served as Senior VP and Chief Operating Officer for a startup company and has held a variety of executive positions with KVS, VERITAS and Symantec.

Parker joined KVS in 2000 serving as VP of Sales and was later promoted to Senior VP responsible for sales and operations. He was instrumental in entering a number of new worldwide markets and growing company revenues exponentially in four years. Following KVS’s acquisition by VERITAS in 2004, Parker successfully integrated his global sales and operational team into VERITAS while consistently exceeding revenue targets. Upon Symantec’s acquisition of VERITAS in 2005, he was named VP of Sales for Symantec with responsibilities for building and expanding operations in Southern Europe, Africa, the Middle East and Russia.

Prior to this, he was Director of Global Channels at Forte Software and also spent numerous years at HP, ASK Ingres and Oracle.
“Peter has a significant technology background in both operations and sales and is definitely ready to lead Neverfail’s continued growth and expansion,” said Karen Slatford, Neverfail’s Chairman of the Board. “Peter’s executive leadership has consistently brought growth to technology companies both large and small. I am confident that Peter will build upon the success that the company has enjoyed recently.”

“My objective was to transform Neverfail from a UK disaster recovery consulting organization into a U.S. software company with a global reach. With revenues and our channel program rapidly accelerating, my mission is accomplished,” said Robertson.

“Neverfail’s tremendous growth and potential provides an exciting opportunity,” said Parker. “I look forward to further expanding our footprint in the global high availability and disaster recovery market, driving development of additional product offerings and further extending our impressive and thriving partner network.”

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