OTG Software Named One of Maryland's Fastest Growing Technology Companies In Deloitte & Touche Technology Fast 50 Program for the Third Time

Oct 25, 2001, 01:00 ET from OTG Software

    ROCKVILLE, Md., Oct. 25 /PRNewswire/ -- OTG Software (Nasdaq:   OTGS), a
 leading provider of online data storage, data access and email management
 solutions, announced today that it has been named to the Deloitte & Touche
 Technology Fast 50 Program for Maryland, a ranking of the 50 fastest growing
 technology companies in the area, for the third time. Rankings are based on
 the percentage of growth in revenues from 1996-2000.
     OTG Software president and CEO, Richard Kay, credits OTG's strong business
 model -- driven by powerful channel sales and ROI-focused storage and access
 solutions -- with the company's 492 percent revenue growth over the past five
     "We are thrilled that OTG is once again recognized as a Technology Fast 50
 company, which resulted from the continued execution of our strategy and
 business goals," said Kay. "Our growth illustrates that companies and
 organizations from Legg Mason Wood Walker to NASA Goddard Space Flight Center
 continue to see the value of using OTG solutions to store and access virtually
 any type of mission critical business information."
     "The Deloitte & Touche Technology Fast 50 recognizes and honors the
 fastest growing regional technology companies whose leaders have the vision
 and determination to beat the odds and build companies that contribute to the
 world with long term solutions," said Gary Tabach, Partner in Charge,
 Technology & Communications Practice, Deloitte & Touche.
     OTG's increase in revenues of 492 percent over the five-year period of
 1996 to 2000 resulted in a 26 ranking overall in the Deloitte & Touche
 Technology Fast 50 for Maryland.
     To qualify for the Deloitte & Touche Technology Fast 50, companies must
 have had operating revenues of at least $50,000 in 1996 and $1,000,000 in
 2000, must be public or private companies headquartered in Maryland, and be
 "technology companies" -- defined as companies that produce technology,
 manufacture a technology product or devotes a high percentage of effort to
 research and development of technology.
     Winners of the 21 regional Deloitte & Touche Technology Fast 50 programs
 in the United States are automatically entered in the Deloitte & Touche
 Technology Fast 500 program, which ranks the nation's top 500 fastest growing
 technology companies. For more information on the Deloitte & Touche Technology
 Fast 50 or Fast 500 programs, visit http://www.fast500.com .
     About OTG Software
     OTG Software provides next-generation data management and collaboration
 solutions that virtualize storage for any type of data, including files,
 messages and databases, while providing easy and transparent access. OTG's
 application-oriented approach supports all platforms with open architecture
 solutions that scale from the department to the enterprise, and integrate
 seamlessly to store, track and retrieve information. Headquartered in
 Rockville, Maryland, the company has a customer base of over 15,000
 organizations and a global network of VARs, distributors, and OEMs. Infinite
 Storage. Immediate Access.(TM) http://www.otg.com .
     About Deloitte & Touche
     Deloitte & Touche LLP, one of the nation's leading professional services
 firms, provides assurance and advisory, tax, and management consulting
 services through nearly 30,000 people in more than 100 U.S. cities. The firm
 is dedicated to helping our clients and our people excel. Known as an employer
 of choice for innovative human resources programs, Deloitte & Touche has been
 recognized as one of the "100 Best Companies to Work For in America" by
 Fortune magazine for four consecutive years. Deloitte & Touche is the U.S.
 national practice of Deloitte Touche Tohmatsu. Deloitte Touche Tohmatsu is a
 Swiss Verein, and each of its national practices is a separate and independent
 legal entity. For more information, please visit Deloitte & Touche's web site
 at http://www.us.deloitte.com .
     This press release contains forward-looking statements within the meaning
 of the federal Private Securities Litigation Reform Act of 1995. Statements
 contained herein that are not statements of historical fact may be deemed to
 be forward-looking information. Without limiting the foregoing, references to
 future growth or expansion are forward-looking, and words such as
 "anticipates," "believes," "could," "estimate," "expect," "intend," "may,"
 "might," "should," "will," and "would" and other forms of these words or
 similar words are intended to identify forward-looking information. You should
 read statements that contain these words carefully because they discuss our
 future expectations, contain projections of our future results of operations
 or of our financial position or state other forward-looking information. There
 may be events in the future that we are not able to predict or control
 accurately, and any forward-looking statements are subject to risks and
 uncertainties that could cause our actual results to differ materially. These
 risks and uncertainties include: (i) the ability to recruit and retain
 qualified technical and other personnel in a highly competitive market, (ii)
 market acceptance of our new and future products, (iii) the growth and
 adoption rate of Windows NT, Windows 2000, UNIX and Linux (iv) growing
 competition and (v) our ability to maintain and manage our growth. We
 undertake no obligation to update or supplement this information. For
 additional information regarding risk factors that could affect our future
 results, please refer to the discussions of "Risk Factors" in our Annual
 Report on Form 10-K for the year ended December 31, 2000, filed with the SEC
 on March 7, 2001, and our Quarterly Report on Form 10-Q for the quarter ended
 June 30, 2001, filed with the SEC on August 13, 2001.
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