OTG Software to Announce Financial Results for Its Third Quarter 2001 On Wednesday, October 24, 2001

    ROCKVILLE, Md., Oct. 22 /PRNewswire/ -- OTG Software, Inc. (Nasdaq:   OTGS),
 a leading provider of online data storage, data access and email management
 software, today announced that the Company will release its third quarter 2001
 financial results after the market close on Wednesday, October 24, 2001.
     Richard Kay, Chairman and Chief Executive Officer, and Ronald Kaiser,
 Chief Financial Officer, will host a quarterly conference call to discuss the
 results at approximately 5:00 p.m. EDT that same day.
     The call will be broadcast live over the Internet.  To listen to the live
 audio Web cast via the Internet, please follow the instructions that will be
 available on OTG's Web site at http://www.otg.com .  The webcast will be
 recorded and available for replay until midnight, October 31, 2001.
     To listen to the call live, dial 800-288-8968 domestic and 612-332-1210
 international.
     The call will be recorded and available for replay until midnight, October
 31, 2001.  To listen to the replay, dial 800-475-6701 domestic and
 320-365-3844 international.  The conference call ID number for the replay is
 608218.
 
     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
 ahas a customer base of over 15,000
 organizations and a global network of VARs, distributors, and OEMs.
 Infinite Storage. Immed 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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SOURCE OTG Software, Inc.

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