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VERITAS SOFTWARE AND ORACLE ALIGN GO-TO-MARKET SALES STRENGTH FOR "dot.com" INITIATIVE

Companies Concentrate Sales Strategies on High-end, High-volume Internet
Market

PR726/ Tuesday 2nd November 1999

VERITAS Software Corporation (Nasdaq: VRTS), the industry's leading
enterprise class application storage management software provider, and
Oracle Corp. (Nasdaq: ORCL), the number one choice for e-business, today
announced a strategic alliance between the two companies including plans
for an expanded joint sales effort to support the "dot.com" internet
market. The Oracle/VERITAS Software sales alliance is expected to focus on
integrating the two companies' e-business solutions and technologies into
the top-200 dot.com businesses within the United States. This alliance is
the first result of the strategic collaborative product development and
marketing relationship between VERITAS Software and Oracle, also announced
today.

"Oracle is pleased to be building a significantly closer relationship with
VERITAS Software to develop a joint go-to-market strategy for the
demanding, high volume internet market," said George Roberts, executive
vice president of North American Sales, Oracle. "VERITAS Software's
availability solutions for storage management, when partnered with Oracle
solutions, are an ideal match for the dynamic needs of internet
infrastructures in today's top 'dot.com' businesses."

"Oracle has rapidly become the platform of choice for 'dot.com' companies
requiring the reliability and scalability necessary to support hyper-growth
on the internet," said Paul Sallaberry, senior vice president of worldwide
field operations, VERITAS Software. "Working closely together will allow
VERITAS Software's sales force to deepen the penetration of our powerful
application storage management solutions into the booming eBusiness
market."

Together, Oracle and VERITAS Software deliver scalable and reliable storage
management capabilities for Oracle customers running e-commerce and
e-business web sites. The companies anticipate that this new sales and
marketing initiative will drive joint sales opportunities into the
high-growth "dot.com" market by leveraging the unique value proposition the
Oracle and VERITAS Software technology combination delivers.

About VERITAS Software

For enterprise customers that demand the continuous availability of
business critical information, VERITAS Software Corporation (Nasdaq: VRTS),
the industry's leading enterprise-class application storage management
software provider, ensures information availability from business critical
applications by delivering integrated cross-platform storage management
software solutions. The company's products enable business without
interruption and are designed to protect, access and manage business
critical application information. VERITAS Software products are delivered
through a worldwide direct sales force and a network of resellers and OEM
partners in North America, Europe, Asia-Pacific and Japan. The company's
corporate headquarters is located at 1600 Plymouth Street, Mountain View,
CA 94043.

This press release may include estimates and forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933 and 21E of
the Securities and Exchange Act of 1934. These forward looking statements
involve a number of risks and uncertainties, including the timely
development and market acceptance of products and VERITAS' ability to
appropriately distribute its products, that could cause actual results the
Company achieves to differ materially from such forward looking statements.
For more information regarding potential risks see the "Risk Factors"
section of our most recent reports on Form 10-K and Form 10-Q on file with
the SEC.

Trademarks

VERITAS is a registered trademark of VERITAS Software Corporation in the US
and other countries. The VERITAS logo, Business Without Interruption and
VERITAS Backup Exec are trademarks of VERITAS Software Corporation in the
US and other countries. Other product names mentioned herein may be
trademarks and/or registered trademarks of their respective companies.
Oracle is a registered trademark of Oracle Corporation.