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VERITAS SOFTWARE AND ORACLE EXPAND STRATEGIC COLLABORATIVE PRODUCT DEVELOPMENT AND MARKETING RELATIONSHIP

Software Leaders Unite to Increase Application Reliability and Availability


PR727/ Tuesday 2nd November 1999

VERITAS Software Corporation (Nasdaq: VRTS), the industry's leading
enterprise class application storage management software provider, and
Oracle Corporation (Nasdaq: ORCL), the number one choice for e-business,
today announced that they have expanded their strategic relationship to
focus on increasing application reliability and availability for
traditional enterprise, e-business, and e-commerce customers. The broadened
alliance includes a new technology and marketing relationship that calls
for the development of software, recommended configurations, and marketing
strategies in three key areas: high availability technology, enterprise
market solutions, and products for the rapidly expanding "dot.com" business
segment. This relationship builds on the initial co-operative development
agreement between VERITAS Software and Oracle, announced on January 19th
1999, which enhanced storage management for Oracle's database solutions.

"Oracle and VERITAS Software intend to strategically align product
strategies and jointly delivering compelling product configurations that
increase value for our mutual customers running e-commerce and e-business
web sites and our traditional enterprise-class customers," said Gary Bloom,
executive vice president, Oracle Corporation. "This is a powerful
technology relationship between two industry leaders designed to result in
world-class solutions that increase availability and scalability to meet
the demanding needs of enterprise class customers and internet based
businesses."

"VERITAS Software's expanded relationship with Oracle is a strategic step
as we continue to leverage our powerful storage management technologies to
increase the reliability and availability of today's business-critical and
internet-based applications," said Mark Leslie, chairman, CEO and
president, VERITAS Software. "We anticipate that VERITAS Software and
Oracle will revolutionise the industry's technology solutions for our
mutual enterprise customers by collaboratively optimising our technologies
for assured compatibility and increased performance."

Oracle and VERITAS Software are currently collaborating on the following
initiatives:

· Jointly configure VERITAS NetBackup data protection solutions with
Oracle Enterprise Edition to deliver mission critical backup and recovery
solutions for the demands of high transaction volume database applications.

· Create a mutual Enterprise Market Product Strategy for the development
of software configurations that address the demanding needs of Global 1000
companies. This includes performing joint testing, proof of concept
studies and documenting recommended configurations for specific workloads.

· Model the scalability and availability requirements that are unique
to the "dot.com" and e-business market to deliver recommended software
configurations to meet the emerging requirements of this high growth market
segment.

· Expand the I/O interfaces already delivered to build the next
generation I/O interfaces to address the high availability requirements of
the "dot.com" market. This includes the implementation of a new custom I/O
interface in the VERITAS File System and VERITAS Volume Manager. This
interface was designed by Oracle to increase the efficiency and reliability
of access to database files.

· Expand development collaboration to allow both companies' customers to
utilise remote mirroring for database disaster recovery, improve the
manageability of clustered configurations and create more robust
incremental backup solutions.

· Collaboratively market and sell these mutually developed solutions
with an expanded sales and marketing relationship and go-to-market sales
strategy.

VERITAS Software and Oracle are already delivering the first result of this
expanded relationship as the companies align their go-to-market sales
strength to target the dynamic needs of the "dot.com" internet market.
Additional results of this broadened relationship are expected to be
announced early next year.

The expanded relationship between VERITAS Software and Oracle is expected
to be a central focus as both Bloom and Leslie deliver keynote addresses
later today to attendees of VERITAS Software's annual user conference,
VERICON ?99, being held this week in Anaheim, California.

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