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03.01.2005 14:01:00

Symantec to Webcast Investor Meetings on VERITAS Software Merger

Symantec to Webcast Investor Meetings on VERITAS Software Merger


    Business Editors/High-Tech Writers

    CUPERTINO, Calif. & MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Jan. 3, 2005--Symantec Corp. (Nasdaq:SYMC) and VERITAS Software Corp. (Nasdaq:VRTS) will webcast the proceedings of a series of meetings for the investment community regarding the proposed merger with VERITAS Software.
    All interested parties are invited to listen to Symantec's chairman and chief executive officer, John W. Thompson, and Gary L. Bloom, VERITAS chairman, president and chief executive officer, discuss the transaction during the following webcasts:

-- Wednesday, Jan. 5, 2005, at 10 a.m. ET/7 a.m. PT

-- Friday, Jan. 7, 2005, at 7:30 a.m. ET/4:30 a.m. PT

    Investors will have the opportunity to listen to the meetings and replay the proceedings over the Internet through Symantec's Investor Relations Web site at www.symantec.com/invest. To listen to the live discussions, please go to the Web site at least 15 minutes early to register, download, and install any necessary audio software. For those who cannot listen to the live broadcast, a replay will be available on this site shortly after the call.

    About VERITAS Software

    VERITAS Software, one of the 10 largest software companies in the world, is a leading provider of software to enable utility computing. In a utility computing model, IT resources are aligned with business needs and business applications are delivered with optimal performance and availability on top of shared computing infrastructure, minimizing hardware and labor costs. With 2003 revenues of $1.75 billion, VERITAS delivers products and services for data protection, storage and server management, high availability and application performance management that are used by 99 percent of the Fortune 500. More information about VERITAS Software can be found at www.VERITAS.com.

    About Symantec

    Symantec is the global leader in information security providing a broad range of software, appliances and services designed to help individuals, small and mid-sized businesses, and large enterprises secure and manage their IT infrastructure. Symantec's Norton brand of products is the worldwide leader in consumer security and problem-solving solutions. Headquartered in Cupertino, Calif., Symantec has operations in more than 35 countries. More information is available at http://www.symantec.com.

    NOTE TO EDITORS: If you would like additional information on Symantec Corporation and its products, please view the Symantec Press Center at http://www.symantec.com/PressCenter/ on Symantec's Web site. All prices noted are in US dollars and are valid only in the United States.

    Symantec and the Symantec logo are trademarks or registered trademarks, in the United States and certain other countries, of Symantec Corporation. Additional company and product names may be trademarks or registered trademarks of the individual companies and are respectfully acknowledged.

    Additional Information and Where to Find It

    Symantec Corporation and VERITAS Software Corporation intend to file a registration statement on Form S-4 containing a joint proxy statement/prospectus in connection with the merger transaction involving Symantec and VERITAS. Investors and security holders are urged to read this filing when it becomes available because it will contain important information about the merger transaction. Investors and security holders may obtain free copies of these documents (when they are available) and other documents filed with the SEC at the SEC's web site at www.sec.gov. In addition, investors and security holders may obtain free copies of the documents filed with the SEC by Symantec by contacting Symantec Investor Relations at 408-517-8239. Investors and security holders may obtain free copies of the documents filed with the SEC by VERITAS by contacting VERITAS Investor Relations at 650-527-4523.
    Symantec, VERITAS and their directors and executive officers may be deemed to be participants in the solicitation of proxies from the stockholders of Symantec and VERITAS in connection with the merger transaction. Information regarding the special interests of these directors and executive officers in the merger transaction will be included in the joint proxy statement/prospectus of Symantec and VERITAS described above. Additional information regarding the directors and executive officers of Symantec is also included in Symantec's proxy statement for its 2004 Annual Meeting of Stockholders, which was filed with the SEC on July 30, 2004. Additional information regarding the directors and executive officers of VERITAS is also included in VERITAS' proxy statement for its 2004 Annual Meeting of Stockholders, which was filed with the SEC on July 21, 2004. These documents are available free of charge at the SEC's web site at www.sec.gov and from Investor Relations at Symantec and VERITAS as described above.

--30--JR/sf*

CONTACT: Symantec Genevieve Haldeman, 408-517-7642 (Media) glhaldeman@symantec.com Helyn Corcos, 408-517-8324 (Investor) hcorcos@symantec.com or VERITAS Software Marlena Fernandez, 650-527-3778 (Media) Marlena.Fernandez@veritas.com Renee Budig, 650-527-4047 (Investor) Renee.budig@veritas.com

KEYWORD: CALIFORNIA INDUSTRY KEYWORD: HARDWARE COMPUTERS/ELECTRONICS SOFTWARE MERGERS/ACQ CONFERENCE CALLS SOURCE: Symantec Corp.

Copyright Business Wire 2005

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