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vVAULT AND HANDANGO LAUNCH WIRELESS FILE MANAGEMENT SERVICE FOR BUSINESS PROFESSIONALS

San Francisco, CA (October 19, 2000) - vVault (www.vVault.com), the mobile file access platform provider, and Handango (www.handango.com), the complete source for handheld and wireless computing, today jointly announced a strategic alliance offering a wireless file management service specifically designed to meet the needs of mobile business professionals.

Today's professional has an increasing need to access business information while away from the office. Powered by vVault technology and offered by Handango, FileMinder™ enables users to securely store documents online; wirelessly access the documents; send email and faxes from wireless handhelds, WAP phones and RIM devices; and share files with individuals and groups.

vVault's FileMinder™ service is available through Handango's sales force and its Web site, which reaches more than one million unique visitors each month. To register for the service, visit www.handango.com/services. vVault provides file access solutions based on its Universal File Access Platform to leading destination sites and portals on a private-labeled basis.

"We chose vVault's technology because it provides the robust file management capabilities and wireless access that business professionals are seeking, while meeting the performance standards for scalability, reliability and security that we require," said Laura Rippy, chief executive officer of Handango.

"We are very pleased to bring FileMinder™ to Handango's mobile users," said Bill Ho, CEO of vVault. "We are proud to be among the best-of-breed technologies helping to drive Handango's continued success as a provider of handheld solutions for business professionals."