FOR IMMEDIATE RELEASE

Verbatim Confirms Continued Availability of 30GB, 50GB ADR Tape Cartridges

CHARLOTTE, NC (March 22, 2001) Verbatim Corporation provided
customers of OnStream Inc.’s Advanced Digital Recording Technology
(ADR) drives with assurance today that Verbatim-branded ADR tape
cartridges continue to be available from Verbatim and its resellers.
Verbatim made the announcement in response to OnStream’s statement
last week that it has ceased operations for all of its business units.

Verbatim assisted OnStream in developing the technnology for ADR
media in 1998, and has been filling the growing need for ADR 30 and
50GB cartridges since the drives were first introduced. The high
capacity and low storage cost, combined with the performance and
reliability features Verbatim designed into the media, have made it
ideal for network server, workstation, power desktop, and desktop
backup, as well as multimedia removable storage applications.

Verbatim 30GB and 50GB ADR cartridges are available through
authorized resellers and from Verbatim’s Web site for street prices
of about $39.95 and $49.95. An ISO-certified company, Verbatim backs
the new ADR media with a lifetime warranty.

Verbatim also offers a complete range of media conversion options for
all data types and all types of removable media, including all tape
formats, rewriteable and write-once optical, CDs/DVDs, flexible
magnetic disks. For more information. on the Verbatim Media/Data
Conversion Services, visit www.verbatim.com/services and select “Data
Conversion.”
more
Headquartered in Charlotte, NC, Verbatim Corporation is a world
leader in the development, manufacture and marketing of a
comprehensive line of computer data storage and imaging products.
Verbatim is a wholly owned subsidiary of Mitsubishi Chemical
Corporation (MCC). MCC, a $15 billion global company. For more
information, contact Verbatim at 1200 W.T. Harris Boulevard,
Charlotte, NC 28262, (704) 547-6500 or (800) 421-4188, FAX (704)
547-6609; or visit the company’s web site at www.verbatim.com.

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Verbatim is a registered trademarks of Verbatim Corporation. Other
company and product names contained herein are trademarks of their
respective companies. Specifications subject to change without
notice.

*All capacities are based on a 2:1 compression ratio.

Agency Contact: Andy Marken Client Contact: Mark Rogers
andy @markencom.com
mark_rogers@verbatim.com
(408) 986-0100 (704) 547-6500