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CBL Data Recovery Press Release

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2001 Proving To Be Growth Year In Data Restoration Services For CBL Data Recovery

TORONTO, ONTARIO-- CBL Data Recovery Technologies Inc. of Toronto, a leading provider of emergency computer data recovery services, has announced it is ahead of its 2001 expansion schedule for the first six months.

"Since the beginning of the year, we are seeing strong evidence that demand for our specialized data recovery business is on a strong growth curve in Canada, the United States and in other worldwide markets," says CBL's president Bill Margeson. "We understand that as computer systems multiply and become more complex around the world, the likelihood of losing critical data and the need to use our recovery services in the same time zone increases. That is why we are taking an aggressive growth model this year."

CBL business highlights for the first six months of 2001 include:

* Opening of its Asia-Pacific Rim data recovery laboratory in Singapore - CBL Data Recovery Technologies Pte Ltd.;

* CBL being honored as the 89th Fastest-Growing Company in Canada on the prestigious PROFIT 100 magazine list;

* Partnering with US-based PromiseMark to provide data recovery services for Canadians as part of PromiseMark's PromiseGuard Data Recovery and Virus Protection program;

* CBL moving its United Kingdom data recovery/virus alert lab to a new state-of-the-art facility north of London;

* Joining Prime Minister Jean Chretien on the Team Canada trade mission to Beijing, Shanghai and Hong Kong last February.

"In an increasingly volatile market, companies that want to stay competitive can't afford to have their systems down for even a short period of time," adds Margeson. "In the months ahead, we will be announcing additional expansion initiatives as we move into other growth markets to service customers who are often in panic mode when data disaster loss occurs."

A recent report by Gartner Group Inc. says companies will need to reduce the time it takes to recover critical processes and application systems to 24 hours by 2003. Non-critical systems will need to be back up in four days.

CBL has established offices and labs in Brazil and the United States with representatives in Australia, Holland, New Zealand, Spain and Taiwan.

About CBL Data Recovery Technologies Inc.

CBL Data Recovery Technologies Inc. (http://www.cbltech.com) is a leading international provider of computer data recovery services for clients experiencing data loss. Founded in 1993, CBL offers data recovery services worldwide through its network of labs, offices and authorized partners. CBL's offices and laboratories are located in 10 countries on six continents including Brisbane, Australia; San Diego, California and Armonk, NY, USA; Toronto, Canada; Newcastle, United Kingdom; Kaiserslautern, Germany; Beijing, China; Barbados, West Indies; Ponta Grossa, Brazil; Tokyo, Japan; and Singapore.

SOURCE CBL Data Recovery Technologies Inc.

Contact:
Gary Hilson
Sacke & Associates
garyh@sackepr.com
416.493.5723


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