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Press Release

Per Kristian Jacobsen new CEO at Tandberg Data

March 19, 2007

Category: Tandberg Data - AMERICA

Tandberg Data appoints new Chief Executive Officer as Einarsson has been presented to the nominating committee to join the Board

Tandberg Data, a leading global supplier of backup and archiving technologies, today announced the appointment of Per Kristian Jacobsen, former CEO of IT Fornebu AS, as new Chief Executive Officer for the company.

The Board of Directors in Tandberg Data has today appointed Per Kristian Jacobsen (49) as the new CEO of the company. He will join the company April 1, 2007. Mr. Jacobsen replaces Gudmundur Einarsson who has been leading TAD for the last seven years. Following the takeover and successful integration of Exabyte Einarsson has informed the board that he wants to resign. Einarsson will continue to serve the company throughout 2007, to secure continuity. Einarsson has also accepted a nomination to join the Board of Tandberg Data, which will allow the company to continue to benefit from his extensive experience and insight.

Per Kristian Jacobsen was until recently the CEO of IT Fornebu AS – a business he has been managing since it was established in 2000. Jacobsen has international business experience and he has extensive knowledge of businesses focused on technology and logistics.

Gudmundur is handing over a strengthened company positioned for further growth in the data storage business. "Following the takeover of Exabyte and the successful integration of this business I feel it is time for a new type of leader to take over," comments Einarsson. "Per Kristian is a strong leader and with his experience, will be a contribution to the company."

"I respect Gudmundur Einarssons decision. I am glad he will be at the company's disposal throughout 2007 to secure continuity. Gudmundur possesses valuable knowledge of the storage business in general and Tandberg Data in particular, and I will be pleased to have him as a member of the board. In accordance with this I have presented Einarsson for the nominating committee," says Chairman of the board, Terje Thon. "Per Kristian Jacobsen is a result oriented leader with international business experience. He is the right person to further the development of Tandberg Data."

For further information please contact:

Gudmundur Einarsson, CEO Tandberg Data
Tel.: +47 (0)90 61 22 14

Terje Thon, Chairman of the board Tandberg Data
Tel.: +47 (0)91 74 40 00

Per Kristian Jacobsen
Tel.: +47 (0)90 18 77 60

About Tandberg Data
Tandberg Data is a leading global supplier of backup and archiving technologies. Tandberg Data offers of a complete range of tape libraries, tape autoloaders and tape drives (based on the LTO, SLR™, VXA and DLTtape tape technology platforms), storage software, data media and disk-based storage such as the RDX QuikStor™. These solutions are marketed exclusively through a channel of qualified resellers and distributors.

These solutions are underpinned by OEM agreements with major server manufacturers including IBM, Hitachi, Fujitsu, Fujitsu-Siemens, Apple and Dell and supported by all major operating systems and storage software applications to operate in heterogeneous network environments. All solutions are designed to meet the growing storage requirements of small and medium-sized organisations with scalability, reliability and backward compatibility features that ensure cost effective operation and long-term investment protection.

In addition to corporate offices in Oslo, Norway, TANDBERG DATA ASA has subsidiaries in the USA, France, Germany, the United Kingdom, Japan and Singapore, as well as branch offices in Italy, India, and China (PRC) Thailand and Brazil. TANDBERG DATA ASA is a publicly held company based in Oslo, Norway and is traded on the Oslo Stock Exchange (ticker=TAD).

RDX QuikStor, BAKStor, and SLR are trademarks of Tandberg Data ASA. RDX is a registered trademark of ProStor Systems, Inc. DLT, DLTtape, DLT, SDLT and Super DLTtape are registered trademarks of Quantum Corporation. LTO is a trademark of HP, IBM and Seagate. All other trademarks are the property of their respective owners.

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