CAMINOSOFT RETAINS THE SEIDLER COMPANIES INCORPORATED AS ITS INVESTMENT BANKER

May 7, 2003 
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--May 7, 2003-- CaminoSoft Corp. CMSFa leading provider of Intelligent Capacity ManagementTM data storage and High Availability solutions, announced today that it has engaged Seidler Companies on an exclusive basis for investment banking services.  

Mr. Walter Kornbluh, Chairman of CaminoSoft, stated, “Our Company has come a long way in the past three years since we purchased our first software asset. Today we have an expanded product line that includes both Intelligent Capacity Management tools to deal with storage problems and High Availability Solutions to assist in disaster recovery. We have come to realize that success in this area depends on strategic partnerships and proper financing. We believe Seidler Companies Incorporated can offer us the investment banking expertise to expand our existing partnerships, create new ones and assist us with proper long term financing to grow our company in the future.” 

Mr. John Reed, Managing Director of Capital Markets for the Seidler Companies, stated, “We are excited about our relationship with CaminoSoft. We feel that our firm can assist CaminoSoft in executing its long term business plan and we look forward to working with the company to achieve success.”

About CaminoSoft Corp.

CaminoSoft Corporation is a creator of operating software solutions designed to store and manage the vast quantities of critical data created in a wide range of businesses and industries. The Company offers solutions that enable multi-tiered hierarchical storage management and high availability on computer server-based networks. CaminoSoft's Intelligent Capacity Management products provide increased efficiencies for an organization's data storage and network infrastructure and are available for Novell NetWare and Microsoft Windows 2000 operating systems. www.caminosoft.com.

About Seidler Companies Incorporated 

The Seidler Companies Incorporated is one of California’s leading independent investment banking and financial services firms.  The Firm provides a broad range of products and services in the areas of corporate finance, restructuring, public finance, institutional investment services and individual and family financial planning.  The Seidler Companies is 100% employee owned and is a member of the New York Stock Exchange and the NASDAQ.

Contact Information:
Richard Krueger
600 Hampshire Road, Suite 105
Westlake Village, CA 91361 
Phone:805/370-3100 ext. 242
Fax: 805/370-3200             

www.caminosoft.com