Nuvation Labs signs new Venture Engineering Client - SafeDisk

San Jose, Calif., March 1, 2000 — Nuvation Labs Corporation today announced the signing of a major contract to begin development on a new form of online storage. SafeDisk Corporation will provide a fully-encrypted and 100% secure online storage system.

Nuvation Labs will be developing the entire web system, including dynamic content and interface generation, database integration, and encryption management. This system will use the latest "best practices" for encryption, as well as the most current and accepted algorithms in industry. This system is being developed on the ATG Dynamo application server, utilizing Oracle for the database and Apache for the web server.

Director of eCommerce Stephen Kingsley-Jones said, "The signing of SafeDisk represents a significant win for our Venture Engineering business line. SafeDisk is an aggressive and advanced internet startup with a solid management team and a clear vision. We are looking forward to being their technology partner and Venture Engineers. On the technical side our developers are thrilled to be working, as always, with the most advanced and reliable Internet development technologies."

About Nuvation

Nuvation is a leading Electronics Design Services (EDS) firm that provides ASIC, FPGA, board, and firmware design services for the embedded systems industry. Nuvation's design experience spans industries such as Communications, Consumer Electronics, Medical, and Security/Defense. Founded in 1997 and based in San Jose, California, Nuvation's customers include a number of notable companies such as Altera, Lucent, HP, JDS Uniphase, Infineon, LeapFrog, SanDisk, Finisar, and Trimble Navigation. Nuvation is a wholly-owned subsidiary of IAR Systems (OMX:IAR). More information is available at www.nuvation.com

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Contacts:

Chris Hallahan
VP Sales & Marketing
Nuvation
408-228-5580 x122
chris.hallahan@nuvation.com