[LWN Logo]
Date: Wed, 14 Jun 2000 10:49:01 -0400
From: "Amy Peterson" <apeterson@sterlinghager.com>
To: <Lwn@lwn.net>
Subject: Mission Critical Linux Receives $20 Million in VC Funding


-- General Atlantic Partners Leads First Round of Venture Capital Funding--

Lowell, Massachusetts - June 14, 2000 - Mission Critical Linux Inc., the
cutting-edge Linux services company, announced today that it has received
$20 million in first-round venture capital financing from General Atlantic
Partners, LLC, a leading global investor in Internet, Internet-enabled and
information technology businesses.  The investment enables Mission Critical
Linux to continue its expansion on a global scale and to further deliver
its groundbreaking enterprise-class Linux technology and services to the
growing corporate Linux market.  The Company has also announced that Peter
Bloom, a Partner with General Atlantic Partners, would be joining Mission
Critical Linux's Board of Directors.

Shortly after its inception in August 1999, Mission Critical Linux released
its Core Dump and Crash Analyzer to the Linux community.  Later that fall,
Mission Critical Linux announced its revolutionary Secure Service
TechnologyTM (SST) offering, which enables Web-based monitoring of
mission-critical systems, anytime, anywhere.  This exciting new technology
even allows IT managers to securely monitor their systems away from the
desktop, using Palm VII handheld devices.  The Company has also announced
plans to release a high-availability clustering solution for Linux
enterprise systems later this quarter.  In addition to these breakthrough
solutions, Mission Critical Linux will continue to focus on offering
various levels of high-quality support for enterprise Linux systems
throughout their lifecycle. The recent openings of offices on the West
Coast and in Eastern Europe will help the Company further its position in
the global marketplace.

"The backing by General Atlantic Partners, a globally influential investor,
will greatly enhance our efforts to market our unique technology and
services on an international scale," said Moiz Kohari, CEO and President of
Mission Critical Linux. "With the addition of General Atlantic's expertise
and presence in local markets around the world, our company is now ready
for the next step - to rapidly increase the visibility and value
recognition of our core competencies in the burgeoning worldwide Linux

"Mission Critical Linux represents a unique investment opportunity," said
Peter Bloom, Partner of General Atlantic. "Their sophisticated enterprise
solutions rival those of established global corporations. Mission Critical
Linux's combination of robust engineering innovation and conservative
business model is unparalleled in the Linux marketplace, and made them a
clear choice as an investment partner," he concluded.

About Mission Critical Linux, Inc.

Mission Critical Linux is a professional services and SI organization
providing Linux infrastructure and support solutions to emerging, mid-sized
and Fortune 1000 companies and eBusiness ventures.  The Company's portfolio
includes leadership high availability cluster solutions, unique Web-enabled
diagnostic and system management solutions and deep engineering expertise,
across all major Linux distributions and heterogeneous software and
hardware platforms.  Headquartered in Lowell, Mass., Mission Critical Linux
has offices around the world and can be reached at
www.missioncriticallinux.com or at (877) 53LINUX or (978) 446-9166.

About General Atlantic Partners

General Atlantic Partners, LLC focuses exclusively on investing in
information technology, Internet and Internet-enabled businesses globally
and at all stages of development. The firm has more than $10 billion in
capital under management and $4 billion of capital available for
investment. General Atlantic has invested in over 80 companies, including
E*Trade Group, Priceline.com, Proxicom, Belle Systems and LHS Group. The
firm is unique in its global perspective on information technology, its
worldwide presence, its long-term approach to investments, and its
commitment to provide sustained strategic assistance aimed at creating
maximum value for its portfolio companies. General Atlantic
(www.gapartners.com) has offices in Greenwich, New York, Reston, London,
Singapore, Tokyo, Hong Kong and São Paulo.

Amy Peterson
Account Coordinator
Sterling Hager, Inc.
Phone: 617/926-6665 x362
Fax: 617/926-6325
e-mail: apeterson@sterlinghager.com