DataMirror Corporation

DataMirror Corporation

March 30, 2005 10:03 ET

DataMirror Announces Substantial Issuer Bid Correction


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: DATAMIRROR CORPORATION

TSX SYMBOL: DMC
NASDAQ SYMBOL: DMCX

MARCH 30, 2005 - 10:03 ET

DataMirror Announces Substantial Issuer Bid Correction

TORONTO, ONTARIO--(CCNMatthews - March 30, 2005) - On March 28, 2005
DataMirror Corporation (TSX:DMC)(NASDAQ:DMCX) announced the final
results of its offer dated February 11, 2005 to purchase for
cancellation a total of 2,002,039 common shares for a price of $10.00
per share. The final proration factor that has been applied to common
shares properly deposited is 0.642368. In the press release dated March
28, 2005 an incorrect proration factor was referenced.

About DataMirror

DataMirror (NASDAQ:DMCX)(TSX:DMC), a leading provider of real-time data
integration, protection, audit and java database solutions, improves the
integrity and reliability of information across all of the systems that
create and store data. DataMirror's flexible and affordable integration
solutions allow customers to easily and continuously detect, translate,
and communicate all information changes throughout the enterprise.
DataMirror helps customers make better decisions by providing access to
the continuous, accurate information they need to take timely action and
move forward faster.

Over 2,000 companies have gained tangible business benefits from
DataMirror software, including Debenhams, FedEx Ground, First American
Bank, OshKosh B'Gosh, Priority Health, Tiffany & Co., and Union Pacific
Railroad. DataMirror is headquartered in Markham, Canada and has offices
around the globe. For more information, visit www.datamirror.com.

"Safe Harbour" Statement under the United States Private Securities
Litigation Reform Act of 1995:

Forward-looking statements in this press release, including statements
regarding DataMirror Corporation's business which are not historical
facts, are made pursuant to the "safe harbour" provisions of the United
States Private Securities Litigation Reform Act of 1995. Forward-looking
statements include statements of plans, objectives, strategies and
expectations. The words "anticipate", "believe", "estimate" and "expect"
and similar expressions are intended to identify forward-looking
statements. Numerous important factors affect DataMirror's operating
results and could cause DataMirror's actual results to differ materially
from the results indicated by this press release or by any
forward-looking statements made by, or on behalf of, DataMirror, and
there can be no assurance that future results will meet expectations,
estimates or projections. These factors include, but are not limited to,
the following: the difficulty of developing, marketing and selling new
products successfully; variability of quarterly operating results;
dependence upon the continued growth and success of DataMirror's
software products; competition; rapid technological change and new
product introductions; dependence upon continued growth in the database
and enterprise data integration markets; dependence upon relationships
with complementary vendors and distribution channels; the ability to
recruit and retain key personnel; risks of international operations,
including currency exchange rate fluctuations and global economic
conditions; possible software errors or defects; possible infringement
claims by third parties; and other factors discussed in the DataMirror's
Annual Information Form and other periodic filings with the United
States Securities and Exchange Commission and other regulatory
authorities. Should one or more of these risks or uncertainties
materialize, or should assumptions underlying the forward-looking
statements prove incorrect, actual results may vary materially from
those indicated in any forward-looking statements. DataMirror disclaims
and does not assume any obligation to update these forward-looking
statements.

Copyright 2005 DataMirror Corporation. All rights reserved. DataMirror
is a registered trademark of DataMirror Corporation. All other brand or
product names are trademarks or registered trademarks of their
respective companies.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    DataMirror Corporation
    Peter Cauley
    Chief Financial Officer
    905-415-0310 ext. 271
    pcauley@datamirror.com
    or
    DataMirror Corporation
    Tom Giantsopoulos
    Corporate Communications
    905-415-0310 ext. 153
    tgiantsopoulos@datamirror.com