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Peer 1 Backs Up IBM

VANCOUVER -- PEER 1
Network Enterprises, Inc. (TSX VENTURE: PIX), a leading Internet
infrastructure provider, today announced that it has completed the
installation of the IBM Tivoli Storage Manager software, and is
offering its managed dedicated hosting (www.dedicatedhosting.com)
customers world-class enterprise data backup services.

The company's new Tivoli Data Backup solution is built on PEER 1's
SAN technology, and gives their customers storage management
efficiencies by reducing file recovery time and disk consumption. The
solution also allows PEER 1 to manage thousands of servers at one
time, regardless of their geographical location. This is especially
beneficial to the company, which supports over 16,000 servers in 15
data centers across North America.

"PEER 1 is the ideal candidate for IBM's Tivoli Storage Manager
software," said John Connor, IBM Market Manager for Tivoli Storage
Manager. "IBM is committed to working with its clients to deliver the
best possible innovative solutions to help address their individual
goals. As we continue to work with PEER 1 we look forward to helping
them satisfy their customers' storage management needs in the most
strategic ways possible."

"IBM is well-known for its high quality, enterprise-level products.
We selected Tivoli Storage Manager for our Backup Solution because it
is the best technology available for our customers, who value
security, disaster recovery and peace-of-mind," said Ted Smith, PEER
1's VP of Dedicated Hosting.

Peer 1 Network Inc.