Just as your pulse is checked during a routine physical, free cash flow is used as an indicator of a company's health. It equals the cash brought in from operations minus the money needed to pay the bills. Think about leftover money in your checking account after you pay this month's bills.

Investors and analysts see this leftover money as a gauge of a company's ability to perform. It is available for transactions such as handing out dividends and working on new products.

Some argue free cash flow is wrongly overshadowed by the emphasis often placed on earnings. Earnings numbers can be manipulated and don't always tell the whole story -- and earnings don't mean much if there's nothing left over after a company pays its expenses. Even if you bring in a six-figure salary, but no money left after paying the bills, are you in great financial shape?

You don't have to be Einstein to figure out free cash flow. To calculate the number, subtract the company's expenditures and dividends from its operating cash flow.

If the free cash flow is written in red ink, it doesn't necessarily signal curtains. This is common for young companies looking to grow. It also could be a result of heavy investments, which in the long run could be worth a standing ovation.

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Friday, July 11, 2008

Double-Take Software to Announce Second Quarter 2008 Financial Results on Tuesday, July 29, 2008

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Comtex

SOUTHBOROUGH, Mass., Jul 11, 2008 (BUSINESS WIRE) ----Double-Take Software (NASDAQ: DBTK) will report financial results for the second quarter ended June 30, 2008 following the market close on Tuesday, July 29, 2008 and will host a conference call to discuss these results at 4:30 p.m. EDT. The public is invited to listen to a live web cast of the conference call on the Investor Relations section of the Company's website at www.doubletake.com.

A replay of the web cast will be available on the Investor Relations section of the Company's website at www.doubletake.com approximately two hours after the conclusion of the call and will remain available for 90 calendar days. An audio replay of the conference call will also be available approximately two hours after the conclusion of the call. The audio replay will be available until Friday, August 1, 2008 at 11:59 p.m. EDT and can be accessed by dialing 888-266-2081 (U.S. and Canada) or 703-925-2533 (international) and entering replay pass code number 1255729.

About Double-Take(R) Software

Headquartered in Southborough, Massachusetts, Double-Take(R) Software (Nasdaq: DBTK) is a leading provider of affordable software for recoverability, including continuous data replication, application availability and system state protection. Double-Take Software products and services enable customers to protect and recover business-critical data and applications such as Microsoft Exchange, SQL, and SharePoint in both physical and virtual environments. With its unparalleled partner programs, technical support, and professional services, Double-Take Software is the solution of choice for more than ten thousand customers worldwide, from SMEs to the Fortune 500. Information about Double-Take Software's products and services can be found at www.doubletake.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:

This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases that say Double-Take or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements in this release that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All forward-looking statements are inherently speculative, and are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated in forward-looking statements. These risks and uncertainties include those set forth from time to time in our filings with the Securities and Exchange Commission. We are under no obligation, and do not undertake any duty, to update these forward looking statements at any time.

(C) Double-Take Software. All rights reserved. Double-Take, GeoCluster and Double-Take for Virtual Systems are registered trademarks of Double-Take Software, Inc. Balance and Double-Take ShadowCaster are trademarks of Double-Take Software, Inc. Microsoft, Windows, and the Windows logo are trademarks or registered trademarks of Microsoft Corporation in the United States and/or other countries. All other trademarks are the property of their respective companies.

SOURCE: Double-Take Software

Double-Take Software S. Craig Huke, 317-572-1857 Chief Financial Officer investor@doubletake.com
   or Sapphire Investor Relations, LLC Erica Mannion, 212-766-1800, Ext. 203 Investor Relations investor@doubletake.com

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