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Software provider CommVault prices 11mm shares at $14.50

September 21, 2006

CommVault, a leading provider of data management software applications under the QiNetix brand name, priced its offering of roughly 11.1 million shares at $14.50, the high end of its proposed $12.50-$14.50 range. Credit Suisse and Goldman Sachs acted as joint book-running managers for the IPO. Expect the stock to begin trading on the NASDAQ under the ticker symbol "CVLT" on Friday.