X0201 42003-08-25 0000855109 EXABYTE CORP /DE/ EXBT 0001072252 MERITAGE INVESTMENT PARTNERS LLC 1600 WYNKOOP STREET, SUITE 300 DENVER CO 80202 0010Common2003-08-254J011250000A33750000DMeritage Investment Partners, LLC acquired the shares reported on this Form 4 as consideration for a guarantee extended by Meritage Private Equity Fund, L.P. for the benefit of Exabyte Corporation. Such shares are held by the Reporting Person for the benefit of Meritage Private Equity Fund, L.P., Meritage Private Equity Parallel Fund, L.P. and Meritage Entrepreneurs Fund, L.P. (collectively, the "Meritage Funds"). The Reporting Person is the sole general partner of each of the Meritage Funds./s/ Laura Beller, Managing Member2003-08-27