You can browse and restore backed-up Exchange databases.
Browsing and Restoring Exchange Databases Based on Backup Time
You can browse the backed-up Exchange databases either from the most recent backup or from a previous point in time:
You can restore from the most recent backups to keep your content on a secondary storage, such as tape, for long-term storage. However, you must identify the corresponding media, and make sure that it is available for the recovery operation.
You can restore the data to a point in time before the content became unusable.
You can restore the data for a date range if your content for that range was deleted accidentally.
The destination where you restore data is determined by your restore objective. Generally, you perform an in-place restore operation or an out-of-place restore operation.
In-Place Restore Operations
When you restore a database in place, you restore it to the same path on the same client from which the database was backed up.
Out-of-Place Restore Operations
When you restore a database out of place, you restore it to a different location on the same destination server or on a different destination server within the same Exchange organization. You can also restore a database out of place to a different disk location.