Maxtor Introduces Sleek, Trusted Storage To Go

With Mobility on the Rise, the New Maxtor OneTouch(TM) III Mini Edition Delivers Safe and Easy Award-Winning Backup and Content Management in a Small, Stylish Package

MILPITAS, Calif., April 17, 2006 - To meet fast-growing market demand for portable storage, Maxtor Corporation (NYSE: MXO) today announced it is shipping the new Maxtor OneTouch III Mini Edition drive, the company’s first small form factor external storage solution. Designed with the mobile professional in mind, the slim, elegant and portable solution is the latest addition to the award-winning Maxtor OneTouch product family. Weighing in at approximately seven ounces, it is the first mobile storage solution in the industry that comes fully loaded with the latest software innovations to protect and manage digital content, including automated backup, data encryption, data synchronization and system rollback to restore applications and operating system while keeping digital files current.

“There’s been mounting interest from our global network of retailers and distributors to provide a strong portable offering,” said Mike Williams, vice president and general manager, Maxtor Branded Products Group. “Our latest innovation lets people easily take their digital content with them so they can access it whenever and wherever they need it. It also makes it easy for people to back up and synchronize business data and files, or to share and enjoy photos, music and video while away from home or office. It safely and simply unleashes digital content from the desktop.”

An increasing number of executives, small business owners, students and creative professionals are going mobile. A recent IDC research study* predicts that the global mobile worker population will grow by more than 200 million users between 2004 and 2009. According to IDC’s analysis, there will be more than 850 million mobile workers during 2009, representing more than one-quarter of the global workforce. The United States, the country with the most mobile-enabled workers in 2004, is expected to reach over 70 percent penetration by the end of the forecast period.

“With the fast rise of mobile computing, our retailers are eager to supply the market with sleek and trusted storage for people on the go,” added Williams. “The Maxtor OneTouch III Mini Edition provides a high level of security for mobile users, along with some innovative software features that make it easier to manage and protect files.”

To make it simple to share and update data and files between home and office, the Maxtor OneTouch III Mini Edition includes Maxtor Sync(TM), a software feature that automatically synchronizes files between two or more computer systems on the same operating platform. Another innovation now standard across Maxtor’s third-generation external storage family is a system rollback feature that reverts a PC’s applications and operating system to a healthier point in time, while preserving current data. The feature helps combat spyware or adware that can slow a system to a crawl, or even bring it to a halt. Like all Maxtor OneTouch storage and backup solutions, the smallest member of the family includes automated backup software to ensure valuable files and content are backed up on a set schedule or with the touch of a button, a pioneering feature that Maxtor introduced to the marketplace in 2002.

The sleek, portable system, finished in titanium metallic paint, is equipped with black rubber side panels molded to fit above the housing on all sides, providing non-skid “feet” as well as added vibration protection. Because of its rugged industrial design and compact size, the system can be stowed and transported easily in a purse, backpack or briefcase.

For added data security, which is a particular concern for on-the-go business users, the Maxtor OneTouch III Mini Edition drive includes two levels of security: software encryption to safeguard its contents if the drive is ever lost or stolen, and Maxtor DriveLock(R), embedded firmware that further restricts data access should it fall into the wrong hands. The firmware is designed to deny access without the correct password even if the internal hard drive is removed from the casing and attached to another computer.

The Maxtor OneTouch III Mini Edition comes in a 60GB or 100GB capacity and easily connects to a Microsoft Windows 2000 or XP computer via a USB 2.0 or USB 1.1 port. Currently available at major U.S. retailers, distributors and online stores, as well as at www.maxstore.com, the manufacturer’s suggested retail price (MSRP) for the 60GB is $149.95 and $199.95 for the 100GB. Worldwide availability varies by region. Please visit www.maxtor.com for local distribution channels and retail outlets.

*The IDC study, Worldwide Worker Population Forecast and Analysis 2005-2009 (IDC #34124), was published in October 2005. For more information, please contact: Stephen Drake, Program Director for IDC’s Mobile Software Service, sdrake@idc.com.

About Maxtor

Maxtor Corporation (www.maxtor.com) is one of the world’s leading suppliers of hard disk drives and consumer storage solutions. The company has an expansive line of storage products for desktop computers, storage systems, high-performance Intel-based servers, and consumer electronics. Maxtor has a reputation as a proven market leader, built by consistently providing high-quality products, services and support for its customers. Maxtor and its products can be found at www.maxtor.com or by calling toll-free (800) 2-MAXTOR. Maxtor is traded on the New York Stock Exchange under the symbol MXO.

Note: Maxtor , Maxtor DriveLock and the Maxtor stylized logo are registered trademarks, and Maxtor OneTouch and Sync are trademarks of Maxtor Corporation. All other trademarks are properties of their respective owners.

The Maxtor OneTouch is an element of a user’s overall backup solution and protection plan. For purposes of measuring disk drive storage capacity, one gigabyte (GB) represents one billion bytes.

This announcement relating to Maxtor may contain forward-looking statements concerning future technology, products incorporating that technology, and Maxtor’s execution. These statements are based on current expectations and are subject to risks and uncertainties which could materially affect the company’s results, including, but not limited to, market demand for hard disk drives and network storage, integration of the company’s products with products produced by others, the company’s ability to execute future production ramps and utilize manufacturing assets efficiently, pricing, competition, and the significant uncertainty of market acceptance of new products and technologies, and the growth and implementation of home networking. These and other risk factors are contained in documents that the company files with the SEC, including the Form 10K for fiscal 2005 and its recent 10-Qs. Maxtor is under no obligation to, and expressly disclaims any responsibility to update or alter,
its forward-looking statements, whether as a result of new information, future events or otherwise.

Contact Information

Erin Hartin

Maxtor Public Relations

Maxtor Corporation

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