Maxtor Corporation Press Release

New Maxtor OneTouch™ II, FireWire®800 Edition Provides High-Performance Storage with a Triple Interface and Award-Winning Backup Capabilities

London – June 14, 2005 – Maxtor Corporation (NYSE: MXO) today unveiled its new Maxtor OneTouch II drive with a FireWire 800 interface. Ideal for creative professionals, computer power users and digital content creators, the drive delivers up to 800Mbit per second data transfer rates to quickly transfer and store high-resolution graphics, digital audio/video, heavy multimedia files, photos and more. Mac® or PC users simply plug the Maxtor OneTouch II drive into any FireWire 800-enabled computer and are able to store their valuable data in seconds.

The new Maxtor OneTouch II, FireWire 800 Edition will be shipping this month to Apple Retail Stores and major EMEA distributors. Consumers can connect the drive to their system using its FireWire 800, FireWire 400 or USB 2.0 interface. With Maxtor OneTouch drives, users continue to have peace of mind knowing that their data is safely stored on the industry’s leading brand of external hard drives.

“We continue to build a leading reputation in the external storage and backup market by offering the most powerful yet simple external storage solutions available,” said Stacey Lund, vice president of marketing, Maxtor’s Branded Products Group. “The Maxtor OneTouch II, FireWire 800 Edition is a perfect addition to our family, as it supports our strong following of creative professionals who need reliable, high-performance storage.”

The new Maxtor OneTouch II drive features the highest performing FireWire external drive interface on the market today. FireWire 800 provides twice the bandwidth of FireWire 400 and is 66 times faster than USB 1.1. Coupling the interface with the Maxtor OneTouch II drive’s 300GB capacity and 16 MB buffer, users can transfer and store their digital content at blazing speeds. The drive also features stunning good looks and cool operation, so users can either stack multiple drives or position them upright to save desktop space.

With every Maxtor OneTouch II drive, consumers receive Maxtor’s award-winning backup package. This includes Maxtor DriveLock™ for added security and an exclusive version of EMC Dantz Retrospect® Express HD software for simple backup and restores. The drive also features a simple user-friendly interface for easy set up and navigation. Using the FireWire interface, the Maxtor OneTouch II drive is fully bootable on a Mac computer running OS X system software. No additional software or hardware is required.

Manufacturer’s suggested retail pricing is approximately £199.90 for the 200GB and approximately £249.90 for the 300GB. A 500GB version will be shipping later this year. Please visit www.maxtor.com more information.

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 and the Maxtor stylized logo design are registered trademarks, and Maxtor OneTouch and Maxtor DriveLock are trademarks of Maxtor Corporation. Apple, Mac, Macintosh and FireWire are registered trademarks of Apple Computer, Inc. EMC, Dantz and Retrospect are registered trademarks of EMC Corporation. All other trademarks are properties of their respective owners.

The Maxtor OneTouch drive 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.  The number of historical backup versions depends on the backup file size and total available capacity of the Maxtor OneTouch II drive.  The Mac bootability feature is available using Mac OS X with the FireWire interface only

For FireWire 800, computers must support 1394b or have a compatible 1394b controller card to receive the high speed 800MB per second data transfer rate.

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 backup solutions, integration of the company’s products with products produced by others, the company’s ability to execute future production ramps, sustain expansive and efficient channels of distribution, and utilize manufacturing assets efficiently, pricing, competition, and the significant uncertainty of market acceptance of new products and technologies.  These and other risk factors are contained in documents that the company files with the SEC, including the Form 10-K for fiscal 2004 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.