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<div class="left_inner_box_heading"><h1>Maxtor Launches Next Generation Onetouch Drive</h1></div>
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<p>MAXTOR LAUNCHES NEXT GENERATION ONETOUCH DRIVE WORLDWIDE</p>
<p>Backup and Restore Your Digital World with the Touch of a Button</p>
<p>MILPITAS, CA, AUGUST 26, 2003 -- Maxtor Corporation (NYSE: MXO), a<br />
worldwide leader in hard disk drives, today announced that the next<br />
evolution of its external storage hard drives branded Maxtor OneTouch are<br />
now available. Leveraging the successes of the preceding family (Personal<br />
Storage 5000 with the OneTouch feature), Maxtor=92s new line of external har=<br />
d<br />
drives incorporates the award winning OneTouch button, Dantz Retrospect=D2<br />
Express software and introduces a sleek new industrial design. Maxtor<br />
OneTouch is the first push button backup and restore hard drive based<br />
solution in the market today.</p>
<p>"Maxtor simplified external storage for the consumer with OneTouch," stated<br />
Dave Reinsel, research manager with IDC. "Consumers today need features<br />
like OneTouch backup, that are easy to use and seamless for storing and<br />
protecting their digital world."</p>
<p>Maxtor OneTouch drives make it easy to store and make backup copies of<br />
personal, business and family files, pictures, music, and digital video<br />
clips, with the sophistication and style demanded of today=92s consumer. Wit=<br />
h<br />
capacities ranging from 120GB to 300GB, Maxtor marries speed, storage,<br />
backup, and ease of use, in one streamlined package that outperforms any<br />
external offering on the market. Whether a home user, graphic artist or<br />
business professional -- storing, organizing, expanding or editing, the<br />
Maxtor OneTouch drive can store your most treasured experiences, capture<br />
your most precious moments, and keep them safe.</p>
<p>New Industrial Design<br />
Maxtor introduces a new look and feel to external storage with the next<br />
generation OneTouch. Featuring an anodized aluminum casing with illuminated<br />
OneTouch button, the drive can sit vertically or horizontally, with<br />
convenient plug and play capabilities.</p>
<p>New and Improved OneTouch Backup Button<br />
Besides making instant backup copies of files, and/or automated backup<br />
copies, the OneTouch button can be customized to auto-launch applications.<br />
In essence, you can easily transform your Maxtor OneTouch drive into a<br />
digital photo album, music jukebox or digital video player.</p>
<p>New User Features -- Including Desktop Disaster Recovery In combination<br />
with the integrated Dantz Retrospect Express software, the Maxtor OneTouch<br />
drive supports a complete system restore capability (operating system,<br />
drivers, applications, settings and user files) for PCs and Macs back to<br />
the original computer system that the backup copy was made from. So in the<br />
event of a catastrophic event, the OneTouch drive can run a system recovery<br />
to restore the computer=92s operating systems, programs and files. The Maxto=<br />
r<br />
OneTouch drive also features an on/off switch, and automatic power<br />
management or drive "spin down" option to conserve energy.</p>
<p>High Capacity Storage -- Up to 300GB<br />
Imagine -- with 300GB of storage you could store up to 300,000<br />
high-resolution digital photos, 75,000 4-minute MP3 tunes, or 462 games.*</p>
<p>Mac-Formatted Version<br />
As part of this new hard drive family, Maxtor is introducing a<br />
Mac-formatted version specifically designed to bring those operating on a<br />
Mac, an easy install experience coupled with the speed and performance Mac<br />
drivers crave. Powered by an Oxford 911 chip, the drive comes pre-formatted<br />
HFS+ and is ready for use right out of the box. The Mac formatted version<br />
of Maxtor OneTouch comes in exclusive packaging and will be stocked in the<br />
Apple sections of computer resellers and available through Mac direct<br />
marketers and catalogs.</p>
<p>"Performance, versatility, value and ease are of highest importance to the<br />
consumer," said Mike Williams, vice president of product marketing at<br />
Maxtor. "By integrating in one external solution, a backup button, powerful<br />
software technology, and a sleek design, Maxtor delivers what the market<br />
demands," commented Williams. "Users can maximize their experience and<br />
manage their digital life with simplicity, and have the assurance of<br />
knowing their data is backed up."</p>
<p>"Having the opportunity to work with Maxtor again on the next generation of<br />
the product was an exciting proposition for us," said Tony Barbagallo, vice<br />
president of worldwide marketing at Dantz Development Corporation. "The<br />
Maxtor OneTouch drive expands storage options for the consumer and business<br />
professional in a dynamic way - and we are glad to be a part of it."</p>
<p>The Maxtor OneTouch products are compatible with both Macs and PCs and come<br />
integrated with Dantz Retrospect Express software to easily customize data<br />
backup and restore options.</p>
<p>Availability and Pricing<br />
The Maxtor OneTouch family of products are shipping now and available<br />
through Maxtor=92s network of global retailers, as well as the company=92s<br />
on-line store, <a href="http://www.maxstore.com" title="www.maxstore.com">www.maxstore.com</a>. The suggested retail price for the<br />
120GB/7200RPM (USB 2.0) is $199.95, the 200GB/7200RPM (USB 2.0/FireWire<br />
combo) is $299.95, the 250GB/7200RPM (USB 2.0/FireWire combo) is $349.95,<br />
the 250GB/7200RPM Mac-formatted version is $349.95 and the 300GB/5400RPM<br />
(USB 2.0/FireWire combo) is $399.95.</p>
<p>About Maxtor Corporation<br />
Maxtor Corporation (<a href="http://www.maxtor.com" title="www.maxtor.com">www.maxtor.com</a>) is one of the world=92s leading supplier=<br />
s<br />
of information storage solutions. The company has an expansive line of<br />
storage products for desktop computers, storage systems, high-performance<br />
servers and consumer electronics. Maxtor has a reputation as a proven<br />
market leader built by consistently providing high-quality products and<br />
service and support for its customers. Maxtor and its products can be found<br />
at <a href="http://www.maxstore.com" title="www.maxstore.com">www.maxstore.com</a> or by calling toll-free (800) 2-MAXTOR. Maxtor is<br />
traded on the NYSE under the MXO symbol.</p>
<p>Note: Maxtor is a registered trademark, and Maxtor OneTouch is a trademark,<br />
of Maxtor Corporation. Dantz and Retrospect are registered trademarks of<br />
Dantz Development Corporation. Mac and FireWire are registered trademarks<br />
of Apple Computer. All other trademarks are property of their respective<br />
owners.</p>
<p>The Maxtor OneTouch feature includes patent pending technology.</p>
<p>* Storage estimates are based on the following assumptions: each game is<br />
650MB, each digital photo is a 1MB compressed file, each MP3 file is<br />
4-minutes long, and one hour of DV video is 13GB. A gigabyte (GB) means 1<br />
billion bytes. A megabyte (MB) means 1 million bytes. Total accessible<br />
capacity varies depending on operating environment. The Maxtor OneTouch<br />
serves as an element of an overall backup process and solution.</p>
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