Maxtor Corporation (NYSE: MXO), the leader in consumer storage and backup solutions, today announced that it will be shipping its Maxtor Shared Storage Plus solution with Mac OS X version 10.4 “Tiger” support in February 2006. With the same simplicity and ease of use found in all Maxtor external and network storage solutions, the enhanced Maxtor Shared Storage Plus solution makes it easier than ever for Mac OS X users to connect, store, share, stream, print, and automatically back up computer files, digital photos, music and videos to one central location on a home or small office network.

“After years of helping the Mac community store and protect data, our simple, elegant and automatic backup experience is now available for Mac users across our entire family of Maxtor OneTouch and Maxtor Shared Storage external storage and backup solutions,” said Stacey Lund, vice president of marketing, Maxtor Branded Products Group. “With the new Maxtor Shared Storage Plus, Mac OS X users can rest assured they now have the ability to easily centralise and automatically back up all data on their home or small office network.”

“We’re thrilled that the popularity of Mac OS X opens doors for developers to create innovative solutions across a broad range of markets,” said Ron Okamoto, Apple’s vice president of Worldwide Developer Relations. “As the use of digital media grows rapidly there’s strong demand for a centralised place to securely store, back up and share content so we are delighted to see Maxtor make it easier for Mac users to protect their digital media files.”

As home network adoption continues to grow—approximately 61.9 million home networks will be deployed worldwide by the end of 2006 (IDC 2005)—the need for a simple and easy-to-install centralised storage solution becomes paramount. For instance, many first-time home network buyers are interested in sharing entertainment content between different devices, including using both Macs and PCs on a shared network. With the new Maxtor Shared Storage Plus solution, a family could simultaneously listen to a music collection via a networked sound system upstairs, play movies on a networked theatre system in the living room and view a slide show of recent vacation photos on a laptop in the kitchen. Because the Maxtor Shared Storage Plus solution is based on industry-standard DNLA and UPnP AV guidelines, consumers can easily share their digital content with a broad array of consumer electronics devices on the market.

Key features and benefits of the new Maxtor Shared Storage Plus solution include:

Supports Bonjour for automatic network configuration, providing quick and easy installation for Mac users.
Up to 20 users can simultaneously access and protect their files using multiple Macs or PCs on a shared network.

A quick-start CD automatically gives Mac or PC users a desktop icon for easy access to a shared public folder and a set of personal, password-protected private network folders.
The solution includes two USB ports to connect and share two USB printers or two additional external storage drives or one of each.

Industry-compliant media serving capabilities allow users to stream content on compatible UPnP AV digital media adapters for viewing content on televisions or listening to music on stereo systems.

Users can set privacy levels for shared folders with an intuitive browser interface.

To organise digital files, Maxtor's exclusive Drag and Sort feature automatically identifies and sorts more than 100 different file types and puts them in specific music, photo, movie, Web, software or documents folders.

The solution’s SimpleView feature acts like a built-in IT administrator, providing detailed backup and storage status at a glance to all users on the network.

Integrated and easy-to-use software allows users to automatically back up hours of creative work stored on networked Mac or Windows computers, such as digital video and audio files as well as vital home or business documents.

Pricing and Availability

The enhanced Maxtor Shared Storage Plus network storage solutions will be available worldwide in February at major retailers and distributors. Please visit http://www.maxtor.com for local distribution channels and retail outlets. The manufacturer suggested retail price is £209.90 for the 200GB drive, £279.90 for the 300GB drive, and £349.90 for the 500GB drive.

About Maxtor

Maxtor Corporation (http://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 http://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 Shared Storage, SimpleView, Drag and Sort, and Maxtor OneTouch are trademarks of Maxtor Corporation. All other trademarks are properties of their respective owners.

The Maxtor OneTouch and the Maxtor Shared Storage solution are elements 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 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.