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Technology Stocks
Maxtor Corporation (MXO)
An SI Board Since January 2002
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Emcee:  tech101 Type:  Unmoderated
Maxtor Ships Industry's Highest Capacity 1U Storage Server

MILPITAS, Calif., Jan. 9

/PRNewswire-FirstCall/ -- Maxtor Corporation (NYSE: MXO - news), a worldwide leader in hard disk drives and data storage solutions, today announced the availability of the industry's highest capacity workgroup-class storage server, the 640 GB MaxAttach(TM) NAS 4300. It is also available in a 480 GB configuration.

The new Windows Powered®, 1U-high systems, are designed for small to medium size businesses and enterprise workgroup/department environments. These rack-mountable systems fulfill storage needs for cross-platform file sharing, high-speed data backup* and restoration, email archiving and server consolidation.

The new MaxAttach models are enhancements to the original NAS 4300 that began shipping in July 2001. It features up to 60 percent more storage capacity than the previous generation's 400 GB capacity. In addition, these new storage servers have evaluation copies of MaxAttach EMS(TM) and MaxAttach SVS(TM) email archiving and storage virtualization software pre-loaded.

``Delivering on our continued goal of technology leadership for network attached storage solutions, we've enhanced the MaxAttach NAS 4300 to support a variety of applications within a wide range of operating environments,'' said Eric Kelly, president of Maxtor's Network Systems Group. ``As a result, administrators can leverage the standard features of the new NAS 4300 models to configure their storage for simpler information management, whether it's email, file sharing, or more efficient access to archived data.''

In addition to enhancing system availability, the NAS 4300 also enhances data availability with Persistent Storage Manager software that allows administrators to periodically record a ``snapshot'' of the storage server's entire disk volume. If a file is inadvertently erased, the stored image or single file can be accessed for instant recovery.

Other key features of the MaxAttach NAS 4300 include:
Fast Processor -- Pentium III 866MHz processor
Powerful Memory -- 384 MB SDRAM
High Availability and Data Protection -- including Persistent Storage
Manager snapshot utility, and RAID levels 0, 1, and 5 data protection

Broad Connectivity -- Standard network interfaces include dual 10/100 Ethernet and Gigabit Ethernet, and a SCSI port for local tape backup.
Cross-Platform File Sharing -- Support for Windows®, UNIX/Linux, Macintosh and NetWare clients.
Industry-Leading Technical Support -- 24 x 7 telephone technical support is included with all MaxAttach storage servers.
Network Attached Solutions

To deliver a complete out-of-the-box solution, Maxtor's MaxAttach EMS and MaxAttach SVS software, developed collaboratively with OTG Software, are available for the MaxAttach NAS 4300 to manage explosive email and data growth. MaxAttach EMS software helps manage the growth of email volume by automatically offloading email data from Microsoft® Exchange® and Lotus Domino email servers to the MaxAttach NAS 4300 storage servers, providing end users with more storage capacity to save messages and attachments. MaxAttach SVS software eases IT management overhead by consolidating server storage into a single, virtual storage pool.

When combined with data backup software from Legato and VERITAS, the MaxAttach NAS 4300 provides a cost-effective disk-to-disk backup solution as part of an overall backup strategy. This solution establishes Maxtor's storage servers as an attractive complement to a traditional tape backup system, at roughly the same cost per gigabyte.

Maxtor's MaxAttach NAS storage servers are also compatible with network management tools from leading vendors such as Computer Associates, Hewlett-Packard, and Tivoli Systems.

Availability, Pricing and Service

Maxtor's MaxAttach NAS 4300 480 GB and 640 GB models are priced at $4,499 and $5,499 MSRP and are now available worldwide.

Pricing for MaxAttach EMS software is $4,999. MaxAttach SVS software pricing starts at $1,149. Maxtor is offering a 30-day free trial for both software products, after which a license can be purchased from Maxtor-authorized resellers.

The MaxAttach EMS and MaxAttach SVS software is pre-loaded on the new NAS 4300 models. The software can also be downloaded to currently installed MaxAttach storage servers, accessible at www.maxattach.com.

Maxtor offers a comprehensive range of service and support for the NAS 4300, including on-site field service within the United States and lifetime 24 x 7 telephone technical support. Premium field service upgrades available for the MaxAttach NAS 4300 include four-hour response time, extended service contracts and installation service.

About MaxAttach NAS Storage Servers

The MaxAttach family includes the NAS 4100, NAS 4300 and NAS 6000 storage servers. With pre-loaded software and hardware configurations, they install in minutes with no network downtime and provide centralized management through a familiar, easy-to-use graphical user interface (GUI). Key features include network status reporting, automatic email alerts and RAID 0, 1, and 5 data redundancy for data protection. Multiple Ethernet ports, Gigabit Ethernet, a journaling file system and integrated UPS support ensure high performance, system availability and fault tolerance. A SCSI port and preinstalled software enable local backup to tape.

About Maxtor's Network Systems Group

Maxtor's Network Systems Group (NSG), a division of Maxtor Corporation, provides innovative network storage solutions including the MaxAttach family of storage servers. It delivers high-value, high-capacity, cost-effective systems to customers ranging from small businesses or workgroups to large enterprise data centers. NSG works directly with industry leading software and service providers to deliver complete solutions for industry-specific applications.

About Maxtor

Maxtor Corporation is one of the world's leading suppliers of information storage solutions. The company has an expansive line of storage products for desktop computers, network storage, high-performance Intel-based servers, and consumer electronics. Maxtor has a reputation of being a proven market leader, providing consistent high-quality products, service 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 (NYSE) under the MXO symbol.

When used as part of an overall backup solution.
NOTE: Maxtor is a registered trademark and MaxAttach is a trademark of Maxtor Corporation. All other trademarks are the property of their respective owners.

GB means 1 billion bytes. Total accessible capacity varies depending on operating environment.

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 network attached storage, 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. These and other risk factors are contained in documents that the company files with the SEC, including the Form 10-K for fiscal 2000 and its recent 10-Qs.

SOURCE: Maxtor Corporation
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