Maxtor Corporation is one of the world's largest suppliers of hard disk drives, offering an array of products to store your digital world. Maxtor drives are found in homes, at work and in large enterprise businesses. The company has built its reputation as a proven market leader by consistently providing high-quality products, service and support for its customers. Maxtor is traded on the NYSE under the MXO symbol and can be found online at www.maxtor.com.

  Maxtor serves three market segments – Client Computing, Digital Entertainment and Enterprise Computing. The company designs and engineers hard disk drive products to meet the specific needs of each market segment.

·                    Client Computing—PCs, desktop RAID and workstations (DiamondMax^®and Fireball^®), and personal storage solutions (Maxtor OneTouch™), retail disk drives and accessories.

·                    Digital Entertainment—storage solutions for consumer electronics and digital entertainment. This includes Maxtor^®QuickView^®consumer hard disk drives designed specifically for personal video recorders (PVRs), digital video recorders (DVRs), set-top boxes (STBs) and game consoles.

·                    Enterprise Computing—high-performance hard disk drives for Intel-based enterprise servers (Atlas^®), and high-capacity ATA hard disk drives for nearline and midline enterprise storage applications (MaXLine^™).

  Maxtor distributes hard disk drive products through its OEM relationships with Dell, DirecTV, Echostar, Apple, IBM, Hewlett-Packard, JVC, Legend, TiVo, ReplayTV, Philips, Thompson Multimedia and others. Maxtor's product line is also available through its global distribution channels including Bell Microproducts, Ingram Micro, Tech Data, Best Buy, CompUSA, Costco and Staples.

  To meet the growing global demand for its products, Maxtor manufactures its ATA and 15,000 RPM SCSI hard drives in its own cell-based manufacturing facility in Singapore and its 10,000 RPM SCSI drives through a relationship with Japan-based Matsushita-Kotobuki Electronics (MKE). In 2003, Maxtor announced that it is building a new manufacturing facility in Suzhou China, which will also manufacture desktop hard drives. The facility is expected to be completed in 2004.

  Founded in 1982, Maxtor has an experienced and visionary executive team that has made the company one of the most respected in its industry. In April 2001, Maxtor acquired Quantum HDD to create one of the largest hard disk drive companies in the world. In September 2001, Maxtor acquired MMC Technology, Inc., allowing the company to vertically integrate and manufacture media used in its hard disk drives. These strategic acquisitions give Maxtor the agility and global resources necessary to provide a full line of consumer, personal and enterprise storage solutions.

  Maxtor generated revenues of $4.1 billion in fiscal year 2003. Maxtor is headquartered in Milpitas, California with product development operations in Longmont, Colorado and Shrewsbury, Massachusetts. The company also has numerous sales and service facilities located throughout the world, and employs a worldwide workforce of approximately 13,000.

Maxtor Products

Maxtor products include hard disk drive products to serve a range of markets including personal and entertainment storage, small office/home office, mid-sized business and enterprise.