JVC Selects Maxtor QuickView Drives for New HDD/DVD Recorders (DR-MH30/DR-MH50)

This is the second major relationship Maxtor has announced this month – looks like they are driving hard to have their products known as core technology in consumer electronics devices.

Maxtor and JVC Bring QuickView Into the Home
JVC Selects Maxtor QuickView Hard Drives for New HDD/DVD Recorders

MILPITAS, Calif. and TOKYO, June 22 /PRNewswire-FirstCall/ – Maxtor Corporation (NYSE:MXO) , a worldwide leader in hard disk drives and consumer storage products, announced today that Victor Company of Japan Ltd (JVC), a leading manufacturer of audio, visual, and computer-related products, has selected Maxtor® QuickView® consumer electronics (CE) hard disk drives for its new DR-MH30 and DR-MH50 HDD & DVD recorders. The JVC DR-MH30 incorporates a Maxtor 160GB QuickView hard disk drive and provides up to 143 hours of standard definition video recording. The JVC DR-MH50 includes a Maxtor 250GB QuickView hard drive and offers up to 225 hours of standard definition video recording.

JVC selected Maxtor QuickView hard disk drives for their advanced consumer features, performance and brand recognition in the digital entertainment market. The DR-MH30 and DR-MH50 carry the QuickView by Maxtor logos on the front of the recorder as evidence of the level of quality and the experience the user can expect.

“The Maxtor QuickView hard disk drive embodies an exceptional combination of performance, capacity and reliability that further enhances our customers’ digital experience,” said Shingo Kawata, executive vice president, AV & Multimedia Company at JVC. “We believe that the QuickView technology powered by Maxtor’s MaxLabs® played the significant role in bringing the DR-MH30 and DR-MH50 to the market.”

“Maxtor is pleased to continue our strong relationship with JVC on the development of HDD & DVD recorders integrated with QuickView hard disk drives,” said Mike Cordano, executive vice president, worldwide sales and marketing at Maxtor. “The success of this collaboration demonstrates Maxtor’s continued strengths in the digital entertainment market and our commitment to providing our customers with the full range of services they require.”

Pricing and Availability

JVC’s DR-MH30 and DR-MH50 HDD & DVD recorders are now available in Japan. Please contact your local dealer for pricing.

About Victor Company of Japan Ltd (JVC)

Victor Company of Japan Ltd (Representative – Masahiko Terada, Head office – Yokohama City, Kanagawa Prefecture) is well-known for its development of the VHS video standard, and has developed as an international company in the fields of audio, visual (A&V), information-related equipment, components, and entertainment for the domestic consumer market, as well as in the business market as a comprehensive provider of both hardware and software. The company has received high praise in both domestic consumer and business markets. Visit the JVC home page at http://www.jvc-victor.co.jp/ .

About Maxtor Corporation

Maxtor Corporation (www.maxtor.com) is one of the world’s leading suppliers of hard disk drives for consumer, industrial and entertainment applications. The company has an expansive line of storage products for desktop computers, storage systems, high-performance servers and consumer electronics. Maxtor has a reputation as a proven market leader built by consistently providing high-quality products and service and support for its customers. Maxtor and its products can be found at www.maxstore.com or by calling toll-free 800-2-MAXTOR. Maxtor is traded on the NYSE under the MXO symbol.

About Maxtor Digital Entertainment

Maxtor’s specially designed QuickView CE hard disk drives enable viewers to record, store and playback digital audio and video on Digital Video Recorders (DVRs), set-top boxes (STBs), game consoles and other consumer electronics devices. DVRs/PVRs equipped with Maxtor QuickView hard disk drives are available in thousands of locations worldwide from a variety of popular consumer electronics manufacturers and service providers. In addition, Maxtor MaxLabs® design centers provide development and manufacturing services worldwide to CE OEMs enabling them to facilitate the creation of new generations of consumer products powered by Maxtor hard disk drives.

About Maxtor MaxServices

MaxServices™ offerings incorporate Maxtor’s current service and support programs, which include:

– Responsive phone and 24x7 online end user support.
– In-country RMA replacement programs for registered resellers in select
emerging markets around the world.
– Maxtor VIP Partner Program (www.maxtorvip.com) with phone center and
online support in the European Union (EU) and the Americas.
– MaxLabs, a global, distributed set of design, integration and test
services to optimize hard disk drive-based platforms for the consumer,
industrial and enterprise markets for global OEMs and qualified
designers.

For purposes of measuring disk drive storage capacity, a gigabyte (GB) means 1 billion bytes. Total accessible capacity varies depending on operating environment.

NOTE: Maxtor, the Maxtor stylized logo, MaxLabs and QuickView are registered trademarks and MaxServices is a trademark of Maxtor Corporation.

This announcement relating to Maxtor may contain forward-looking statements concerning the distribution and sale of Maxtor products 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, the successful execution of distribution and sales development programs, the development and implementation of new technologies, 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 2003 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.

Source: Maxtor Corporation

CONTACT: Yayoi Oishi, Maxtor Public Relations - Japan, +81-3-5321-7927,
or yayoi_oishi@maxtor.com; or Karen Clyne, Maxtor Public Relations - U.S.,
+1-408-894-5958, or karen_clyne@maxtor.com; or Jenifer Kirtland, Maxtor
Investor Relations, +1-408-324-7056, or jenifer_kirtland@maxtor.com