Maxtor Corporation
Industry: Computer Storage Devices

Maxtor Corporation (http://www.maxtor.com) is one of the world's leading suppliers of information storage solutions. The company has an expansive line of storage products for desktop computers, high-performance Intel-based 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 http://www.maxtor.com or by calling toll-free 800-2-MAXTOR. Maxtor is traded on the NYSE under the MXO symbol.

Business Summary
Maxtor Corporation supplies hard disk drives for desktop, enterprise and consumer electronics applications. Its desktop products are marketed under the DiamondMax, MaXLine and Fireball brand names, and include 3.5-inch disk drives with storage capacities that ranges from 40 to 300 gigabytes (GB). These drives are used in desktop computers, digital video recorders (DVRs), set-top boxes and game consoles, as well as personal storage applications. The Company provides a line of high-capacity advanced technology attachment (ATA)/ Serial ATA drives for use in mid-line, near-line storage applications for the enterprise market. Its MaXLine-branded drives, with 250 or 300 GB of capacity, are designed for enterprise customers needing ready access to fixed-content data files. It also offers a line of high-end 3.5-inch hard disk drives. Revenue from its five largest customers represented 25.6% during the fiscal year ended December 25, 2004 (fiscal 2004).

Financial Summary
Maxtor Corporation supplies information storage solutions with products for desktop computers, near-line storage, high-performance Intel-based servers and consumer electronics. For the 6 months ended 7/02/05, revenues increased 9% to $1.99B. Net loss decreased 40% to $10.7M. Revenues reflect strong enterprise performance and increased volumes of shipment of SCSI drives. Lower loss reflects reduced amortization of intangibles expense.