Maxtor Names Keyur Patel as Executive Vice President, Business Development and Strategy

(Auszug aus der Pressemitteilung)

MILPITAS, Calif., Aug. 5 – Maxtor Corporation

(NYSE: MXO) announced today that it has named Keyur A. Patel as its executive
vice president, business development and strategy. Mr. Patel, 38, was most
recently the senior vice president, strategy, marketing and technology, for
Inktomi Corporation. In his new position at Maxtor, Mr. Patel will be
responsible for Maxtor’s long-term strategy and associated business

Mr. Patel joined Inktomi in 2002. During his tenure there, he was
instrumental in restructuring the company and played an important role in
executing Inktomi’s sale to Yahoo! Inc. Prior to joining Inktomi, Mr. Patel
had 14 years of experience in a variety of senior level technology, strategy
and marketing positions at several software companies as well as international
consulting firms KPMG Consulting Worldwide and PriceWaterhouseCoopers. He has
co-authored a book titled „Digital Transformation“ and serves on the advisory
boards of several technology companies. Mr. Patel has a B.S. in
telecommunications and electronics and an M.S. in computer engineering.

„We are very pleased to welcome Keyur to our executive team,“ said
Paul Tufano, president and chief executive officer of Maxtor. „His strategic
focus and insight into business development, IT strategy and technology
partnerships will be of tremendous value to Maxtor, as the hard drive industry
continues its evolution into new emerging areas of storage.“