Program increases coverage on enterprise MaXLine drives to 5 years and internal (non-retail) PC drives to 3 years
Dubai, UAE, 7 November, 2004. Maxtor Corporation (NYSE: MXO), a worldwide leader in hard disk drives and consumer storage products, announced a change to its warranty program, increasing the warranty period for all enterprise and internal (non-retail) PC hard drives shipped to its worldwide distributor channel. The new program, effective immediately on product shipped after September 12, 2004, provides five-year warranty protection for all enterprise drives and three years for internal (non-retail) desktop PC drives.
"The new warranty coverage demonstrates the confidence we have in the quality and reliability of Maxtor drives," said Mike Cordano, executive vice president, worldwide sales and marketing. "We also paid close attention to market needs and structured our program with direct input from our channel partners, aligning it with warranties from systems manufacturers. Together with our world-class returns and repair facilities, this offering underscores Maxtor's leadership in ease of doing business."
Maxtor previously provided five-year warranties for its SCSI enterprise drives, three years for its MaXLine ATA enterprise drives, and warranties ranging from one to three years for internal PC drives, depending on the model and country.
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About Maxtor
Maxtor Corporation (www.maxtor.com) is one of the world's leading suppliers of hard disk drives and data storage solutions. The company has an expansive line of storage products for desktop computers, storage systems, 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 www.maxtor.com or by calling toll-free (800) 2-MAXTOR. Maxtor is traded on the New York Stock Exchange under the symbol MXO.
Note: Maxtor, and the stylized Maxtor logo are registered trademarks and MaXLine is a trademark of Maxtor Corporation. All other trademarks are properties of their respective owners.
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 hard disk drives, integration of the company's products with products produced by others, the company's ability to execute future production ramps and utilize manufacturing assets efficiently, pricing, competition, warranty return rates, and the significant uncertainty of market acceptance of new products, warranty programs and technologies. 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.
© Press Release 2004
