MAXTOR LEVERAGES MEDIABOLIC MEDIA SERVER SOFTWARE INTO NEW MAXTOR SHARED STORAGE PLUS PRODUCT LINE

New Consumer/SOHO-Friendly Network Shared Storage Device Includes Built-in Media Server for Streaming Music, Photo, Video Files on Networks

SAN MATEO, CALIF. - AUGUST 31, 2005 - Mediabolic, a leading provider of end -to -end software solutions for connected entertainment products, and Maxtor Corporation (NYSE: MXO), one of the world's leading suppliers of hard disk drives and consumer storage solutions, today announced that Maxtor will integrate Mediabolic's award -winning Media Server software into the Maxtor Shared Storage Plus, an easy -to -use, consumer/SOHO -targeted network -attached storage (NAS) device.


In a related announcement released earlier today, Maxtor unveiled the new Maxtor Shared Storage Plus, a three -in -one network drive that provides shared storage, data backup and media streaming. When connected to a home network, the Maxtor Shared Storage Plus drive acts as a media server for digital entertainment, providing the ability to stream photo, music, and video files to multiple, connected entertainment devices throughout the network. In addition, because the Maxtor Shared Storage Plus drive is PC -independent, it is designed to distribute personal media even when the PC is powered off. By using Mediabolic's Media Server software, the Maxtor Shared Storage Plus drive embraces industry standards and is highly interoperable with an array of player devices that are Universal Plug and Play (UPnP), and Digital Living Network Alliance (DLNA) -compliant. For further details on the Maxtor Shared Storage Plus, please see Maxtor's product announcement at http://www.maxtor.com.

"Maxtor and Mediabolic share a common vision in that we both see the network storage media server as the core of the digital home entertainment network," said Daniel Putterman, president and CEO at Mediabolic. "The Maxtor Shared Storage Plus drive will not only help to free up valuable space on your computer's local hard drive, but will also deliver rich content throughout your home regardless of whether your PC is switched on or off. This way, you won't have to rely on your PC to serve the content, because Maxtor delivers an always -on solution."

Mediabolic develops standards -compliant media server and player software technologies that enable connected entertainment devices to interoperate together, allowing consumers to browse and play back all of their personal media at the touch of a remote control.

"The Maxtor Shared Storage Plus product line leverages Mediabolic's media server technology, which gives us a way to extend our offering and create a truly unique product with a competitive edge," said Mike Williams, general manager, Maxtor Branded Products Group. "Mediabolic understands the importance of extending the usability of centralized, networked storage devices so they can function as media repositories to serve content to consumers whenever they want it. We're excited to have Mediabolic on board to help Maxtor continue to deliver innovative products to the consumer and SOHO markets."

ABOUT MEDIABOLIC
Mediabolic, Inc. is a leading provider of end -to -end software solutions for connected entertainment products. Mediabolic's technologies can be embedded in products like televisions, set -top boxes, and network -attached storage devices, allowing consumer electronics and PC manufacturers to extend and differentiate their products. Using a standards -based open architecture, Mediabolic's software has enabled its customers to ship award -winning solutions across diverse platforms to the consumer market. Founded in 1999, Mediabolic is located in San Mateo, California. For more information, please visit http://www.mediabolic.com.

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