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Maxtor Corporation (NYSE: MXO) today announced that it will release its financial results for the second quarter 2005 on Wednesday, July 27, after the close of market. A conference call for the investment community has been scheduled.
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Full View / NID: 7268 / Submitted by: Megan
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Maxtor Corporation (NYSE: MXO) announced today it is now shipping the Atlas® family of disk drives, the fastest drives in their class1, with the latest enterprise-class interface technology - Serial Attached SCSI (SAS). The SAS interface allows SAS and SATA disk drives to be configured in the same enclosure, enabling customers to mix and match high-performance Atlas drives with high-capacity MaXLine® SATA drives to meet a broad range of price, performance and capacity requirements. Maxtor pioneered the use of high-capacity ATA disk drives in nearline and midline applications with its MaXLine drives, the de facto standard in this market.
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Full View / NID: 7108 / Submitted by: Megan
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MILPITAS, Calif., June 21, 2005--Maxtor Corporation (NYSE: MXO), the pioneer in innovative pushbutton backup and storage solutions, announced today that its Maxtor OneTouch II™ drive was honored by The CPA Technology Advisor magazine with a 2005 Tax and Accounting Technology Innovation Award. The 2005 Tax and Accounting Technology Innovation Award winners were announced at the California Accounting and Business Show & Conference in Los Angeles on June 6, 2005, and will be featured in the magazine's August 2005 issue.
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Full View / NID: 7017 / Submitted by: Megan
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MILPITAS, Calif., June 14, 2005--Extending its Maxtor OneTouch™ brand further into the channel, Maxtor Corporation (NYSE: MXO) today announced that it has enhanced its channel program for value added resellers (VARs) serving the small business Windows server market. The centerpiece of the program is the new Maxtor OneTouch II Small Business Edition drive--a one-of-a-kind solution for small-business Windows server backup.
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Full View / NID: 6936 / Submitted by: Megan
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MILPITAS, CA - June 13, 2005 -Maxtor Corporation (NYSE: MXO) today unveiled its new Maxtor OneTouch II drive with a FireWire 800 interface. Ideal for creative professionals, computer power users and digital content creators, the drive delivers up to 800Mbit per second data transfer rates to quickly transfer and store high-resolution graphics, digital audio/video, heavy multimedia files, photos and more. Mac® or PC users simply plug the Maxtor OneTouch II drive into any FireWire 800-enabled computer and are able to store their valuable data in seconds.
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Full View / NID: 6915 / Submitted by: Megan
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MILPITAS, Calif., June 7, 2005--Maxtor Corporation (NYSE: MXO), a worldwide leader in hard disk drives and consumer storage products, announced today that its Maxtor Shared Storage™ drive was honored by PC World with a 2005 World Class Award in the Network Hard Drive category. The World Class Award winners were announced in the July 2005 issue (online now and available on newsstands June 14).
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Full View / NID: 6826 / Submitted by: Megan
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Milpitas, CA, June 6, 2005 - Maxtor Corporation (NYSE: MXO), a worldwide leader in hard disk drives and consumer storage products, announced today that the company will be shipping its next-generation 3.5-inch 7200RPM 3.0Gb SATA and ATA 133 hard drives with capacity points up to 500GB in the third quarter of this year. The new capacity will span the company's line of award-winning products, including Maxtor® QuickView® (consumer electronics - DVR/STBs, DVD/HDD combo devices), MaXLine® (enterprise applications), DiamondMax® (desktop), Maxtor Shared Storage™ (easy add-on storage for a home network) and Maxtor OneTouch™ (simple external storage and backup) brand hard drives.
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Full View / NID: 6808 / Submitted by: Megan
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MILPITAS, Calif., June 1, 2005--Maxtor Corporation (NYSE: MXO), the pioneer in innovative pushbutton backup and storage solutions, has designated June as national Backup Awareness Month. The campaign is designed to raise awareness of the simplicity and value of backing up important data--whether it's personal, professional or business data. With today's advances in external drives and backup solutions, backing up a computer hard drive or a small business server? can be done easy and automatically. Maxtor wants to make sure people know that--and know how simple it can be, especially when using one of the company's industry-leading Maxtor OneTouch™ II drives.
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Full View / NID: 6722 / Submitted by: Megan
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MILPITAS, CA, May 31, 2005 - Maxtor Corporation (NYSE: MXO) today announced that it has scheduled a mid-quarter conference call to provide an update on market conditions and financial guidance for the second quarter ending July 2, 2005.
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Full View / NID: 6719 / Submitted by: Megan
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MILPITAS, CA, May 31, 2005 -- Maxtor Corporation (NYSE: MXO) today announced that it will be presenting at the Bear Stearns 16th Annual Technology Conference.
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Full View / NID: 6718 / Submitted by: Megan
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MILPITAS, CA, May 24, 2005 -- Maxtor Corporation (NYSE: MXO) today announced that it discovered a data entry error relating to inventory and cost of goods sold in its previously issued unaudited interim financial statements for the quarter ended April 2, 2005. As a result of the data entry error, which is described in Maxtor's Current Report on Form 8-K dated May 24, 2005, inventory at April 2, 2005 was understated by $4 million, cost of goods sold was overstated by $4 million, the net loss for the quarter was overstated by $4 million and the net loss per share for the quarter was overstated by $0.02 per share. Although the adjustment is not material to inventory or cost of goods sold reported for the quarter, it is material to the net loss and net loss per share previously reported for the quarter. Accordingly, Maxtor will promptly file a Form 10-Q/A for the period ended April 2, 2005 to restate its unaudited interim financial statements to reflect these corrections.
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Full View / NID: 6660 / Submitted by: Megan
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MILPITAS, Calif., May 12, 2005 -- Maxtor Corporation (NYSE: MXO) today announced that it will be presenting at the following investor conference.
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Full View / NID: 6542 / Submitted by: Megan
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MILPITAS, Calif., May 9, 2005 -- Maxtor Corporation (NYSE: MXO) today announced that it has appointed Rick Allen to its board of directors. Mr. Allen, 48, was formerly the chief financial officer of J.D. Edwards, an enterprise application software company that merged with PeopleSoft in 2004. Mr. Allen is currently working as a consultant and serves on several corporate boards.
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Full View / NID: 6498 / Submitted by: Megan
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MILPITAS, Calif., May 9, 2005 - Extending its leadership in external storage and backup, Maxtor Corporation (NYSE: MXO) announced today that it has taken the simplicity of its award-winning Maxtor OneTouch II drive and created a one-of-a-kind server backup solution for small businesses. The new Maxtor OneTouch II Small Business Edition drive provides easy installation, automatic backups, quick restore features, remote notification, and simple storage management for small business Windows® servers. Offered at 200GB, the drive can easily and cost-effectively backup up to 300GB of compressed? business files, accounting records, emails and more, automatically every day, without the hassle of swapping out tapes, CDs or DVDs.
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Full View / NID: 6497 / Submitted by: Megan
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MILPITAS, Calif., May 4, 2005 -- Maxtor Corporation (NYSE: MXO) today announced its financial results for the first quarter ended April 2, 2005. Revenue for the quarter was $1.070 billion. The Company reported a net loss in the first quarter of 2005 of $24.2 million, or $(0.10) per share. Included in the net loss were a $4.9 million charge related to the termination of the Company's 2.5-inch drive program and $13.9 million in severance-related charges associated with the reduction in force in the U.S. and in Singapore. In the first quarter of 2004, revenue totaled $1.020 billion. Net income was $8.9 million, or $0.03 per diluted share.
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Full View / NID: 6463 / Submitted by: Megan
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PHOENIX - Storage Networking World - April 12, 2005 - Maxtor Corporation (NYSE: MXO) - See how the latest Maxtor® hard drives are powering enterprise storage solutions from LSI Logic and Promise Technology at Storage Networking World this week in Phoenix.
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Full View / NID: 6180 / Submitted by: TACKtech Team
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MILPITAS, CA, April 11, 2005 - Maxtor Corporation (NYSE: MXO) today announced that it will release its financial results for the first quarter 2005 on Wednesday, May 4, after the close of market. A conference call for the investment community has been scheduled.
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Full View / NID: 6168 / Submitted by: TACKtech Team
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MILPITAS, Calif., March 28, 2005 - Maxtor Corporation (NYSE: MXO) announced today that the Serial Attached SCSI (SAS) interface is available on qualification units of the award-winning Atlas® 10K V and Atlas 15K II drives. Maxtor has shipped qualification units to top OEMs as well as over 30 system manufacturers. Qualification units shipped include the industry's first 300GB and highest capacity SAS drive, the Atlas 10K V.
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Full View / NID: 6045 / Submitted by: TACKtech Team
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MILPITAS, Calif., March 3, 2005-Maxtor Corporation (NYSE: MXO), a worldwide leader in hard disk drives and consumer storage products, announced today it will strengthen its effort to ensure best practices in its worldwide distribution channel with the appointment of a channel compliance officer.
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Full View / NID: 5753 / Submitted by: TACKtech Team
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SAN FRANCISCO, Intel Developer Forum (IDF), March 1, 2005 - Maxtor Corporation (NYSE: MXO) - See how the latest Maxtor hard drives are powering enterprise storage solutions at the Intel Developers Forum this week in San Francisco.
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Full View / NID: 5721 / Submitted by: TACKtech Team
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