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LINKSYS NETWORK STORAGE LINK TURNS AFFORDABLE USB DRIVES INTO NETWORK ATTACHED STORAGE

Announcement posted by Linksys 28 Aug 2004

24 August 2004, Singapore Linksys, a division of Cisco Systems, Inc., the leading provider of broadband, wireless and networking hardware for the consumer and small office/home office (SOHO) markets, today announced the Linksys Network Storage Link (NSLU2), which enables users to affordably add gigabytes of storage space to home or office networks.
The Linksys Network Storage Link is a fast, simple, flexible and economical way to add storage to your network. The Storage Link has two USB ports for connecting USB 1.1 or 2.0 external hard drives. One USB port can also be used for connecting todays popular USB memory sticks. When the Storage Link is attached to a router or switch through the built-in 10/100 Ethernet RJ-45 port, everyone on the network can share the drives. For example, a Maxtor OneTouch USB 2.0 external hard drive connected to the Storage Link provides shared network attached storage. Users may also set up the Storage Link so that the USB drives can be accessible from the Internet files can be easily downloaded via a web browser. Files can be public, or password-protected for authorized users.
Small offices and home users are always looking for ways to add more gigabytes of storage capacity to their networks, said Mike Wagner, Linksys director of global marketing. With the Storage Link, not only can users add additional storage quickly and affordably, but now everyone on the network can have access to the external hard drive. For the first time laptop users can easily expand the storage capacity of their mobile PC by accessing the external hard drive connected to the Storage Link. Families or office networks can share documents, content, photos and more.
The NSLU2 features built-in disk utilities accessible through a web browser. Users can format new disk drives and scan drives for errors. The built-in backup program lets users schedule full, incremental, or synchronized backups of the network drives to the Network Storage Link, or vice versa. Email messages can be sent when a hard drive gets nearly full, completely full, or has an error.
Pricing and Availability
The Network Storage Link (NSLU2) is immediately available through resellers, distributors and direct response for an estimated street price of S$179
About Linksys
Founded in 1988, Linksys, a division of Cisco Systems Inc. (NASDAQ: CSCO) is the global leader in Wireless and Ethernet networking for consumer and SOHO users. Linksys is dedicated to making networking easy and affordable for its customers, offering innovative, award-winning products that seamlessly integrate with a variety of devices and applications. Linksys provides 24/7 Grade A product support to all its customers. For more information, visit the Linksys web site at www.linksys.com.
<b>MAXTOR AND LINKSYS ESTABLISH A STRATEGIC ALLIANCE
TO PROMOTE EASY HOME NETWORK STORAGE</b>
Companies to Co-Develop and Co-Market Personal Networking Solutions
SINGAPORE Aug 24, 2004 Maxtor Corporation (NYSE: MXO), a worldwide leader in hard disk drives and consumer storage products, and Linksys, a division of Cisco Systems, Inc., and a leader in home and small business networking solutions, today announced that the companies will collaborate on product and technology development and will co-market solutions that make storing, managing, sharing and streaming personal and entertainment content in the home simple for consumers. As leaders in personal storage and home networking, Maxtor and Linksys share a vision of a versatile, content-rich network with easy access to shared data.
Maxtor and Linksys will also begin to promote each others products the Maxtor OneTouch external hard drive and the recently announced Linksys Network Storage Link (NSLU2). With the Storage Link on a wired or wireless home network, the Maxtor OneTouch drive can serve as a central storage location for everyone on the network to share, store and access their data and digital content such as photos, music and other media. The Maxtor OneTouch drive connects to the Linksys Network Storage Link via one of the two USB ports, and the Storage Link connects to a router, enabling network connectivity to other devices around the home or office.
According to In-Stat/MDR, 2004 is the year for strong growth in home networking. Entertainment network connections are expected to double from 2003 to 2004, and to reach 51 million by 2005. The initiative between Maxtor and Linksys brings together two companies with strong pedigrees in bringing value to consumers, and is a testament to the rapidly growing end-user demand for whole home entertainment distribution and storage," noted Mike Wolf, principal analyst at In-Stat/MDR.
Linksys is the leader in the home networking market and were excited about the opportunities this relationship provides, said Mike Cordano, executive vice president of
worldwide sales and marketing at Maxtor. Home networks, coupled with the explosion of digital content, create exciting new opportunities for storage. Maxtor continues to drive innovative personal storage solutions to enhance consumers ability to create, share and enjoy personal and entertainment content in their homes. With our combined market strength and innovative technologies, we expect to provide simple and elegant solutions to consumers today and in the future.
Teaming with Maxtor allows us to reach each others respective customer base for education and marketing purposes, said Mike Wagner, director of global marketing at Linksys. The Maxtor OneTouch USB family of drives, together with our Storage Link, enhances the home network by enabling all the users to affordably expand their storage capacity and share their content. Together we aim to promote easy to use and affordable networked storage.
More information about Maxtor OneTouch drives can be found at www.maxtor.com. The Linksys Network Storage Link can be found at www.linksys.com.
About Maxtor Corporation
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.
About Linksys
Founded in 1988, Linksys, a division of Cisco Systems, Inc. (NASDAQ: CSCO) is the global leader in Wireless and Ethernet networking for consumer and SOHO users. Linksys is dedicated to making networking easy and affordable for its customers, offering innovative, award-winning products that seamlessly integrate with a variety of devices and applications. Linksys provides 24/7 Grade A product support to all its customers. For more information, visit the Linksys web site at www.linksys.com.
This announcement relating to Maxtor may contain forward-looking statements concerning the distribution and sale of Maxtor products and Maxtor's execution. These statements are based on current expectations and are subject to risks and uncertainties which could materially affect the companys results, including, but not limited to, market demand for hard disk drives, the successful execution of distribution and sales development programs, the development and implementation of new technologies, the compatibility and operation of the companys products with complementary products offered by others, the companys ability to execute future production ramps and utilize manufacturing assets efficiently, pricing, competition, and the significant uncertainty of market acceptance of new products. 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.
Note: Maxtor and the Maxtor stylized logo design is a registered trademark, and Maxtor OneTouch is a trademark of Maxtor Corporation. Linksys is a registered trademark and Network Storage Link is a trademark of Cisco Systems, Inc. and/or its affiliates in the U.S. and certain other countries. All other trademarks are properties of their respective owners.
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