Features - Storage Innovations:

MTI OFFERING PRE-PACKAGED STORAGE AND BACKUP SOLUTIONS

MTI Technology Corp, a provider of storage and business solutions for more than two decades, announced that it is offering pre-packaged enterprise-class data storage and backup solutions specially priced and financed for departmental deployment.

Available through January 31, 2003 the offering features in-house financing -- arranged through new MTI partner Canopy Capital Inc -- that includes three-year leasing options, 0% interest for 12 months, and low monthly payments. MTI is known for its expertise in providing storage solutions, and with Canopy Capital as its financing arm, the company can now combine the solutions with the financial to give customers added flexibility.

For this special offering, MTI is packaging three different configurations: a single-host direct-attached solution, a multi-host Fibre Channel storage area network (SAN) solution, and a 2-gigabit Fibre Channel SAN solution -- priced from $2,020, $2,425 and $3,119 per month, respectively. Each configuration includes a high-performance MTI Vivant series storage subsystem, with capacities of 1 to 1.17 terabytes; high-speed automated tape libraries based on Quantum/ATL architecture, with capacities of 1.5 to 2.2 terabytes; Legato NetWorker backup and recovery software; and MTI's robust management software suite for remote monitoring and phone-home alerting. The packages are rack-mounted in a 40-inch cabinet and include complete installation, a three-year warranty and maintenance.

MTI designed these packaged storage and backup solutions primarily for at-risk departments whose servers are outside the IT center but who need their data to be available, protected and accessible at all times.

"These departments usually can't afford the typical $150 thousand upfront acquisition costs," said Kevin Clark, MTI's vice president, North American sales. "With our new leasing options, these customers can take advantage of the new technologies and affordable pricing we've been able to get from our vendor partners."

Interested customers should telephone MTI Sales toll free at 800-688-4244 to discuss requirements and receive a formal price proposal. More information is available on the Web at www.mti.com.

About MTI Technology Corp

MTI's mission is to be at the forefront of developing and delivering storage solutions to customers -- through innovation, customer feedback and best practice. A premier provider of enterprise storage products for more than 20 years, MTI develops, integrates and manufactures high-performance, high-availability storage products for mid-range to Global 2000 companies worldwide. MTI also services select third-product hardware and software, and its Professional Services organization provides planning, consulting and implementation support for storage products from other leading vendors. Headquartered in Anaheim, Calif., MTI may be reached by telephone at 800-999-9MTI (toll free) or 714-970-0300, or by fax at 714-693-2256. The Web address is www.mti.com.