MTI Technology Corporation Named Top 50 Technology Innovator

IRVINE, Calif., Dec. 20 /PRNewswire-FirstCall/ -- MTI Technology Corporation , a multi-national storage solutions and services company, has been selected as a '2005 Top 50 Technology Innovators Award' winner by IT Week magazine. MTI was chosen for inclusion in IT Week's annual list of the 50 most innovative technology companies by the magazine's editors.

Among the company's many innovations is MTI Insight, a comprehensive appliance-based subscription service for in-depth knowledge and diagnosis of storage infrastructures that reduces costs, maximizes storage resources and improves operational efficiencies. MTI Insight is centered around a server appliance that is pre-configured with a suite of diagnostic and reporting tools that address today's most frequent pain points. MTI Insight offers a defined set of fixed-scope consulting services and expertise in the form of quarterly reports and recommendations and allows customers to make intelligent, informed decisions regarding resource utilization, infrastructure scalability, backup and recovery operations, and data availability in a proactive environment. This unique solution is especially useful for mid-tier organizations that lack the specialized software and resources needed to analyze their storage environment.

"We're honored to have been chosen by IT Week for this prestigious award," said Thomas Raimondi, MTI president and chief executive officer. "MTI has more than 20 years of expertise as a storage technology innovator, and we are committed to bringing our clients around the world the latest advancements, and the most experienced service and support available in the industry."

"Technology is a critical driver in today's global business environment, and innovation is one of the key ingredients for success," explained Ken Durham, editor of IT Week magazine. "MTI has clearly demonstrated they are among a few of the best companies when it comes to delivering innovative products and services that are helping their clients compete and excel in this highly competitive global marketplace."

MTI joins other distinguished technology companies, such as Symantec and Pacific Digital Corporation, in receiving IT Week top 50 honors. This year's winners list was published in the December 5 issue of the publication.

About Possibility Media

Possibility Media is a privately held Florida corporation and was established as the result of several acquisitions of various web sites and media properties, together with Virtual Trade Shows and the technology behind the shows. Although based in Miami, the company has people all over the globe including the U.K., Australia, South Africa, India, Ukraine, The Netherlands and other Eastern European nations.

About MTI Technology

MTI is a leading multi-national provider of professional services and comprehensive data storage solutions for mid to large-size organizations. With more than 20 years of expertise as a storage technology innovator, MTI is uniquely qualified to assess, design, implement and support whole-office data storage and backup initiatives. As a strategic partner of EMC , MTI offers the best data storage, protection and management solutions available today. By employing a strategic, consultative approach, MTI provides customers with a single point of contact that eliminates complexities while delivering operational efficiencies and competitive advantages. MTI currently serves more than 3,000 customers throughout North America and Europe. Visit http://www.mti.com/ for more information.

MTI is a registered trademark of MTI Technology Corporation. All other company, brand or product names are registered trademarks or trademarks of their respective holders.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include statements regarding the Company's expectations, hopes, beliefs or intentions regarding the future, including but not limited to statements regarding the success of MTI, the commercial relationship between MTI and its suppliers, the product offerings and solutions of MTI's suppliers, and the acceptance of MTI's service offerings.

Media Contact: Investor Relations: Jamie Brown Victor Chynoweth Independent Marketing Vice President, Finance 626-432-4594 ext. 105 949-885-7304 Jamie@independentmktg.com vchynoweth@mti.com (Logo: http://www.newscom.com/cgi-bin/prnh/20051010/LAM084LOGO )