IRVINE, Calif., July 31, 2000— The Computer Systems Group (CSG) of Toshiba America Information Systems, Inc. (TAIS) today announced plans to leverage the growing success of its Server Division and enter the fast-paced storage market. Starting as early as Q3 2000, Toshiba will offer, install and support external storage business solutions.

"As server technology progresses toward smaller profile computing devices, external storage requirements are growing in importance," said Joe Formichelli, executive vice president, Toshiba CSG. "Toshiba views entering the storage market as a major business opportunity to grow market share and offer increasingly important networking capabilities to businesses nationwide."

"In an age where e-business and the power of the Internet drive the marketplace and truly make or break the way companies do business, the increasing need for storage products is inevitable," said Steve Andler, vice president, marketing, Toshiba CSG. "By entering the storage market, Toshiba is continuing to demonstrate its commitment to providing customers with compelling solutions that meet today’s evolving business needs."

About Toshiba’s Magnia and M-Series Servers
Toshiba’s Magnia series servers deliver exceptional reliability, flexibility, and manageability in the workgroup, department and across the enterprise. Equipped with features that make them highly reliable, powerful, scalable and easy to manage, Toshiba’s Magnia server series provides dependable, long-lasting, uninterrupted support for today’s business networks. In addition to the Magnia line, Toshiba’s entry-level M-series servers meet the needs of small- to medium-sized businesses focused on two-way processing power, flexible configurations and a great price point.

The Magnia 3030 and 3035R series workgroup and Magnia 5010, 5100 series departmental servers equipped with Intel® processors are designed with reliability and manageability features typically reserved for more expensive, enterprise-class offerings, making them ideal for small- to medium-sized businesses by providing features that maximize system performance and uptime. Toshiba’s Magnia 7010 series enterprise servers support Intel’s Xeon™ Pentium® III processors and provide an ideal solution for mission-critical environments running advanced applications such as data warehousing, database, e-commerce and high-volume business processing. The Magnia 3030, 3035R, 5010 and 7010 series servers are rack-mountable for multi-server environments.

Toshiba Magnia and M-series servers are available through Toshiba’s network of Magnia Authorized Resellers. For more information about Toshiba’s Magnia and M-series servers visit www.computers.toshiba.com.

About Toshiba America Information Systems, Inc.
Toshiba continues to be the world’s leading vendor for portable computers with 16.2 percent market share worldwide during the first quarter of 2000, according to International Data Corp. The company offers portable, desktop, projector and server computing solutions for business customers under the Toshiba brand name. For more information, call 1-800-TOSHIBA or visit the company’s Web site at www.computers.toshiba.com. Dealer referrals and brochures are located at www.buy.toshiba.com.

Headquartered in Irvine, Calif., with annual sales of approximately $2.5 billion, Toshiba America Information Systems Inc. is comprised of six divisions, organized into two business groups, which manufacture, market and service a wide range of business and information-oriented products in the United States and Latin America. Products include portable and desktop computers, projectors and PC servers; voice-mail systems; digital business telephone systems; interactive voice-response systems; network systems and digital cameras. TAIS is an independent operating company owned by Toshiba America Inc., a subsidiary of the $52 billion Toshiba Corp., the eighth-largest computer and electronics company and the world’s 26^th largest industrial corporation in terms of sales. Toshiba Corp. is a world leader in high-technology products with more than 300 major subsidiaries and affiliates worldwide.