Adaptec Selects Former PricewaterhouseCoopers as CFO

7/9/2003 - Adaptec, Inc. (NASDAQ: ADPT), a global leader in storage solutions, announced it has appointed Marshall Mohr vice president and CFO. Most recently, Mohr was managing partner of the west region technology industry group for PricewaterhouseCoopers, where he led the firm's more than 400-person Silicon Valley accounting and audit advisory practice. In that role, Mohr was the lead partner for accounting relationships with many of the technology industry's most respected companies.

"Marshall brings to Adaptec tremendous experience in best practices for financial management and a deep understanding of the industry," said Robert N. Stephens, Adaptec president and CEO. "His proven leadership skills and rich background working with many of the industry's top companies are a significant asset for our stockholders and our customers."

About Adaptec
Adaptec Inc. (NASDAQ:ADPT) provides end-to-end storage infrastructure solutions that reliably move, manage and protect critical data and digital content. Adaptec provides software and hardware solutions for storage connectivity and data protection, storage networking and networked storage subsystems to leading OEM and distribution channel partners. Adaptec solutions are in use by enterprises, ISPs, medium and small businesses and consumers worldwide. Adaptec is an S&P Small Cap 600 Index member.

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