MAXTOR SIGNS SED AS RETAIL DISTRIBUTOR

SAN JOSE, Calif. -- May 15, 1996 -- Maxtor Corp. today announced it has
signed Southern Electronics Distributors Inc. (SED) as a retail
distributor. Under the terms of the agreement, SED will carry all Maxtor
retail hard disk drive kits in capacities from 1.2 to 2.0 gigabytes.

"We are very pleased to expand our long-standing relationship with SED to
the retail channel," said Jim Welsh, Maxtor's director of North American
retail sales. "The retail sales group at SED is extremely focused, and we
look forward to teaming with them to sell high-capacity Maxtor drives," he
added.

"Maxtor is impressive in their time to market with the capacities customers
are demanding, and we're proud to carry their products," said Mark Flaxer,
vice president, marketing, for SED. "One of Maxtor's strongest features is
service and support, both before and after the sale. They really support
the sales chain and the final customer," he added.

Maxtor Corp. develops, manufactures and markets hard disk drives for
desktop and mobile computer systems and had sales of $1.2 billion in the
calendar year 1995. A wholly owned, independently operated subsidiary of
Hyundai Electronics America, Maxtor has headquarters in San Jose, Calif.,
and employs approximately 9,000 people worldwide.

Southern Electronics Corporation distributed microcomputers, computer
peripheral products and cellular telephone products to value-added
reserllers and dealers. The Company's stock is traded on the NASDAQ
Natonal Market under the symbol SECX.
 
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