MTI TECHNOLOGY CORPORATION MAKES CRN MAGAZINE'S LIST OF TOP 100 COMPANIES

IT Infrastructure Services and Solutions Provider Ranked 76 Amongst Fastest Growing Businesses

Irvine, CA, July 31, 2006 - MTI Technology Corporation (Nasdaq Capital Market: MTIC), a multi-national information and infrastructure solutions provider, announced today it has been chosen by CRN magazine as one of its top 100 fastest growing companies. MTI is ranked 76 on CRN's Fast-Growth 100 list, which identifies the fastest growing solution providers across all specialty areas and business models. MTI's ranking was based on the company's impressive 79% revenue growth during the two-year period, including 2004 and 2005.

"We are thrilled to have received this honor from CRN magazine, which recognizes the tremendous growth MTI has experienced over the past two years," stated Thomas P. Raimondi, Jr., president and chief executive officer for MTI. "MTI's success has been a direct result of our commitment to provide customers with a single point of contact for the best solutions, the highest quality consulting services and unparalleled support that meets their unique business needs."

The CRN Fast-Growth 100 List spotlights the 100 top solution providers that have achieved rapid growth in revenue over the past two years. According to CRN's editorial team, MTI's ranking is indicative of the company's ability to create new customer demand, which has resulted in its significant growth rate. CRN further recognized MTI's tireless support of its customers.

About MTI Technology

MTI is a leading multi-national provider of consulting services and comprehensive information infrastructure solutions for mid to large-size organizations. With more than 20 years of expertise as a technology innovator, MTI is uniquely qualified to assess, design, implement and support a broad range of information management and infrastructure initiatives. As a strategic partner of EMC (NYSE: 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 3,500 customers throughout North America and Europe. Visit 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 contain words such as "will," "expect," "believe," or the negative thereof or comparable terminology, and may include (without limitation) information regarding the Company's expectations, goals or intentions regarding the future, including but not limited to statements regarding the Company's acquisition of Collective, the service and solutions offerings after closing, and other strengths or capabilities expected from the acquisition as well as the Company's growth path. Forward-looking statements involve certain risks and uncertainties, and actual results may differ materially from those discussed in any such statement. In particular, the Company can provide no assurances that the Company will receive the benefits anticipated from the acquisition or that service offerings will be successful. Risks that could affect forwardlooking statements also include those related to the inability to successfully integrate the operations of Collective, competition, increased costs, changes in laws and regulations, economic and capital market conditions and the effects of war, terrorist or similar activity. Additional factors that could cause actual results to differ are discussed under the heading "Risk Factors" and in other sections of the Company's Form 10-K for the year ended April 1, 2006 on file with the Securities and Exchange Commission, and in its other current and periodic reports filed from time to time with the Commission. All forward-looking statements are made as of the date hereof, based on information available to the Company as of the date hereof, and the Company assumes no obligation to update any forward-looking statement.