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Xyratex appoints new director Ken Traub

                   Xyratex appoints new director Ken Traub

Board unanimously reaffirms ClusterStor growth strategy

PR Newswire

HAVANT, United Kingdom, July 1, 2013

HAVANT, United Kingdom, July 1, 2013 /PRNewswire/ -- Xyratex Ltd (Nasdaq:
XRTX), a leading provider of data storage technology, today announced the
appointment of Ken Traub to the Board of Directors. Following the Company's
Annual Shareholders' Meeting on June 26thin New York City, Ken Traub was
appointed as a Class III director of Xyratex Ltd. Mr. Traub has extensive
experience as a senior executive, director and investor in public companies
since earning an MBA from Harvard Business School in 1988. Jonathan Brooks,
Chairman of Xyratex, said, "I am delighted that Ken Traub has joined the Board
and look forward to his valuable contributions in the future."

Mr. Traub joins the Board following the Company's agreement in April 2013 with
Baker Street Capital, whose Managing Member, Vadim Perelman, was re-elected to
the Board as a Class I director at the Company's Annual Shareholders' Meeting.

"Since joining the board in March, I have spent a substantial amount of time
working with senior management to analyze the Company's businesses, product
development strategy and investments in the HPC/Big Data area. I am pleased to
see that the core Storage Solutions and Capital Equipment businesses are
stabilized and profitable, while ClusterStor represents a significant
profitable growth opportunity for Xyratex. I have been impressed by the
traction and momentum that the ClusterStor product line has established in the
HPC/Big Data marketplace, evidenced by numerous major design wins, a growing
number of satisfied customers and increasing market share," said Vadim
Perelman, Director. "Financially, the company has made adjustments to
ClusterStor operating expenses and the product line is approaching an
inflection point where it is anticipated to contribute positively to Xyratex
in Fiscal Year 2014 and to become a self-sustaining business unit going
forward. I and the rest of the board unanimously support the continued
investment in ClusterStor as we are confident that the business will provide
the best next generation solutions to our customers' increasing storage
requirements as well as deliver value to Xyratex shareholders."

"I look forward to working with Jonathan, the rest of the board and the
executive team at Xyratex," said Ken Traub, Director, "I believe the company
has some very valuable technology, a strong customer base, a world class
engineering team that develops some of the best technology for our customers
and a strong financial foundation. I believe these components will allow us
to serve our customers in the best capacity available in the market."

Safe Harbor Statement

This press release contains forward–looking statements. These statements
relate to future events or our future financial performance. These statements
are only predictions and involve known and unknown risks, uncertainties and
other factors that may cause our actual results, levels of activity,
performance or achievements to differ materially from any future results,
levels of activity, performance or achievements expressed or implied by these
forward-looking statements.

Factors that might cause such a difference include our inability to
successfully execute our business strategies, retain major customers and meet
the required technical and performance specifications of our products in a
timely manner or at all, the cyclical nature of the markets in which we
operate, changes in our customers' volume requirements, our inability to
compete successfully in the competitive and rapidly changing marketplace in
which we operate, deterioration in global economic conditions, diminished
growth in the volume of digital information, patent infringement claims and
our inability to protect our intellectual property and the impact of natural
disasters. These risks and other factors include those listed under "Risk
Factors" and elsewhere in our Annual Report on Form 20-F as filed with the
Securities and Exchange Commission (File No. 001-35766). In some cases, you
can identify forward-looking statements by terminology such as "may," "will,"
"should," "expects," "intends," "plans," "anticipates," "believes,"
"estimates," "predicts," "projects," "potential," "continue," or the negative
of these terms or other comparable terminology. Although we believe that the
expectations reflected in the forward-looking statements are reasonable, we
cannot guarantee future results, levels of activity, performance or
achievements.

About Xyratex

Xyratex is a leading provider of data storage technology, including modular
solutions for the enterprise data storage industry, and hard disk drive (HDD)
capital equipment for the HDD industry. Xyratex enterprise data storage
platforms provide a range of advanced, scalable data storage solutions for the
Original Equipment Manufacturer and High Performance Computing communities. As
the largest capital equipment supplier to the HDD industry, Xyratex enables
disk drive manufacturers and their component suppliers to meet today's
technology and productivity requirements. Xyratex has over 25 years of
experience in research and development relating to disk drives, storage
systems and manufacturing process technology.

Founded in 1994 in an MBO from IBM, and with headquarters in the UK, Xyratex
has an established global base with R&D and operational facilities in North
America, Asia and Europe.

SOURCE Xyratex Ltd

Website: http://www.xyratex.com
Contact: Vice President of Investor Relations, Brad Driver, +1 (510) 687-5260,
brad_driver@xyratex.com
 
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