Effective January 11, 2008, Grant Thornton LLP resigned as the independent registered public accounting firm for MTI Technology Corporation. Grant Thornton has been engaged as MTI's independent registered public accounting firm since September 30, 2003. Grant Thornton's reports on MTI's consolidated financial statements as of and for the fiscal years ended April 1, 2006 and April 7, 2007 contained no adverse opinion or a disclaimer of opinion, and were not qualified or modified as to uncertainty, audit scope or accounting principle.

Effective as of January 11, 2008, Scott Poteracki resigned as MTI Technology Corporation's Executive Vice President, Chief Financial Officer, and Secretary and, effective as of January 14, 2008, was appointed to the position of Chief Restructuring Officer for the Company. As Chief Restructuring Officer, Mr. Poteracki will be responsible for providing strategic financial leadership for the Company by working with management to establish long-range goals, strategies, plans and policies and will also be aiding in the restructuring of the Company. Mr. Poteracki was named the Company's Executive Vice President, Chief Financial Officer, and Secretary in November 2004. Effective as of February 1, 2008, Thomas P. Raimondi resigned as the Company's Chief Executive Officer and President. Mr. Raimondi will continue to work with the Company as a consultant, effective as of February 4, 2008. As a consultant, Mr. Raimondi will be responsible for providing strategic leadership for the Company by working with the Board of Directors and management to establish long-range goals, strategies, plans and policies.

Effective May 21, 2008, MTI Technology Corporation changed its OTCPK stock ticker symbol to MTIC.Q from MTIC.