Document:

<PAGE>

                                                                   EXHIBIT 10.75

                                    SUBLEASE

                  1.       PARTIES. This Sublease, dated June 30, 2003, is made
between MTI Technology Corporation ("Sublessor"), and Xyratex International Inc.
("Sublessee").

                  2.       MASTER LEASE. Sublessor is the lessee under a written
lease dated February 9, 1999, wherein BankOne ("Lessor") leased to Sublessor the
real property located in the City of Westmont, County of Dupage, State of
Illinois, described as 1111 Pasquinelli Drive, Westmont, Illinois ("Master
Premises"). Said lease has been amended by the following amendments: AMENDMENTS;
said lease and amendments are herein collectively referred to as the "Master
Lease" and are attached hereto as Exhibit "A."

                  3.       PREMISES. Sublessor hereby subleases to Sublessee on
the terms and conditions set forth in this Sublease the following portion of the
Master Premises ("Premises"): 6000 Sq Ft at 1111 Pasquinelli Drive, Westmont,
Illinois, as shown on the attached plan that has been initialled by Sublessor
and Sublessee.

                  4.       WARRANTY BY SUBLESSOR. Sublessor warrants and
represents to Sublessee that the Master Lease has not been amended or modified
except as expressly set forth herein, that Sublessor is not now, and as of the
commencement of the Term hereof will not be, in default or breach of any of the
provisions of the Master Lease, and that Sublessor has no knowledge of any claim
by Lessor that Sublessor is in default or breach of any of the provisions of the
Master Lease.

                  5.       TERM, The Term of this Sublease shall commence on
July 7,. 2003 or when Lessor consents to this Sublease (if such consent is
required under the Master Lease), whichever shall last occur, and end on June
30, 2005 ("Termination Date"), unless otherwise sooner terminated in accordance
with the provisions of this Sublease. Sublessor and Sublessee are in agreeance
that this is a month-to-month lease with a 30-day termination notice provided by
Sublessee. Sublessor agrees to notify the Sublessee 90 days prior to its intent
to terminate or modify its lease agreement with the Lessor. In the event the
Term commences on a date other than the Commencement Date, Sublessor and
Sublessee shall execute a memorandum setting forth the actual date of
commencement of the Term. Possession of the Premises ("Possession") shall be
delivered to Sublessee on the commencement of the Term. If for any reason
Sublessor does not deliver Possession to Sublessee on the commencement of the
Term, Sublessor shall not be subject to any liability for such failure, the
Termination Date shall not be extended by the delay, and the validity of this
Sublease shall not be impaired, but rent shall abate until delivery of
Possession. Notwithstanding the foregoing, if Sublessor has not delivered
Possession to Sublessee within thirty (30) days after the Commencement Date,
then at any time thereafter and before delivery of Possession, Sublessee may
give written notice to Sublessor of Sublessee's intention to cancel this
Sublease. Said notice shall set forth an effective date for such cancellation
which shall be at least ten (10) days after delivery of said notice to
Sublessor. If Sublessor delivers Possession to Sublessee on or before such
effective date, this Sublease shall remain in full force and effect. If
Sublessor fails to deliver Possession to Sublessee on or before such effective
date, this Sublease shall be cancelled, in which case all consideration
previously paid by Sublessee to Sublessor on account of this Sublease shall be
returned to Sublessee, this Sublease shall thereafter be of no further force or
effect, and Sublessor shall have no further liability to Sublessee on account of
such delay or cancellation. If Sublessor permits Sublessee to take Possession
prior to the commencement of the Term, such early Possession shall not advance
the Termination Date and shall be subject to the provisions of this Sublease,
including without limitation the payment of rent. Sublessee shall have the right
to terminate sublease with 30 days advanced written notice, but is obligated to
remain in space for a minimum of six months.

                  6.       RENT.

6.1      Minimum Rent. Sublessee shall pay to Sublessor as minimum rent, without
deduction, setoff, notice, or demand, at Sublessor's address or at such other
place as Sublessor shall designate from time to time by notice to Sublessee, the
sum of four thousand Dollars ($4000) per month, in advance on the first day of
each month of the Term.

<PAGE>

Sublessee shall pay to Sublessor upon execution of this Sublease the sum of
eight thousand Dollars ($8000) as rent for the first month's rent and one month
rent security deposit ($4000 in base rent, + one month security deposit).
Subtenant shall also pay 32.25% or approx. $2500 of the C.A.M./Operating
expenses and 50% of all energy, electrical, gas and water in addition to the
base rent on a monthly basis. If the Term begins or ends on a day other than the
first or last day of a month, the rent for the partial months shall be prorated
on a per diem basis.

                  7.       SECURITY DEPOSIT. One Month Rent of $4000

                  8.       USE OF PREMISES. The Premises shall be used and
occupied only for office and various related legal uses, and for no other use or
purpose.

                  9.       ASSIGNMENT AND SUBLETTING. Sublessee shall not
assign this Sublease or further sublet all or part of the Premises without the
prior written consent of Sublessor (and the consent of Lessor, if such is
required under the terms of the Master Lease).

                  10.      ATTORNEYS' FEES. If Sublessor or Sublessee, shall
commence an action against the other arising out of or in connection with this
Sublease, the prevailing party shall be entitled to recover its costs of suit
and reasonable attorney's fees.

                  11.      NOTICES. All notices and demands which may or are to
be required or permitted to be given by either party on the other hereunder
shall be in writing. All notices and demands by the Sublessor to Sublessee shall
be sent by United States Mail, postage prepaid, addressed to the Sublessee at
the Premises, and to the address herein below, or to such other place as
Sublessee may from time to time designate in a notice to the Sublessor. All
notices and demands by the Sublessee to Sublessor shall be sent by United States
Mail, postage prepaid, addressed to the Sublessor at the address set forth
herein, and to such other person or place as the Sublessor may from time to time
designate in a notice to the Sublessee.

To Sublessor:   MTI Technology Corporation
                14661 Franklin Avenue
                Tustin, CA 92780

To Sublessee:   Xyratex International Inc.
                Riverside Business Center
                860 Embarcadero Drive, Suite 10
                West Sacramento, CA 95605-1503

                  15.      CONSENT BY LESSOR. THIS SUBLEASE SHALL BE OF NO FORCE
OR EFFECT UNLESS CONSENTED TO BY LESSOR WITHIN 10 DAYS AFTER EXECUTION HEREOF,
IF SUCH CONSENT IS REQUIRED UNDER THE TERMS OF THE MASTER LEASE.

                                       2

<PAGE>

                  16.      COMPLIANCE. The parties hereto agree to comply with
all applicable federal, state and local laws, regulations, codes, ordinances and
administrative orders having jurisdiction over the parties, property or the
subject matter of this Agreement, including, but not limited to, the 1964 Civil
Rights Act and all amendments thereto, the Foreign Investment in Real Property
Tax Act, the Comprehensive Environmental Response Compensation and Liability
Act, and The Americans With Disabilities Act.

Sublessor: MTI TECHNOLOGY CORPORATION   Sublessee: XYRATEX TNTERNATIONAL INC.

By: /s/ Mark Franzen                    By: /s/ Steve Barber
    -----------------------------           ------------------------------
Title: Chief Financial Officer          Title: CEO.

By: _____________________________       By: ______________________________

Title: __________________________       Title: ___________________________

Date: August 4, 2003                    Date: August 13, 2003

                          LESSOR'S CONSENT TO SUBLEASE

The undersigned ("Lessor"), Lessor under the Master Lease, hereby consents to
the foregoing Sublease without waiver of any restriction in the Master Lease
concerning further assignment or subletting. Lessor certifies that, as of the
date of Lessor's execution hereof, Sublessor is not in default or breach of any
of the provisions of the Master Lease, and that the Master Lease has not been
amended or modified except as expressly set forth in the foregoing Sublease.

Lessor: BANKONE
By:    _______________________________
Title: _______________________________
Date:  _______________________________

CONSULT YOUR ADVISERS - This document has been prepared for approval by your
attorney. Colliers, Bennett & Kahnweiler makes no representation or
recommendation as to the legal sufficiency or tax consequences of this document
or the transaction to which it relates. These are questions for your attorney.

In any real estate transaction, it is recommended that you consult with a
professional, such as a civil engineer, industrial hygienist or other person,
with experience in evaluating the condition of the property, including the
possible presence of asbestos, hazardous materials and underground storage
tanks.

                                       3EXHIBIT 10.76

26th June 2003

From: Xyratex Technology Limited ("Xyratex")

To: MTI Technology Corporation ("MTI")

Subject: Memorandum of understanding. (MOU)

Further to our discussions we would like to confirm the terms of our intended
agreement, It is the intent of both parties to complete the following
agreements.

     a)   Facilities rental agreement

          This would have the following basic terms.

               1)   Provision of 6,000 sqft of continuous space within MTI's
                    Westmont facility, this space has been approximately
                    identified on drawings but currently contains the MTI
                    Systems Test facility, plus office space, and shared support
                    facilities including dual use of, front door access,
                    toilets, break rooms etc.

               2)   Provision of office clerk support to allow for basic office
                    duties telephone answering etc, within normal work hours.

               3)   Provision of a share of the current PBX with specific
                    Xyratex telephone direct dial numbers, to support the number
                    of work stations within the space provided.

               4)   Provision of all normal and reasonable, cleaning, janitorial
                    and office waste disposal required for the occupied space.

               5)   50/50 split of all energy, electrical, gas and water,
                    required for normal operation of the space for its intended
                    purpose of a system test lab and general office. Telephone
                    call charges would be charged in addition to the space
                    charge through provision of an itemised bill.

               6)   Provision of adequate parking spaces for the number of work
                    stations within the space.

               7)   All repair and maintenance costs for the space, including
                    but not limited to air conditioning, network infrastructure,
                    telephone lines shall be paid by MTL.

               8)   No additional charges will be incurred by Xyratex for the
                    use and occupation of the space.

               9)   Provision of tenant improvements on the basis of a 50%/50%
                    split of cost between Xyratex and MTI up to a maximum of
                    $10k cost to MTI. As a

<PAGE>

                    minimum, Tenant improvements will include provision of
                    secured badge locked doors to The area and Xyratex signage.

               10)  MTI will retain a single master access to the Xyratex lab
                    space for maintenance of the MTI Office System Server.
                    Currently identified as Larry Reed.

               11)  Provisions of appropriate MTI documentation to prove
                    insurance policies and other legal requirements to support
                    the rental of the space.

               12)  Xyratex will have no responsibilities for any space or
                    building dilapidation costs.

               13)  Provision of evidence to demonstrate that the proportional
                    CAM charge for the space is approx $2,500 per month.

               14)  MTI will provide 90 days notice to terminate the rental
                    agreement.

               15)  Xyratex will provide 30 days notice to terminate He rental
                    agreement, though this termination may not be given within
                    five months of the date of agreement.

               16)  Xyratex may occupy the space from the 7th July 2003 onwards,
                    in line with the target signature date of the rental
                    agreement.

               17)  The total price for the above will be approx $6,500 per
                    month payable 30 days in advance.

               18)  MTI will prepare a rental agreement with the above
                    conditions and both parties intend to complete this
                    agreement within 5 days of signature.

     b)   Capital Asset ("assets") purchase agreement

               1)   Xyratex will issue a purchase order to purchase outright
                    from MTI the full capital asset list as detailed in the
                    attached "Capital Asset List", which includes all hardware,
                    software and manuals required to operate the assets. This
                    was provided in an E-Mail from MTI as an attached
                    spreadsheet named "Eng_assets_6_24_03_l.xls".

               2)   MTI provides no warranty of any kind for the assets and they
                    are supplied as is.

               3)   MTT may invoice for the price of the assets on signature of
                    this MOU.

               4)   The price of the assets will be $50,000 payable 30 days from
                    date of invoice.

     c)   Test software IP ("software") licence agreement

               1)   Xyratex will purchase an exclusive source and object code
                    licence to the fall software list as detailed in the
                    attached "Software list". This was provide in an E-mail from
                    MTI as an attached spreadsheet named "mtitests_l.xls".

               2)   The license will allow Xyratex to use, modify, lease or
                    license the software.

<PAGE>

               3)   MTI provides no warranty of any kind for the software, and
                    it is supplied as is.

               4)   MTI may invoice for the price of the assets on signature of
                    this MOU.

               5)   The price of the software will be $200,000 payable 30 days
                    from date of invoice.

               6)   Xyratex will prepare a license agreement with the above
                    conditions and both parties intend to complete this
                    agreement within 3O days of signature.

MOU Accepted by
Xyratex Technology Limited

/s/ Matt Corner                       Date 6/26/03
-----------------------------

Exec VP Storage Systems

MTI

/s/ Mark Franzen                      Date 6/26/03
-----------------------------

Chief Financial Officer

Mark A. Franzen

<PAGE>

                          XYRATEX FIXED ASSET PURCHASE

<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------------------
                                       M=MTI  EST. MARKET
ASSET       SER NO             TYPE    X=XYR     VALUE                        DESCRIPTION                           LOCATION
-----------------------------------------------------------------------------------------------------------------------------------
ASSET LIST
-----------------------------------------------------------------------------------------------------------------------------------
<S>         <C>              <C>       <C>    <C>           <C>                                                     <C>
            08006906C2C7     SERVER      X         50.00    SGI Indigo 2 (Model CMN B007)                            ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
100113      K0011028         SERVER      X      9,000.00    SGI Origin 2000DS Computer System w/ 17" monitor         ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
100133      08006902BODE     SERVER      X        250.00    SGI O2 Workstation 180 mhz PC w/17" Monitor              ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
            38821080         SERVER      X     10,000.00    IBM RS/6000 Model F80 w/ 17" monitor (Incl: 1 x          ENG LAB
                                                            LP9002L)
------------------------------------------------------------------------------------------------------------------------------------
            38821040         SERVER      X     10,000.00    IBM RS/6000 Model F80 w/ 17" monitor                     ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
100126      N153902Z80       SERVER      X        100.00    DEC Alpha Server 1000 w/ 17" monitor                     ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
100109      USM392915K       SERVER      X      5,500.00    HP 9000 N Class                                          ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
100110      3821A27898       SERVER      X      7,320.00    HP9000 K Class Model 420 Server, 120Mhz (5/98 $36.6k -   ENG LAB
                                                            20%)
------------------------------------------------------------------------------------------------------------------------------------
101906                       SERVER      X      1,650.00    HP9000 K100 Server (2/96 $16.5k - 10%)                   AT XYRATEX
------------------------------------------------------------------------------------------------------------------------------------
            3820G29820       SERVER      X      1,000.00    HP 9000 D Class Model 350 Server                         ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
102090                       SERVER      X         50.00    Sun SparcStation 5, 110Mhz, CD-ROM                       ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
            436F3593         SERVER      X         50.00    Sun SparcStation 5, 110Mhz, CD-ROM                       ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
            926T0140         SERVER      X        150.00    Sun Ultra5 270mhz PC w/19" Monitor, 24X CD-ROM           ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
            926T0135         SERVER      X        150.00    Sun Ultra5 270mhz PC w/19" Monitor, 24X CD-ROM           ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
            925T0119         SERVER      X        150.00    Sun Ultra5 270mhz PC w/19" Monitor, 24X CD-ROM           ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
            FW94440212       SERVER      X        150.00    Sun Ultra5 270mhz PC w/19" Monitor, 24X CD-ROM           ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
            FW02942096       SERVER      X        150.00    Sun Ultra5 270mhz PC w/19" Monitor, 24X CD-ROM           ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
            926T0137         SERVER      X        150.00    Sun Ultra5 270mhz PC w/19" Monitor, 24X CD-ROM           ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
100118      FW81722486       SERVER      X        150.00    Sun Ultra5 270mhz PC w/19" Monitor, 24X CD-ROM           ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
BUYOUT      FW90520047       SERVER      X        350.00    Sun Ultra 10 PC w/19" Monitor, 24X CD-ROM                ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
100116      733F06B5         SERVER      X        200.00    Sun Ultra30 Model 250 Creator Computer System            ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
            935H265B         SERVER      X      1,000.00    Sun E250 Base 256MB Kit, 19" Monitor                     ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
102092                       SERVER      X      1,500.00    Sun E450 Base 19" Monitor                                ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
102527      S024H466D        SERVER      X      6,500.00    SUN Enterprise 4500 Server Base                          ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
102529      39036            SERVER      X      1,500.00    Desktop Computer- Sun Sparc Based System                 ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
100106      7135057          SERVER      X        100.00    Ascend MAX200 Plus 8 Remote Mobile Hub Access Server     NETWORK ROOM
------------------------------------------------------------------------------------------------------------------------------------
100108                       SERVER      X        100.00    Prosignia 300 5/75 Server System w/ 17" monitor          ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
100111      36-32414784      SERVER      X        100.00    NCR Worldmark 4300 Server w/ 17" monitor                 ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
100122      3531HNH16007     SERVER      X        150.00    Compaq Proliant 1500 Computer w/ 17" monitor             ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
100131                       SERVER      X        100.00    Intel Pentium II 350 MHZ PC w/ 17" Monitor               ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
100132      3072267          SERVER      X        100.00    ASUS P2BF BX PII 400mhz PC w/17" Monitor                 ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
100154                       SERVER      X        100.00    Able Microsystems ASUSII Pentium 300 PC w/CD-ROM w/      ENG LAB -
                                                            17" monitor                                              SECURITY SYSTEM
------------------------------------------------------------------------------------------------------------------------------------
100160      3070056          SERVER      X        100.00    GA-686BXC Pentium II 350mhz PC w/17" Monitor             ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
100188      ORG37            SERVER      X        100.00    Dell Latitude CPTC 333GT 333mhz PC w/24x CD-ROM w/ 17"   NETWORK ROOM
                                                            monitor
------------------------------------------------------------------------------------------------------------------------------------
1520-840                     SERVER      X        100.00    Dell DimensionXPS T500mhz Pentium III PC w/19"           ENG LAB
                                                            Monitor,40x CD-ROM w/ 17" monitor
------------------------------------------------------------------------------------------------------------------------------------
100144      5001692265       SERVER      X        100.00    Alpha NT Computer w/ 17" monitor                         ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
            5750-0801-01404  SERVER      X        100.00    Intel Pentium P3-800MHZ 128MB PC133 52X CD Rom w/ 17"    ENG LAB
                                                            monitor
------------------------------------------------------------------------------------------------------------------------------------
            5750-0801-01413  SERVER      X        100.00    Intel Pentium P3-800MHZ 128MB PC 133 52X CD Rom w/ 17"   ENG LAB
                                                            monitor
------------------------------------------------------------------------------------------------------------------------------------
                             SERVER      X      1,300.00    MSP (13) - Pentium II 400Mhz, 128MB, 48x CD Rom (W/(l)   ENG LAB
                                                            LP8000N-1)
------------------------------------------------------------------------------------------------------------------------------------
NOT ORIG    3509A74213       SERVER      X        400.00    HP2970A SERVER (Label with "Bellsouth-6700 Test")        ENG LAB
LIST
------------------------------------------------------------------------------------------------------------------------------------
NOT ORIG    3061343          SERVER      X        100.00    IC COMPUTER P6 PC                                        ENG LAB
LIST
------------------------------------------------------------------------------------------------------------------------------------
NOT ORIG    CHHU43000002AW   SERVER      X        100.00    1200 SCSI JBOD (NO DRIVES)                               ENG LAB
LIST
------------------------------------------------------------------------------------------------------------------------------------
NOT ORIG    3517A01397       SERVER      X        200.00    HP C2200D MODEL A3232A                                   ENG LAB
LIST
------------------------------------------------------------------------------------------------------------------------------------
100451      N/A              ADAPTERS    X        300.00    HP K Class Tachlite Fibre Channel Card                   ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
100453      N/A              ADAPTERS    X        300.00    HP K Class Tachlite Fibre Channel Card                   ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
100455      N/A              ADAPTERS    X        300.00    HP N Class One Port PCI Fibre Channel Card               ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
100457      N/A              ADAPTERS    X        300.00    HP N Class One Port PCI Fibre Channel Card               ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
100459      401105AEAN       ADAPTERS    X        300.00    HP-HSC 1063MBPS FC K Class Adapter                       ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

<PAGE>

                          XYRATEX FIXED ASSET PURCHASE

<TABLE>
------------------------------------------------------------------------------------------------------------------------------------
<S>         <C>             <C>             <C>  <C>            <C>                                                   <C>
101905      N/A             ADAPTERS         X        300.00    HP-HSC 1063MBPS FC K Class Adapter                    AT XYRATEX
------------------------------------------------------------------------------------------------------------------------------------
101960      N/A             ADAPTERS         X      5,000.00    HP PCI 2GB Fibre Channel Adapter (2)                    ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
                            ADAPTERS         X      2,750.00    ADAPTER LP8000 OPTICAL (Qty 11 - $250 ea) **WAS         ENG LAB
                                                                $4250 - 17X$250
------------------------------------------------------------------------------------------------------------------------------------
                            ADAPTERS         X     18,400.00    ADAPTER LP9000 OPTICAL (Qty 23 - $800 ea) **WAS         ENG LAB
                                                                $20,000-25X$800
------------------------------------------------------------------------------------------------------------------------------------
                            ADAPTERS         X      5,400.00    ADAPTER LP9000 Dual Channel OPTICAL (Qty 3 - $1800      ENG LAB
                                                                ea)
------------------------------------------------------------------------------------------------------------------------------------
100136      1073288-002     CAB/ACCESS       X      1,000.00    StorageWare SC 70" Cabinet w/ dual PDUs & Cables        ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
100137      1073288-001     CAB/ACCESS       X      1,000.00    StorageWare SC 70" Cabinet w/ dual PDUs & Cables        ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
100138      1076028-000     CAB/ACCESS       X      1,000.00    SW-SC 70" Cabinet w/ dual PDUs                          ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
100142      1077117-000     CAB/ACCESS       X      1,000.00    SW-SC 70" Cabinet w/ dual PDUs                          ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
100143      1077118-000     CAB/ACCESS       X      1,000.00    SW-SC 70" Cabinet w/ dual PDUs                          ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
100140      1076029-000     CAB/ACCESS       X      3,000.00    (3) 70" Cabinet w/ dual PDUs                            ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
                            CAB/ACCESS       X      1,000.00    (2) HP Cabinets                                         ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
100120                      CAB/ACCESS       X        200.00    UPS, 3KVA, 2250W, 5.25" R/M                             ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
100121                      CAB/ACCESS       X        200.00    UPS, 3KVA, 2250W, 5.25" R/M                             ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
                            CAB/ACCESS       X      1,000.00    Misc. Optical Cables                                    ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
100148      DELL B5GG2      ANALYZERS        X        100.00    FibreChannel XyraTest Pro & XyraView FC-AL, FC-AL       ENG LAB
                                                                Adapter & Protocol Analyzer
------------------------------------------------------------------------------------------------------------------------------------
100172      30100142        ANALYZERS        X        100.00    Ancot analyzer Upgrade DSC 216/FD to Ultra 2000/BD      ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
100173      30100151        ANALYZERS        X        100.00    Ancot analyzer Upgrade DSC216/FD to Ultra 2000/BD       ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
102528      39034           NETWORK          X      1,500.00    Desktop Computer- Sun Spare Based System                ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
100119      3067960         NETWORK          X        100.00    GA-686BXC Pentium II 350mhz PC w/17" Monitor, 32x       ENG LAB
                                                                CD-ROM
------------------------------------------------------------------------------------------------------------------------------------
100128      3072005         NETWORK          X        100.00    Tyan S1846S PIII BX 450mhz PC w/17" Monitor, 40x CD-ROM ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
100130                      NETWORK          X        100.00    Prosignia 300 5/75 Server System                        ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
                            NETWORK          X        150.00    Power Mac 6100/60                                       ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
100105      25393241        NETWORK          X        100.00    Cisco 2500 1E2T Router                                  ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
100115      SFAA0301WONP    NETWORK          X        300.00    Cisco Catalys CAT2900 22-Port 10/100 EN                 ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
                            NETWORK          X      4,000.00    ATL L200 DLT Library (50% of list used - still in ATL   ENG LAB
                                                                PB)
------------------------------------------------------------------------------------------------------------------------------------
            1034114-018     NETWORK          X        200.00    Gladiator 3200 RAID Array (9300 CONVERTED TO A 3200)    ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
100165      1231577         NETWORK          X         50.00    Gladiator 3200 Upgrade Controller (CONVERTED 9300 TO    ENG LAB
                                                                3200)
------------------------------------------------------------------------------------------------------------------------------------
100166      1231596         NETWORK          X         50.00    Gladiator 3200 Upgrade Controller (CONVERTED 9300 TO    ENG LAB
                                                                3200)
------------------------------------------------------------------------------------------------------------------------------------
                            NETWORK          X        100.00    (2) Gladiator 3200 Upgrade Controllers                  ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
NOT ORIG    H6T620B         NETWORK          X        100.00    Dell L667r PC                                           NETWORK ROOM
LIST
------------------------------------------------------------------------------------------------------------------------------------
100091                      OFFICE SUP       X        400.00    HP LaserJet 4050N Printer                               ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
                            OFFICE SUP       X        100.00    Hewlett Packard LaserJet 2000CN Color Printer           ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
                            OFFICE SUP       X         50.00    Hewlett Packard Scanner ScanJet                         ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
100037      M1351200531     OFFICE SUP       X        200.00    Ricoh Fax 3700L (FROM DETROIT OFFICE)                   ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
100038      NOT ORIG LIST   OFFICE SUP       X        400.00    MINOLTA COLOR PAGE WORKS PRINTER (FROM DETROIT          ENG LAB
                                                                OFFICE)
------------------------------------------------------------------------------------------------------------------------------------
100112      00175-3667      MISC             X        200.00    Gladiator 3200 RAID Array CIN#5230                      ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
100150      1075000-000     MISC             X         20.00    DLT 4000 Desktop Server                                 ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
            10396E5         MISC             X        500.00    DLT 1530 Breece Hill Library                            ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
100096      13000           MISC             X        200.00    Gladiator 3600 RCU                                      ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
NOT ORIG    1033545-000     MISC             X        200.00    9300 W/ (8) 4GB DRVS                                    ENG LAB
LIST
------------------------------------------------------------------------------------------------------------------------------------
NOT ORIG    AB30703334      MISC             X        100.00    DEC 3000 MODEL PE40A-CC                                 ENG LAB
LIST
------------------------------------------------------------------------------------------------------------------------------------
BUYOUT      904F2D3A        SERVER           X        300.00    Sun Ultra2 PC w/19" Monitor,24X CD-ROM                  ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
BUYOUT      806FC260        NETWORK          X        300.00    Sun Ultra2 PC w/19" Monitor,24X CD-ROM                  ENG LAB
------------------------------------------------------------------------------------------------------------------------------------
TOTALS                                           $114,390.00
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

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