8/23/95 News Release --------------------------------------------------------------------------- Adaptec Completes Acquisition of Incat Systems Milpitas, Calif., - August 23, 1995 - Adaptec (NASDAQ:ADPT), announced today that it has completed its acquisition of Incat Systems Software USA, Inc. which was previously announced on July 26, 1995. The transaction was completed for 385,078 shares of Adaptec common stock and future financial consideration contingent upon certain performance criteria. Incat Systems, a privately held company founded in 1983 and located in Campbell, Calif., develops and markets application and I/O software for recordable CD peripherals (CD-R). --------------------------------------------------------------------------- Adaptec, Inc. (NASDAQ:ADPT) designs, manufactures and markets IOware(r) solutions to eliminate performance bottlenecks between microcomputers, networks, and peripherals. Solutions range from simple connectivity products for single-user and small-office desktops, to intelligent subsystem, high performance SCSI, RAID and ATM products for enterprise-wide computing and networked environments. Adaptec I/O solutions are incorporated into the products of virtually all the major computer and peripheral manufacturers around the world. Founded in 1981, and headquartered in Milpitas, Calif., Adaptec is a recognized market leader in high performance I/O technology. Adaptec currently employs approximately 1,800 people, and with its global distribution network, serves customers worldwide. Adaptec's World Wide Web home page address is http://www.adaptec.com. Adaptec and IOware are trademarks of Adaptec, Inc., which may be registered in some jurisdictions.