| 1. | How is Adaptec stock traded? | | | Adaptec is traded on the Nasdaq Stock Market under the symbol ADPT. |
| 2. | When was Adaptec founded? | | | Adaptec was founded in 1981. |
| 3. | How many times has Adaptec stock split? | | | Adaptec stock has split three times:
March 27, 1992 -- 2 for 1
January 14, 1994 -- 2 for 1
November 1, 1996 -- 2 for 1 |
| 4. | What year was Adaptec incorporated and in what state? | | | In 1981 Adaptec was incorporated in California and in 1998 the company reincorporated in Delaware. |
| 5. | When was the Adaptec initial public offering (IPO)? | | | The Adaptec initial public offering was in June 1986 at an adjusted price of $1.19. ($9.50 non-adjusted) |
| 6. | Does Adaptec have a direct stock purchase plan (DSPP) or a DRIP? | | | No. Adaptec does not have a Dividend Reinvestment Program. |
| 7. | Does Adaptec issue dividends? | | | No. The company's current plan is to use what cash it does not retain to repurchase shares of its common stock. Cash that is retained will be used for the operation and expansion of the company's business. |
| 8. | What happens if I lose my stock certificate? | | | If you lose a certificate, change your address or if you have any other stock certificate-related questions, contact the Company's transfer agent.
Registrar and Transfer Company
Cranford, New Jersey
Phone: 800-368-5948
E-mail: info@rtco.com |
| 9. | Who is our Corporate Counsel? | | | Adaptec corporate counsel is Cooley Godward Kronish, LLP located in Palo Alto, CA. |
| 10. | Who is our Independent Accountants? | | | The Adaptec Independent Accountant is PricewaterhouseCoopers LLP located in San Jose, CA. |
| 11. | Do you have another question that hasn't been answered? | | | Please submit your question using our Information Request form. |
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Investor Relations
