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                                                                      EXHIBIT 99

FOR IMMEDIATE RELEASE

                                                Media Relations Contact:
                                                Wayne Howe
                                                Public Relations
                                                617-242-4424
                                                e-mail: whowe@bigpage.net

                                                Investor Relations Contact:
                                                Frank Yoshino
                                                Treasurer
                                                714-693-2775
                                                e-mail: fyoshino@ccmgate.mti.com


                    MTI MOVES TO THE NASDAQ NATIONAL MARKET



ANAHEIM, CA -- February 24, 1998 -- MTI(TM) Technology Corporation (Nasdaq:MTIC)
today reported that effective February 25, 1998, the Company's common stock
would resume trading on the Nasdaq National Market under the symbol "MTIC" and
would cease trading on the Nasdaq SmallCap Market.

     "We are very pleased to announce today our re-listing on the Nasdaq
National Market. This is the end result of the considerable efforts by everyone
at MTI over the past two years", said Earl Pearlman, President and Chief
Executive Officer since April, 1996. "During this period, the Company has
aggressively pursued its strategy of focusing on the development of products
and services that meet the requirements and needs of our customers. We believe
the successful pursuit of this strategy has resulted in the substantial
improvement of the Company's operating performance and balance sheet over the
past seven quarters, and that this is an important milestone in the execution
of our plans to be a leading provider of high-performance storage solutions in
the Open Systems market."

     MTI's mission is to be the premier provider of high-performance,
cross-platform data storage management solutions for the enterprise. MTI 
integrates distributed data management software, a hierarchy of modular storage
systems and on-site services to meet the mass storage needs of its customers.
Headquartered in Anaheim, CA, the Company offers services and support from more
than 40 offices in the United States and Europe. MTI may be reached by phone:
800-999-9MTI or 714-970-0300, fax: 714-693-2256 or e-mail: info@mti.com.
Information can also be accessed via MTI On-Line, the Company's World Wide Web
server on the Internet at: http://www.mti.com.

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This press release includes forward-looking statements, including statements
regarding the Company's product development plans, which are subject to change.
The actual results may differ materially from those described in any
forward-looking statement.