ASSIGNMENT AGREEMENT

IP Intellectual Property License Assignment Agreement

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Title: ASSIGNMENT AGREEMENT
Date: 7/1/2004
Industry: CMPSTR Sector: TECHNO

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<PAGE>

EXHIBIT 10.88

ASSIGNMENT AGREEMENT

ASSIGNMENT AGREEMENT ("Agreement") dated as of June 1,2004 by and between

EMC Corporation ("EMC") and MTI Technology Corporation ("MTI").

In consideration of continuing discussions between EMC and MTI and for

other good and valuable consideration, the receipt and sufficiency of which is

hereby acknowledged, EMC and MTI hereby agree as follows:

MTI hereby assigns to EMC, all of MTI's right, title and interest in and

to all patents and patent applications of MTI (the "Transferred Property"),

including without limitation those patents and patent applications listed on

Annex A to this Agreement.

Each of EMC and MTI represents and warrants to the other that the

execution, delivery and performance of this Agreement have duly authorized by

all requisite corporate action of such party and that, upon such execution and

delivery, this Agreement shall be binding and enforceable against such party.

MTI represents and warrants to EMC that MTI is the sole owner of all

Transferred Property and that no Transferred Property is subject to any

encumbrance of any kind, including without limitation any license, cross

license, covenant not to sue, consent, decree, stipulation, judgment, order,

assignment of rights, royalty, payment or other similar restriction or

obligation. MTI further represents and warrants to EMC that there is no pending

or, to MTI's knowledge, threatened claim, suit, action or other proceeding

relating to or arising in connection with any of the Transferred Property. MTI

agrees that it will transfer to EMC any relevant documents or other tangible

information relating to the Transferred Property and will execute any additional

documents reasonably requested by EMC to give effect to the transactions

contemplated hereby.

Nothing in this Agreement, expressed or implied, is intended or shall be

construed to confer upon, or to give to, any person, firm, corporation or other

entity, other than EMC, MTI and their respective successors and permitted

assigns, any right or remedy under or by reason of this Agreement or any term,

covenant or representation contained herein, and all of the terms, covenants,

promises, representations and warranties and agreements contained in this

Agreement shall be for the sole and exclusive benefit of EMC, MTI and their

respective successors and permitted assigns.

EMC CORPORATION

By: /s/ Michael Cody

--------------------------------------

Michael Cody

Vice President, Corporate Development

MTI TECHN0LOGY CORPORATION

By: Thomas R. Raimondi, Jr.

-------------------------------------

Thomas R. Raimondi, Jr.

Chairman of the Board,

President and CEO

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ANNEX A

PATENTS AND PATENT APPLICATIONS

<TABLE>

TTC REF APPLICATION

COUNTRY NO.

ATTY(S) HANDLING CLIENT'S REF TITLE INVENTOR FILING DATE

----------------- ------------ ------------------------ --------------------- -----------

013966-000820US MTI-025 System & Method for Gajjar, Kumar 08/891213

GTG (PCH) Dynamic Alignment of Henson, Larry P. 07/10/1997

Associated Portions of a

Code Word from a

Plurality of

Asynchronous...

013966-000830US SF2/025 Data Flow Controller & Gajjar, Kumar 09/399581

GTG (PCH) (Parent) Method Henson, Larry P. 09/20/1999

013966-000840US Systems & Methods for Gajjar, Kumar 10/140778

GTG (PCH) Dynamic Alignment of Henson, Larry P. 05/07/2002

Associated Portions of a

Code Word from a

Plurality of...

013966-001000DE A&M FOR POWERS, JAFFE 91907931.9

(PCH) CONTROLLING DATA HENSON, 04/03/1991

FLOW BETWEEN A JOHNSON

COMPUTER & Glider, Joseph S.

MEMORY Idleman, Thomas E.

013966-001000EP A&M FOR POWERS, JAFFE 91907931.9

(PCH) CONTROLLING DATA HENSON, 04/03/1991

FLOW BETWEEN A JOHNSON

COMPUTER & Glider, Joseph S.

MEMORY Idleman, Thomas E.

013966-001 000FR A&M FOR POWERS, JAFFE 91907931.9

(PCH) CONTROLLING DATA HENSON, 04/03/1991

FLOW BETWEEN A JOHNSON

COMPUTER & Glider, Joseph S.

MEMORY Idleman, Thomas E.

TTC REF

COUNTRY PATENT NO. STATUS

ATTY(S) HANDLING ISSUE DATE REMARKS

----------------- ------------- ---------------------------------------------------------------------------

013966-000820US 5956524 Granted

GTG (PCH) 09/21/1999 filing receipt 9/15/97 examiner communication 12/9/98 issue notification

9/16/99 assignee: Micro Technology Inc. soft copies 10-4-99

Response to Office Action: 02/26/1998 **Completed**

Amendment: 11/16/1998 **Completed**

Drawings Due: 11/18/1998 **Completed**

Issue Fee Due: 11/18/1998 **Completed**

Annuity: Next: 03/21/2007

013966-000830US 6385674 Granted

GTG (PCH) 05/07/2002 filing receipt 10/18/99; 3-20-00; corrected filing receipt 4/24/00

Issue Notification 04/29/02 Soft copies 5/14/02

Response to Notice of Missing Parts (1st Deadline): 12/13/1999 **Completed**

Amendment: 03/15/2000 **Completed**

Response to Office Action: 11/17/2000 **Completed**

Response to Final Office Action due (1st Deadline or Ext): 08/21/2001

**Completed**

Issue Fee Due: 03/12/2002 **Completed**

Annuity: Next: 11/07/2005

013966-000840US Pending Published

GTG (PCH) Filing Receipt 6/11/02; Confirmation No. 6848 Assignee: MTI

Technology Corporation

Response to Notice of Missing Parts (1st Deadline): 08/04/2002

**Completed**

013966-001000DE 69130799.7 Granted

(PCH) 01/20/1999 trans to client 9/18/01 per pch informed CPI 11/15/01 -fjc.

Annuity: End of Grace (Final Deadline): 10/03/2004

013966-001000EP 0524247 Granted

(PCH) 01/20/1999 trans to client 9/18/01 per pch; GB FR DE IT Old File:

013966-001000EP

Response: 03/22/1994 **Completed**

Response: 11/21/1996 **Completed**

Response: 01/21/1997 **Completed**

Response: 05/10/1997 **Completed**

Response: 12/04/1997 **Completed**

Amendment: 08/19/1998 **Completed**

Response: 12/27/1998 **Completed**

013966-001 000FR FR 0524247 Granted

(PCH) 01/20/1999 trans to client 9/18/01 per pch informed CPI 11/15/01-fjc.

Annuity: End of Grace (Final Deadline): 10/03/2004 **Completed**

Annuity: Next: 04/03/2005

</TABLE>

<PAGE>

<TABLE>

TTC REF APPLICATION

COUNTRY NO.

ATTY(S) HANDLING CLIENT'S REF TITLE INVENTOR FILING DATE

----------------- ------------ ------------------------ --------------------- -----------

013966-001000GB A&M FOR POWERS, JAFFE 91907931.9

(PCH) CONTROLLING DATA HENSON, 04/03/1991

FLOW BETWEEN A JOHNSON

COMPUTER & Glider, Joseph S.

MEMORY Idleman, Thomas E.

013966-001000IT A&M FOR POWERS, JAFFE 91907931.9

(PCH) CONTROLLING DATA HENSON, 04/03/1991

FLOW BETWEEN A JOHNSON

COMPUTER & Glider, Joseph S.

MEMORY Idleman, Thomas E.

013966-001000TW Apparatus And Method POWERS, JAFFE 79106579

(PCH) For Controlling Data HENSON, 08/08/1990

Flow Between A JOHNSON

Computer And Memory Glider, Joseph S.

Idleman, Thomas E.

013966-001000US Apparatus and Method POWERS, JAFFE 07/506703

(PCH) for Controlling Data HENSON, 04/06/1990

Flow Between a JOHNSON

Computer and Memory Glider, Joseph S.

Idleman, Thomas E.

013966-001020US MT-029,030 APPARATUS & POWERS, DAVID T. 08/422005

(PCH) METHOD FOR Jaffe, David H. 04/12/1995

CONTROLLING DATA Henson, Larry P.

FLOW BETWEEN A Johnson III, Hoke S.

COMPUTER & Glider, Joseph S.

MEMORY DEVICES Idleman, Thomas E.

013966-001710US MTI-036 BACKGROUND SILOTI, ALEX 08/703112

(PCH) ARBITRATION 08/22/1996

MONITORING TO

IMPROVE ACCESS ON

LIGHTLY CONSUMED

NETWORK

013966-002000CA MT-040 Reserved Cylinder for Hicksted, Richard L. 2223941

GTG (PCH) SCSI Device Write Back Glaser, Michael 06/04/1996

Cache

TTC REF

COUNTRY PATENT NO. STATUS

ATTY(S) HANDLING ISSUE DATE REMARKS

----------------- ------------- ---------------------------------------------------------------------------

013966-001000GB GB 0524247 Granted

(PCH) 01/20/1999 trans to client 9/18/01 per pch informed CPI 11/15/01-fjc.

Annuity: End of Grace (Final Deadline): 10/03/2004 **Completed**

Annuity: Next: 04/03/2005

013966-001000IT IT 0524247 Granted

(PCH) 01/20/1999 trans to client 9/18/01 per pch informed CPI 11/15/01 -fjc.

Annuity: End of Grace (Final Deadline): 10/03/2004 **Completed**

Annuity: Next: 04/03/2005

013966-001000TW 51089 Granted

(PCH) 01/13/1992 PCH says we handle annuities now that this is MTI case 1-16-03

asked PCH if this is still active and if we handle annuities 1-9-03(tls)

informed CPI via annuity reminder 11/26/01-fjc. trans to client 9/18/01

per pch; Old File: 013966-001000TW

client handles per telecon w/PCH 4-13-01 tls

Response: 08/08/1991 **Completed**

Annuity: Next: 09/10/2004

013966-001000US 5212785 Granted

(PCH) 05/18/1993 was 173637P-10; 4yr. m.fee paid 8/29/96; 4yr. m.fee statement 9/96; 8yr.

m.fee paid 9/12/00; 8yr. m.fee statement 9/00; trans. 2/28/10 per pch to

client; returned to ttc 12/02 per fileroom/r.hylton

Foreign Filing Deadline: 04/06/1991

Response to Office Action: 07/07/1992 **Completed**

Issue Fee Due: 03/18/1993 **Completed**

Annuity: Next: 11/18/2004 **Completed**

013966-001020US 5651110 Granted

(PCH) 07/22/1997 4yr. m.fee paid 10/31/00; 4yr. m.fee statement 11/00; issue notification

7/1/97 soft copies 7/25/97

Response to Office Action: 01/30/1996 **Completed**

Foreign Filing Deadline: 04/11/1996 **Completed**

Drawings Due: 03/23/1997 **Completed**

Issue Fee Due: 03/23/1997 **Completed**

Annuity: Next: 01/22/2005

013966-001710US 5742239 Granted

(PCH) 04/21/1998 was 13966N-17-1; 4yr. m.fee paid 9/4/01; 4yr. m.fee statement via

USPTO website 2/19/02; filing receipt 10-15-96 issue notification

3/31/98 assignee: MTI Technology Corporation soft copies 4/24/98

Response to Office Action: 04/17/1997 **Completed**

Drawings Due: 12/09/1997 **Completed**

Issue Fee Due: 12/09/1997 **Completed**

Annuity: Next: 10/21/2005

013966-002000CA Pending

GTG (PCH) See EXAM action

Exam/Art: 06/04/2001 **Completed**

Request Examination: 06/04/2003 **Completed**

Annuity: Next: 06/04/2004

</TABLE>

<PAGE>

<TABLE>

TTC REF APPLICATION

COUNTRY NO.

ATTY(S) HANDLING CLIENT'S REF TITLE INVENTOR FILING DATE

----------------- ------------ ------------------------ --------------------- -----------

013966-002000DE MT-040 Reserved Cylinder for Hicksted, Richard L. 96919202.0

GTG (PCH) SCSI Device Write Back Glaser, Michael 06/04/1996

Cache

013966-002000EP MT-040 Reserved Cylinder for Hicksted, Richard L. 96919202.0

GTG (PCH) SCSI Device Write Back Glaser, Michael 06/04/1996

Cache

013966-002000FR MT-040 Reserved Cylinder for Hicksted, Richard L. 96919202.0

GTG (PCH) SCSI Device Write Back Glaser, Michael 06/04/1996

Cache

013966-002000GB MT-040 Reserved Cylinder for Hicksted, Richard L. 96919202.0

GTG (PCH) SCSI Device Write Back Glaser, Michael 06/04/1996

Cache

013966-002000PC MT-040 Reserved Cylinder for Hicksted, Richard L. 96/09463

GTG (PCH) SCSI Device Write Back Glaser, Michael 06/04/1996

Cache

013966-002000US MTI-040 Reserved Cylinder for Hicksted, Richard L. 08/464101

GTG (PCH) SCSI Device Write Back Glaser, Michael 06/05/1995

Cache

013966-002600DE M&A FOR ASSIGNING Jaffe, David H. 91906246.3

(PCH) SIGNATURES TO Idleman, Thomas E. 02/27/1991

IDENTIFY MEMBERS POWERS, DAVID T.

OF A SET OF MASS Glider, Joseph S.

STORAGE DEVICES

013966-002600EP M&A FOR ASSIGNING Jaffe, David H. 91906246.3

(PCH) SIGNATURES TO Idleman, Thomas E. 02/27/1991

IDENTIFY MEMBERS POWERS, DAVID T.

OF A SET OF MASS Glider, Joseph S.

STORAGE DEVICES

013966-002600FR M&A FOR ASSIGNING Jaffe, David H. 91906246.3

(PCH) SIGNATURES TO Idleman, Thomas E. 02/27/1991

IDENTIFY MEMBERS POWERS, DAVID T.

OF A SET OF MASS Glider, Joseph S.

STORAGE DEVICES

013966-002600GB M&A FOR ASSIGNING Jaffe, David H. 91906246.3

(PCH) SIGNATURES TO Idleman, Thomas E. 02/27/1991

IDENTIFY MEMBERS POWERS, DAVID T.

OF A SET OF MASS Glider, Joseph S.

STORAGE DEVICES

TTC REF

COUNTRY PATENT NO. STATUS

ATTY(S) HANDLING ISSUE DATE REMARKS

----------------- ------------- ---------------------------------------------------------------------------

013966-002000DE 69619009.4 Granted

GTG (PCH) 11/14/2001 Annuity: Next: 06/04/2004

013966-002000EP 0830651 Pending Nat. Phase

GTG (PCH) 11/14/2001 Designating FR DE GB.

Response: 09/25/1998 **Completed**

Response: 08/01/2000 **Completed**

Response: 08/24/2001 **Completed**

013966-002000FR FR 0830651 Granted

GTG (PCH) 11/14/2001 Annuity: Next: 06/04/2004

013966-002000GB GB 0830651 Granted

GTG (PCH) 11/14/2001 Annuity: Next: 06/04/2004

013966-002000PC Pending Nat. Phase

GTG (PCH) CA EP

Chapter 2 Demand (Due): 01/05/1997 **Completed**

Chapter 2 National Phase Deadline: 12/05/1997 **Completed**

013966-002000US 5748874 Granted

GTG (PCH) 05/05/1998 4yr. m.fee paid 5/16/01; m.fee statement 10/01; recordation date 09/26/95

(notice 5/13/96) foreign filing instructions 5//9/96 issue notification

4/15/98; soft copies 5/8/98;

Response to Office Action: 08/06/1995 **Completed**

Foreign Filing Deadline: 06/04/1996 **Completed**

Response to Office Action: 10/24/1996 **Completed**

Response to Office Action: 04/14/1997 **Completed**

Response to final Office Action due (1st Deadline or Ext): 11/21/1997

**Completed**

Drawings Due: 02/05/1998 **Completed**

Issue Fee Due: 02/05/1998 **Completed**

Annuity: Next: 11/05/2005

013966-002600DE 69132511.1-08 Granted

(PCH) 01/17/2001 informed CPI 5/16/01-fjc.

Annuity: End of Grace (Final Deadline): 08/27/2004 **Completed**

Annuity: Next: 02/27/2005

013966-002600EP 0521924 Granted

(PCH) 01/17/2001 Response: 10/03/1996 **Completed**

Response: 05/19/1998 **Completed**

Response: 12/27/1998

Response: 12/30/1999 **Completed**

013966-002600FR FR 0521924 Granted

(PCH) 01/17/2001 informed CPI 5/16/01-fjc.

Annuity: End of Grace (Final Deadline): 08/27/2004 **Completed**

Annuity: Next: 02/27/2005

013966-002600GB GB 0521924 Granted

(PCH) 01/17/2001 informed CPI 5/16/01-fjc.

Annuity: End of Grace (Final Deadline): 08/27/2004 **Completed**

Annuity: Next: 02/27/2005

</TABLE>

<PAGE>

<TABLE>

TTC REF