Apr 12, 2001

Founder Co. Honors Seagate with Supplier Award

Seagate Technology today announced that it has been recognized as an outstanding supplier of storage technology with the 2000 Supplier Award presented by Founder Co., a leading distributor of computer products in China. The Founder 2000 Supplier Award honors achievement in the areas of technology, supplier cost effectiveness, quality and availability, all of which contributed to the company's success over the past year.

"Founder experienced tremendous business growth in 2000, thanks in part to Seagate's commitment to our company's success," said Mr. Sun Hongyu, Founder Co.'s deputy general manager. "For delivering leading-edge storage solutions and providing outstanding service and commitment in their supply chain management, we are pleased to recognize Seagate with this award, and will continue to look to Seagate as a strategic supplier to our business."

"This award clearly reflects Seagate's commitment and ongoing efforts to be the Supplier of Choice for storage technology," said Joel Stead, Seagate senior vice president of Worldwide Sales and Marketing. "Founder is a leading OEM in the growing China market and a key Seagate customer. Going forward, Seagate will continue to work closely with Founder to deliver a decisive competitive edge for Founder and its customers and achieve success together in the domestic market." Founder's Consumer and Commercial PCs integrated Seagate's U5 series family with capacity points ranging from 10- to 40 gigabytes.

About Founder
Beijing Founder Electronics (BFE) is a global provider of the cross-media integrated solutions. BFE is principally engaged in software development and system integration. BFE's core business includes the sales and technical services of newspaper/Internet applications, commercial printing technology, digital media and other information-related products. BFE persistently develops newer and higher technologies with novelty and will satisfy its customers in the Internet era by providing the information-processing tools, solutions and services for the information communication industries.

About Seagate
Seagate is the world's leading provider of storage technology for Internet, business and consumer applications. The Company's products include disc drives for the Enterprise, PCs and Consumer Electronics, as well as Storage Area Network (SAN) solutions and Server Appliances. Seagate's market leadership is based on delivering award-winning products, customer support and reliability to meet the world's growing demand for information storage. Seagate can be found around the globe and at www.seagate.com.

Seagate, Seagate Technology and U Series 5 are registered trademarks of Seagate Technology LLC. All other trademarks are the property of their respective owners.