Jan 13, 2000

Seagate's Singapore Recording Media Operations Ship 150 Millionth Magnetic Disc

Seagate Technology, Inc. (NYSE:SEG), the world's leading supplier of disc drives and related components, today announced that it has shipped over 150,000,000 advanced magnetic discs from its Recording Media Operations (RMO) here in Singapore.

The 150,000,000 discs shipped marks a significant milestone for Singapore's RMO because it was opened just a little over three years ago. All the disc media produced here are integrated into Seagate disc drives manufactured at the Company's Singapore, Perai, Shenzhen and Wuxi plants.

"This milestone is a significant achievement for Seagate and especially for our Singapore employees. They have played a major role in producing the world's most advanced media for computer hard disc drives," said Mr. Phillip J. Maher, vice president, Asia Pac, RMO. "I am also proud to say that today's announcement helps to further strengthen Seagate's position as the world's largest supplier of disc media."

Seagate's technological advancements have helped increase areal density at a rate of what is currently more than 100 percent annually. Seagate's highest capacity disc drive, the Cheetah 73 Gbyte, can store more than 24,000 MP3 songs or more information than 36,000 trees made into paper and printed.

The history of Seagate Singapore's RMO, which was the 20-year old Company's first and largest media manufacturing facility outside North America, is indicative of Seagate's growth and accomplishments. This state-of-the-art media manufacturing plant in Singapore produces over half of Seagate's internal output of disc media, bringing some of the industry's most advanced manufacturing and process technologies to the region.

Seagate Technology, Inc. is a leading provider of technology and products enabling people to store, access, and manage information. The Company is committed to providing best-in-class products to help people get information when, where and how they want it. Seagate is the world's largest manufacturer of disc drives, magnetic discs and read-write heads, an innovator in tape drives, and a leading developer of Business Intelligence software. Seagate can be found around the globe and at http://www.seagate.com. For automated news, stock and financial information by phone, dial toll-free 877-SEG-NYSE. Outside the U.S. and Canada, dial 760-704-4368.