Dec 15, 1999

Seagate Honors Nissho Electronics With Global Strategic Partnership Award

TOKYO - Seagate Technology, Inc. (NYSE: SEG), the world's leading supplier of hard disc drives, today presented Nissho Electronics with its prestigious Global Strategic Partnership Award for the company's outstanding performance as a Seagate channel partner in the first quarter of fiscal year 2000.

The award recognizes strategic distributors worldwide who have developed exceptional business relationships with Seagate and displayed a strong commitment to customer service, business development and technical support. Seagate began working with Nissho Electronics in April 1998.

"Seagate values our relationship with Nissho and we believe their capabilities are complementary to our strengths in delivering high performance, reliable storage products to the IT market in Japan, which is a very important market for us," said Joel Stead, Seagate's senior vice president of International Sales & Marketing.

"Combining Seagate's data storage technology with our channel marketing expertise creates a powerful team, uniquely capable of meeting the needs of Japanese computer users," said Takuo Matsumura, Director of Nissho Electronics. "We look forward to continued success as one of Seagate's global strategic partners."

Nissho Electronics distributes Seagate disc drive products for both the Personal Storage and Enterprise market segments in Japan.

About Nissho Electronics Nissho Electronics is a subsidiary of Nissho Iwai Corporation which is established in 1969. Nissho Electronics' aim is to provide the domestic Japanese market with advanced products incorporating new technologies. Working with our customers, we identify leading edge technologies that best meet their current and future needs, and help them find ways to utilize technology to open new worlds of possibility.

About Seagate Seagate Technology, Inc. (NYSE:SEG), 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 on the World Wide Web at 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.