Jul 15, 2005

Seagate Announces Appointment of New Country Manager for India

NEW DELHI, India - Seagate Technology, the world's leading supplier of hard disc drives, today named Rajesh Khurana as its new country manager for India and SARRC countries. He takes over from Sharad Srivastava, who leaves India after a very successful tenure to take up new responsibilities at the Company's regional headquarters in Singapore.

In his new role, Rajesh Khurana will be responsible for Seagate' sales, marketing and customer service in India and SAARC Countries. Rajesh is recognized as an industry expert in channel management and development, and his immediate focus will be to further strengthen Seagate's alliances with local partners, distributors and resellers. He and his team will also develop a strong retail channel for Seagate's range of external hard drive products.

"This is a very exciting time for Seagate in India as we are already the leading player in the market and are poised to build on that success with the 10 new product offerings that we have announced recently," said Khurana. "We see huge potential in the consumer electronics segment, mobile computing and in the enterprise space, as well as the traditional PC market. Seagate is committed to India and the large customer base here, and my role will be to fulfill that commitment in ways from which our customers can benefit."

Commenting upon his new role, Sharad Srivastava, who has been with Seagate for over 15 years, the last five years serving as the country head in India, says that he will endeavor to replicate the success he had in India at the regional level, "Five years ago I was given a mandate to move Seagate closer to the customer, enhance customer service and strengthen our leadership position. I believe we have been successful by any measure. We initiated some cutting edge channel loyalty programs and after sales support that contributed substantially to market confidence in the Seagate brand. The challenge now is to implement these programs on a larger scale, across a number of countries."

In India, Seagate enjoys good standing and brand loyalty among both computer users and channel customers, as reflected in numerous awards won by the Company during the year. "It is very rewarding to hand over the reins to a valued member of the team when we are in such good standing with our customers here," added Srivastava. "It has been an exciting time, and I am sure that Seagate will continue to enjoy tremendous success under the new leadership."

About Seagate
Seagate is the worldwide leader in the design, manufacturing and marketing of hard disc drives, providing products for a wide-range of Enterprise, Desktop, Mobile Computing, and Consumer Electronics applications. Seagate's business model leverages technology leadership and world-class manufacturing to deliver industry-leading innovation and quality to its global customers, and to be the low cost producer in all markets in which it participates. The company is committed to providing 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.

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