Jan 16, 2003

Seagate Bags Intelligent20 Award

Seagate Technology's (NYSE:STX) engagement of its Singapore-based trading partners to exchange information on forecasts, shipment and inventory management has been honored with the prestigious third annual Intelligent20 Award. This is the second time since the award's inauguration that Seagate has received the honor.

Seagate's accomplishments with its trading partners is a testament to what can be achieved through supply chain collaboration. It adopted a leadership role in the propagation of RosettaNet standards in Singapore, implementing a system that is easy to deploy, highly scalable and interoperable. This allowed the Company to improve the integration of business processes with its suppliers and customers.

The transparency of information through the supply chain allows Seagate to quickly respond to changes in customers' requests. "Seagate has web-enabled virtually all aspects of our business systems in order to gain operational and competitive advantages and move quickly and efficiently to meet customer needs," said Wong CheongPhong, Seagate vice president of Asia IT. "And we are delighted to have been recognized with this prestigious award."

"We would like to congratulate Seagate," said Bernard Toh, managing director of Unisteel Technology Ltd, which Seagate has engaged in the collaboration. "Seagate has displayed excellence in leveraging technology in pursuit of sustained competitive advantage. Unisteel was honored to participate in their project with trading partners. By tapping this collaborative effort, we are able to overcome our limitations in information technology and gain access to the common language that opens up the lines of communications to a world of opportunities in eBusiness."

About Intelligent20 Award
The Intelligent20 Awards is a unique initiative that recognizes companies in Asia demonstrating the most effective and innovative use of technology in business. Hosted by Intelligent Enterprise Asia, Intelligent20 is the first Asia-focused awards program of its kind to recognize excellence in leveraging technology for optimal business returns.

About Seagate
Seagate is the worldwide leader in the design, manufacturing and marketing of hard disc drives for Enterprise, PC and Consumer Electronics applications. The Company is committed to 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.