Aug 01, 2001

Seagate Expands Channel Relationship with Ingram Micro Into Singapore, Malaysia and Vietnam

SINGAPORE - Seagate Technology today announced it has engaged Ingram Micro as an authorized distributor for the Singapore, Malaysia and Vietnam markets. The appointment builds on the successful channel relationships Seagate and Ingram Micro have established in Australia and India. Ingram Micro will be distributing Seagate's full range of disc drives, from value-class drives for the Personal Storage market to high performance disc drives for the Enterprise Storage market.

"Ingram Micro recognizes the growing importance of storage-related solutions and technologies across multiple market segments, and we believe that their focus on information storage products as a strategic line of business will create significant business opportunities for resellers and systems integrators," said Joel Stead, Seagate senior vice president of Worldwide Sales and Marketing. "As a leading storage device supplier, Seagate continues to align itself with channel partners such as Ingram a top-tier distributor who recognizes the growing market potential for providing strategic storage solutions."

"Seagate disc drives offer a major opportunity to our channel customers targeting the storage business," said Hans Koppen, President, Ingram Micro Asia Pacific. "Ingram recognizes that the role of information storage and access in the new economy is huge and so is the market potential for channel partners and system integrators who provide strategic storage solutions. Leveraging our expertise in the distribution business and building on the long-standing channel relationship with Seagate, we are committed to making Seagate products available to a wider spectrum of consumers in Asia."

Seagate has been named Vendor of Choice by Channels Asia Magazine for four consecutive years, based on marketing and promotional support, product availability, responsiveness, training, quality and reliability. Complementing Seagate's channel success as a widely recognized storage leader, Ingram Micro's strong presence in the enterprise, PC server and workstation markets provides opportunities to expand Seagate's market presence and allow the Company's products to be available to a wider range of users in the region. Further strengthening Seagate's position in the Singapore market, the appointment of Ingram Micro Singapore also complements the Company's current distributors, VST and Achieva, extending the availability of Seagate products here.

With Seagate adding Singapore, Malaysia and Vietnam markets to the channel partnerships in Australia and India, and its existing relationship with Ingram Micro in the Americas and Europe, the two companies now have an expanded global distribution relationship that extends to a number of key markets around the world.

About Ingram Micro Asia Ltd
Ingram Micro Asia Ltd, (a wholly owned subsidiary of Ingram Micro Inc.) headquartered in Singapore, is a leading wholesale provider of a wide range of products including; components, hard disk drives, memory, networking, notebooks, PC's peripherals, printers, servers, software and storage.

About Ingram Micro Inc.
Ingram Micro Inc. is the largest global wholesale provider of technology solutions, products and services. The company operates in 34 countries with sales exceeding $30 billion for the past four reported quarters. Ingram Micro's global regions offer e-commerce solutions, logistics services, and technology product distribution and marketing to more than 175,000 technology solution providers and manufacturers. The company is focused on maximizing shareowner value and achieving customer satisfactions by continuously innovating the IT supply chain. Visit www.ingrammicro.com.

2001 Ingram Micro Inc. All rights reserved. Ingram Micro is a trademark used under license by Ingram Micro Inc. All other logos, brand names and product names are trademarks of their respective companies.

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.