Mar 03, 1997

Seagate Names Barry Sterling Vice President of Finance

Further enhancing the company's financial management team, Seagate Technology (NYSE:SEG), the world's largest independent disc drive and components manufacturer, today announced the promotion of Barry Sterling to vice president, Finance, Worldwide Sales, Marketing, Product Line Management and Customer Service Operations. Sterling, based at Seagate's Oklahoma City operations, will report to Don Waite, executive vice president, chief administrative officer, and chief financial officer.

"Seagate currently has sales offices in 46 countries around the globe and has achieved nearly one third of worldwide industry market share which is indicative of the strength of our Sales and Finance organizations," said Waite. "The company has seen significant growth over the last decade and every step of the way Barry has provided the leadership and experience required to fulfill and surpass the company's expectations. I believe Barry will continue to excel and add value to the organization for which he will be providing support."

Sterling began his storage products career with Control Data Corporation in August, 1979, and came to Seagate with its purchase of Imprimis from CDC in 1989. In nearly 17 years in the industry he has filled a variety of financial positions including director of Finance for Thailand Operations, located in Bangkok as an expatriate from 1994 through 1996. Since his return from Thailand, Sterling has held the position of executive director, Finance, Oklahoma Drive Operations.

Sterling earned a Bachelor of Science degree in Business Management from Harding University in Searcy, Arkansas.

Seagate Technology, Inc. is a leading data technology company providing products for storing, managing and accessing digital information. Seagate develops and manufactures some of the industry's most advanced information technologies, including disc and tape storage devices, magnetic recording heads and media, precision motors, data access and management software, and microelectronics. Seagate is the largest independent disc drive and related components company in the world. The company's home page address on the World Wide Web is http://www.seagate.com.

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