Apr 17, 2000

Seagate Partners with Tech Data for North American Channel Distribution

Seagate Technology, Inc. (NYSE:SEG) today announced it has engaged Tech Data Corporation as its fifth distribution partner for the North American market. Tech Data recognizes the growing importance of storage-related solutions and technologies across multiple market segments, and believes that by focusing on information storage products as a strategic line of business they will create significant business opportunities for resellers and systems integrators. Tech Data has a long-standing relationship with Seagate as a distributor of the Company's tape drive products, and will begin distributing Seagate disc drive products in July.

"Seagate has chosen Tech Data as our fifth North American distribution partner because of their clear commitment to helping us maintain the most effective support for resellers and system integrators," said Randy Lee, Seagate vice president of Americas Sales. "Seagate is the world's leading storage provider, and Tech Data is a top-tier distributor. Tech Data's strategic direction is consistent with Seagate's, and they have embraced our new distribution business model. We continue to align ourselves with channel partners who recognize the growing market potential for providing strategic storage solutions."

"Seagate storage products offer a major opportunity to our channel customers targeting the storage business," said Nistor Cano, president of the Americas for Tech Data. "Both Tech Data and Seagate recognize that the role of information storage and access in the new economy is huge - and so is the market potential for resellers who provide strategic storage solutions. Seagate's vision aligns very well our business strategy."

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 Enterprise Information Management software. Seagate can be found around the globe and at http://www.seagate.com. 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.

This release contains forward-looking statements relating to shipment and distribution of Seagate products. These forward-looking statements are based on current expectations and entail various risks and uncertainties that could cause actual results to differ materially from those projected in the forward-looking statements. These risks and uncertainties include, but are not limited to, the ability of the Company to successfully develop and market its products. The Company undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof.