Jul 07, 1997

Seagate Promotes Michael R. Banks to Vice President, CSO, Far East Operations

Seagate Technology, Inc. (NYSE:SEG), the world's largest manufacturer of disc drives and related components, today announced the promotion of Michael R. Banks to vice president, Customer Service Operations (CSO), for the company's Far East operations. Banks will be based in Singapore and will report directly to Ken Davidson, senior vice president, Worldwide CSO.

"Michael brings over 17 years of experience in the storage technology industry to his new position," said Davidson. "His broad knowledge and industry expertise will be assets to CSO development in the Asia Pacific region. As customer service becomes an even more important factor to our key OEMs and distributors, we will need the leadership of industry experts like Michael to position the company to satisfy future demand."

Banks joined Seagate in 1990 as Operations Manager at the company's Repair Facility in Scotland. In 1991, he moved to Seagate's Netherlands facility, with responsibility for warehousing, materials management, production and process engineering maintenance and facility services. In 1995, he relocated to Seagate's Oklahoma City operations as director, CSO Quality, and then accepted an expat assignment in Singapore in 1996. Prior to Seagate, Banks has held management positions with Premier Computer Corporation and Newbury Data Ltd.

Banks earned an HNC in Electronic and Electrical Engineering at South Cheshire College in England.

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, microelectronics, and data access and management software. With $9.0 billion in revenue, operations in 22 countries and over 100,000 employees worldwide, the Scotts Valley, CA-based company is the world's largest manufacturer of disc drives and related components and one of the globe's largest industrial corporations. Seagate's home page address on the World Wide Web is http://www.seagate.com .

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