Jul 23, 2004

Seagate Teams with eSys to Bring Computers to Heartlanders

Seagate Technology (NYSE:STX) today announced that it is joining with eSys partners to make affordable PCs widely available to heartland customers through NTUC FairPrice supermarkets. Fully assembled in Singapore, the two eSys Personal Computer (ePC) models, ePC317 and ePC520, come with Seagate Barracuda 5400.2 40GB and Barracuda 7200.7 80GB drives respectively.

The official launch of Esys' ePC at NTUC FairPrice Supermarkets is scheduled for 23 July 2004 at Jurong Point Shopping Centre. Consumers will be able to purchase these PCs with Seagate drives from two Office 1 outlets and eight NTUC FairPrice supermarkets: Jurong Point, Tampines Mall, Junction 8, Toa Payoh HDB Hub, Bukit Merah, Bedok North Blk 212, River Vale Mall and Bukit Panjang Plaza. Office 1 is a subsidiary of NTUC FairPrice targeting the computer and electronics market.

"Seagate disc drives deliver a combination of reliability, quality and cost effectiveness needed in entry level PC storage," said Vikas Goel, Chairman of eSys Group. "With the integration of Seagate's Barracuda family, eSys is passing on Seagate innovation and leadership to the discerning Singapore customer. This is in the form of 'Realistically-Priced', feature-rich, high quality personal computers through a valuable alliance with NTUC FairPrice - known for its quality offerings."

"Backed by its extensive distribution network of leading PC components and its world class service standards, eSys has proven its capability to build up and distribute its own line of PCs that are affordable for heartlanders," said Robert Yang, director of Sales & Marketing and general manager of Singapore. "With more than 100 outlets island-wide, NTUC FairPrice has the means to effectively reach out to all housing estates in Singapore. Through strategic alliance with eSys and NTUC FairPrice, Seagate is empowered to bring affordable storage solution efficiently to the heartlanders."

Priced at S$439 for the ePC317 model and S$699 for the ePC520 model (prices inclusive of 5% tax), these affordable PCs have a 5 years carry-in extended service warranty, with first year free parts replacement. Service centers are open 7 days a week at Office 1, Funan The IT Mall and Office 1, Marine Parade. Customers can enjoy up to 12-month interest-free installments at both outlets as well.

About eSys

eSys is the fastest growing IT component distribution company in the world, with a global leadership position in Storage Solutions. Headquartered in Singapore, eSys has subsidiary operations in 27 countries in Europe, Middle East, America and Asia Pacific. Within a short span of five years, eSys has built up an impressive track record and an excellent reputation in the distribution and service support of key PC components. It was awarded "International Headquarters" (IHQ) status from Singapore Economic Development Board, a testimony to its outstanding performance and commitment to the economy. eSys can be found around the world at www.esysdistribution.com

About Seagate
Seagate is the worldwide leader in the design, manufacturing and marketing of hard disc drives, providing products for a wide-range of Enterprise, Desktop, Mobile, 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.

Seagate and Seagate Technology are registered trademarks of Seagate Technology LLC. All other brand and product names are trademarks or registered trademarks of their respective holders. Specified storage capacities reflect standard configurations exclusive of operating system or other software formatting.