Aug 31, 2005

Seagate Technology Honors Supply Chain Excellence for 2005

Seagate Technology (NYSE: STX), the world's leading hard drive company, today announced the winners of its Outstanding Supplier Awards for 2005. Belton Group, Hoya Corporation and Xyratex, Ltd. all brought home this year's top honors. Seagate unveiled the winners at its 5th Annual Suppliers Day conference in Singapore.

The awards are presented to those suppliers delivering consistently high performance in the areas of Quality, Technology Availability, Delivery, Flexibility and Cost Management.

The Belton Group, a leading manufacturer of Arm Coil Assembly and Hook-Up, was this year's Outstanding Supplier in the Mechanical Components category. In addition to delivering on aggressive volume requirements, Belton consistently outperformed its peers to meet Seagate's quality, Six Sigma, Lean Manufacturing and technology metrics.

Hoya Corporation, a leading provider of glass substrates and media, supplies glass substrates for multiple Seagate products. Hoya was awarded the Outstanding Supplier Award in the Media/Suspension category. During Seagate's fiscal year 2005, Hoya was instrumental in providing products for Seagate's rapid growth in the Mobile and Consumer Electronics markets. Hoya's execution, technology and flexibility were key elements of Seagate's success throughout the year.

Xyratex, Ltd., a leading provider of capital equipment to Seagate's manufacturing sites, was honored as Outstanding Supplier in the Manufacturing Capital Equipment category. Xyratex responded pro-actively to Seagate's accelerated demand schedule, and its 24-7 response accompanied by a highly efficient supply chain helped dramatically reduce total lead-time for new equipment.

"Our mantra for our suppliers is 'Drive Quality'," said Karl Chicca, Seagate senior vice president of Global Materials. "The importance of reliable storage continues to grow within traditional and new markets, like consumer electronics, and our suppliers must not only provide components that meet our stringent requirements, but must continue to raise the bar on quality.

"Much of Seagate's success in fiscal year 2005 can be credited to the quality, technology, delivery and flexibility of our supply base. We continued to improve our industry-leading supply chain over the last year and received tremendous support from our suppliers to meet our customer demand. It was no small feat and I thank them for their hard work and contribution."

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 Computing, and Consumer Electronics applications. Seagate's business model leverages technology leadership and world-class manufacturing to deliver industry-leading innovation and quality to its global customers, and to be the low cost producer in all markets in which it participates. The company is committed to providing 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.

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