May 13, 2004

Seagate and CMS Announce Strategic Partnership to Serve the Growing I.T. Market in Vietnam

Seagate Technology (NYSE:STX), the world's leading hard disc drive supplier, today announced its strategic partnership with Computer Manufacturer Systems (CMS), the #1 local PC Original Equipment Manufacturer (OEM) in Vietnam, to deliver the best-in-class IT products here. CMS is Vietnam's biggest computer manufacturer, targeting business and IT computer users, government organizations and the Education sector. Seagate is the only supplier of disc drives used in all of CMS' PC products.

In their strategic relationship, CMS and Seagate will work closely in design and development, product testing and advanced-technology implementation to deliver leading edge products to the Vietnamese IT market. With government initiatives in place to support IT development in Vietnam, the Seagate-CMS relationship could play a significant role in driving the local IT industry to greater heights and offers both companies opportunities for growth here.

"CMS is pleased to team up with a global technology leader like Seagate to deliver leading edge products to Vietnamese computer users," said Mr. Hai, Nguyen Phuoc, director of CMS. "We choose to use Seagate drives exclusively because their high quality products are key components in our state-of-art computers. Quality and reliability are key attributes of the products that we strive to provide and Seagate disc drives exemplify these traits. Additionally, we strongly believe Seagate's commitment to serving the unique storage needs of the Vietnam market over the years will go a long way into benefiting IT development in Vietnam."

"Seagate and CMS continue to work closely to develop and deliver solutions to meet the evolving needs of technology users in Vietnam," said Robert Yang, Seagate general manager of South Asia Sales and Marketing. "The fact that the biggest Vietnamese trademark computer brand chooses 100% Seagate disc drives demonstrates the absolute confidence our OEM customers have in Seagate's ability to deliver best-in-class hard drive technology. We look forward to a successful and lasting partnership with CMS."

Seagate disc drives are protected by Seagate's exclusive 3D Defense System, the most comprehensive set of protective features to lead the industry in ruggedness and data protection. Seagate is the only independent disc drive manufacturer with the vertical integration capabilities to control the development of components and technology used in its products, as well as owning its manufacturing capabilities. Vertical integration enables Seagate to achieve a cost-effective platform of mechanics and electronics, enabling the proliferation of PC systems that meet the needs of a wide variety of consumers. Seagate's unique design, manufacturing, and customer-focused business processes have made it the number-one hard drive maker for personal computers, consumer electronics and enterprise server systems.

Seagate is the worldwide leader in the design, manufacturing and marketing of hard disc drives for Enterprise, PC, Notebook 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.