Nov 12, 2001

Singapore Government Names Seagate U Series Disc Drive Innovation of the Year

SINGAPORE - Seagate Technology announced today that its U Series hard disc drive has been named Innovative Product Of The Year by the Singapore government. The government's award grants the highest recognition to organizational achievements in innovation in Singapore, both in the private and public sectors. Seagate will be honored in an award presentation ceremony at the Istana, with Prime Minister of Singapore, Mr. Goh Chok Tong as the Guest-of-Honour.

The U Series disc drive was selected as the winner based on Creativeness, Distinctiveness and Impact of the Innovation by an internationally acclaimed panel of judges comprising well-respected business and thought leaders. They include Norio Ohga, Chairman of the Board, Sony Corporation, Japan; Thomas A. Stewart, Member of Board of Editors, Fortune Magazine, USA; Chris Meyer, Vice President and the Director, Cap Gemini Ernst & Young Center for Business Innovation, USA; Sim Wong Hoo, Chairman & CEO, Creative Technology Ltd, Singapore; Jane Crawford, Managing Director (Asia Pacific), 3I plc, UK; and Teo Ming Kian, Chairman, Economic Development Board, Singapore and Co-Chairman, National Science and Technology Board, Singapore.

U Series quickly became the most popular drive ever used in high-volume PCs, Personal Video Recorders, Game Consoles, Audio Jukeboxes and other Consumer Electronics (CE) devices. Seagate's Science Park Design Center, the Company's Research & Development facility in Singapore, is responsible for the design and development of the U Series, and their efforts have helped make this disc drive family the best-selling hard drive in history.

"Singapore has been integral to Seagate's business operations for nearly 20 years, and in that time we have accomplished much together," said Steve Luczo, CEO, Seagate Technology. "The reasons we established operations here in 1982 are the same that drive our continued investment: strong infrastructure, technical capabilities, a skilled workforce and the government's commitment to economic development. As the world's growing appetite for digital information demands increasingly sophisticated storage devices, Singapore continues to be a strategic location where Seagate designs and builds those products."

A high point in the design and development of the U Series disc drive is Seagate's commitment to constantly examine, innovate and advance disc drive technology. The Science Park-designed U Series disc drive sets the standard for ruggedness with industry-leading non-operating shock tolerance at 350 Gs and incorporates Seagate's unique 3D Defense System (Drive Defense, Data Defense and Diagnostic Defense). These innovations led to Science Park filing more than 80 patents pertaining to the design and development of the successful U Series.

"Our design teams have clearly underscored Seagate's leadership position in cutting-edge technology with the U Series," said KT Say, Seagate vice president of Design Engineering. "In this business, it is all about innovation - the ability to develop key enabling technologies and to be first-to-market with those innovations. This is key to Seagate's continued success in the storage industry, and the Science Park team is committed to that effort."

About Seagate
Seagate is the world's leading provider of storage technology for Internet, business and consumer applications. The Company's products include disc drives for the Enterprise, PCs and Consumer Electronics, as well as Storage Area Network (SAN) solutions. Seagate's market leadership is based on 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, Seagate Technology and the Seagate logo are registered trademarks of Seagate Technology LLC. Barracuda, Cheetah, U Series, SeaShield, SeaShell, DiscWizard, 3D Defense System, are either trademarks or registered trademarks of Seagate Technology LLC or one of its affiliate companies. All other trademarks are the property of their respective owners. Seagate reserves the right to change, without notice, product offerings or specifications.