Seagate to Fund Engineering Scholarships to Students Attending CU, CSU

LONGMONT, Colo. - Seagate Technology® (NYSE: STX), the world's leading supplier of hard drives, announced today it will issue scholarships to local students for 2007-08 enrollments in the colleges of engineering at Colorado State University and University of Colorado at Boulder. Incoming freshmen recipients will receive $2,000, and returning student recipients will receive $1,000, based on the following criteria: grade point average, financial need, community involvement and technical innovation/creativity.

"Each year, we see applicants who exhibit a real passion for the sciences, an innovative spirit and an interest in applying technology in ways that will benefit society," said Andy Davis, vice president of Design Engineering at Seagate. "This is the third year for our local scholarship program, and we've already seen how it's helped fund a very bright future for some very bright students who just need a bit more financial backing to attend college and pursue a career in engineering."

Applications for the Seagate Scholarship Program are available on the company's Web site at: http://www.seagate.com/newsinfo/citizenship/community/scholarship.html. Completed applications will be accepted through April 12, 2007. Recipients of the Seagate Scholarship will be notified in late April.

Scholarship applicants must be admitted at the university of choice (CSU or CU) and have a completed Free Application for Federal Student Aid (FAFSA) form on file in the university's financial aid office. Incoming freshmen scholarship recipients will receive the first half of the scholarship ($1,000) in the fall 2006 semester and the final payment in the spring 2007 semester, with both payments directly deposited into their tuition account. Likewise, returning student recipients will receive the first half of the scholarship ($500) in the fall semester, and the final payment in the spring semester, with the same deposit process.

About CU's College of Engineering and Applied Sciences
The College of Engineering and Applied Science at CU-Boulder enrolls about 2,700 undergraduate students in 11-degree programs in engineering and applied science. Prospective students can find more information at http://ecadw.colorado.edu/engineering

About CSU's College of Engineering
The College of Engineering at CSU enrolls about 1,500 undergraduate students in seven degree programs. Prospective students can find more information at www.SupportEngineering.colostate.edu.

About Seagate
Seagate is the worldwide leader in the design, manufacture and marketing of hard disc drives, providing products for a wide-range of applications, including Enterprise, Desktop, Mobile Computing, Consumer Electronics and Branded Solutions. 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.

For further information, contact Christina Dukeman.