Seagate ships over 2 million U4 desktop disc drives to leading PC makers.

M2 PRESSWIRE-23 July 1999-SEAGATE TECHNOLOGY: Seagate ships over 2 million U4 desktop disc drives to leading PC makers (C)1994-2000 M2 COMMUNICATIONS LTD

RDATE:210799

* bringing the Internet and affordable computing to information-hungry users

LONDON -- Seagate Technology today announced that more than 10 of the world's leading PC makers have embraced Seagate's unique U4 disc drive family to help them address customer needs in the flourishing low-cost PC market. Seagate has shipped over 2 million U4 disc drives since they were introduced in the spring, and the drives are integrated into PCs made by Compaq, IBM, Hewlett-Packard, Acer, NEC, Siemens, eMachines and others. U4 is the industry's only disc drive designed specifically for sustained low-cost manufacturability and top reliability. Continued adoption of the U4 by the top-tier PC makers confirms a growing demand for storage solutions that address the entry-level market, which International Data Corp. (IDC) estimates will total nearly 38 million units by 2001.

"At Compaq, we're delivering PCs with incredible power for the Internet, uncompromising multimedia performance, and an unbeatable value," said Brett Faulk, Manager, Consumer Desktop Division, Compaq Computer Corporation. "The U4 is an ideal component delivering great quality and the best price-to-performance ratio, helping Compaq provide next-generation technology at attractive prices."

"With a super-reliable drive like Seagate's U4, we can confidently offer systems that will stand up to the challenges of daily, intensive use," said Haydn Hsieh, senior vice president and general manager, Computer and Consumer Products B.U., Acer Inc. "Acer desktop computers have passed those tests many times, always with honours. The U4 is helping Acer to provide our customers with the features they need, and at prices that fit their budgets." Acer is the world's third-largest PC manufacturer. In addition to Acer branded products, Acer also provides ODM/OEM manufacturing for IBM and other companies.

"With help from Seagate's U4, NEC has been able to meet the specialised requirements of each customer segment -- delivering the power to discover success to a broader base of customers than ever before," said Mr.Yoshikatsu Koiwa, Group Manager, PW Division POS Group of NEC. "NEC is world renowned for the utmost in quality and technical innovation -- Seagate's industry-leading reliability helps NEC POS systems live up to our reputation."

"Our Siemens PCs are known for excellent technology, Siemens quality and differentiated value add features," said Rolf Kleinwachter, Director Marketing PC, "With the U4 drive's industry-leading reliability and built-in low price, we are supplying full multimedia action, power and enjoyment, with the latest technology, completely free of risk, and at a price that will please!"

The U4 provides the capacity and performance needed for applications like video and audio streaming, Internet navigation, multimedia, email and word processing.

"The world's leading PC makers continue to look to the U4, and to Seagate's unparalleled ability to address the growing sub-$800 PC market. Even with its built-in value price, the U4 supports the kind of applications that yesterday were available only to power users. By conceiving a disc drive with a cost-conscious design and extremely competitive specifications, Seagate is helping customers accelerate computing into new markets," said Brian Dexheimer, senior vice president of Desktop Marketing and PLM for Seagate.

Seagate Technology, Inc. (symbol SEG on the New York Stock Exchange) is a leading provider of technology and products enabling people to store, access, and manage information. The Company is committed to providing best-in-class products to help people get information when, where and how they want it. Seagate is the world's largest manufacturer of disc drives, magnetic discs and read-write heads, an innovator in tape drives, and a leading developer of Enterprise Information Management software. Seagate can be found around the globe and on the World Wide Web at http://www.seagate.com. For automated news, stock and financial information by phone, dial +1 (760) 704-4368.

All Seagate Technology storage products are fully Year 2000 compliant.

EMEA Support Services

For pre-sales or after-sales customer support in Europe, the Middle East and Africa (EMEA), dial the toll-free number for your specific country. If your country is not listed here, dial our EMEA call centre at +31 (20) 316-7222 from 08:30 to 17:00 (European central time) Monday through Friday; the call centre is located in Amsterdam, the Netherlands.

Austria: 0 800 20 12 90 Ireland: 1 800 55 21 22 Spain: 900 98 31 24 Belgium: 0 800 74 876 Italy: 1 677 90 695 Sweden: 0 207 90 073 Denmark: 80 88 12 66 Netherlands: 0 800 732 4283 Switzerland: 0 800 83 84 11 France: 0800 90 90 52 Norway: 800 113 91 Turkey: 00 800 31 92 91 40 Germany: 0 800 182 6831 Poland: 00 800 311 1238 U.K.: 0 800 783 5177

SeaBOARD

France: +33 (1) 48 25 35 95 Germany: +49 (89) 140 9331 U.K.: +44 (1628) 478 011

SeaFAX Services - all EMEA countries

Presales / Technical Support: FAX: +31 (20) 653-3513 Warranty / Repairs: FAX: +31 (20) 653-4320

This release contains forward-looking statements relating to shipment and delivery of the U4 platforms and the Ultra ATA/66 interface. These forward-looking statements are based on current expectations and entail various risks and uncertainties that could cause actual results to differ materially from those projected in the forward-looking statements. These risks and uncertainties include, but are not limited to, the ability of the Company to successfully develop and market the U4 platform and the Ultra ATA/66 interface. The Company undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof.

CONTACT: Emmanuel Vitrac, Seagate Technology Tel: +33 (1) 41 86 10 47 e-mail: emmanuel_c_vitrac@notes.seagate.com Federica Monsone, Miller/Shandwick Technologies Tel: +44 (0)171 240 8666 e-mail: fmonsone@miller.shandwick.com

((M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data prepared by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com)).