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Seagate Appoints Chemic as Distributor in Japan


WEBWIRE

TOKYO—07 November 2006— In a move to further strengthen its presence in the Japanese market, Seagate Technology (NYSE:STX), the world’s leading hard drive company, today announced the appointment of Chemic Corporation as an authorized distributor for Seagate’s disc drive products.

Seagate’s distribution strategy includes working closely with partners like Chemic to provide the industry’s broadest set of storage solutions to a wider set of customers in more market segments in Japan. The agreement with Chemic strengthens Seagate’s customer base in Japan, leveraging Seagate’s technology leadership, innovation and unmatched operational excellence in order to deliver compelling industry-leading solutions to OEMs and their customers. Chemic will be distributing Seagate’s full range of disc drives for Enterprise, Personal Storage and Consumer Electronics applications and branded solutions products.

“Chemic is leveraging its experience in handling disc drive products mainly with Maxtor and we are expecting to expand its business with Seagate,” said Hiroyuki Miyamoto, president and CEO of Chemic.

“Seagate aims to strengthen support for our customers together with Chemic and our other partners,” said Tom Kobayashi, president of Nippon Seagate.

About Chemic
Chemic Corporation is established in February 2001. With increasing demands from the consumer electronics market, Chemic has been operating its business only with hard disc drives. As the market is expanding, it is leveraging its know-hows and achievements and meeting diverse customer needs by fulfilling supports with establishment of development focused team. Details can be found at www.chemic-jp.co.jp.

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 in English or www.seagate.co.jp in Japanese.

Seagate, Seagate Technology and the Wave logo are registered trademarks of Seagate Technology LLC. All other trademarks or registered trademarks are the property of their respective owners.



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