Seagate to Announce Financial Results April 26, 2001

Apr 24, 2001, 01:00 ET from Seagate Technology, Inc.

    SCOTTS VALLEY, Calif., April 24 /PRNewswire Interactive News Release/ --
 Seagate and its affiliated companies will report third quarter fiscal 2001
 financial results on Thursday, April 26, 2001 after the close of the market. A
 webcast conference call will take place that day at 2:00 p.m. Pacific Time,
 which can be accessed from:
 
     http://www.seagate.com/newsinfo/events/events_americas/
 
     A replay will be available from the web site 45 minutes following the end
 of the webcast.
     Seagate and its affiliated companies are controlled by New S.A.C., a
 Cayman Island limited liability company, organized in late 2000 to acquire the
 hard disc drive, tape drive, software and storage solutions businesses and
 certain other assets of Seagate Technology, Inc.  These businesses include:
 Seagate Technology (which includes hard disc drives and XIOtech Corp.),
 Seagate Removable Storage Solutions, and Crystal Decisions (formerly Seagate
 Software). These transactions closed November 22, 2000.
 
     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 and Server Appliances. 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.
     This press release includes forward-looking statements which are made
 pursuant to the "safe harbor" provisions of the Private Securities Litigation
 Reform Act of 1995. Forward-looking statements involve risks and
 uncertainties, including, but not limited to, delays and difficulties in
 research and development activities, technical difficulties, changes in the
 allocation of resources available for research and development, and other
 risks detailed from time to time in the Company's Securities and Exchange
 Commission filings. Actual results may differ materially from management
 expectations.
 
 

SOURCE Seagate Technology, Inc.
    SCOTTS VALLEY, Calif., April 24 /PRNewswire Interactive News Release/ --
 Seagate and its affiliated companies will report third quarter fiscal 2001
 financial results on Thursday, April 26, 2001 after the close of the market. A
 webcast conference call will take place that day at 2:00 p.m. Pacific Time,
 which can be accessed from:
 
     http://www.seagate.com/newsinfo/events/events_americas/
 
     A replay will be available from the web site 45 minutes following the end
 of the webcast.
     Seagate and its affiliated companies are controlled by New S.A.C., a
 Cayman Island limited liability company, organized in late 2000 to acquire the
 hard disc drive, tape drive, software and storage solutions businesses and
 certain other assets of Seagate Technology, Inc.  These businesses include:
 Seagate Technology (which includes hard disc drives and XIOtech Corp.),
 Seagate Removable Storage Solutions, and Crystal Decisions (formerly Seagate
 Software). These transactions closed November 22, 2000.
 
     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 and Server Appliances. 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.
     This press release includes forward-looking statements which are made
 pursuant to the "safe harbor" provisions of the Private Securities Litigation
 Reform Act of 1995. Forward-looking statements involve risks and
 uncertainties, including, but not limited to, delays and difficulties in
 research and development activities, technical difficulties, changes in the
 allocation of resources available for research and development, and other
 risks detailed from time to time in the Company's Securities and Exchange
 Commission filings. Actual results may differ materially from management
 expectations.
 
 SOURCE  Seagate Technology, Inc.