04.113.2008 - Seagate First to Ship 1 Billion Hard Drives; Expects Next Billion Within Five Years

SCOTTS VALLEY, Calif.-April 22, 2008-Seagate Technology (NYSE:STX) announced today that it is the first hard drive manufacturer worldwide to have shipped 1 billion hard drives - a number not only staggering in size but also emblematic of the massive amount of digital content being created in the home, hand, office, car and dozens of other markets. Consider this: the 1 billion hard drives Seagate has delivered equates to approximately 79 million terabytes, able to store 158 billion hours of digital video or 1.2 trillion hours of your favorite music - and Seagate hard drives and storage solutions enable people to create, share, enjoy and protect more digital content every day. As further testimony to its market leadership and the central role storage solutions play in the digital world today, Seagate projects that although it took 29 years to reach the 1 billion milestone, the company will ship its next billion in less than five years. Also, by the time its nearest competitor reaches 1 billion drives shipped, Seagate will already be close to shipping its second billion. - View Press Release - Visit Seagate Technology LLC