SAN JOSE, Calif., Feb. 27 /PRNewswire-AsiaNet/ –
Komag, Incorporated (Nasdaq: KOMG) and Seagate Technology (NYSE: STX) have
expanded their strategic relationship. In addition to the existing media supply
agreement, Komag will also provide Seagate with additional aluminum substrates.
( Logo: http://www.newscom.com/cgi-bin/prnh/19990816/KOMGLOGO )
"Komag is a key strategic media supplier to Seagate and we are pleased to
expand our association with increased volumes of aluminum substrates," said
Bill Watkins, Seagate’s CEO. "We continue to have an excellent relationship
with Komag and, we look forward to the expanded relationship."
"Seagate is a key strategic partner for Komag and we appreciate the
expanded opportunity," said Tim Harris, Komag’s CEO. "Komag is the world’s
largest aluminum substrate producer and we believe that our aluminum substrates
provide leading edge technology for advanced media applications. With the
addition of significant substrate sales to our existing media supply agreement,
we are pleased to be growing our overall strategic business relationship with
Seagate."
About Komag
Founded in 1983, Komag is a leading independent supplier of thin-film
disks, the primary high-capacity storage medium for digital data. Komag
leverages the combination of its world-class U.S. research and development
center and Malaysian manufacturing operations to produce disks that meet the
high-volume, stringent quality, low cost and demanding technology needs of its
customers. By enabling rapidly improving storage density at ever-lower cost per
gigabyte, Komag seeks to create extraordinary value for consumers of computers,
enterprise storage systems and electronic appliances such as digital video
recorders, game boxes and consumer electronic storage systems.
For more information about Komag, visit Komag’s Internet home page at
http://www.komag.com. The Investors section of the website provides a variety
of financial and investor information, including an investor presentation. To
request an investor packet, call Komag’s Investor Relations at 408-576-2901.
SOURCE: Komag, Incorporated
CONTACT: Investors and Press,
Kathy Bayless,
Chief Financial Officer of Komag, Incorporated,
+1-408-576-2000, or
ir_web@komag.com
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Web site: http://www.komag.com
(KOMG STX)
February 28, 2007
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