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Non-Tech : HMT TECHNOLOGY - UNDISCOVERED YET!

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To: Gottfried who wrote (2008)	6/17/1998 1:01:00 PM
From: Gene Weisskopf	Read Replies (1) of 2253

HMT Begins Shipping New Advanced Media to Maxtor Corporation for Its 14GB Disk Drive FREMONT, Calif.--(BUSINESS WIRE)--June 17, 1998--HMT Technology (NASDAQ:HMTT - news) today announced that Maxtor Corporation has qualified HMT's magnetoresistive, laser-textured media for Maxtor's just announced 13.6GB disk drive. ''Our continued work with Maxtor has resulted in yet another successful time-to-market product introduction,'' Ron Schauer, Chairman, President and CEO of HMT said. ''With a capacity of 3.4GB per 3 1/2'' disk and a glide height of 0.8 microinches, this represents the highest technology product shipping in the merchant market today. There is no question that technology continues to advance at an aggressive rate, and we at HMT are proud to be in a position to help bring these advances to market.'' ''With our introduction of the DiamondMax(TM) 3400, Maxtor is among the first disk drive companies to ship a 3.4GB-per-platter drive in volume,'' said Michael R. Cannon, President and CEO of Maxtor. ''Major suppliers, like HMT, are critical to our continued success in maintaining our time to volume leadership.'' biz.yahoo.com

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